Former Verano Executive Charged with Securities Fraud for Alleged Insider Trading
Wed / Jan 22nd
A former executive vice president at Chicago-based cannabis company Verano was recently indicted in federal court for insider trading.
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Wed / Jan 22nd
A former executive vice president at Chicago-based cannabis company Verano was recently indicted in federal court for insider trading.
Wed / Jan 22nd
Class action attorneys with Console Associates, P.C. indicated they are investigating the data breach that affected cannabis brand Stiiizy, impacting customer data from four of the company’s dispensaries.
Wed / Jan 22nd
Minnesota officials fined four businesses $10,000 each last year in civil penalties related to illegal cannabis.
Wed / Jan 22nd
Some Kentucky Democrats have introduced bills to put an adult-use cannabis legalization question to voters during the next general election in 2026. The constitutional amendment would legalize cannabis home grows and establish a taxed-and-regulated marketplace.
Wed / Jan 22nd
Missouri cannabis officials have proposed an industry rules update to combat “middleman” business practices by requiring the designated contact for the state’s cannabis microbusinesses to be either the owner or partial owner of the company.
Mon / Jan 20th
Lawmakers in the Virginia Senate Rehabilitation and Social Services Committee have advanced a bill to create a legal framework for adult-use cannabis sales in the state.
Mon / Jan 20th
Officials in Toronto said they will stop cracking down on illegal cannabis shops due to budget and safety concerns.
Mon / Jan 20th
Two cannabis industry groups, the National Cannabis Roundtable and the U.S. Cannabis Council, announced they are combining to form the United States Cannabis Roundtable (USCR), aiming to become “a singular voice” representing the industry.
Fri / Jan 17th
A group of GOP lawmakers in Indiana have proposed a bill to legalize cannabis and regulate its production and sale throughout the state. If approved, Indiana would be the first state to jump from prohibition straight to an adult-use program.
Fri / Jan 17th
Despite falling short of the 60% voter support required to adopt a Constitutional Amendment in Florida, advocates are gearing up for a new cannabis legalization campaign in the Sunshine State, aiming to appear on voter ballots in 2026.
Wed / Jan 15th
A New York Supreme Court Judge has ruled that the New York City Sheriff’s Office and the Office of Cannabis Management (OCM) must stop conducting warrantless raids on unlicensed cannabis shops.
Wed / Jan 15th
Arkansas Gov. Sarah Huckabee Sanders (R) said in a recent address that she plans to use tax revenue generated by the state’s medical cannabis industry to fund free meals in schools around the state.
Wed / Jan 15th
Cannabis workers at three Ayr Wellness retail sites and a delivery depot in Nevada have ratified their first union contract, which includes the implementation of armed security at dispensaries, improved healthcare access, and better scheduling opportunities.
Wed / Jan 15th
Hightimes Holding Corp. chairman Adam Levin has agreed to plead guilty to securities fraud charges involving undisclosed payments to promote the company’s stock. According to the charges, Levin participated in a scheme to pay over $150,000 to an investment newsletter analyst who promoted the stock without disclosing the compensation.
Wed / Jan 15th
The judge who was set to oversee the long-anticipated hearing for testimony for/against the rescheduling of cannabis has postponed the hearing for at least three months amidst new legal challenges brought against the DEA.
Wed / Jan 15th
A man who is an admitted cannabis novice is suing the Arcanna dispensary in Portland, Oregon after he purchased a THC-infused syrup from the shop that landed him in the emergency room after experiencing excessive vomiting and loss of motor control.
Mon / Jan 13th
The Ohio Division of Cannabis Control said the state’s cannabis industry sold more than $242 million worth of products in 2024, including 32,000 pounds of raw plant material and 4 million pounds of manufactured products.
Mon / Jan 13th
California-based cannabis brand Stiiizy said some customer identification information and transaction history from multiple California retail locations has been exposed in a third-party data breach.
Mon / Jan 13th
A group of New York cannabis dispensary owners are suing state regulators, claiming they allowed dispensaries to open too close to one another in violation of state laws.
Mon / Jan 13th
A South Dakota lawmaker is proposing legislation seeking to repeal the state’s medical cannabis program, which was first approved by voters in 2020.
Mon / Jan 13th
Illinois health officials have announced four new additions to the list of qualifying conditions for the state’s medical cannabis program, including endometriosis, ovarian cysts, uterine fibroids, and female orgasmic disorder.
Fri / Jan 10th
The food and grocery delivery technology firm DoorDash has announced that its services now cover the on-demand delivery of hemp-derived THC and CBD products in certain markets.
Fri / Jan 10th
A Florida court of appeals has ruled that due to the growing popularity of legal cannabis and hemp products, the alert of a police K9 that has been trained to detect cannabis is no longer sufficient on its own to justify a vehicle search.
Wed / Jan 8th
The U.S. 5th Circuit Court of Appeals has reaffirmed that the federal prosecution of Patrick Darnell Daniels Jr. for illegally possessing a firearm while having also consumed cannabis was a violation of his Second Amendment rights.
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