Bayley Greenleaf
Canopy USA, the U.S.-domiciled holding company of Canadian cannabis giant Canopy Growth Corp., has made significant strides in expanding its portfolio with the exercise of options to acquire two prominent…
Read More
Days after the Alaska House of Representatives approved a bill aimed at creating a state task force to explore the licensing and regulation of psychedelic-assisted therapy in anticipation of potential…
Read More
The cannabis industry presents unique challenges for financial institutions due to the federally illegal status of marijuana businesses (MRBs) in many countries. However, with careful risk management strategies in place,…
Read More
A recent judicial ruling in Missouri has paved the way for municipal governments to impose additional taxes on adult-use cannabis sales, allowing them to stack taxes on top of the…
Read More
In a significant move towards promoting social equity in the cannabis industry, Illinois has granted 35 conditional adult-use retail licenses to social equity applicants. Here’s a breakdown of the latest…
Read More
A Massachusetts joint legislative committee is advising the legislature not to pass a psychedelics legalization initiative—but activists are already collecting additional signatures to put the reform before voters on the…
Read More
The unique challenges faced by cannabis companies, particularly those operating in a cash-only environment, elevate the industry’s risk exposure to fraud and theft. With the absence of traditional banking services,…
Read More
Republican Senator Bill Hagerty of Tennessee voiced strong opposition to marijuana legalization during a recent interview, characterizing it as a “gateway drug” and part of “pro-criminal, anti-American policies.” Criticism of…
Read More
The Arkansas Alcoholic Beverage Control Division (ABC) has made history by revoking a medical cannabis dispensary license for the first time. The decision comes in response to alleged violations by…
Read More
House Minority Leader Hakeem Jeffries (D-NY) voices support for the Biden administration’s move to reschedule marijuana. Calls for Legislative Follow-Up Jeffries advocates for congressional action, urging passage of the Senate…
Read More