NewsRoom Articles - Page 6 of 587

ThursdayMar 06, 2025 4:20 pm

420 with CNW — Trump’s Cuts to Funding Put Marijuana Research at Risk

The federal government’s decision to reduce funding for research is jeopardizing 565 cannabis-related studies. In addition, a freeze on new grants from the National Institutes of Health (NIH) is slowing down future studies at a critical time, raising concerns about cannabis policy changes and potential consequences for the industry. Earlier this month, the NIH announced that there would be a significant cut in research grants allocated for indirect costs, such as facility and administrative expenses, capping it at 15%. Universities responded by filing lawsuits to block the cuts, leading to a temporary halt in their implementation while legal challenges unfold.…

ThursdayMar 06, 2025 10:00 am

Ohio GOP Claims Voters Weren’t Informed While Approving Recreational Cannabis

Senate Republicans in Ohio claim that voters weren't properly informed of what they were voting for when they approved the state’s recreational cannabis legalization ballot measure in 2023 and have passed a bill to restrict the measure. According to the Ohio GOP, voters across the state weren't aware of what they were approving when they voted to legalize cannabis. Despite protests from marijuana enthusiasts, Republican leaders in Ohio have voted to amend the state's recreational cannabis policy and make it more restrictive. Ohio was the 24th state to legalize adult-use cannabis in the U.S. when Ohio voters went against their…

WednesdayMar 05, 2025 4:20 pm

420 with CNW — Texas Judge Rejects AG’s Request to Block Dallas’ Cannabis Decriminalization

A judge in Texas has ruled that Dallas can continue implementing a voter-approved measure decriminalizing cannabis, rejecting an effort by the state’s attorney general to halt the policy while a lawsuit against it moves forward. Judge Dale Tillery denied Attorney General Ken Paxton’s request for a temporary injunction. Paxton sought to block the city from moving forward with the reform, which prevents law enforcement from enforcing marijuana-related criminal penalties. The judge’s brief ruling stated that after reviewing the case’s arguments and evidence, the request for an injunction was denied. The ruling does not dismiss Paxton’s lawsuit, but it allows the…

TuesdayMar 04, 2025 4:20 pm

420 with CNW — Air Force Personnel in Massachusetts Receive Strong Warning on Cannabis Use

Staff at Massachusetts’ Hanscom Air Force Base have been reminded of the stringent rules governing the use and possession of marijuana products on the base. A recent memorandum clearly states that individuals are prohibited from using, possessing, distributing, or bringing marijuana onto the base. However, the 66th Air Base Group Legal Office emphasizes that this restriction extends to all personnel, including federal employees, military members, dependents, contractors, and anyone attempting to enter the base. The rule also covers CBD and THC-containing products. The policy aligns with federal law and the Defense Department (DoD) regulations, which classify cannabis as a restricted…

TuesdayMar 04, 2025 10:45 am

Get Ready for The Pennsylvania Cannabis Convention: A Hub for Cannabis Innovation and Networking

The Pennsylvania Cannabis Convention (“PACC”) is gearing up to bring together growers, traders, brands, and enthusiasts to explore the legal cannabis sector in Pennsylvania on March 30, 2025. This event is a must-visit for those involved in the local cannabis industry, offering attendees in-depth insights into every aspect of the PA medical program. Registrations are open, and PA patients can attend the PACC for free. For the March 30 event, PACC has partnered with NECANN, a renowned leader in hosting cannabis networking events. NECANN events are recognized as some of the premier cannabis gatherings on the East Coast, providing high…

TuesdayMar 04, 2025 10:00 am

2025 California State Fair to Again Permit Onsite Cannabis Sales, Consumption

The upcoming 2025 California State Fair will allow onsite cannabis sales and consumption as well as a wider category of awards to demonstrate the diversity of California's marijuana market. This will be the fourth year that event organizers invite cannabis entrepreneurs and consumers to the 17-day event to take part in the festivities, and the second year in a row where cannabis sales and consumption are allowed on-site. Embarc founder Lauren Carpenter says the State Fair made history in 2024 by integrating marijuana sales and use during the event, and she is happy to come back to the over two-week-long…

MondayMar 03, 2025 4:20 pm

420 with CNW — 2025 Could See University and Marijuana Industry Partnerships Blossoming

The year 2025 is set to mark a turning point in collaborations between universities and the marijuana industry, both in the U.S. and around the world. While partnerships between academia and businesses are nothing new, the marijuana sector has been slow to accept them, largely due to cannabis’ federal illegality in the U.S. However, as the sector evolves, forming alliances with academic institutions presents an opportunity to influence policy, drive research, and shape the sector’s future. These collaborations could take many forms, including research initiatives, sponsored studies, and joint ventures. Universities are essential in innovation, while businesses provide the infrastructure…

FridayFeb 28, 2025 4:20 pm

420 with CNW — Major New Mexico Cannabis Firm Files for Bankruptcy

In spite of the widespread use of cannabis, businesses in the industry have faced significant challenges. Despite the continued growth in retail sales, many brands find it challenging to differentiate themselves in a market that largely views cannabis as a commodity. Even some of the biggest players have filed for bankruptcy due to these difficulties. A prime example is Planet 13, a well-known cannabis retailer in Las Vegas that features a massive retail space, a restaurant, and a consumption lounge. However, despite its success in Nevada, the company has had trouble replicating that achievement in other locations. No cannabis brand…

FridayFeb 28, 2025 10:00 am

One Marijuana MSO is Reaping from Little-Known IRS Tax-Credit Scheme

A barely-known IRS credit scheme has allowed a multi-state marijuana operator (MSO) to earn millions of dollars in tax credits. Although cannabis firms remit hundreds of millions of dollars in taxes annually, federal law prevents them from claiming tax credits and deductions for operational expenses. However, Jushi Holdings took advantage of an obscure tax credit scheme to earn a little over $5 million. The Boca Raton-based vertically integrated MSO was owed around $6 million worth of Employee Retention Credit (ERC) by the IRS but would have had to wait for several months to claim the credit. Rather than buckle down…

ThursdayFeb 27, 2025 4:20 pm

420 with CNW — Crackdowns by Oklahoma Authorities Don’t Seem to Be Slowing Illicit Marijuana Operations

For years, Darrin Varnell, Pawnee County Sheriff, had received alarming reports about a cannabis farm near Maramec—men carrying assault rifles, a worker fleeing in fear, and even an incident where a man with a machete chased a naked woman. So when the DEA raided the site in January 2023, Varnell felt a sense of relief. The operation was shut down, and agents seized $45,000 in cash, more than 17,000 cannabis plants, and a firearm. The farm’s manager, Jiubing Lin, was arrested and later pleaded guilty to conspiracy charges tied to a broader Chinese money laundering network. However, the relief was…