States are setting up bans and restricting sales in reaction to a booming market for delta-8 THC and other synthetic isomers of CBD, but according to hemp industry advocates, the problem might have been avoided if federal drug regulators hadn’t delayed CBD regulations and enforcement for so long. Closing in on three years since the […]
Marijuana could be coming to Rite Aid, a U.S. pharmacy chain with 2,500 stores in U.S. 17 states. Rite Aid CEO Hayward Donigan said that “everyone is looking at the marijuana business.” “There is complexity to that, but (we’re) certainly keeping an eye on it,” she said at The Wall Street Journal’s Future of Everything […]
Members of the Minnesota House of Representatives approved legislation that includes provisions permitting registered medical cannabis patients to access medical cannabis flower. A bicameral conference committee approved the policy change as part of a broader omnibus bill related to healthcare. House members then approved the report Monday with a vote of 77 to 57. The […]
A Las Vegas-based international CBD wellness company is ramping up operations with distribution agreements and hemp acreage and processing facility purchases in New York. Virtual Medical International Inc., announced Friday that it will acquire Cherry Valley Growers, Inc., a licensed industrial hemp cultivator and processor in Otsego, New York. The purchase is part of a […]
A new study is being published in the scientific journal Addiction that sheds some light on drug pricing after recreational weed becomes legal in some states. Eureka Alert notes that the study is crowdsourced data from Price of Weed and StreetRx that gave them price and quality of the illicit drugs, which can potentially be […]
Denver probiotic and CBD manufacturer HempFusion Wellness Inc. is buying the holdings company that owns the Apothecanna CBD line for up to $25 million in a stock-and-cash deal announced Monday. The deal with APCNA Holdings, also based in Denver, gives HempFusion a CBD brand sold in 1,800 CVS Pharmacies locations. HempFusion will pay $15 million […]
Colorado has banned delta-8 THC from hemp extracts, joining states like Oregon in saying the THC isomers can’t be sold if they come from hemp. The Colorado health department said Friday that “chemically modifying or converting any naturally occurring cannabinoids from industrial hemp is non-compliant with the statutory definition of ‘industrial hemp product.’” The move […]
The Mississippi Supreme Court ruled 6 to 3 in favor of overturning a November 2020 vote legalizing the production and dispensing of medical cannabis to qualified patients. On Election Day, 73 percent of Mississippi voters decided in favor of Initiative 65, which establishes a system of state-licensed dispensaries to engage in the retail dispensing of cannabis and cannabis products […]
A Texas lobbyist and his associate stand accused of scamming hemp businesses by accepting bribes to “get to the front of the list” to win a hemp license in the nation’s second-largest state. Todd Smith, 59, is charged with felony theft and accused of taking $55,000 from would-be hemp producers. If convicted, he could face […]
Welcome to the latest edition of NORML’s Weekly Legislative Roundup! The Mississippi Supreme Court ruled 6 to 3 in favor of overturning a November 2020 vote legalizing the production and dispensing of medical cannabis to qualified patients. The Democratic-controlled Minnesota House of Representatives approved an adult use marijuana legalization bill, sending it to the Republican-majority […]
