An Alabama judge appoints a mediator in a long-running medical marijuana dispute – Cannabis Business Executive – Cannabis and Marijuana industry news skip to Main Content Source link
A voter initiative that would have expanded medical cannabis access in Arkansas has been disallowed by the state’s Supreme Court, which declared that a proposed constitutional amendment is “plainly misleading.” The Monday ruling came roughly two weeks before Election Day and, thus, was too late to remove Arkansans for Patient Access’ measure from voters’ ballots. […]
Adult-use marijuana sales in Illinois were down a little more than 2% in September compared to the same month last year, even though businesses sold more than $1 billion worth of marijuana faster than they have in previous years. Sales of adult-use products totaled $136.5 million last month, compared with $139.5 million in September 2023, […]
Conversations around rescheduling cannabis usually center around how such a move will affect the adult-use cannabis industry. However, the bigger impact of such a move could be on medical marijuana. If the plant is rescheduled from a Schedule I drug to Schedule III, cannabis would be on par with most prescription medicines. But there’s still […]
Total cannabis sales in Connecticut dropped 12% in September, according to recently released data. Recreational and medical marijuana sales declined from a $25.6 million in August to $23.4 million in September, according to the state’s Department of Health and Human Services. Adult-use sales fell 7.6%, from $18 million in August to $16.6 million in September. […]
Medical marijuana company IM Cannabis Corp. is planning a non-brokered private placement offering of up to $1.6 million through the sale of about 625,000 units. The company, which operates in Israel and Germany, said in a news release it plans to use the proceeds from the offering to repay a loan that A.D.I. Car Alarms […]
(This story was updated at 10:35 a.m. Oct. 11 with Bedrocan declining comment.) Medical marijuana producer Bedrocan International is returning to the Canadian market through the purchase of a facility in Scarborough, Ontario. Health Canada recently granted the Veendam, Netherlands-based company a cultivation license to grow standardized medical cannabis for Canadian patients, according to a […]
Sponsors of Nebraska’s medical marijuana ballot initiatives are disputing the secretary of state’s claims questioning the validity of nearly 100,000 signatures collected for two petitions. In court filings obtained by the Nebraska Examiner, Secretary of State Bob Evnen and Attorney General Mike Hilgers questioned whether roughly 49,000 signatures on each of two MMJ petitions are […]
A ballot initiative that would significantly expand Arkansas’ medical marijuana program is still alive after the state’s Supreme Court ordered a key government official to resume counting roughly 18,000 signatures that he allegedly declined to count. Wednesday’s ruling by the high court comes two days after Secretary of State John Thurston announced that Arkansans for […]
CBD, or cannabidiol, interacts with the ECS in a unique way. Unlike THC, which binds directly to CB1 receptors, CBD has a more indirect influence. It modulates the activity of the ECS by inhibiting the breakdown of endocannabinoids, thereby enhancing their availability and prolonging their effects. This modulation helps in balancing the ECS, which can […]
