Sunday, May 5, 2024

Medical Marijuana

Utah Medical Marijuana Sales Not Expected Until 2020

SALT LAKE CITY (AP) — Utah patients can use medical marijuana legally after a compromise agreement was signed into law, but they likely won’t be able to buy it legally until at least 2020, officials said Tuesday. The state will...

Montana hemp grower pursues reverse takeover in bid to go public in Canada

A Montana hemp producer plans to go public in Canada via a reverse takeover, becoming the latest U.S. cannabis business to get its shares listed north of the border through an RTO. Vitality CBD Natural Health Products, a privately held company...

‘Compromise’ Medical Marijuana Bill is Made Into Law in Utah

Utah lawmakers approved a controversial medical marijuana bill in a special session Dec. 3, 2018. There’s your final vote on the medical marijuana “compromise.” #utpol pic.twitter.com/w9Ip3KQE8E — Robert Gehrke (@RobertGehrke) December 3, 2018 During the Nov. 6, 2018, election, Utah voters passed...

Pennsylvania May Expand List of Qualifying Conditions for Medical Marijuana

Pennsylvania may soon expand its list of serious medical conditions that qualify a patient to use cannabis medicinally, according to a spokesman from the state Department of Health. The Pennsylvania Medical Marijuana Advisory Board approved a process for amending the...

California Cannabis Lab Director Caught Faking Pesticide Tests

As the California cannabis industry prepared for a rigorous, state-mandated testing regime that took effect on July 1, the laboratory director at Sequoia Analytical Labs in Sacramento allegedly went rogue. According to officials with Sequoia and California’s Bureau of Cannabis...

CBD beverage maker eyes global expansion via $85M purchase of Utah company

A Denver company that makes CBD beverages has agreed to acquire a Utah beverage company to increase its distribution might, especially in Asia. New Age Beverages Corp. (Nasdaq: NBEV) announced Monday that it will acquire privately held Morinda Holdings of Provo,...

Showing Up For Legal Cannabis in the Bay State

In November, Massachusetts became the first state on the eastern half of the United States to open adult-use dispensaries. Cultivate Holdings in Leicester and New England Treatment Access (NETA) in Northampton opened their doors on Nov. 20. The Bay State’s...

Pot stock soars on possible tobacco deal

Canadian cannabis company Cronos Group surged Monday after Reuters reported Altria may want to buy the company. The stock was up nearly 30% at one point before it was briefly halted for trading midday Monday. Shares were still up...

New Mexico finalizes hemp rules in time for 2019 crop

New Mexico authorities have finalized hemp rules in time for farmers to produce the state’s first legal harvest in 2019.The regulations proposed by the New Mexico Department of Agriculture were approved late last week. New Mexico will set different hemp...

Utah Legislature Plans Vote on Medical Marijuana Compromise

In Utah, lawmakers are expected to meet today to vote on a new set of medical cannabis laws. If new laws are put into place today, they will replace the medical marijuana initiative passed by voters last month. The...
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Cannabis Company MedMen Files for Bankruptcy

Creditors of cannabis giant MedMen Enterprises are gearing up for a critical meeting in the coming weeks, as the...
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