GOP Senator Backs Marijuana Banking Bill, But Doubts Democratic Leadership Will Advance It

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June 20, 2023

“Under current federal law, banks and credit unions are not allowed to bank for legal cannabis businesses or businesses that provide services to …“Under current federal law, banks and credit unions are not allowed to bank for legal cannabis businesses or businesses that provide services to … Read More

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Business Daily News Hits

Bat Poop Fatalities, Farm Bill Extension Lead CBT’s Top Stories in December

December 26, 2024

Daily News Hits

Bat Poop Fatalities, Farm Bill Extension Lead CBT’s Top Stories in December

December 26, 2024

Daily News Hits

Bat Poop Fatalities, Farm Bill Extension Lead CBT’s Top Stories in December

December 26, 2024

DC dispensary shut down; cops seize 60 pounds of weed, edibles
by FOX 5 DC on December 24, 2024
The Alcoholic Beverage and Cannabis Administration, with support from the Metropolitan Police Department, shut down an illegal cannabis business in Northwest D.C. on Monday, citing public health and safety concerns.
Pre-rolled cannabis could be coming to Ohio dispensaries
by Sydney Dawes on December 24, 2024
Cannabis pre-rolls could be permitted in Ohio under a proposed set of changes to the state’s adult-use marijuana program.
What we know about Alexandria’s medical marijuana dispensary
by Haley Parnell on December 23, 2024
Alexandria prepares for its approved dispensary, with regulations in place for medical cannabis businesses. Zoning regulations and distance requirements set.
Kaleafa Cannabis Weed Dispensary Tigard Showcases Leading Cannabis Brands
by Kaleafa Cannabis Weed Dispensary Tigard on December 22, 2024
Featuring top products from leading brands, providing Tigard with a diverse selection of premium cannabis.
The Township of Parsippany-Troy Hills Advances Cannabis Regulation with New Ordinance
by TAPinto on December 21, 2024
PARSIPPANY, NJ - The Council of Parsippany-Troy Hills took a major step in regulating its local cannabis industry by adopting Ordinance No. 2024:21. On Tuesday, December 17th, the Council voted...
Dispensaries follow many steps to keep licenses
by Skyler Hammons TDP Special Writer on December 20, 2024
Medical marijuana dispensaries, including those in Cherokee County, must jump through several hoops through to ensure state laws are followed properly.
Weed 101: Northeast Ohio dispensaries offer guidance to first timers
by Douglas J. Guth on December 20, 2024
Cannabis dispensaries are eager to welcome new customers post-legalization, but education comes first, say Northeast Ohio marijuana entrepreneurs and educators.
Cannabis company closing Vt. operations following bankruptcy
by Ike Bendavid on December 19, 2024
Burlington’s first weed dispensary plans to close its doors -- and with it -- part of Vermont’s medical marijuana market.
7 Best Marijuana Stocks to Buy in 2025
by Matt Whittaker,Jordan Schultz on December 19, 2024
On the campaign trail, President-elect Donald Trump supported a recreational marijuana ballot initiative in Florida and said he supports reforming banking laws for state-legal companies and rescheduling the drug federally. But marijuana investors have learned to be wary of federal reform. They've ...
A year in weed: Staten Island welcomes 6 new shops in 2024
by Jillian Delaney | jdelaney@siadvance.com on December 19, 2024
The amount of shops grew like a weed, too — pun intended.
The Best Tips If You Are Giving Marijuana As A Gift
by Anthony Washington on December 18, 2024
The Fresh Toast - Here are the best tipis you re giving marijuana as a gift - a surprising number plan to put it under the tree!
Somerville OKs plans for first recreational weed shop. Here's where
by Mike Deak on December 18, 2024
Root 22 Dispensary's plans to convert the Sunoco gas station at the intersection received preliminary approval from the borough Planning Board.
Petaluma picks 3 marijuana dispensaries to operate in town. Here they are
by JENNIFER SAWHNEY on December 18, 2024
Petaluma picks 3 marijuana dispensaries to operate in town. Here they are
Medical marijuana office opens in Louisville to help Kentuckians navigate medical cannabis
by Molly Jett on December 17, 2024
Kentucky became the 38th state to legalize medical marijuana last year, but there are steps patients need to take before getting it.
Kentucky awards 12 more medical marijuana dispensary licenses
by Margaret Jackson on December 17, 2024
Kentucky awarded 12 more medical marijuana dispensary licenses through a second lottery, bringing to 48 the number of licensed MMJ sellers.
Lottery selects final round of medical marijuana dispensaries
by Mason Brighton on December 17, 2024
The final 12 were for Louisville, Lexington, and the surrounding counties.
Kentucky Officials Award More Medical Marijuana Dispensary Licenses By Lottery
by Marijuana Moment on December 17, 2024
“Our hope is that, certainly, there will be additional conditions added later in the future, whereby other Kentuckians will have access to treat chronic or difficult conditions.” By Sarah Ladd, Kentucky Lantern Kentucky awarded 12 additional medical cannabis dispensary licenses through a final drawing held Monday at the Kentucky Lottery Corporation in Louisville. Sam Flynn,
Louisville, Lexington medical marijuana dispensary licenses awarded
by Alex Suckow on December 17, 2024
Monday afternoon, we'll find out which companies will be awarded medical marijuana dispensary licenses in Louisville.
Lottery drawing determines Kentucky businesses selected as medical cannabis dispensaries
by WDRB on December 16, 2024
The Kentucky Office of Medical Cannabis held its second medical marijuana dispensary lottery at Kentucky Lottery Headquarters near downtown Louisville.
In final drawing, Kentucky awards more medical marijuana licenses
by Sarah Ladd on December 16, 2024
Kentucky awarded 12 additional medical cannabis dispensary licenses through a final drawing held Monday at the Kentucky Lottery Corporation in Louisville. Sam Flynn, executive director of the Kentucky Office of Medical Cannabis, said there were 4,075 applications for dispensary licenses. In late November, the state awarded its first 36 medical cannabis dispensary licenses. Previous lottery

