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Global pharmaceutical giant Jazz Pharmaceuticals has filed a lawsuit alleging that a series of generic drug companies have infringed on its patent for Epidiolex, a cannabis-derived drug used to treat seizures in Dravet syndrome, tuberous sclerosis and Lennox-Gastaut syndrome.
Lawmakers have introduced an adult-use marijuana legalization bill in Minnesota, and newly empowered Democrats say a friendlier political landscape bodes well for the bill's passage.
Montana marijuana retailers sold $202,947,328 worth of recreational marijuana in 2022, the first year of the state's adult-use program.
Canadian cannabis producer Aurora Cannabis has sold its former Aurora Polaris facility to an unspecified buyer for C$15 million ($11.1 million). aurora announced the closure of its Polaris facility in August 2022, along with a reduction in the company's workforce of about 8 percent.
Florida-based cannabis multi-state operator Trulieve Cannabis closed two commercial loans last December for total proceeds of $90.4 million, including a $71.5 million five-year loan and a 10-year loan worth $18.9 million.
While opponents argue that legalizing marijuana would hurt the workforce, a new study published by the National Bureau of Economic Research (NBER) found that the reform actually increased employment opportunities.
A coalition of Minnesota activists announced Thursday that they have launched the next phase of their marijuana legalization campaign.
With the Food and Drug Administration (FDA) conducting a scientific review of hemp, senior officials at the agency say they are months away from releasing regulatory assessments for industrial hemp-based products such as CBD.
Congressional researchers have released a new report outlining some of the ways stakeholders want to change federal industrial hemp laws to better support the industry through the next farm bill.
Starting next month, Google will no longer be banned from advertising certain industrial hemp and CBD products in parts of the United States.
Similar to Colorado, Michigan, Oregon and Washington, there is so much cannabis on the market in Massachusetts that demand is not keeping up with supply, causing prices for several strains to drop 50 percent since this time last year.