Eaze—California’s largest cannabis delivery service, once valued at $700 million and backed by Snoop Dogg—now faces foreclosure. SFGate reports that it follows an ownership battle in court for the once-mighty delivery service that’s dragged on for over a year. WeedWeek reports that the company defaulted on a loan issued by tech investor Jim Clark. Clark,
The U.S. House Committee on Agriculture recently released a 942-page draft of the 2024 Farm Bill, also called the Farm, Food, and National Security Act of 2024, on May 17. Currently the bill is projected to cost $1.5 trillion over a 10-year period. During a Farm Bill hearing on May 23, the committee passed an
A city councilmember in Atlanta has proposed a measure that could open the door for both psilocybin and ketamine treatments. The councilmember, Liliana Bakhtiari, believes that health plans for city workers should include the treatments, which research has shown to be effective in combating mental health disorders such as PTSD. “We should be offering our
The cannabis industry is experiencing rapid growth and transformation, offering lucrative opportunities for entrepreneurs and investors. However, navigating the financial landscape of this industry can be exceptionally challenging due to stringent regulations and the federal status of cannabis in many regions. For cannabis startups, securing a reliable and compliant banking solution is crucial. This article
Martha’s Vineyard is an island off the coast of Massachusetts that’s known for its 23 miles of scenic hills and beaches. It’s a popular destination for summer vacationers enjoying the quaint Victorian architecture, as of July 2021, it had one medical cannabis dispensary (Fine Fettle Dispensary) which until recently was also the only cannabis cultivator
Maybe you’ve been hearing about THCA Snow Caps aka THCA Snowballs, which are slowly becoming a very in-demand product on the hemp market, as more and more customers are gravitating toward high-potency flower products. THCA snowcaps, also known as snowcaps, are named after their frosty appearance, and they are extremely potent, making them great for
In the cannabis industry, many businesses face a unique set of financial challenges that traditional banking systems are ill-equipped to handle. From high transaction fees to stringent regulatory compliance requirements, cannabis enterprises often struggle to find reliable financial services. Advanced financial solutions tailored specifically for the cannabis sector are essential to navigating these complexities. Monarch
New York legislation Assembly Bill 10375 was recently introduced by Assembly Health Committee Chair Amy Paulin and aims to legalize psilocybin service centers. If passed, the A10375 would amend public law “in relation to promoting the health and well-being of the citizens of the state of New York by establishing a comprehensive framework supporting public
Photos over 20 years old show the enigmatic artist known as Banksy at work, painting a 17-ton train car in Malaga, Spain that is now worth nearly $2 million dollars. Little did the artist know that a man who was talking to him took a photo and held on to it all these years. Gloucester
The federal government is finalizing the reclassification of cannabis. The U.S. Department of Justice published a proposed rule in the U.S. Federal Register to reclassify cannabis from Schedule I of the federal Controlled Substances Act (CSA) and move it to Schedule III. For over 50 years, cannabis has been classified as a Schedule I controlled
