The latest Tea on everything Cannabis related!
The Daily Hit is a recap of the top financial news stories for Thursday, October 3, 2024. On the Site Cannabist lender fed up with being ghosted FiSai holds $50 million of The Cannabist’s debt and is getting nervous about the company’s poor performance. Read more here. Green Thumb employees have buyers remorse over becoming... Continue Reading →
This story was republished with permission from Crain’s Detroit Business. In one of the last metro Detroit communities to open its doors to retail marijuana businesses, the process of applying for a license is a war of attrition. Dozens of eager applicants have been lined up day and night for three weeks outside of the Redford... Continue Reading →
The Arkansas Secretary of State’s office must finish counting roughly 18,000 signatures that were submitted in support of a ballot measure to expand the state’s medical marijuana program, the state Supreme Court ordered, a move that could place the question before voters in November. Arkansas Secretary of State John Thurston earlier this week denied the... Continue Reading →
A new report filed with the New York legislature by state cannabis regulators on Oct. 1 paints a picture of a continually growing legal market that has reached nearly $654 million in sales, but which has also apparently left more than 200 “justice-involved” retail license holders in limbo. The wide-ranging report, authored by the Office... Continue Reading →
A new request for proposals from the National Institute on Drug Abuse (NIDA) is looking for contractors capable of rolling joints—lots and lots of joints—for federally approved research purposes. NIDA makes available to researchers “marijuana cigarettes” and certain other controlled substances, the agency says in the new document, pointing out that demand “grew significantly” in... Continue Reading →
“If somebody had an issue with cannabis in the past or other addiction,…they could self-exclude themselves from being able to go into cannabis dispensaries.” By Sophie Nieto-Munoz, New Jersey Monitor People could volunteer to be on a list barring them from entering dispensaries or buying cannabis products under a newly proposed bill in the Legislature.... Continue Reading →
“There’s not something necessarily wrong with you that we need to give this clinical diagnosis to, but it’s really helping people uncover the highest version of themselves.” By Lindsey Toomer, Colorado Newsline Jamie Blackburn, a school counselor from Golden who has taught yoga for almost 20 years and used to teach high school science, was... Continue Reading →
The Arkansas Supreme Court has ordered the secretary of state to continue counting about 18,000 signatures for a medical marijuana expansion ballot initiative regardless of his argument that they’re invalid because of the manner in which the petitions were processed. Secretary of State John Thurston (R) notified the Arkansans for Patient Access (APA) on Monday... Continue Reading →
Top PA GOP senator on marijuana; Trulieve sues FL GOP; Fed official’s cannabis industry concerns; FL legalization ad w/ Trump & Harris; MO psilocybin Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know which cannabis stories are shaping the day. Your support makes Marijuana... Continue Reading →
FiSai US Management, a holder of $50 million in The Cannabist Co.’s (OTC: CBSTF) secured notes due Feb. 2, 2026, formally notified the company’s board and CEO of its concern regarding liquidity management, underperformance and strategic missteps. In addition, FiSai told Green Market Report that it is frustrated with the lack of a comprehensive strategic... Continue Reading →
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