News

  • The Florida Cannabis Market Weakens Further
    by Alan Brochstein, CFA on May 10, 2025 at 7:18 pm

    Each week, Florida’s Office of Medical Marijuana Use (OMMU), which is part of the state’s Department of Health, releases data on the state’s medical cannabis program, including an active patient count, a qualified physician count, new dispensary approvals and an update for each operator. That data includes the number of dispensaries and the unit sales [ . . . ]

  • Massachusetts Lawmakers Consider Bills To Set Tighter Controls On Intoxicating Hemp-Derived Products
    by Marijuana Moment on May 10, 2025 at 4:18 pm

    “What scares me about regulating this is that sometimes we over-regulate and we put more problems on an industry.” By Bhaamati Borkhetaria, CommonWealth Beacon Massachusetts legislators this session are looking to take hemp-derived intoxicating products-which contain the same active ingredient as marijuana but are not regulated the same way-off shelves in gas stations, convenience stores and vape shops across Massachusetts. The hemp products, which are generally edible and intoxicating like gummies or candies, have already been declared illegal in the state by several state agencies . . .

  • ‘Just Say Yes’ with Catherine Hiller: Author Updates 2015 ‘Marijuana Memoir’
    by Steve Bloom on May 10, 2025 at 1:00 pm

    Novelist Catherine Hiller is equally adept at non-fiction as she proved with “Just Say Yes: A Marijuana Memoir” in 2015. A decade later, she’s updated the book for a 10th Anniversary Edition.

  • Is Marijuana’s ‘Entourage Effect’ A Real Thing Or Is It Just Marketing Hype?
    by Marijuana Moment on May 10, 2025 at 12:59 pm

    “The entourage effect remains a hypothesis more often co-opted for marketing than grounded in evidence. That doesn’t mean it’s wrong.” By Jonathan Simone, Brock University via The Conversation In the years since legalization, there has been a tremendous surge in the number of cannabis products available to Canadian consumers, many offering tailored experiences to enhance seemingly any mood or activity. Do you want something calming or uplifting? Are you looking to inspire focus, spark creativity or get a good night’s sleep? Do you prefer full-spectrum extracts or THC isolates? But . . .

  • Week in Weed – May 10, 2025
    by Staff on May 10, 2025 at 11:20 am

    StratCann’s weekly round-up of cannabis industry news for the week ending May 10, 2025. The post Week in Weed – May 10, 2025 appeared first on StratCann.

  • Sunshine And Cannabis Are The Perfect Pairing
    by Tribune Content Agency on May 10, 2025 at 3:00 am

    By Amy Hansen, The Fresh Toast Forget wine and crackers or peanut butter and jelly – we have the perfect pairing to feel great! Sunlight offers numerous health benefits, including the production of vitamin D, boosting mood and sleep and improved bone health. It also plays a role in regulating blood pressure and may even help with inflammation and some skin conditions. But the golden rays and cannabis also complement each other in multiple positive ways, from cultivation benefits to enhancing the cannabis experience itself. Sunshine and cannabis are the perfect pairing. Exposure to . . .

  • Residents of Turkish town get engulfed with intoxicating cloud of cannabis smoke
    by Rowan Dunne on May 10, 2025 at 1:06 am

    Unsuspecting citizens of a small town in Turkey got involuntarily stoned last month after local police got the bright idea to burn 20 tons of seized illicit cannabis in the centre of Lice, Diyarbakir province. The incident occurred on Apr. 18 and started to attract media attention this week. The massive quantity of chronic, estimated to be valued at about US$261 million, was collected by Turkish law enforcement throughout 2023 and last year. Several locals in the town of approximately 25,000 felt dizzy, nauseous and even claim to have experienced hallucinations as a result of the marijuana . . .

