Industry Headlines: Page 72

Settlement Allows New York Regulators to Issue Dispensary Licenses in Area Previously Blocked by Injunction

A federal lawsuit had barred the Cannabis Control Board from awarding cannabis retail licenses in the Finger Lakes region.

Ohio Representatives Introduce New Adult-Use Cannabis Legalization Bill

House Bill 168 builds on legislation considered during last year’s legislative session and comes as advocates collect signatures to put a legalization measure on the November ballot.

Proposed Michigan Regulations Would Deny Cannabis Licenses to Businesses That Don’t Pay Their Vendors

The proposed rules will undergo public hearings this summer.

California’s Cannabis Tax Revenue Sinks to 13-Quarter Low; Excise Tax Reporting Shifts

Licensed operators have provided nearly $4.9 billion in total tax revenue to the state since adult-use sales launched in 2018.

Canopy Growth Files Revised Proxy Statement, Modifies Canopy USA Structure to Comply With Nasdaq Requirements

The company is advancing its Canopy USA strategy, designed to accelerate entry into the U.S. cannabis market.

Hemp-Based Food Line Hemprella Now Offered in Lidl Supermarkets in Europe

The company’s line of superfood products are available in 1,300 Lidl supermarkets across Poland and the Netherlands.

Cannabis Legalization One Step Away From Minnesota Governor’s Desk

Democratic Gov. Tim Walz has pledged to sign the legislation, which would make Minnesota the 23rd state to legalize adult-use cannabis.

Oregon Cannabis Retailers Must Prove Tax Compliance to Obtain or Renew Licenses

Gov. Tina Kotek has directed regulators to require state tax compliance before approving dispensary licenses, a move that will affect roughly 823 licensees.

Industry Players Spearhead Financial Stability for California Cannabis Coalition to Solve Statewide Debt Crisis

The new alliance backs Assemblymember Phil Ting’s credit law bill, bolstering advocacy efforts across the state.

First Medical Cannabis License Issued in Costa Rica

Azul Wellness S.A. will open an 800-square-foot medical cannabis cultivation and processing greenhouse in Guanacaste.

Oklahoma Extends Ban on New Medical Cannabis Businesses Until 2026

The state’s ban on issuing new medical cannabis licenses was extended to Aug. 1, 2026, two years after the initial expiration date.

New Hampshire Senate Rejects Adult-Use Cannabis Legalization Bill

Gov. Chris Sununu has since announced his support for adult-use sales that mirror New Hampshire’s liquor sales.

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