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420 with CNW — Marijuana Biopharmaceutical Company Takes DEA to Court for Hindering its Cultivation Plans

In a fresh lawsuit brought against the U.S. Department of Justice (DOJ) and the U.S. Drug Enforcement Administration (DEA), MMJ BioPharma Cultivation, a marijuana company based in Rhode Island, is seeking to halt an administrative law judge’s review of its application to produce cannabis for research. The lawsuit contends that DEA director Anne Milgram unlawfully … Continue reading “420 with CNW — Marijuana Biopharmaceutical Company Takes DEA to Court for Hindering its Cultivation Plans”

420 with CNW — With More MSOs Joining Recreational Marijuana Campaign in Florida, Funding Now Exceeds $55 Million

Florida is witnessing a surge in momentum as it gears up for what is anticipated to be the costliest recreational cannabis legalization campaign in American history. Led by Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), based in Tallahassee, the campaign is attracting support from six other multistate cannabis operators (MOS), marking a significant expansion in … Continue reading “420 with CNW — With More MSOs Joining Recreational Marijuana Campaign in Florida, Funding Now Exceeds $55 Million”

Cannabis Industry Perplexed as Feds Seize Marijuana from State-Legal Businesses

In the last two months, federal officials have seized hundreds of pounds of cannabis intended for retail sale from state-licensed businesses in New Mexico. This is in addition to detaining workers in the industry in what appears to be an escalation of enforcement of prohibition at the national level. This is despite the fact that … Continue reading “Cannabis Industry Perplexed as Feds Seize Marijuana from State-Legal Businesses”

420 with CNW — Colombian Marijuana Exports Exceed $10M as Authorities Double Shelf-Life Limit

In the past year, Colombia’s export of medical marijuana has continued its upward trajectory, although it hasn’t reached the anticipated heights yet. According to data from ProColombia, a governmental body promoting alternative Colombian trade, medical marijuana exports from the country reached a value of $10.8 million in 2023. This marks an 11.3% increase compared to … Continue reading “420 with CNW — Colombian Marijuana Exports Exceed $10M as Authorities Double Shelf-Life Limit”

420 with CNW — Florida’s Highest Court Greenlights Adult-Use Marijuana Ballot Measure

Florida’s Supreme Court rendered a ruling on April 1, 2024, permitting an initiative aiming to legalize recreational cannabis to be included on the state’s November ballot. Two justices dissented from the measure, while five justices were in support of it. The proposed measure would allow anybody who is 21 years of age or older to … Continue reading “420 with CNW — Florida’s Highest Court Greenlights Adult-Use Marijuana Ballot Measure”

420 with CNW — Pew Poll Finds Only 11% of Americans Want to Retain Ban on Marijuana

A recent survey conducted by the Pew Research Center reveals that an overwhelming majority of Americans, nine out of ten, support the legalization of cannabis for either medical or recreational purposes. Further, most respondents believe that legalizing cannabis enhances local economic growth and promotes fairness within the justice system. Released on March 26, 2024, the … Continue reading “420 with CNW — Pew Poll Finds Only 11% of Americans Want to Retain Ban on Marijuana”

420 with CNW — US Marijuana Sales Expected to Be in Excess of $31B in 2024

The United States anticipates surpassing $31 billion in regulated cannabis sales this year, according to recent projections from Whitney Economics, a hemp and cannabis consulting company based in Portland, Oregon. The estimate suggests that recreational and medical cannabis legal sales will reach approximately $31.4 billion this year, marking a $2.6 billion rise from the previous … Continue reading “420 with CNW — US Marijuana Sales Expected to Be in Excess of $31B in 2024”

420 with CNW — Another Federally Backed Study Finds Recreational Marijuana Legalization Doesn’t Increase Youth Use

A recent study supported by federal funds has found no clear link between the legalization of cannabis for adult use and an increase in its consumption among middle schoolers. To investigate the impact of legal sales on youth usage, researchers conducted a comparative analysis of middle-school usage rates in New Mexico and Nevada, utilizing data … Continue reading “420 with CNW — Another Federally Backed Study Finds Recreational Marijuana Legalization Doesn’t Increase Youth Use”

420 with CNW — Colorado Bill Seeking to Silence Social Media Posts on Marijuana Raises Concern

A conservative think tank in Colorado has voiced worries about a proposed measure that could have an impact on internet discussions of cannabis and associated products, including hemp. The bill, SB24-158, covers various aspects of internet regulations, including content policies and age verification. A noteworthy clause in it targets social media companies, mandating that they … Continue reading “420 with CNW — Colorado Bill Seeking to Silence Social Media Posts on Marijuana Raises Concern”

420 with CNW — VP’s Comments on Marijuana Suggest Campaign Shift on Legalization

Vice President Kamala Harris, speaking at the White House to a group of individuals who received pardons related to marijuana offenses, expressed her support for the legalization of cannabis, marking a potential change in the administration’s stance as the November elections approach. An attendee at the meeting disclosed Harris’s statement, which came after her public … Continue reading “420 with CNW — VP’s Comments on Marijuana Suggest Campaign Shift on Legalization”

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