Industry Headlines: Page 42

Thailand to Reverse Cannabis Decriminalization With Ban on Adult Use

Health Minister Chonlanan Srikaew recommended a draft bill that would maintain the country’s medical cannabis law but ban adult use to crack down on a largely unregulated market.

Poll Reveals Roughly 8 in 10 North Carolinians Support Medical Cannabis Legislation

A Meredith Poll shows that 78% support the passage of a bill to legalize medical cannabis in the state.

Blüm Holdings to Acquire 3 Dispensaries in Northern California, Including Cookies Location

The company executed a binding letter of intent to add $14 million of retail revenue assets to its portfolio.

New York Legislation Aims to Provide Medical Cannabis Reciprocity

In addition to allowing out-of-state patients to shop at New York’s medical dispensaries, Sen. Jeremy Cooney’s bill would allow patients to access prerolls.

Colorado Cannabis Regulators Move on New Framework Around Intoxicating Cannabinoids

The state’s Marijuana Enforcement Division will hold two public stakeholder meetings to help inform a report it must send to the General Assembly.

Tennessee Lawmakers Push for Nonbinding Cannabis Questions on 2024 Ballot

The legislation would allow voters to weigh in on three questions related to cannabis legalization this November.

Arizona Company Using Social Equity Licenses as ‘Placeholders’ for Forthcoming Dispensaries

Guadalupe-based Mint Cannabis acquired control of four retail licenses and used them to put four dispensaries inside a single business complex to meet a state deadline while the company works on building out permanent locations.

Arkansas Advocates Resubmit Ballot Initiative to Expand Medical Cannabis Access

Attorney General Tim Griffin last month rejected language for the proposal, which would also legalize adult-use cannabis should it be legalized at the federal level.

Green Thumb Industries Publishes Second Annual Social Impact Report

Green Thumb’s second annual Social Impact Report documents and highlights the progress of its “Growing for Good” program across four key pillars: Community Engagement, Inclusion & Belonging, Restorative Justice and Environmental Stewardship.

Aurora Cannabis Acquires MedReleaf Australia

MedReleaf Australia holds the No. 2 position in medical cannabis within the rapidly growing ~AUD$400 million Australian market.

Hawaii Lawmakers File 3 Adult-Use Cannabis Legalization Proposals

A pair of companion bills in the House and Senate stem from Attorney General Anne Lopez’s legalization proposal, while separate measures aim to decriminalize cannabis possession and put the issue before voters.

Percent of Americans Smoking Cannabis Doubles in Past Decade

More U.S. adults reported smoking cannabis than cigarettes in 2023, the second straight year of this trend.

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