Australia’s medical regulator on Wednesday rejected a bid to approve psychedelics for therapeutic use, saying the risks of the drugs outweigh the potential mental health benefits. In a final decision from the Therapeutic Goods Administration (TGA), the agency declined...

Most financial leaders in cannabis don’t trust the Biden administration, new data suggests. On December 14, GreenGrowth CPAs announced the cannabis industry’s first 2021 Cannabis CFO Survey—a 22-page analysis containing business and market outlook data from over 75...

Lawmakers in Ohio on Wednesday passed a bill that would result in the first significant change to the state’s medical cannabis program since it launched in 2016, effectively empowering doctors to recommend cannabis for just about any condition.  Senate Bill 261 passed...

In a sign that things are absolutely at a tipping point in Europe, the Mediterranean island of Malta became the first country in both Europe and the European Union (EU) to legalize recreational cannabis cultivation, possession and use. Luxembourg announced similar...

Pfizer Inc., one of the trifecta pharmaceutical companies manufacturing COVID-19 vaccines, is acquiring another large pharma company that is conduction clinical trials on a variety of drugs, including one that is examining the efficacy of cannabinoids. Pfizer Inc....

For the most part, South Dakota voters are on board with their governor. Large majorities approve of her overall job performance, as well as her handling of the state’s economy and approach to the COVID-19 pandemic.  But when it comes to Kristi Noem’s handling of...

Cannabidiol, or CBD, is often touted for its potential therapeutic benefits, and since the Farm Bill legalized hemp in 2018, it's turning up in all sorts of products. Vitamins, minerals, and amino acids are no exception, and dietary supplements incorporating CBD in...

St. Louis Mayor Tishaura O. Jones signed a cannabis decriminalization ordinance this week, saying the measure will help address racial disparities in the city’s enforcement of cannabis prohibition laws. Jones approved the measure, which was passed by the Board of...

The Economic Affairs Interim Committee, comprised of members of the state Senate and state House, convened on Monday, where lawmakers passed five changes to help resolve issues with the state’s cannabis industry, which were proposed by the Montana Department of...

Visa recently issued a memo detailing a common scheme being used by businesses in the cannabis industry—“cashless ATM” point-of-sale (POS) transactions. Cashless ATM transactions take place when a merchant takes an order, rounds up the total to an even number, and...

A legalization bill for Rhode Island is expected to be ready sometime during quarter one of 2022. Last week, Rhode Island Representative and House Speaker Joe Shekarchi mentioned the progress of a cannabis legalization bill for his state, which is almost ready to be...

Lorena Cupcake, voted “best budtender in Chicago,” has answered hundreds of questions from cannabis shoppers and patients during their time as a budtender. And now they're turning that experience into a monthly advice column, Ask a budtender. Got a question for...

Presented by Hemp Hop, The High Times Hemp Cup: People’s Choice Edition unites competitors and judges from all areas of the hemp space. The festivities begin this January as High Times begins accepting entries, and the event wraps up April 3, 2022, with the official...

In the latest chapter of an ongoing pattern, a fentanyl-laced cannabis scare in Vermont turned out to be a false alarm. Two cases of cannabis suspected of being laced with fentanyl in the state were cleared of the drug by a lab weeks later, after first causing a...

First reported by the Los Angeles Times, the geographically small city of West Hollywood plans to rebrand itself as a cannabis mecca, or as “Emerald Village”—a name coined by a cannabis trade group of the same name. At less than two square miles in size, the city is...

A longtime Internal Revenue Service (IRS) official participated in a recent webinar where he made recommendations on how cannabis businesses can stay tax compliant. The IRS Commissioner of Small Business/Self-Employment (SB/SE) Examination, De Lon Harris, participated...

Regulators in New Jersey on Tuesday moved to award 30 new licenses for new medical cannabis dispensaries, a significant expansion of a program that has seen slow growth. The state’s Cannabis Regulatory Commission voted to “more than [double] the number of retail...