86% of Employers Plan to Hire More in 2024, but Benefits, DEI Declining
DENVER – Following two years of radical corporate downsizing as consumers returned to pre-COVID spending levels and investment dollars evaporated, the cannabis industry is...
Cannabis Caucus Co-Chair Will Not Support Federal Rescheduling
SACRAMENTO – Rep. Barbara Lee (D) is digging in on her all-or-nothing stance on federal cannabis reform, saying she believes the potential move to...
Idaho Bucks International Trend, Increases Criminal Penalties
BOISE, ID. – In 2022, Idaho arrested an estimated 4,992 individuals for cannabis possession, marking the third consecutive annual increase. This year, if state...
Planet 13 Sues Snoop Dogg’s Casa Verde Capital for $16.5M+
LOS ANGELES – Planet 13, the Las Vegas-based multistate operator known for its wildly creative dispensary designs and marketing spectacles, is suing Snoop Dogg’s...
More States Seek Bans on Synthesized Cannabinoids
PIERRE, S.D. – South Dakota lawmakers are joining a growing chorus of state governments and federal agencies taking action against unregulated cannabinoids synthesized from...
MedMen Crisis Deepens: Leadership Shakeup as Stock Crashes to Zero
LOS ANGELES – MedMen Enterprises Inc., once considered a cannabis unicorn, may be facing the legendary creature’s fate after a dramatic plunge in valuation...
DOJ Asks Federal Court to Dismiss Lawsuit Calling CSA ‘Unconstitutional’
BOSTON – The Department of Justice has asked a federal district court to dismiss a cannabis-industry lawsuit that seeks to bar federal enforcement action...
Illicit Sales Outpace Legal Market by More than 3 to 1
WASHINGTON – Illicit cannabis sales exceeded $74 billion in 2022, outpacing the country’s legal sales of $28 billion by a staggering 164 percent according...
DEA Confirms Rescheduling Review
WASHINGTON – At long last, the notoriously tight-lipped Drug Enforcement Administration confirmed it is reviewing a recommendation that cannabis be moved from Schedule I...
Most California Labs Barred from Testing Flower
SACRAMENTO – Only eighteen of California’s thirty eight licensed testing labs are in compliance with the state’s new standardized cannabinoids testing guidelines, which are...