Top Stories: Page 31

Forecast Looks Sunny For Florida’s Potential Adult-Use Cannabis Market

By 2028, BDSA predicts Florida will be the second-largest cannabis market in the U.S., just behind California.

Pennsylvania Lawmakers Introduce Cannabis Legalization Bill, Pointing to Neighboring Ohio

A pair of bipartisan state representatives released a 220-page bill in a memo calling on their colleagues to join them in cosponsoring the legislation.

Cannabis Business Disputes: Options for Staying Out of the Courtroom

Knowing the pros and cons of arbitration and mediation can help you decide whether one of these alternative dispute resolutions may be beneficial for your company when a conflict arises.

Cannabist Co. Exiting Florida Cannabis Market After $19M Loss in 2023

The company is divesting three cultivation facilities, 14 dispensaries and its license in the Sunshine State. It also initiated a corporate restructuring.

Class Action Suit Calls New York City’s Crackdown on ‘Illegal’ Cannabis Shops Unconstitutional

Dozens of businesses are suing the city and several of its officials for enforcing the SMOKEOUT Act and closing allegedly illegal stores without judicial review.

Cannabis Beverage Sales Growth Slower Than Edibles Sales Growth

While daily cannabis consumption now outpaces daily consumption of alcoholic beverages in the U.S., cannabis beverages continue to comprise a small percentage of the overall market.

What Is SFUE and Why Is It Critical for Your Operation’s Profitability?

Your square foot utilization efficiency (SFUE) and optimized crop production schedule should be priority No. 1 and can mean millions of dollars of additional annual revenue.

‘Devastating’ Hemp Amendment Language Included in FY 2025 Agriculture/FDA Bill

The House Appropriations Committee’s FY 25 Agriculture/FDA Appropriation bill released June 10 includes language from ‘the Mary Miller amendment’ that was added in late May to the draft 2024 Farm Bill to change the definition of hemp and ban synthetic, intoxicating hemp-derived cannabinoids.

Criminalization Will Make Delta-8, Delta-10 THC, etc., ‘All the More Dangerous,’ Says Harvard Medical Instructor and Leading Cannabis Expert

In this exclusive interview, Dr. Peter Grinspoon shares his insights into the inherent safety of delta-8 and other intoxicating hemp-derived cannabinoids, the draft Farm Bill 2024 amendment that would ban products containing them, and why he believes legislators need to learn from past mistakes of the failed war on drugs.

Florida Governor Vetoes Controversial Hemp Bill

Gov. DeSantis shot down S.B. 1698, which would have banned the sale of synthetic and intoxicating hemp-derived cannabinoids and changed the definition of ‘hemp’ under the state hemp program.

National Alcohol Group Urges Congress to Address Hemp’s ‘Public Health Crisis’ in Farm Bill

Wine & Spirts Wholesalers of America sent a letter to U.S. lawmakers recommending they ban synthetically derived hemp compounds.

Study: Cannabis Dispensaries Increase Home Values by 2 Percentage Points on Average

Despite unfounded claims arguing that cannabis retailers can depreciate surrounding home prices, data from multiple states, including Colorado, Illinois and Michigan, show positive impacts.

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