"After witnessing the explosive growth of the functional mushroom industry, Justin recognized the same challenges he saw in early cannabis: a flood of products with varying quality and limited consumer guidance."
Todd Blanche, the acting attorney general, signed an order that removes products sold under state medical cannabis licenses and FDA approved cannabis products from schedule I to schedule III, which includes legal but regulated substances. This change raises questions for the cannabis industry regarding its implications.
SNDL's revenue arrived at $143.29 million, a 4.4% year-over-year decline that missed consensus by 31.87%. Every segment shrank, including Liquor Retail at $76.13 million and Cannabis Retail at $56.57 million.
Acting Attorney General Todd Blanche announced the decision in a post on X, noting that the DOJ would immediately move state-licensed marijuana and FDA-approved marijuana products to Schedule III alongside Tylenol with codeine, ketamine, and steroids.
The DOJ officially moved marijuana to Schedule III, placing it alongside drugs like ketamine and certain steroids instead of heroin or LSD. That's not legalization - but it's a meaningful policy shift.
"The cannabis industry is an important part of the Massachusetts economy - supporting jobs and local businesses and generating revenue for cities and towns," Healey said in a statement. "It's important that we are doing everything we can to make sure this industry is set up for success."
When asked what his favorite thing about cannabis was, Maryjane General Manager Kepler's answer was simple: The impact. He recalls a time when two parents came to the Lenox Hill shop with their son, who had Attention-Deficient Hyperactivity Disorder (ADHD.) Maryjane was able to provide them with a strain that would help. When the parents came back for a second dose, they quickly expressed this was the happiest and calmest they've seen their son.
In 2019, the Original Cannabis Cafe, formerly Lowell Cafe, burst onto the scene. It was the nation's first legally permitted cannabis restaurant, with long lines snaking out of the venue and down La Brea Avenue.
Handlers at Dublin Airport have expressed their admiration for the service dogs, noting their remarkable ability to sniff out drugs, tobacco, and cash in mere seconds.
Under New York law, the retail tax due on discounted products must be calculated on the price before the discount is applied, specifically so as to not subvert State and local tax collections.
The local governments allege that McKinsey created a marketing plan called Project Turbocharge, which involved developing aggressive marketing and sales materials that misrepresented the risk of consuming opioids in higher dosages.
The inquest concluded that Robinson's prescription for medicinal cannabis had probably contributed to his death, with the coroner stating that it acted as an obstacle to appropriate care.
Jason Ambrosino, the CEO and Founder of Veterans Choice Creations, shared his experience of being prescribed numerous medications for severe pain, stating, 'They had me on a lot of different medications, a lot of gabapentin and the typical combination that the military sees. It turned me into a zombie, I couldn't handle it.' His struggle with medication led him to seek alternatives.
Seafra O'Donovan, a senior marketing executive at Ireland's largest independent radio group, was charged after a €110,000 cannabis seizure at the company's Dublin offices.
We found no evidence any form of cannabis is effective in treating anxiety, depression or post-traumatic stress disorder, which are three of the leading reasons for which cannabis is prescribed. The cannabis medications being administered in these studies were largely oral formulations, such as capsules, sprays or oils. In real life, people typically use smoked cannabis, and there is even less evidence of its effectiveness for mental health.
At a Friday hearing in California, US District Judge Yvonne Gonzalez Rogers said that Musk's use of ketamine will be off limits to OpenAI's legal team and its CEO Sam Altman as the case is set to go to trial next month, Bloomberg reports, which will likely save Musk from heaps of further embarrassment.
During the inspection, deputies observed cannabis and THC products displayed for sale on the shop's front counter and in a storage room behind the sales counter. Investigators ultimately seized 84.6 pounds of cannabis and THC products, including 15 pounds of cannabis flower, 63.2 pounds of edibles and 6.4 pounds of vape products, according to the Sheriff's Office.
An analysis released Thursday by the Office of Cannabis Management claims that, without action, the shortage of flowered marijuana could reach 365,000 pounds over the next year. Citing the gap between supply and demand, OCM Acting Executive Director John Kagia said the state could issue licenses for 100 additional pot growers this year - while allowing dozens of existing cultivators to grow more flower.