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Mirroring legalized cannabis delta-9-THC's effects, delta-8-THC requires no license, is readily available, and is cutting into legalized cannabis’ revenue despite growing state illegality, confusion over federal legality, and concerns regarding these products’ safety and potency, Steve Schain writes.
The bill, which extends farm programs and food assistance, gives lawmakers until Sept. 30, 2024 to develop new legislation that hemp industry members hope address several concerns.
U.S. multi-state operators reported strong results for the third quarter of 2023, citing the launch of adult-use cannabis sales in Maryland and Connecticut.
Results from the Nov. 7 election show 3.8 million voted on the ballot measure, with nearly 57% in favor of implementing a framework for commercializing, regulating and taxing adult-use cannabis.
Industry members have been calling on the UK government to develop a framework for regulating and selling CBD products since it had vowed to do so in 2021.
Lifestyle Foods, Inc., maker of Ripple and Ript, is proposing that Colorado stop requiring all METRC tags to contain RFID chips, a move that could save the state’s cannabis businesses millions of dollars annually without risking traceability.
Regulators have voted to allow shelf-stable edibles in New Jersey’s medical and adult-use markets, nearly 18 months after legal cannabis sales began in the state.
If cannabis is reclassified to Schedule III, cannabis businesses won't be encumbered by onerous operating and taxing obstacles, federally-funded cannabis research will finally occur, and investment will soar, writes Steve Schain.