This week's stories: In a major development for the US cannabis industry, Members of the Senate Banking Committee have voted to approve the SAFER Banking Act, paving the way for its final vote in the Senate.  Wisconsin lawmakers have introduced a new bill which would legalise adult-use cannabis consumption, the possession of up to five ounces for over 21s, and remove criminal penalties for those under 21. In a bid to expand patient access to medical cannabis in New York, the OCM has expanded its RO Applications   Are you following the podcast yet? If not, why not? Correct this at o ..read more

This week's stories: Subversive Capital Advisor, which focuses on emerging sectors, this week launched a new cannabis- focused ETF, stating that a ‘regulatory move to Schedule III status meaningfully changes the trajectory for this business. The text for the SAFE Banking Act that aims to transform banking for the cannabis industry has been amended. According to Marijuana Moment, which has seen a copy of the amended text, the bill’s updates relate to guidance, finance regulations and reporting requirements. Canopy Growth Corporation announced that it was seeking to raise up to $50m in addition ..read more

This week's stories: General New York Cannabis Licence Applications to Open on October 04 Cannabis Sales in New Mexico Reach a Record High New Jersey Proposes Rules to Expand Cannabis Edibles The UK ‘Perfectly Poised’ To Be Central Hub For Global Cannabis Financial Trade   Are you following the podcast yet? If not, why not? Correct this at once, here -> Follow ? Check out all the main headlines on our website at businessofcannabis.com Business of Cannabis: New York | U.S. Cannabis Conference (cannabisnewyork.live) Cannabis Europa  Please contact INFO@BUSINESSOFCANNABIS.COM to c ..read more

This week's stories: Rescheduling cannabis from Schedule I to Schedule III under federal law is “not enough” as it “continues to misrepresent the plant’s safety relative to other controlled substances”. But who said it? Listen to find out! On Tuesday, as the US senate returned from its August recess, the majority leader Chuck Schumer reiterated his commitment to advancing the highly anticipated Secure and Fair Enforcement (SAFE) Banking Act. In a letter to New York’s governor, four cannabis companies have highlighted the mess of New York’s adult-use cannabis programme rollout, calling on the ..read more

This week's stories: The U.S Department of Health and Human Services (HHS) has sent a letter to the Drug Enforcement Administration (DEA) recommending that cannabis be reclassified from Schedule I to Schedule III New York has seen its cannabis licensing process draw to a complete halt after a temporary injunction was implemented on New York’s Conditional Adult-Use Retail Dispensary (CAURD) scheme. Canadian cannabis companies are increasingly turning to the international medical cannabis market, seeing exports increase by 50% last year. The report we mention in the episode - Pharmaceutical Ca ..read more

This week's stories: Discover How High Fees are Challenging Cannabis Profits – Insights from Health Canada Report Legal Battles, Licences Revoked – Inside the Alabama Medical Cannabis Commission's Turmoil California's Tax Cuts for Cannabis: Unveiling the Strategy to Save a Struggling Industry Are you following the podcast yet? If not, why not? Correct this at once, here -> Follow ? Check out all the main headlines on our website at businessofcannabis.com Business of Cannabis: New York | U.S. Cannabis Conference (cannabisnewyork.live) Business of Cannabis: NYC Sessions Cannabis Europa&nbs ..read more

This week's stories: US cannabis businesses are bracing for increasing threats from criminals following Mastercard’s decision to ban cannabis purchases. US organisation Doctors for Cannabis Regulation (DCR) and other industry stakeholders, are urging the United States and global cannabis regulators to adopt the International Intoxicating Cannabinoid Product Symbol Ohio could see potential annual tax revenue from adult-use cannabis hit $276 million in year five of an operational cannabis market to $403 million in year five of operations. Are you following the podcast yet? If not, why not? Cor ..read more

Are you following the podcast yet? If not, why not? Correct this at once, here -> Follow ? This week's stories: The Canadian Federal government’s failure to facilitate research into the potential health issues associated with cannabis consumption has led to potential legal action. THE global cannabis industry is grappling with significant challenges in securing reliable banking and payment services following Mastercard’s recent decision to prohibit cannabis purchases on its debit cards in the US. Atalis Pay from Prohibition Partners emerges as a fresh source of optimism, introducing the fi ..read more

Are you following the podcast yet? If not, why not? Correct this at once, here -> Follow ? This week's stories: New York’s Empire Cannabis Club to Take Regulators to Court After Recent Raids Tilray has reported narrowing losses during its fourth quarter while sales came in well above analyst estimates, leading to a bump in stock price. An amendment has been approved by the U.S. House of Representatives to be included in a spending that would prevent the Department of Veterans Affairs (VA) from prohibiting veteran access to medical cannabis.     Check out all the main headlines o ..read more

Are you following the podcast yet? If not, why not? Correct this at once, here -> Follow ? This week's stories: In a bid to super charge the cannabis retail market, New York’s Office of Cannabis Management has announced the approval of cannabis farmers markets and has issued 212 new provisional retail licenses. A 2024 ballot initiative to legalise adult use of cannabis could see Florida generate up to $431.3 million in sales tax if passed. US cannabis giant Trulieve has filed a civil lawsuit against its former business partners in a bid to recover unpaid debts worth nearly $25m.   Ch ..read more