Browsing: Business

A New York judge on Friday ruled that the state Office of Cannabis Management (OCM) cannot process or approve any pending Conditional Adult-Use Retail Dispensary (CAURD)…

COMPASS Pathways, a biotechnology company dedicated to innovation in mental health, gained $285 million in private funding to research psychedelics, Behavioral Health Business reports. This amount…

Germany’s cabinet on Wednesday passed a bill to legalize adult cannabis use and cultivation, Reuters reports. The measure still requires approval from parliament.  Under the proposal,…

Alabama’s medical cannabis licensing process is on hold, again, after a judge on Thursday granted a temporary restraining order after several cannabis companies claimed the Alabama…

A study published this month by Ohio State University researchers suggests that adult-use cannabis sales in the state could generate between $275 million and $403 million…

Workers at Connecticut’s largest cannabis cultivation facility have joined United Food and Commercial Workers Union (UFCW) Local 919, the News Times reports. More than 70 workers…

Illustration: mim.girl / Shutterstock Since 510-thread batteries first became ubiquitous in the cannabis industry more than a decade ago, they have been lauded as a reasonable…

The Missouri Auditor is investigating the state’s adult-use and medical cannabis programs to make sure they are operating legally, KCTV reports. Auditor Scott Fitzpatrick’s office said the…

For the sixth consecutive month, combined medical and adult-use cannabis sales in Missouri topped $100 million, totaling $123.2 million in July, Greenway Magazine reports. Since the…

One of the leading exchange-traded funds in the cannabis space will see its final day of trading this month, CNBC reports. The Poseidon Dynamic Cannabis ETF,…