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A new poll shows that voters in Washington, D.C., strongly support the legalization of marijuana and oppose a crackdown on the "gift" market that has emerged in the absence of regulated sales.
Multinational tobacco giant British American Tobacco (BAT) announced Monday that it has acquired a non-controlling minority stake in German cannabis company Sanity Group for an undisclosed amount.
The Tallahassee-based multi-state operator Trulieve accounts for a quarter of the state's 475 medical marijuana dispensaries. Florida's medical marijuana program has been growing steadily since opening in 2016 and now has nearly 800,000 patients.
Aurora lost C$618.7 million ($461 million) in the fourth quarter ended June 30, 2022, bringing its loss for the fiscal year to C$1.7 billion, but the Alberta-based cannabis producer said it is on track to turn a profit next year due to strong growth in the European medical market.
According to the latest quarterly review published by S&P Dow Jones Indices, Edmonton, Alberta-based Aurora Cannabis has been removed from the S&P/TSX Composite Index.
Under a new state law, California cannabis businesses will be able to do business with other markets that allow medical and recreational marijuana. On Sunday, Gov. Gavin Newsom signed Senate Bill 1326 to create an interstate trade agreement.
Bipartisan members of Congress recently sent a blistering letter to the head of the Food and Drug Administration (FDA) complaining about the agency's response to their request to allow and regulate industrial hemp-derived CBD as a food additive.
The state Cannabis Control Board granted retail recreational marijuana licenses to Mountain Girl Cannabis in Rutland and Flora Cannabis in Middlebury, and allowed Ceres Med in South Burlington to transition from medical use to adult-use marijuana sales, according to the VT Digger.
A bill introduced Wednesday in the U.S. House of Representatives would allow small cannabis growers and producers to sell directly to customers, which could give them a boost when competing with larger companies.
Most ballot initiatives are focused near densely populated centers in Southern California, particularly near Los Angeles and San Diego. But some stretch northward, including Red Bluff, where voters will decide whether to allow the first recreational marijuana business to open in historically conservative Tehama County.
Germany imported record amounts of cannabis for medical sales and scientific use in the first half of the year, putting the EU's largest market on track to reach or exceed its 2021 total.