A bill proposed in California would allow cannabis to be sold at farmers markets and establish permits for offering cannabis at temporary state-licensed events, KCRA 3 reports. The measure passed the Assembly Business and Professions Committee on Tuesday. The bill’s sponsor, Assemblyman Jim Wood (D), told KCRA 3 that the focus of the legislation “is
Canopy Growth laid off 245 employees on Tuesday, about 8% of its workforce, in an effort to reduce company losses and approach profitability, Marijuana Business Daily reports. The company, a federally licensed cannabis producer in Canada, said in a release that the move would save up to $150 million CAD over the next 12 to
The New Hampshire Senate on Thursday voted down two bills to legalize cannabis in the state, the New Hampshire Bulletin reports. The bills had been approved by the House of Representatives earlier this year. One of the bills had been pared down to remove home grow provisions in an effort to make it more palatable
Series C Comprised of Leading Fintech Investors Including: Long Ridge, Kayne Partners, and Synchrony Financial SAN FRANCISCO, April, 20th, 2022 – Treez (www.treez.io), the leading enterprise cloud commerce platform that powers retail and supply chain operations for the cannabis market, today announced completion of a $51 million Series C funding at a valuation in excess
There are currently 38 states in the US with THC-inclusive medical cannabis programs and only a handful of states where patients have no access to medical cannabis products. But when Steph Sherer founded Americans for Safe Access (ASA) in 2002, only eight states had medical cannabis programs and their primary focus was to provide patients
Leafreport released a study this week finding that 60% of consumer CBD products currently marketed for sleep contain the wrong amount of CBD, CBN, or melatonin. To conduct the study, the company purchased 52 different CBD sleep products including gummies, tinctures, and capsules. The products were third-party tested by accredited cannabis testing laboratory Infinite Chemical
A medical cannabis company has filed a lawsuit against the Georgia Access to Medical Cannabis Commission claiming the scoring and evaluations of industry applications were shrouded by “conflicts of interest” and licenses were “bought and sold through closed-door politics and backroom deals,” FOX 5 reports. Cumberland Curative President Charlie Arnold said he believes his company,
Kentucky Gov. Andy Beshear (D) on Tuesday signed a bill to authorize cannabis research at the University of Kentucky (UK), the Associated Press reports. Beshear used his line-item veto authority to broaden the center’s work and allow more leeway in the selection of the center’s oversight board. The legislation to create the research center was
A new proposal by California Gov. Gavin Newsom (D) that would pay farmers to leave fields unplanted in order to conserve water — a practice known as fallowing — excludes the state’s cannabis farmers, Marijuana Business Daily reports. Working with some of California’s largest water providers, the state is offering $268 million in funds to
New rules governing New York’s hemp industry take effect this week, including stricter labeling and testing requirements, the Times-Union reports. The rules were adopted by the Cannabis Control Board in November, but several provisions were delayed to allow businesses to come into compliance. The new packaging rules require a nutritional fact panel with an ingredient
