Kentucky selected 26 businesses Monday to grow and process medical marijuana, as regulators prepare to kick off the state’s cannabis program in January. The businesses were chosen during a drawing at Kentucky Lottery headquarters in Louisville, whittling down nearly 5,000 applications to just over two dozen winners spanning cultivation and processing operations. The state established... Continue Reading →

Is California fighting a losing battle with its unlicensed marijuana market, more than six years after the state supposedly legalized cannabis? It sure seems like it. Just in the 2024 calendar year alone, state officials claim to have seized more than half a billion in illegal marijuana – $353 million by the state Department of... Continue Reading →

The Massachusetts Cannabis Control Commission named David Lakeman, a former commission staffer who’s been working as a cannabis regulator in Illinois the past four years, to be its new executive director during a meeting on Monday, after a months-long search that kicked off in May. Lakeman will take over for Shawn Collins, who left the... Continue Reading →

Flora Growth Corp. (NASDAQ: FLGC) on Wednesday said it signed an agreement with Curaleaf Holdings Inc. (TSX: CURA) to distribute medical cannabis products in Germany, which expanded its market earlier this year. The deal will allow Flora to import Curaleaf’s medical strains through its EU-GMP certified facility, according to a company news release. “We are... Continue Reading →

Australian biotech firm Tryptamine Therapeutics Limited (ASX: TYP) secured A$6 million in new funding through a strategic placement. The placement, priced at A$0.02 per share, was backed by cornerstone investors that included Merchant Biotech Fund and biotech investor Daniel Tillett, who will join the company’s board as a non-executive director, the company said in an... Continue Reading →

With early voting well underway in Florida, the fate of the state’s Amendment 3, which would usher in recreational cannabis sales for adults 21 and older, is being decided. But questions linger about the measure’s timeline and how Gov. Ron DeSantis’ administration will approach what could become the nation’s third-largest cannabis market, if the measure... Continue Reading →

“Amendment 3 isn’t about political parties or red v. blue identities. Supporting the legalization of recreational adult use marijuana is about upholding the principles of individual freedom and liberty that our country was founded upon.” By Mitch Perry, Florida Phoenix Smart & Safe Florida, the group behind the effort to pass the adult use of... Continue Reading →

The Democratic candidate for governor of New Hampshire visited a medical marijuana facility in Peterborough this week, asserting that it’s “past time” for the state to legalize cannabis for adults—a change she said would boost the economy and help support small businesses. “Legalizing recreational cannabis is an important issue to Granite Staters, and it’s past... Continue Reading →