Friday, April 18, 2025

Business

House Advances SAFE Banking Act as Part of the America COMPETES Act

A majority of the US House of Representatives today passed The America COMPETES Act of 2022, which includes the provisions of the Secure and Fair Enforcement (SAFE) Banking Act. This vote marks the sixth time that members of the House have...

Over $1 Million Seized by San Bernardino Sherrif’s Department from Legal Cannabis Businesses

During November of 2021, armored cars were carrying over $700,000 in cash belonging to licensed marijuana dispensaries. These armored cars were pulled over and searched by local law enforcement, leading to them seizing every dollar. A few weeks later...

New York is promising $200 million for marijuana social equity

Governor Kathy Hochul is trying to lead the country by example through a new program that would garner $200 million specifically to promote social equity when handling licenses. There have been no licenses granted yet in the road to a...

More than 400 towns in New York have “opt-out” of marijuana dispensaries

With New York legalizing marijuana early this year, many were excited for the coming wave of dispensaries littered around the state. As of legalization, local towns and villages were given the option to opt-out of hosting dispensaries or on-site...

SAFE Banking Language Not Included In Final NDAA Package

Despite being previously approved by the US House of Representatives, provisions of the Secure and Fair Enforcement (SAFE) Banking Act — which allows state-licensed marijuana-related businesses to engage freely in relationships with banks and other financial institutions — will...

Big Marijuana Recall happening in Michigan

After testing for most products was botched over a three month period at Viridis Laboratories in Michigan, the state’s Marijuana Regulatory Agency has issued a large recall. Notably, products that do not fall under this recall are “inhalable marijuana concentrate...

Seth Rogen, Sarah Silverman teaming to help legalize marijuana

Lots of businesses including Canopy Growth, Weedmaps, and Cresco Labs have started a pretty big campaign that advocates for weed legalization. Along with those giant businesses are Seth Rogen and Sarah Silverman, and comedian Jessimae Peluso. Drawing attention to frustrating dichotomy...

Canopy Growth buys edibles company Wana for $297 million

A pretty huge merger went under our radar last month, with Canopy Growth, the biggest marijuana company in Canada, buying up a Colorado-based edibles company Wana. They are the number one edibles brand in North America, so Canopy Growth’s...

MJ Biz Con shows the optimism of the Marijuana Industry

Last week, we were able to get a sense of the mood within the industry, and it seems it depends on the size of the provider. At the large scale and the small scale, we were seeing businesses looking hopeful...

Here are some likely states that will legalize marijuana next year

Cannabis Business Times has put together a list of states that have a chance of getting their hands on weed within the next coming 14 months. Here’s a breakdown: Delaware Adult-use House Bill 150 is approved by Health and Human Development Committee House floor...
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Cannabis Supply Chain and Tariffs, What You Need To Know

Views: 3 Cannabis businesses and ancillary companies are scrambling to adapt after former President Donald Trump’s sudden imposition—and partial...
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