Cannabis Business Times

“I represent the right edge of the cannabis reform movement," U.S. Rep. Matt Gaetz, Trump's pick for attorney general, said in 2019 while introducing the STATES Act, legislation that would prevent federal interference in state-legal cannabis programs. https://lnkd.in/gtK7ctdi

University researchers in Ohio lay out key considerations for regulating intoxicating hemp products in a new report, including regulatory options to balance the interests of hemp and adult-use cannabis industries. “The unfettered access is problematic in part because any psychoactive THC substance, whether delta-8 or delta-9, can negatively affect brain development in adolescents and impact other aspects of their lives." The Ohio State University Moritz College of Law https://lnkd.in/gSBurMNT

Eaze and Green Dragon will reopen 57 dispensaries, 11 cannabis delivery hubs and 2 production facilities in California, Colorado, Florida and Michigan thanks to $10 million in Series B funding. “As we move ahead with this new chapter, Eaze Inc. is focused on sustainable growth and delivering for our customers and communities," CEO Cory Azzalino said. "The $10 million investment will allow us to strengthen our supply chain, enhance the customer experience, and set the foundation for long-term success.” https://lnkd.in/gGzGm7MN

A GOP Ohio lawmaker introduced legislation to prohibit the sale of products containing intoxicating hemp derivatives and to declare an emergency, adding criminal penalties for violating offenses. https://lnkd.in/grd5T4dv

How can cannabis cultivators maximize their photon conversion efficiency to lower the cost per pound? "The energy cascade model (ECM) provides a framework for understanding how light energy is converted into the flowers you harvest. The process involves capturing light (photons), using it to drive photosynthesis, and distributing biomass efficiently into flowers. Understanding this model allows growers to optimize yield by identifying opportunities to improve efficiency at every step," Due Diligence Horticulture experts Travis Higginbotham and Mitchell Westmoreland explain in the latest Digging In column. Link below for more insights! https://lnkd.in/gDMnJSvq

Nebraska voters pass medical cannabis legalization measures with lopsided support despite ongoing litigation. “Today’s decision by Nebraska voters marks the end of unnecessary delays and the beginning of a modern medical cannabis program rooted in proven health care practices." https://lnkd.in/gdyGitwF

North Dakota voters reject adult-use cannabis legalization for the third time. "As more states across the country embrace reform, we are confident that North Dakota will continue the conversation about cannabis legalization in the future." https://lnkd.in/gGm3wEG2

Florida’s cannabis legalization measure fails despite majority support. While the results of Amendment 3 did not clear the 60 percent threshold, we are eager to work with the governor and legislative leaders who agree with us on decriminalizing recreational marijuana for adults, addressing public consumption, continuing our focus on child safety, and expanding access to safe marijuana through home grow." https://lnkd.in/g5WvY25S

Flora Growth reaffirmed its supply agreement with Curaleaf today, five days after Curaleaf denied the agreement existed. An SEC filing discloses the terms. https://lnkd.in/gMgrjAst

The DEA's Administrative Law Judge indicated there's no record that the 25 participants named for a cannabis rescheduling hearing meet eligibility criteria related to them being “adversely affected or aggrieved," delaying testimonies until 2025. https://lnkd.in/gn-cA8yj