Top Stories: Page 40

Schumer Says He’ll ‘Turn’ to Cannabis Banking Bill Soon

The U.S. Senate majority leader mentioned the SAFER Banking Act among a short list of legislative priorities this year.

Can Cannabis Growers Optimize Light Capture?

Cultivators form a research group to investigate if intercanopy lighting can improve yields and flower quality.

How Big Is the U.S. Market for Delta-8 THC and Other Intoxicating Hemp-Derived Cannabinoids?

Data from Brightfield Group shows the market may be bigger and growing faster than you might think.

How to Use Flowcharts to Improve Cannabis Businesses Operations

Flowcharts can be instrumental in cost-cutting, audits, mergers and acquisitions due diligence, and more.

2 US Senators Urge DEA, Other Agencies to ‘Uphold’ Law on Tribal Cannabis Sales in North Carolina

The Eastern Band of Cherokee Indians plans to launch the state’s first adult-use cannabis sales on April 20.

Will Canada’s Cannabis Excise Tax Be Lowered?

Canada’s Standing Committee on Finance recommended reducing the tax and adjusting excise stamp requirements. What would this mean and why is one expert moderating expectations?

UPDATE: Hawaii Senate Passes Adult-Use Legalization Bill

The legislation faces an uphill battle in the state’s House, where a previous legalization attempt died last year.

Virginia Bill to Launch Adult-Use Cannabis Sales Now in Governor’s Hands

Democratic lawmakers came to a consensus on legislation that Republican Gov. Glenn Youngkin hasn’t shown 'any interest' in signing.

'Deschedule or Do Nothing:' Drug Policy Alliance Says Rescheduling Cannabis Would Not End Criminalization

Drug Policy Alliance and representatives from other cannabis organizations and businesses explained the limitations and potential harms of relisting cannabis as a Schedule III drug from Schedule I of the Controlled Substances Act in a special virtual press briefing.

Trulieve Reports Receiving Refund For 280E Taxes Paid

The multistate cannabis company, as noted in its 2023 financial report and earnings call, says it received $113 million of the more than $174 million it requested in combined amended state and federal tax returns.

Jamaica’s THC Exports to United States Leads CBT’s Most Popular Articles in February

Rescheduling, state legalization prospects, and Lume’s rapid rise in Michigan also ranked in Cannabis Business Times’ top 10 stories this month.

New York Governor: Licensed Entrepreneurs ‘Under Attack’ by ‘Illegal Pot Shops’

Gov. Kathy Hochul calls on legislators, social platforms and tech companies to help the state clamp down on unregulated cannabis operations.

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