Bat Poop Fatalities, Farm Bill Extension Lead CBT’s Top Stories in December
on December 26, 2024 at 11:01 am
Illinois legislation to regulate hemp products, the DEA’s subpoena blunder and Minnesota’s unknown launch were among the most-read articles this month.
MariMed Commences Wholesale Operations in Missouri
on December 23, 2024 at 5:05 pm
This latest expansion increases MariMed’s revenue-generating operations to six states.
How Much Does an Ounce of Cannabis Flower Cost Entering 2025?
on December 23, 2024 at 10:22 am
Depending on location and market maturity, some state dispensaries charge more than quadruple the price of others on average.
RIP: Cannabis companies, big and small, collapsed in 2024
by John Schroyer on December 23, 2024 at 5:29 am
Several former standard bearers of the U.S. cannabis industry flamed out in spectacular fashion in 2024. The post RIP: Cannabis companies, big and small, collapsed in 2024 appeared first on Green Market Report.
Report: Legal cannabis brands find their footing in New York
by Adam Jackson on December 20, 2024 at 5:05 am
A market surge has created an unusually concentrated market where local brands are thriving. The post Report: Legal cannabis brands find their footing in New York appeared first on Green Market Report.
Cannabis-related banking requires cannabis expertise
by Community Choice Credit Union on December 20, 2024 at 4:00 am
The Cannabis Related Business Team at Community Choice Credit Union is ready to light up your financial strategy. The post Cannabis-related banking requires cannabis expertise appeared first on Green Market Report.
The Daily Hit: December 19, 2024
by Staff on December 19, 2024 at 11:05 pm
News from: US Farm Bill, Fluent Cannabis, Massachusetts and more. The post The Daily Hit: December 19, 2024 appeared first on Green Market Report.
Cansortium completes merger with RIV Capital, plans to scale up in New York
by John Schroyer on December 19, 2024 at 10:00 pm
Scotts Miracle-Gro, which is a major investor in RIV, also benefits from the deal. The post Cansortium completes merger with RIV Capital, plans to scale up in New York appeared first on Green Market Report.
Massachusetts regulators order single-lab testing to combat cannabis lab shopping
by Adam Jackson on December 19, 2024 at 9:35 pm
The rule change follows growing evidence of inconsistent testing practices in the state's $7 billion cannabis industry. The post Massachusetts regulators order single-lab testing to combat cannabis lab shopping appeared first on Green Market Report.
FLUENT Completes Acquisition of RIV Capital, Adding New York Operations to Footprint
on December 19, 2024 at 6:56 pm
The all-stock transaction accelerates FLUENT’s entry into one of the fast-growing cannabis markets in the world.
Minnesota’s Top Cannabis Magnate Won’t Entertain Adult-Use Sales Launch Date
on December 19, 2024 at 5:47 pm
Office of Cannabis Management head Charlene Briner said the state’s regulators are ‘not going to anticipate’ a specific date for dispensary sales to commence.
Farm Bill extension leaves hemp industry rules intact for now
by Adam Jackson on December 19, 2024 at 4:59 pm
The farm bill extension would run through March 2025. The post Farm Bill extension leaves hemp industry rules intact for now appeared first on Green Market Report.
Organigram eyes global cannabis growth after Motif deal
by Adam Jackson on December 19, 2024 at 5:08 am
The company currently holds the top spot in Canada's cannabis market, but its leaders have their sights set on bigger prizes overseas. The post Organigram eyes global cannabis growth after Motif deal appeared first on Green Market Report.
The Daily Hit: December 18, 2024
by Staff on December 18, 2024 at 11:29 pm
News from: Weedmaps, Vireo Health, Michigan, Organigram and more. The post The Daily Hit: December 18, 2024 appeared first on Green Market Report.
Vireo nabs $75M through 120M new shares, goes on acquisition spree
by John Schroyer on December 18, 2024 at 11:19 pm
If all four acquisitions close, the deal will transform Vireo by more than doubling its marijuana industry footprint. The post Vireo nabs $75M through 120M new shares, goes on acquisition spree appeared first on Green Market Report.
Farm Bill Gets Another 1-Year Delay, Leaving Hemp, THCA Untouched—For Now
on December 18, 2024 at 6:18 pm
Congressional leaders in Washington agreed to invest $10 billion in economic disaster assistance for agriculture in their continuing resolution.
Planet 13 Opens 29th Florida Dispensary in Gulf Breeze
on December 18, 2024 at 1:26 pm
The new medical cannabis retail location in the Pensacola metropolitan area is the company’s 33rd store nationwide.
Scorecards Highlight Gaps in California Local Cannabis Policies Amid Rising Public Health Concerns
on December 18, 2024 at 12:03 pm
California cities and counties are being urged to step up for public health and social equity.
California Releases New List of Acceptable Pesticides for Use on Cannabis
on December 18, 2024 at 9:40 am
The state’s Department of Pesticide Regulation released the resource for cannabis cultivators to easily identify 100 legal pesticide products.
Tennessee Authorities Forced to Pay $735,000 for Illegal Hemp Seizure
on December 18, 2024 at 7:05 am
Police in Spring Hill seized the hemp products while under the notion that hemp and cannabis were ‘the same damn thing,’ according to the lawsuit.
Does Medical Cannabis Have Physical, Mental Health Risks? Rutgers Health Kicks Off Study
on December 17, 2024 at 6:31 pm
Rutgers Health researchers will emphasize cannabis use disorder, which involves tolerance and dependence, in the five-year, federally funded study.
Michigan Dispensaries Break $3 Billion Annual Sales Record, 103K Pounds Monthly Flower Record
on December 17, 2024 at 5:35 pm
The records come as the state’s average retail price per ounce dropped to another all-time low in November.
Judge Calls DEA Subpoena Request ‘Blunder,’ Rejects 3 of 4 for Cannabis Rescheduling Hearing
on December 17, 2024 at 1:58 pm
Administrative Law Judge John Mulrooney points out the DEA’s error yet provides the agency another shot at subpoenaing three FDA officials.
Agrify Corp. Closes on Acquisition of Señorita
on December 16, 2024 at 5:11 pm
This acquisition of hemp-derived assets from Double or Nothing LLC, the owner Señorita beverages, was done in exchange for 530,000 Agrify shares.
Cannabis Bioscience Fights to Include Longtime Patient as Witness in DEA Rescheduling Hearing
on December 16, 2024 at 4:46 pm
As a designated participant, the company filed a petition to allow testimony from Alexis Bortell, who was diagnosed with intractable epilepsy as a child.

