Tag: CBT > News: Page 112

Finance

Viola Closes $13-Million Bridge Round

The Black-owned cannabis MSO received investment from a lead investor.

January 12, 2022

Colorado

Colorado Sets New Record for Marijuana Tax and Fee Revenue in a Single Year

In 2021, Colorado collected over $423 million in revenue from marijuana sales, compared to the previous record of over $387 million in 2020.

January 12, 2022

Adult-Use Legalization Bill

New Governor, Reenactment Clause Could Mean Changes to Virginia’s Adult-Use Cannabis Law

Gov.-elect Glenn Youngkin has said he will not overturn the state’s law on legal possession and home cultivation, but he could request changes to the regulatory framework for business licensing and commercial sales.

January 11, 2022

Legislation and Regulation

Florida Lawmakers Consider Changes to State’s Medical Cannabis Program

House Bill 679 contains technical changes to the constitutional amendment that legalized medical cannabis in 2016.

January 11, 2022

Hemp Research

Oregon State Research Shows Hemp Compounds Prevent Coronavirus From Entering Human Cells

Researchers found that a pair of cannabinoid acids bind to the SARS-CoV-2 spike protein, blocking a critical step in the process the virus uses to infect people.

January 11, 2022

Legislation and Regulation

Ohio Receives Petitions to Add Several New Qualifying Conditions to Medical Cannabis Program

Among the proposed conditions are anxiety, depression and autism, which the board rejected last year.

January 10, 2022

Finance

Arkansas Medical Cannabis Sales Surpass $500 Million

The state’s dispensaries sold more than 40,000 pounds of medical cannabis in 2021.

January 10, 2022

Medical Cannabis Access and Pricing

Lawmaker Behind South Carolina’s Medical Cannabis Legalization Bill ‘Optimistic’ About Legislation’s Chances This Year

Sen. Tom Davis’ bill stalled in the Senate last year, but he believes the legislation will have better luck in 2022.

January 10, 2022

Montana

Montana’s Adult-Use Cannabis Market Is Off and Running: Week in Review

Customers flocked to newly open dispensaries and bought more than $1.5 million in products last week.

January 8, 2022

Adult-Use Legalization Bill

Kansas Lawmakers Announce Effort to Place Medical, Adult-Use Cannabis Legalization on State’s 2022 Ballot

Democrats in the Kansas House unveiled the proposed constitutional amendments Jan. 6.

January 7, 2022

Finance

Illinois Adult-Use Cannabis Sales Reach $1.38 Billion in 2021

The state also set a new record in December, when adult-use sales hit $138 million.

January 7, 2022

Illinois

Cannabis Company to Illinois Supreme Court: Let the State Name the Winners of Craft Grower Licenses

1837 Craft Grow LLC has filed a motion to modify a court order that bars state officials from naming the licensees until litigation is settled.

January 7, 2022