The U.S. Department of Veterans Affairs (VA) should continue to explore psychedelics and medical marijuana therapy and expedite access to such alternative treatments if they’re proven to be efficacious, representatives of leading veterans service organizations (VSOs) told members of Congress this week. One key group testified that the scheduling of substances like cannabis, psilocybin and […]
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Category: News
Connecticut Lawmakers File Bill To Decriminalize Psilocybin Despite Governor’s ‘Concerns’
Connecticut lawmakers have reintroduced a bill to decriminalize psilocybin for adults—despite the fact that the state’s Democratic governor signaled he wasn’t on board with an earlier version of the reform proposal. The legislature’s Joint Judiciary Committee filed the legislation on Monday. It would make possession of up to one-half an ounce of psilocybin punishable by […]
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Ümi Farms Is Serious About Social Equity
Illinois attorney-turned-activist Akele Parnell is making good on the devastating damages caused by the War on Drugs.
The post Ümi Farms Is Serious About Social Equity appeared first on Cannabis Now.
Verano Q4 Falls Slightly Below Expectations
Verano Announces Fourth Quarter and Full Year 2024 Financial Results Fourth Quarter 2024 Financial Highlights Revenues, net of Discounts, of $218 million, a decrease of 8% year-over-year, and an increase of 1% versus the prior quarter. Gross profit of $108 million or 49% of revenue. SG&A expense of $84 million or 38% of revenue. Net […]
Ohio Senate votes to roll back legal cannabis law approved by voters (Newsletter: February 27, 2025)
VA gov to decide on marijuana bills; PA legalization plan; TX cannabis decrim; Judge rules against marijuana consumer gun ban; NJ cannabis tax hike Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know which cannabis stories are shaping the day. Your support makes Marijuana […]
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Verano Announces Fourth Quarter and Full Year 2024 Financial Results CHICAGO, Feb. 27, 2025 (GLOBE NEWSWIRE) — Verano Holdings Corp. (Cboe CA: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced its financial results for the fourth quarter and full year ended December 31, 2024, which were prepared in accordance […]
New Mexico’s Largest County Reaches Deal With Firefighters To Stop Random Drug Testing For Marijuana
After leaders of New Mexico’s most populous county voted late last year to stop punishing most government employees for off-hours marijuana use, the county has reached a revised employment agreement with the local firefighters’ union. Approved by the Bernalillo County Board of County Commissioners (BCC) on a 5–0 vote on Tuesday, the new memorandum of […]
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GTI Revenue and Adjusted EBITDA Were Better Than Expected
CHICAGO and VANCOUVER, British Columbia, Feb. 26, 2025 (GLOBE NEWSWIRE) — Green Thumb Industries Inc. (“Green Thumb” or the “Company”) (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis consumer packaged goods company and owner of RISE Dispensaries, today reported its financial results for the quarter and full year ended December 31, 2024. Financial results are […]
Ohio: Senate Lawmakers Advance Bill Amending Voter-Approved Marijuana Legalization Law
“This bill is a slap in the face to the millions of Ohioans who voted in favor of Issue 2…. Read more
New Florida Legislation Would Impose Restrictions On Hemp Products
Although a measure did pass last spring, Gov. Ron DeSantis vetoed it in June. By Mitch Perry, Florida Phoenix During the past two legislative sessions, Florida lawmakers have attempted to impose significant restrictions on hemp products that industry officials said would have been devastating to their bottom line. Although a measure did pass last spring, […]
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