Benzinga PotProfits

The Illinois cannabis industry has undergone significant changes in recent years regarding diversity and social equity, as evidenced by data provided by the Cannabis Regulation Oversight Officer (CROO). As first reported by Illinois News Joint, since the launch of adult-use marijuana sales in...

Senate Majority Leader Chuck Schumer (D-NY) is actively pursuing a bipartisan marijuana banking bill and intends to incorporate "criminal justice provisions" into it. In a letter addressed to Todd Harrison, an investor in the cannabis industry, Schumer expressed his plan to integrate...

New federal guidelines from the U.S. Sentencing Commission (USSC) are now operational, introducing a more lenient approach to prior marijuana possession convictions. These guidelines, which took effect seven months after the USSC voted in favor of several amendments, acknowledge cannabis...

Colorado, a trailblazer in cannabis legalization, is at a crossroads once again. The Colorado Marijuana Enforcement Division (MED) is suggesting a pivotal change that could significantly impact the cannabis industry. In a recent development reported by Westword, the MED is contemplating the...

"Diversity, Equity & Inclusion in the Cannabis Industry," the latest report from MJBizDaily, sheds light on the ever-evolving landscape of diversity within the cannabis sector. According to Andrew Long, data analyst and author of the report, "Understanding how these groups...

Pineapple Express Cannabis Company (OTCPK: PNXP) has announced a significant move towards expansion and growth. The LA-based publicly-traded cannabis company will be offering up to 5 million shares of its common stock, priced at $1 per share, with a total aggregate amount of $5...

New York New York's inaugural cannabis hearing on October 30th will address challenges in the state's legal cannabis market since 2021. Chair of Senate Subcommittee on Cannabis State Senator Jeremy Cooney (D-Rochester) will lead the live-streamed event, focusing on legal obstacles...

Multi-state cannabis operator and retailer 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF)  announced the issuance of restricted stock units (RSUs) in connection with its recent $10-million senior secured credit facility agreement. The Phoenix, Arizona-based company will issue 15.9...

The New Jersey Fraternal Order of Police has criticized Jersey City's federal lawsuit challenging a state policy permitting off-duty marijuana use by police officers. “The law of the State of New Jersey and the guidance from the Office of the Attorney General clearly provides that police...

In the ever-evolving world of cannabis products, innovation is the name of the game for those in search of health and wellness solutions. From organic CBD sleep gummies to premium cannabis extracts and GMP-certified medical marijuana offerings, these newcomers epitomize the dynamism propelling...

Crabcakes & Cannabis, an Annapolis-based business known for its Maryland-themed cannabis merchandise, has found itself entangled in a legal battle with seasoning giant McCormick & Co Inc (NYSE: MKC), the creators of the iconic Old Bay seasoning. At the center of this dispute is a popular...

In September 2023, cannabis sales figures from various U.S. states offered a compelling snapshot of the evolving landscape of legal cannabis markets. See Also: Cannabis Sales Trends: August 2023 Updates From New Mexico To Colorado Connecticut Connecticut's cannabis market has reported...