State Representative Joseph Aragona (R) has introduced House Bill 4967, a proposal that would significantly update Michigan’s cannabis framework. Filed today and referred to the Committee on Regulatory Reform, the bill would give the Cannabis Regulatory Agency (CRA) direct oversight over hemp cultivation, processing, distribution, and sales. Consumable hemp products, including products with hemp-derived THC …
Calgary Approves Cannabis Sales at All-Ages Events
The City of Calgary has amended the Business Licence Bylaw (32M98) to align with provincial cannabis regulations, allowing licensed retailers to sell cannabis at all-ages events, provided all sales and consumption take place in designated areas where minors are prohibited. “Calgary is committed to clear regulations that promote public safety,” says Melanie Bishoff, manager of …
Ohio: Legal Cannabis Sales Pass $3 Billion Across 30.6 Million Transactions
Ohio’s legal marijuana market has officially passed $3 billion in total sales across over 30.6 million transactions. According to newly released data from the Division of Cannabis Control, total legal sales reached $3,016,366,754 as of September 6. Of this amount, recreational marijuana accounted for roughly $785.5 million, while medical marijuana sales topped $2.23 billion. Recreational …
Over 350 Studies Published in Past 12 Months Showing Cannabis’ Medical Potential, Plus New Insights on Cultivation and Specialized Applications
Despite marijuana’s Schedule I status, which classifies it as having no accepted medical use, hundreds of studies in the past year have highlighted its potential to treat or ease a wide range of conditions. Below is a breakdown of over 350 cannabis-related studies published in the past 12 months. Many highlight cannabis’ potential to treat …
Cannabinoids Show Potential in Sepsis Treatment, Review Finds
A new review published in the journal Inflammation Research highlights the potential of cannabinoids as therapeutic agents for sepsis, a condition responsible for one in five deaths worldwide and the third leading cause of hospital fatalities. Conducted by researchers at the Federal University of Santa Catarina, the analysis focused on preclinical studies exploring the role …
U.S. House Bill to End Federal Marijuana Prohibition Gains 7 New Sponsors, Now at 54
A legislative push to repeal federal marijuana prohibition continues to grow in the U.S. House, with seven more Democrats adding their names as sponsors of the Marijuana Opportunity Reinvestment and Expungement (MORE) Act. With these additions, the measure now has 54 cosponsors. Representatives Shontel Brown (D-OH), Dwight Evans (D-PA), Robert Garcia (D-CA), Jahana Hayes (D-CT), …
Vireo Growth Records First-Ever Legal Recreational Cannabis Sale in Minnesota
Vireo Growth Inc. has officially launched adult-use marijuana sales in Minnesota across eight outlets, marking a historic milestone for the company and the state’s new recreational market. On September 16, Vireo completed its first adult-use sale at its downtown Minneapolis Green Goods dispensary.
Hawaii House Judiciary Chair Vows to Revive Marijuana Legalization Bill Next Year
A leading Hawaii lawmaker says he plans to reintroduce legislation to legalize marijuana for everyone 21 and older next year, keeping the issue alive after it stalled in the 2025 session despite overwhelmingly passing the Senate. Representative David Tarnas (D), chair of the House Judiciary and Hawaiian Affairs Committee, introduced HB 1246 earlier this year …
Green Thumb Industries Launches $50 Million Share Repurchase Program
Green Thumb Industries Inc., the parent company of RISE Dispensaries, has announced that its board of directors has authorized a new $50 million share repurchase program. The move allows the company to buy back up to 10.36 million of its subordinate voting shares over the next 12 months.
Verano Opens 82nd Florida Cannabis Dispensary in Crystal River, 158th Nationwide
Verano Holdings Corp. has announced that on September 19 it will open its 82nd MÜV dispensary in Florida and 158th nationwide. The new dispensary, located at 941 NE US Hwy 19 in Crystal River, opens at 9 a.m. on September 19. The store sits on a busy corridor with nearly 23,000 vehicles passing daily and …
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