Tilray Triples Beverage Portfolio with $85M Anheuser-Busch Deal
NEW YORK – Canadian megacorp Tilray Brands Inc. struck an $85-million cash deal with Budweiser parent company Anheuser-Busch InBev (AB InBev) to purchase eight...
U.S. House Advances Veterans’ Access to Medical Marijuana in Spending Bill
WASHINGTON D.C. – The Republican-controlled U.S. House of Representatives approved an amendment to military spending legislation that would allow Veterans Administration (VA) doctors to...
Republicans Show Their Cards, Cut Cannabis from Defense Bill
WASHINGTON D.C. – Numerous cannabis-related amendments with bipartisan support were stripped from the National Defense Authorization Act (NDAA) by the Republican-led House Rules Committee...
NBA Removes Cannabis from Prohibited Substances List
NEW YORK – The National Basketball Association no longer considers cannabis a prohibited substance, thanks to a clause in the league’s new labor agreement...
Meta Allows CBD Advertising
MENLO PARK, Calif. – Hemp and CBD product manufacturers and sellers are blocked from three fewer advertising channels after Meta Platforms Inc.—parent company of...
New York Takes a Bite Out of Illicit Cannabis Sales
NEW YORK – New York Police Department officers and state tax agents raided several illicit dispensaries in Manhattan this week, following through on Governor...
Feds Signal Delta-8 Edibles Crackdown in New Warnings
SILVER SPRING, Md. – The federal government is cracking down on delta-8 edibles that resemble popular snack foods, according to letters two agencies sent...
Glass House Responds to “Black Marketeer” Allegations with Lawsuit
LOS ANGELES – A dispute between California cannabis competitors has resulted in dueling lawsuits containing extraordinary allegations of black marketeering and reckless disregard for...
DEA Reports More Seizures, Fewer Arrests in 2022
WASHINGTON – Law-enforcement agents seized nearly 5.7 million cultivated cannabis plants in 2022—the highest total since 2011—according to annual data compiled by the U.S....
Trulieve Shutters California, Massachusetts Operations
TALLAHASSEE, Fla. – In a move to “preserve cash and improve financial performance,” Trulieve Cannabis Corp. exited two markets in June. The company closed...