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Second round of selectees receive medical cannabis dispensary licenses
by Staff Report on December 26, 2024
Gov. Andy Beshear recently announced the results of the second medical cannabis dispensary license lottery held at the Kentucky Lottery Corporation. Twelve applicants were selected through a random number generator.
New year, new rules: CT limits access to some hemp, cannabis products
by Ebong Udoma on December 26, 2024
Stricter restrictions on the sale of some cannabis products are one of several new laws that take effect in Connecticut in the new year.
Man charged on suspicion of operating illegal cannabis dispensary in Bakersfield
by SANGMIN KIM skim@bakersfield.com on December 26, 2024
A search warrant recently made public in Kern County Superior Court disclosed details related to a man charged on suspicion of running an illegal cannabis dispensary in the Bakersfield area.
ED cannabis dispensary opening reset for Saturday
by Telegraph Herald on December 26, 2024
EAST DUBUQUE, Ill. — Due to a one-day delay, a new cannabis dispensary now will open this weekend in East Dubuque.
Will Ohio marijuana prices come down in 2025?
by Tino Bovenzi on December 26, 2024
It’s only been legally sold since August, but many customers are growing frustrated with price points for products because one neighboring state is much cheaper for similar offerings.
A Look at This Year's Progress in the Marijuana Movement
by JM Pedini, NORML Development Director on December 26, 2024
Read the full report from NORML
Authorities report largest pot bust in San Bernardino County history
by Staff on December 26, 2024
San Bernardino County authorities found the record quantity of illegal cannabis at an Oak Hills residential property.
Pipestone adopts cannabis ordinance
by Kyle Kuphal on December 26, 2024
Pipestone City Council members during a special Dec. 20 meeting approved an ordinance amending and adding a new section of city code regarding the regulation of

GOP Senator Backs Marijuana Banking Bill, But Doubts Democratic Leadership Will Advance It

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