Top Stories: Page 42

UPDATE: South Carolina Senate Approves Medical Cannabis Legalization Bill

The state’s Compassionate Care Act is lined up to face scrutiny in the House, where it died on a procedural vote in 2022.

Will These 9 Prohibition States Legalize Medical Cannabis in 2024?

From politics to ballot initiative processes, CBT takes a hard look at the possibilities for reform among our nation’s last holdouts.

UPDATE: Virginia House Passes Bill to Legalize Adult-Use Cannabis Sales

A commercial retail marketplace could launch as soon as Jan. 1, 2025, if lawmakers put forward a bill Republican Gov. Glenn Youngkin supports.

Lume’s Rapid Rise

How Lume Cannabis Co. has flourished—growing from $2 million to nearly $200 million in revenue in four years—amid Michigan’s plunging retail prices and other challenges.

Florida Senate Committee Advances Bill to Limit THC Potency Ahead of Potential Adult-Use Legalization

The Senate Health Policy Committee signed off on legislation that would cap the THC level in adult-use cannabis before voters potentially head to the polls to weigh in on the issue.

VP Kamala Harris Touts Changing ‘Federal Marijuana Policy’ in Campaign Video

Many industry stakeholders and advocates pushed back, saying the White House hasn’t changed anything since Biden took office.

Congressional Research Service Says Lack of Banking Services Makes Cannabis Businesses ‘Target for Theft’

A new report lays out policy issues related to cannabis banking.

Cresco Labs Scores Touchdown With Cannabis-Infused Wing Sauce

After the cannabis company's first limited run of the Good News product sold out the first day, Cresco rushed to produce more in time for the Super Bowl.

Congressman Presses DEA For Answers on Ongoing Cannabis Scheduling Review

U.S. Rep. Earl Blumenauer wrote to DEA Administrator Anne Milgram Feb. 8 for further details on the review process, including when the agency might publish its draft rule on the scheduling of cannabis.

A Look Inside Sun+Earth’s East Coast Expansion

The nonprofit, third-party certification for regenerative organic cannabis has certified its first East Coast farm: Vermont-based Rebel Grown.

GOP Candidate Nikki Haley Addresses Federal Cannabis Reform

During a recent CNN Republican Presidential Town Hall, CNN’s Jake Tapper asked GOP candidate Nikki Haley whether or not she would support the FDA's recent recommendation to reclassify cannabis to a Schedule III drug.

UPDATE: South Carolina Senate Fast-Tracks Medical Cannabis Bill in Special Order

The Palmetto State may finally move on a Compassion Care Act that died two years ago amid a cross-chamber technicality.

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