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Psilocybin Therapy Pilot Program Bill Introduced in California

A psilocybin treatment bill was recently introduced on June 6 by California Sen. Brian W. Jones and Sen. Josh Becker, which if passed would create a pilot program for psilocybin therapy. Senate Bill 803, also called the Heal Our Heroes Act, was attached as an amendment to an unrelated bill last week. If passed, it

2024-06-13T10:17:27+00:00June 13th, 2024|Cannabis, Feed|Comments Off on Psilocybin Therapy Pilot Program Bill Introduced in California

Florida Governor Launches PAC To Fund Campaign Against Legalizing Weed

Florida Republican Governor Ron DeSantis on Monday announced the establishment of a new political action committee to fund a campaign to defeat a ballot measure to legalize recreational marijuana in the state. Dubbed the Florida Freedom Fund, the new PAC will also raise money to help defeat a separate initiative to protect abortion rights that

2024-06-13T10:17:28+00:00June 13th, 2024|Cannabis, Feed|Comments Off on Florida Governor Launches PAC To Fund Campaign Against Legalizing Weed

New York Cannabis Agency Announces Cultivation Rules, License Updates

The New York Cannabis Control Board (CCB) has officially approved rules that allow adults over 21 to cultivate cannabis at home, as of June 11. Now adults can care for a maximum of six plants, with three immature plants and three mature. Residences with more than one adult can have up to 12 plants (six

2024-06-13T10:17:29+00:00June 13th, 2024|Cannabis, Feed|Comments Off on New York Cannabis Agency Announces Cultivation Rules, License Updates

Understanding the Legal Landscape of Cannabis Banking

As the cannabis industry continues to grow, the issue of banking for marijuana-related businesses (MRBs) has become an increasingly complex legal landscape. Despite the legalization of cannabis in many states, it remains illegal under federal law, which has created significant challenges for MRBs seeking access to banking services. This has led to a patchwork of

2024-06-12T13:08:16+00:00June 12th, 2024|Cannabis, payments, Technology|Comments Off on Understanding the Legal Landscape of Cannabis Banking

Leaders in Dallas, Texas Pursue Cannabis Decriminalization

The city of Dallas, Texas will soon discuss whether or not to add a measure on the November ballot that would decriminalize small amounts of cannabis. Recently in a news release, Dallas Councilmember Chad West announced that the Dallas Freedom Act will be proposed on June 26. “Voters in our city and across the country

2024-06-12T10:16:10+00:00June 12th, 2024|Cannabis, Feed|Comments Off on Leaders in Dallas, Texas Pursue Cannabis Decriminalization

North Dakota Woman Charged with First-Degree Felony Possession for Bong Water

Forty-three-year-old Jessica Beske from Fargo, North Dakota was pulled over by local police while traveling through Minnesota. Now she faces prison time for possessing bong water and other cannabis paraphernalia. According to a report from the Minnesota Informer, Beske was pulled over for speeding on May 8. When officers approached her vehicle, they smelled cannabis

2024-06-12T10:16:10+00:00June 12th, 2024|Cannabis, Feed|Comments Off on North Dakota Woman Charged with First-Degree Felony Possession for Bong Water

Cannabis MSO Green Thumb Seeks Merger with Sam Adams Brewer

The CEO of cannabis multistate operator Green Thumb Industries is pitching a merger between his company and Boston Beer Co., the manufacturer of the Samuel Adams family of brews. Green Thumb CEO Ben Kovler proposed the merger idea in a letter dated June 2 to Boston Beer chairman and founder Jim Koch, saying the move

2024-06-12T10:16:11+00:00June 12th, 2024|Cannabis, Feed|Comments Off on Cannabis MSO Green Thumb Seeks Merger with Sam Adams Brewer

FDA Flags Infused Chocolate Bars, Says They Cause Seizures

Not all edibles hit the same. Diamond Shruumz chocolate bars are infused with hemp-derived CBD and delta-8, but whatever they’re putting in them is making people sick, according to an alert from the U.S. Food and Drug Administration (FDA). The FDA issued an alert on June 7, warning people not to eat the chocolate bars.

2024-06-12T10:16:19+00:00June 12th, 2024|Cannabis, Feed|Comments Off on FDA Flags Infused Chocolate Bars, Says They Cause Seizures

Vermont Gov. Phil Scott Allows Cannabis Bill To Pass Without Signature

On Monday, Vermont Gov. Phil Scott signed several bills related to animal welfare, diversity in courts, and addiction recovery support, and allowed a cannabis bill to pass into law without signature. The bill is designed to improve regulations surrounding cannabis and hemp-derived products. Scott also allowed H.612 to pass into law without his signature. The

2024-06-12T10:16:19+00:00June 12th, 2024|Cannabis, Feed|Comments Off on Vermont Gov. Phil Scott Allows Cannabis Bill To Pass Without Signature

How to Ensure Secure Banking for Your Cannabis Business

The legal cannabis industry, despite its rapid growth and increasing mainstream acceptance, faces significant challenges in securing reliable banking services. Due to the federal classification of cannabis as a Schedule I substance, many financial institutions remain hesitant to work with cannabis-related businesses, fearing potential legal repercussions or regulatory scrutiny. This lack of access to traditional

2024-06-11T15:18:23+00:00June 11th, 2024|Cannabis, payments, Technology|Comments Off on How to Ensure Secure Banking for Your Cannabis Business
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