Industry Headlines: Page 39

Is Cannabis in Schedule I or V? HHS Secretary Forgets

U.S. Health Secretary Xavier Becerra couldn’t remember the plant’s classification during a subcommittee hearing on his department’s budget request, during which a dispute over HHS’ rescheduling recommendation arose.

Those Who Think Virginia Governor Will Sign Cannabis Bill ‘Must’ve Been Smoking Something’

Gov. Glenn Youngkin finally came out and gave a concrete answer as to whether his pen will land on an adult-use sales bill.

Pennsylvania Coalition Forms to Support Adult-Use Cannabis Legalization

ResponsiblePA advocates say legalization will put the commonwealth on a level playing field with neighboring states.

Whitney Economics Forecasts US Regulated Cannabis Sales to Top $31.4 Billion in 2024

The industry data and research firm also forecasts U.S. cannabis sales to grow to $67 billion by 2030 and $87 billion by 2035.

Aurora Cannabis Achieves Australia's TGA GMP Certification

The Canadian-based company’s achievement solidifies its leadership in the Australian market and sets a global standard for quality and compliance

New York Governor Launches Probe of State’s Cannabis Regulatory Authority

The investigation will assess the Office of Cannabis Management’s organization and identify areas of improvement for a strategic plan.

Curaleaf Acquisition Marks 1st Step Into Australasian Markets

The company’s deal with Northern Green Canada will also bolster its European flower supply in Germany, Poland and the United Kingdom.

High Tide to Acquire Premium Canadian Cannabis Brand, Queen of Bud for CA$1M

Governor Healey Announces Nation-Leading Effort to Pardon Marijuana Possession Misdemeanor Convictions

The move is the most comprehensive action by a Governor following President Biden’s call for marijuana pardons in the states.

Virginia Governor Never Was Going to Sign Cannabis Sales Bill

Republican Gov. Glenn Youngkin reportedly didn’t have the legislation on the negotiating table “under any circumstance,” a Democrat lawmaker said.

Delta-8, Other Hemp-Derived ‘Intoxicants’ Illegal to Sell in Arizona Without Cannabis License, AG Says

State Attorney General Kris Mayes issued a legal opinion that Arizona law does not allow for smoke shops, convenience stores to sell the products.

Michigan CRA Announces 62 Social Equity Licensees Will Share $1 Million From the 2024 Social Equity Grant Program

Michigan’s Cannabis Regulatory Agency notified the social equity licensees that they were each eligible for an equal share of $16,129 from the grant program.

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