Industry & Business
Corporate developments, investments, acquisitions, and global cannabis business insights
Virginia is on the verge of sweeping changes to its marijuana laws. Lawmakers sent ten cannabis-related bills to the desk of Democratic Governor Abigail Spanberger for her review. Adult-Use Retail Sales Legislation (Senate Bill 542 and House Bill 642) to legalize and regulate the retail sale of cannabis to adults 21 and older, patroned by…
Sweeping Changes to Virginia Marijuana Laws Approved by Lawmakers Read More »
What do you give someone who already has everything? That’s the question Distinctive Assets, the company responsible for gifting Oscar nominees, must have asked itself every year for the past 24 years. And yesterday, at the 98th Academy Awards ceremony, the answer appears to have been a rather redundant “everything”: a medley of luxury items,…
Weed at the Oscars: Luxury Cannabis, Cosmetic Surgeries and Prenups Read More »
The Food and Drug Administration (FDA) has submitted a proposed cannabis products enforcement policy to the White House for review that concerns regulatory issues specifically related to CBD. The White House Office of Management and Budget’s (OMB) Office of Information and Regulatory Affairs (OIRA) posted a notice that it received the submission from FDA, which…
FDA Submits New Cannabis Products Enforcement Policy For White House Read More »
The governor of New Mexico has signed a budget bill that provides nearly $800,000 in funding to support the state’s therapeutic psilocybin research efforts, including financial assistance to help low-income residents access treatment with the psychedelic. Gov. Michelle Lujan Grisham (D) gave final approval to the budget legislation on Wednesday that stipulates that $150,000 will…
New Mexico Governor Signs Budget Bill With Funds To Provide Read More »
Legalizing marijuana for adult use is linked to gradual reductions in violent crime—while medical cannabis legalization is associated with lower rates of property crime—according to a new study. As more states move to enact legalization, researchers at Jack Welch College of Business and Technology, Barnard College, National Chengchi University and Longwood University set out to…
Legalizing Marijuana For Recreational Or Medical Use Leads To Reductions Read More »
“Massachusetts businesses are thrilled that we might be delaying or limiting the number of licenses we’re about to hand out.” By Christopher Shea, Rhode Island Currant Cannabis cultivators and prospective store owners implored the panel responsible for regulating Rhode Island’s cannabis market to avoid any further delays in awarding 20 new retail licenses on Friday.…
Rhode Island Marijuana Regulators Delay Decision On Lottery To Award Read More »
The road into the Mzintlava River Valley is not on any investment map. It bends past a school with a broken bell, past two spaza shops, and then the tar gives up. What follows is dust, goats, and small fields that look untidy to anyone trained by brochures. This is where South Africa’s cannabis story…
Two Economies, One Plant: South Africa’s Cannabis Divide Read More »
With marijuana rescheduling still left unfulfilled months after President Donald Trump ordered the process to be completed, there are no plans to update federal workplace drug policy around cannabis, according to a new filing from the U.S. Department of Health and Human Services (HHS). In a noticed published in the Federal Register on Friday, HHS…
With Marijuana Rescheduling Still Pending, Federal Workplace Drug Testing Rules Read More »
MA marijuana report; Federal rescheduling analysis; NH legalization & psychedelics bills blocked; DE medical cannabis in hospitals Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know which cannabis stories are shaping the day. Your support makes Marijuana Moment possible… Hold on, just one second…
Virginia cannabis sales legalization bill heads to governor (Newsletter: March Read More »
“People don’t know what the rules are. They don’t know what is in effect at a certain time… There is overall confusion around regulations, and that is the biggest issue.” By Stephen Simpson, The Texas Tribune Dallas attorney Chelsie Spencer specializes in making sure Texas businesses that sell hemp-derived THC products know how to stay…
Texas Could See A Spike In Raids On Hemp Businesses Read More »
