Search Results: Virginia

Urgent Action Needed on Pennsylvania’s 220-Page Cannabis Bill

By / June 28, 2024 /

Pennsylvania lawmakers are making a strong push for the legalization of adult-use marijuana, arguing that the move would bring significant economic benefits and align with neighboring states that have already…

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Shelton leaders hope to halt the proposed cannabis dispensary at Crown Point Center

By / June 21, 2024 /

Top Shelton officials expressed strong opposition on Wednesday to what would be the city’s first and only cannabis dispensary. “We don’t want this here,” stated Board of Aldermen President John…

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Critics Argue Maryland’s Cannabis Pardons Fall Short

By / June 19, 2024 /

On Monday, Maryland Governor Wes Moore announced a significant move in criminal justice reform: the pardoning of 175,000 individuals with low-level marijuana convictions. This initiative is one of the most…

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Major Cannabis Player Liquidates Florida Holdings in Restructuring Move

By / June 18, 2024 /

The Cannabist Company has unveiled a series of strategic initiatives aimed at boosting profitability and streamlining operations. These measures include a corporate restructuring expected to save around $10 million annually.…

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Cannabist Co. Exits Florida Market After $19M Loss in 2023

By / June 18, 2024 /

New York-based Cannabist Co. Holdings, formerly known as Columbia Care, has announced plans to divest its entire Florida portfolio, including cultivation facilities, dispensaries, and its vertically integrated license. Strategic Decision…

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Columbia Care Announces Cost-Cutting Measures and Sale of Florida Business

By / June 17, 2024 /

Cannabist Co. Holdings Inc., the parent company of dispensary operator Columbia Care, announced on Monday plans to reduce its workforce and divest holdings in Florida as part of a strategy…

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Cultivating Sustainability: Building the Future with Locally Grown Hemp

By / June 7, 2024 /

Imagine one day having the possibility of building a home on Maui using locally grown hemp. As a construction product, hemp has extraordinary qualities. When mixed with lime, water, and…

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Man Charged Federally for Alleged Cross-Country Cannabis Flights in Cessna

By / June 5, 2024 /

An Oakland pilot has been indicted on federal charges in Richmond, Virginia, for allegedly using his Cessna to transport hundreds of pounds of marijuana across the country. The indictment came…

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U.S. Drug Policy Director Addresses Cannabis Rescheduling Impact

By / May 29, 2024 /

Dr. Rahul Gupta, the Director of the Office of National Drug Policy (ONDCP) and President Joe Biden’s appointed “drug czar,” recently commented on the ongoing discussion of rescheduling cannabis. In…

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House Committee Approves Amendment to Ban Most Hemp-Derived Cannabinoid Products Including Delta-8 THC

By / May 24, 2024 /

A key House committee has amended a large-scale agriculture bill in a way that would impose a general ban on hemp-derived cannabinoids such as delta-8 THC. Industry stakeholders are concerned…

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