From Our Writers

Maryland’s House Judiciary Committee yesterday considered legislation that would legalize adult-use cannabis, establish sweeping social equity provisions for the industry, and release prisoners currently serving time for cannabis crimes.

Eaze’s former CEO Jim Patterson pleaded guilty to one count of conspiracy to commit bank fraud. Two co-conspirators in the case are scheduled for a federal trial on March 1.

Lawmakers in the North Dakota House of Representatives yesterday advanced a bill that would legalize cannabis for adult use.

Public schools in Peoria County, Illinois are getting just over $858,000 in cannabis-derived tax revenue from the state.

A preliminary CBG study found that the cannabinoid showed effectiveness at impairing the progression of glioblastoma, which is considered the most aggressive of primary brain tumors.

Organizers behind South Dakota’s highly successful medical cannabis legalization initiative are now seeking to compromise with state lawmakers who want to delay the program for at least a year.

Merrick Garland, President Biden’s pick for the new U.S. Attorney General, signaled a likely shift in federal law enforcement’s approach to state-legal cannabis markets.

Florida’s medical cannabis marketplace generated an estimated $1.3 billion in sales last year, ranking third in the country for 2020 cannabis sales.

In new amendments to his adult-use cannabis proposal, New York Gov. Andrew Cuomo is calling for a $100 million Cannabis Social Equity Fund and for establishing cannabis delivery in the state.

New social equity legislation in Massachusetts includes language establishing cannabis business loans, loan forgiveness, and more.

Cannabis company Parallel has entered into an acquisition agreement with Ceres Acquisition Corp that would see the combined company go public.

Tennessee lawmakers are considering legislation for a new medical cannabis commission that would analyze appropriate steps for enacting cannabis reforms in the state.

New Jersey Gov. Phil Murphy, months after the state voted to legalize, has finally accepted and signed into law the legislature’s cannabis legalization language.

Montana state Rep. Bill Mercer (R) has proposed delaying the state’s voter-approved cannabis legalization initiative until 2023, saying the voters’ decision, “doesn’t make any sense.”

CBD Industries LLC — which was formally registered as cbdMD and still trades under that name — is suing Majik Medicine for infringement. Notably, Majik Medicine holds a trademark from 2017 for the “CBD MD” moniker, which cbdMD argues was erroneously awarded.

Former NBA player and coach Isiah Thomas has invested $3 million into One World Pharma, a licensed hemp and cannabis ingredient producer in Colombia.

The U.S. Tax Court ruled that California-based San Jose Wellness, a subsidiary of Harborside, is liable for $4.2 million in taxes under federal law.

New Jersey regulators can resume their review of medical cannabis license applications under a recent appellate court ruling. The licensing process has been delayed for more than a year due to lawsuits.

For the first time ever, a proposal for legalizing adult-use cannabis has passed through a legislative committee in Minnesota.

Multiple lawmakers pushed back against disproven, anti-cannabis rhetoric espoused during a recent meeting of the Florida House Professions & Public Health Subcommittee.

The former CEO of Eaze is expected to plead guilty to charges in connection to a case against two businessmen accused of tricking banks into processing $100 million in illegal debit/credit card payments.

The Budz Lounge in Wagoner, Oklahoma opened its doors as a warming station and shelter for the town’s homeless population, who had nowhere else to turn amid a dangerous winter storm.

The Chief Marketing Officer for British American Tobacco, the world’s second-largest tobacco company, said CBD is “an exciting growth area” for the company’s future.

Chicago-based Verano Holdings Corp. is now trading on the Canadian Securities Exchange following its reverse takeover of Majesta Minerals Inc. on Wednesday.