  • Marijuana MSO Canopy Growth hit with class-action lawsuit
    by Margaret Jackson on May 9, 2025 at 8:26 pm

    Investors in Canopy Growth Corp. have filed a class-action lawsuit against the company to recover damages caused by its alleged violations of federal securities laws. Marijuana MSO Canopy Growth hit with class-action lawsuit is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

  • Trulieve marijuana cultivation workers in Arizona make labor history
    by Chris Roberts on May 9, 2025 at 8:05 pm

    Workers at an infamously smelly Trulieve Cannabis Corp. cultivation facility in Phoenix became the first agricultural-sector employees to sign a union contract in Arizona in 25 years on Wednesday. Trulieve marijuana cultivation workers in Arizona make labor history is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

  • New York Governor Signs Budget After Lawmakers Remove Her Plan To Let Police Use Marijuana Odor Against Drivers
    by Ben Adlin on May 9, 2025 at 7:13 pm

    The state budget bill signed into law by New York Gov. Kathy Hochul (D) on Friday notably does not include a controversial marijuana provision the governor proposed earlier this year that would have allowed police to use the smell of marijuana as probable cause that a driver is impaired. Amendments made in the legislature this week removed the provision, which a coalition of 60 reform groups had argued in a letter to Hochul and top lawmakers would “repeat some of the worst harms of the War on Drugs” and allow law enforcement to “restart unconstitutional racial profiling of drivers.” . . .

  • Slovenian Parliament Introduces Historic Medical Cannabis Measure
    by Johnny Green on May 9, 2025 at 6:34 pm

    Less than one year after voters in Slovenia overwhelmingly approved a medical cannabis referendum question as part of the 2024 European parliamentary election (66.7%), lawmakers in the European country have introduced a medical cannabis modernization measure. If approved, Slovenia would become home to the most progressive medical cannabis industry model in Europe. The measure, which was formally introduced in mid-April, would dramatically overhaul Slovenia’s cannabis policies governing medical and scientific use. While technically legal in Slovenia, safe access to medical cannabis is . . .

  • High Stakes, Higher Standards
    by Cannabis & Tech Today on May 9, 2025 at 5:51 pm

    Running a cannabis business is not for the faint of heart. Strict federal regulations, tax code hurdles, and banking limitations make financial management a high-stakes game. That’s where High Times Accounting steps in. Based in Massachusetts, the firm specializes in helping cannabis operators navigate the industry’s unique financial challenges-adhering to compliance regulations while maximizing profitability. “We quickly realized that many cannabis companies weren’t managing their accounting properly, especially with Section 280E and sales tax audits,” said Jaime Lynn Soares, . . .

  • MediPharm responds to Apollo accusations
    by Sarah Clark on May 9, 2025 at 5:45 pm

    MediPharm Labs Corp. has responded to a dissident proxy circular filed on May 7, 2025, by Apollo Technology Capital Corporation, outlining Apollo’s intention to nominate… The post MediPharm responds to Apollo accusations appeared first on StratCann.

  • Trump’s VA Secretary Meets With Psychedelic Therapy Advocate To Discuss Expanding Access For Military Veterans
    by Kyle Jaeger on May 9, 2025 at 3:57 pm

    A military veteran who’s become an advocate for psilocybin access met with U.S. Department of Veterans Affairs (VA) staff, and the secretary himself, on Wednesday to discuss the therapeutic potential of psychedelic medicine for the veteran community. As VA Secretary Doug Collins continues to promote psychedelics as a possible alternative treatment option for those suffering from serious mental health conditions such as post-traumatic stress disorder (PTSD), Matthew “Whiz” Buckley-founder of the No Fallen Heroes Foundation-was invited to VA headquarters to share his perspective. . . .

  • Wisconsin Cannabis Legalization Hopes Fade as GOP Lawmakers ‘Gut’ Governor’s Budget
    by NULL on May 9, 2025 at 3:25 pm

    Democratic Gov. Tony Evers blasted Republican lawmakers for stripping hundreds of his budget proposals.

  • Greenway Moves Toward 6 Annual Crop Rotations, Provides Market Update
    by NULL on May 9, 2025 at 3:16 pm

    The Canadian greenhouse cannabis cultivator applied for new propagation and vegetation spaces at its Leamington, Ontario, facility.

  • Florida Lawmakers Kill Medical Marijuana Expansion Bills, Including One To Let Military Veterans Register For Free
    by Ben Adlin on May 9, 2025 at 2:57 pm

    Several bills to expand Florida’s medical cannabis program have stalled out for the year, including a measure to exempt military veterans from patient ID card registration fees that was passed unanimously by the House of Representatives. HB 555, from Rep. Alex Andrade (R), was one of a handful of marijuana-related measures withdrawn in recent days. Unlike the other bills, however, it had passed out of the chamber where it was filed, with House members voting 110–0 in favor. Nonetheless, the Senate indefinitely postponed it and withdrew it from consideration without a vote. The Senate . . .

