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Indica news
Cannabis Bonds Can Solve New York’s Billion-Dollar Social Equity Problem
Diversity and access to capital are the most significant policy challenges facing New York’s adult-use cannabis market. The Marijuana Regulation and Tax Act (MRTA), along with Governor Kathy Hochul’s (D) newly announced Seeding Opportunity Initiative, takes steps...
Pennsylvania Cannabis Hearings Only Presented ‘One Side,’ Left Out SAM
Pennsylvania lawmakers attempting to exercise due diligence on crafting adult-use cannabis legislation have taken a one-sided approach, according to one legislator. The state’s Senate Law & Justice Committee held a series of three hearings, each extending beyond...
Georgia Lawmakers Consider Legislation to Redo Medical Cannabis Licensing Process
Georgia lawmakers who have been searching for a way to jumpstart the state’s stalled medical cannabis program made progress on March 14 when a House committee approved legislation that would allow regulators to redo the licensing process, according to Capitol Beat....
Colorado launches cannabis social equity grant program
Colorado has launched a pilot grant program to help social equity cannabis applicants develop and grow their businesses. Colorado Gov. Jared Polis last week announced the launch of a state grant program for cannabis social equity companies, offering licensed operators...
Online Hemp Sales Could Invite Impending Federal Crackdown
Online sales of hemp products – specifically delta-9 THC products that are derived from hemp – are likely to see a federal regulatory crackdown in the coming months. Congress is currently mulling the 2023 Farm Bill, while state lawmakers across the country are slated...
Louisiana widening access to medical marijuana
More Louisiana residents will have access to medical marijuana under a significant expansion of the state's therapeutic cannabis program that was signed into law by Gov. John Bel Edwards. The changes in the law, which take effect in August, allow doctors to recommend...
Akanda Corp. Announces Pricing of Initial Public Offering
Akanda Corp. , an international medical cannabis company, today announced the pricing of its initial public offering of 4,000,000 common shares at a price of $4.00 per share to the public for a total of $16,000,000 of gross proceeds to the Company (the “Offering”),...
Colorado Lawmakers Want More Marijuana Industry Oversight
A group of Colorado lawmakers wants to increase oversight of the state’s marijuana businesses, but the cannabis industry is ready to fight the proposal. Senate Bill 149, a nonpartisan bill introduced on March 7, proposes new reporting requirements for such marijuana...
Drop The 25% Cannabis Tax, Senator Schumer!
Federal marijuana taxes could hit 25% under Senator Chuck Schumer’s legalization plan. The vast majority of Americans want to have legal cannabis on a federal level, there are numerous polls that support this notion. The problem, however, comes down to “how” it is...
Key Pennsylvania Senate Committee Completes Final Marijuana Legalization Hearing To Inform Reform Legislation
A key Pennsylvania Senate committee on Monday held the last of three scheduled hearings on marijuana legalization, taking testimony that’s designed to help inform a forthcoming reform bill that the panel’s chairman is actively drafting. The Senate Law and Justice...
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