Saturday, June 7, 2025

Business

No Further Movement Expected on SAFE Banking, Other Marijuana Reforms in 117th Congress

Members of the 117th Congress are unlikely to advance the Secure and Fair Enforcement (SAFE) Banking Act and other marijuana-related reform language before the session’s end. Congressional leaders are set to debate an omnibus spending package in the session’s...

District of Columbia: Council Members Advance Legislation Further Expanding Medical Cannabis Access

The District of Columbia’s city council has recently approved legislation to significantly expand medical cannabis operations in Washington, DC. The Medical Cannabis Amendment Act, led by Council Chairman Phil Mendelson (D), will:  Increase the number of licensed dispensaries that can operate...

Brooklyn Prosecutor Ran an Illicit Marijuana Ring for years

From 2014 to 2016, former prosecutor Ramy Joudeh, who became an assistant district attorney in 2015, ran a distribution ring that would ship crates of marijuana from an auto shop in New Jersey to California. The FBI first found out...

Cookies will start selling marijuana seeds

MJBizCon happened earlier this month, and being one of the most popular weed brands, Cookies was there to present. Berner, Cookies’ just-as-famous CEO, was also there, and while on the Main Stage, he spoke about how the company is...

Poll: Nearly Three in Four Likely Voters Support “Ending the Federal Ban” on Marijuana, Other Federal Reforms

Seventy-four percent of likely voters say that they “support ending the federal ban on marijuana,” according to national polling data provided by the progressive-leaning think tank Data for Progress. Eighty-five percent of Democrats, along with 74 percent of Independents...

Mike Tyson is making more Marijuana-infused Ears to Chew on

Rule number of controversy, it seems, is to capitalize the moment. Bundle the story up into a commodity and sell it. Mike Tyson has been  doing this exact thing for 25 years, ever since he bit off a chunk...

Diddy now has the largest black-owned cannabis brand

Last Friday, Sean “Diddy” Combs made the announcement that he was purchasing three pre-existing marijuana operations in three states. For a colossal $185 million, Diddy bought the operations from Cresco Labs and Columbia Care who had to divest these operations...

Large Canopy Growth Acquisition Moves Them Closer To US Markets

Canopy Growth, a Canadian based cannabis company is moving into the American market relatively swiftly. According to CNBC, Canopy growth announced recently they are consolidating their US assets into a new holding company called Canopy USA. This new holding...

NAACP Calls for the “Immediate Passage” of SAFE Banking Legislation

Members of the NAACP’s Board of Directors have approved a resolution calling upon Congress to enact legislation that explicitly allows banks to provide financial services to state-licensed cannabis businesses. Federal law discourages banks and other financial institutions from maintaining relationships with marijuana-related businesses because the plant remains classified...

More Weed Workers Speak Out Against Poor Working Conditions

We reported on a story a couple weeks ago about the first marijuana employee dying from exposure to dust emanating from pre-rolls. Well that story, which occurred earlier this year but didn’t hit the press until this month, has...
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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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