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Indica news
South Dakota Court Overturn Legalization Bill
Advocates in South Dakota are calling the state Supreme Court’s decision to invalidate a voter-approved recreational cannabis initiative on technical grounds a “terrible precedent” and are calling on the Legislature to put it right with voters by approving adult-use...
Rhode Island Lawmakers Near Marijuana Legalization Deal, But Governor Not Sold On Key Provision
Key Rhode Island lawmakers say they are nearing an agreement on a marijuana legalization bill that they plan to introduce within days. But one part of the deal might jeopardize support from the governor. Legislators have been in talks for months to reconcile competing...
Ascend Raise The Temperature Of Med Men Dispute With Second Press Release Alleging Med Men Continue To Breach the Investment Agreement
Ascend Wellness Holdings, Inc. (“AWH” or the “Company”), a multi-state, vertically integrated cannabis operator focused on bettering lives through cannabis, announced MedMen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF) (“MedMen”) has continued to breach...
Iowa Democrats Unveil Marijuana Resolution To Put Legalization On Ballot For Voters To Decide
Iowa Democratic senators on Wednesday released the text of a joint resolution to put the question of marijuana legalization before voters on the state’s ballot. The proposed constitutional amendment says that “the possession, growth, cultivation, processing,...
NORML’s Federal Marijuana Lobbyist Departs After Five Years Advancing Reform On Capitol Hill
When it comes to advocating for marijuana reform on Capitol Hill, Justin Strekal of NORML is one of the most widely recognized faces of the movement, putting in the hours to champion the cause of cannabis consumers and convince lawmakers to get on board. But after...
Controlled New Hampshire House Votes To Legalize Marijuana Possession And Cultivation
The GOP-controlled New Hampshire House of Representatives on Thursday approved a bill to legalize marijuana possession and personal cultivation for adults. Members passed the legislation, sponsored by Rep. Carol McGuire (R), in a 241-113 vote. This comes one day after...
How Accessibility Is Destroying The Legal Marijuana Industry In America
Interesting story out of California last week where the marijuana industry is sending an SOS letter to the state government saying their legal industry is on the verge of collapse. The gist of the story is that higher taxes, not enough...
New York Gov. Kathy Hochul: $200 Million Cannabis Equity Fund Will “Create Opportunities”
As state regulators gear up to launch what will be one of the country’s biggest legal cannabis markets, New York Gov. Kathy Hochul put equity in the spotlight with a new $200 million fund. In her State of the State speech on Wednesday, Hochul outlined sweeping budget...
Is Big Pharma Weed Coming With Pfizer’s Recent Purchase?
Pfizer wants in on the cannabis game. Will you be buying Pharma Weed? Most consumers say absolutely not. You may not have heard the wonderful news. Our great overlords and global saviors at Pfizer announced their intentions to get into the medical cannabis market via...
$200M Cannabis and Marijuana Lending Fund Established by the StandardC Network
StandardC, a leader in cannabis & marijuana banking and financial services, announced today that its lending partner had closed the first $5 million loan from their newly established $200M fund for a leading marijuana cultivator using the StandardC...
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