  • Nebraska AG Pushing Lawmakers to Reject Medical Cannabis Implementation Bill
    by Graham Abbott on May 9, 2025 at 2:44 pm

    Nebraska Attorney General Mike Hilgers (R) this week called on state lawmakers to reject legislation to implement medical cannabis regulations, as was approved by over two-thirds of voters last year, according to the Nebraska Examiner. At a press conference on Wednesday, while flanked by multiple sheriffs, Hilger claimed that regulating the medical cannabis industry would “supercharge the black market” and fuel recreational cannabis reforms. “This is not about the will of the people. This is going to make Nebraska less safe, more dangerous. It’s going to handcuff the good men and women . . .

  • California Governor Touts Results of Intoxicating Hemp Ban
    by Graham Abbott on May 9, 2025 at 2:43 pm

    The Office of California Gov. Gavin Newsom (D) announced on Thursday that the state’s ban on intoxicating hemp products has seen 99.7% compliance among the more than 11,000 businesses visited by Department of Alcoholic Beverage Control (ABC) agents. The governor introduced the emergency regulations last September, and lawmakers quickly approved the plan, which took immediate effect. Officials said at the time that the proposal – which bans hemp-based foods, beverages, and dietary products that contain any amount of THC or other intoxicating cannabinoids – would help prevent children in . . .

  • Florida: Governor Signs Law Making It Harder to Place Ballot Initiatives Before Voters
    by NORML on May 9, 2025 at 2:30 pm

    Lawmakers in other states, including Idaho and Texas, are also seeking to make it more difficult for voters to decide on marijuana-related ballot initiatives. The post Florida: Governor Signs Law Making It Harder to Place Ballot Initiatives Before Voters appeared first on NORML.

  • Pennsylvania GOP Senator Says Marijuana Legalization Can Pass In Divided Legislature As Reform Bill Advances Through House
    by Kyle Jaeger on May 9, 2025 at 1:02 pm

    A GOP Pennsylvania senator is backing the push to legalize marijuana in the commonwealth at a critical inflection point as a reform proposal has moved through the House and now heads to the Senate. Sen. Gene Yaw (R) said in an interview published on Monday by The Standard-Journal that, historically, prohibition “has not turned out well,” pointing to the country’s experience with alcohol criminalization. “It makes sense that we regulate it the way we have done with alcohol and gambling, and tax it and do the best that we can in that regard,” he said of cannabis. “For us to bury our . . .

  • TerrAscend Reports $71M in Q1 Revenue
    by NULL on May 9, 2025 at 12:01 pm

    The company also reported $8 million in net cash from operations and $5.5 million in free cash flow.

  • Mother’s Day Ganja Gift Guide: Unique Ideas for the Cannabis-Loving Mom
    by Matt Rozo on May 9, 2025 at 12:00 pm

    Mother’s Day is an opportunity to show appreciation for the incredible women who raise and nurture us. For those who share a love for cannabis, finding the perfect gift can be an exciting challenge. A thoughtful cannabis-infused gift is a unique way to pamper mom and elevate her relaxation routine. Whether she’s a seasoned enthusiast or just starting to explore the world of cannabis, this guide will help you find the perfect Mother’s Day gift that blends luxury with wellness. 1. Cannabis-Infused Skincare Products For moms who love to unwind and take care of their skin, cannabis-infused . . .

  • Trump’s New Surgeon General Pick Had ‘Meaningful Experiences’ With Psychedelics, But Said Marijuana Harms The Ability To ‘Make Good Energy’
    by Kyle Jaeger on May 9, 2025 at 11:51 am

    President Donald Trump’s pick to be the next U.S. surgeon general is a proponent of psychedelic medicine-and she’s been public about her own experience benefiting from psilocybin. But she also evidently believes marijuana is harmful and should be avoided. Casey Means, a doctor and author, has been selected to serve as surgeon general after Trump’s prior pick, Janette Nesheiwat, was withdrawn from consideration. As top officials at the U.S. Department of Health and Human Services (HHS) and the U.S. Department of Veterans Affairs (VA) are working to advance psychedelic therapy, the . . .

  • Australian cannabis industry struggles to gain foothold in flood of imports
    by David Brown on May 9, 2025 at 11:20 am

    A new cannabis industry association in Australia is calling on the federal government to do more to protect the country’s fledgling cannabis industry from a… The post Australian cannabis industry struggles to gain foothold in flood of imports appeared first on StratCann.