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A limited number of medical marijuana patients in North Dakota could be allowed a modest increase in monthly purchase limits under a bill introduced in the state Senate.
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.
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.
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.
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.