DeSantis Battles $149M Cannabis Legalization Push In Florida's Fiercest Amendment Fight Yet Image Cannabis News October 29, 2024 As the Nov. 5 elections loom, the struggle between Floridians who want legal recreational cannabis enshrined in their constitution via Amendment 3 and those who don't has heated up to a near boiling point. With the state’s... Continue Reading →

Global Psychedelic Drugs Market Expected To Reach $10.2B By 2028 Amid Growing Mental Health Crises Image Cannabis News October 29, 2024 The global psychedelic drugs market is set for rapid expansion, with projections forecasting growth from $4.88 billion in 2023 to $10.2 billion by 2028, according to The Business Research Company. With a compound annual... Continue Reading →

New York's Surprise Ban On Cannabis-Caffeine Products Raises Eyebrows In Industry Image Cannabis News October 29, 2024 New York's Office of Cannabis Management (OCM) recently ordered a halt to two caffeine-infused THC products by Hudson Cannabis and its brand 1906. According to the New York Post, the two affected product lines – "Go" and "Genius"... Continue Reading →

A small shop in upstate New York near Rochester has been hit with a $9.5 million fine after the owner ignored a cease-and-desist order to stop selling cannabis without a license. George West, the owner of Jaydega 7.0 in the town of Canandaigua, was slapped with the enormous fine this week by Attorney General Letitia... Continue Reading →

Results of a new yearlong study of prescribed medical marijuana for patients with chronic pain and mental health issues observed an association between cannabis use and symptom improvement, with most side effects limited to dry mouth and sleepiness. At least some of the benefits appeared to fade as the 12-month study period went on, however.... Continue Reading →

A young woman buys cannabis for friends - and finds herself facing up to 20 years in prison. Kim* is a young professional who started using cannabis when family life became messy. Things improved, but her drug habit stuck - and by then, her social circle was primarily made up of people who also used.... Continue Reading →

A cannabis store in BC has been ordered to pay a $1,000 fine for selling cannabis at too low of a price. Cost Cannabis in Revelstoke, BC was ordered to pay a $1,000 fine after it was ruled in a hearing in October that it had violated provincial rules that prevent a retailer from selling... Continue Reading →

The former head of a failed cannabis payment processor claims dozens of businesses are owed money and is urging a federal court not to release remaining funds to just one company seeking repayment. Dominique Villela, who briefly led Left Coast Financial Solutions as interim CEO, said in court documents obtained by Law360 last week that... Continue Reading →

Body and Mind Inc. (CSE: BAMM) (OTC Pink: BMMJ) or BAMM is valiantly fighting for survival as the company announced that it received a credit facility agreement with Bengal Catalyst Fund, LP for up to $2.3 million, which the company said is intended to be fully drawn down. While telling investors about the loan, the... Continue Reading →