Recreational Marijuana News
Companies that sell products with significant amounts of intoxicating THC – but under the guise that it’s federally legal hemp – are bankrolling Florida’s governor’s quest to defeat an adult-use marijuana legalization measure.
Deep Roots Harvest has acquired fellow Nevada marijuana operator The Source in a deal that includes a portfolio of retail, distribution and cultivation assets in the state.
If approved by voters on Tuesday, new regulated marijuana markets in Florida, Nebraska and North Dakota could collectively reach $2.3 billion in sales.
The U.S. Drug Enforcement Administration has contacted 25 “designated participants” to testify at a Dec. 2 hearing about marijuana rescheduling, according to documents obtained by MJBizDaily.
A new California report highlights potential risks associated with high-potency marijuana and recommends further restrictions on marketing, product development and business opportunities for licensed cannabis operators in the world’s largest regulated market.
A limited number of residents of two German cities will be allowed to buy legal adult-use cannabis in a five-year pilot launching in 2025.
Starting Nov. 1, vertically integrated marijuana companies in Arizona will be permitted to deliver products to adult-use consumers.
