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Jan 25, 2024
MedMen Loses Another CEO
MedMen, the failing chain of cannabis dispensaries with a history of gross mismanagement behind it, and most likely a crash-and-burn directly ahead of it, is going through CEOs like Oakland goes through police chiefs. On Wednesday, the...
Jan 23, 2024
California’s Illicit Cannabis Market Dwarfs the Legal One
The California Cannabis Enforcement Task Force has seized more than $312 million in unlicensed cannabis in its first full calendar year of operations, but the illicit market still dwarfs the regulated market due to high taxes and regulations.
Jan 16, 2024
Jimmy Kimmel’s ‘Who’s High?’ Segment Normalizes Cannabis Use
Jimmy Kimmel's "Who's High?" segment on his late-night talk show provides evidence that people high on weed are perfectly functional humans, and that the effects of pot vary from person to person.
Jan 9, 2024
DEA Considers Reclassifying Cannabis, Boosting Legal Industry and Research
The DEA is considering a recommendation to reclassify cannabis as a Schedule 3 narcotic, which would provide a big boost to the legal-cannabis industry and make it easier for federal lawmakers to vote to legalize.
Jan 2, 2024
Cannabis in 2023: Progress, Setbacks and Scandals
Cannabis industry growth continued in 2023, despite setbacks and resistance from prohibitionists, with several notable stories including the Biden administration's advising the reclassification of cannabis as a Schedule III drug, the ongoing battle over Delta-8 THC, the alleged fraud of Cookies and implosion of distributor Herbl.
Dec 26, 2023
Federal Illegality of Weed Crimps Business for Legal States
California's Attorney General Rob Bonta has determined that interstate commerce of cannabis is too risky until federal law is changed, preventing California's legal pot industry from benefiting from lower prices and greater efficiency.
Dec 19, 2023
Psychedelics Legalization is at an Inflection Point
California cities are legalizing or decriminalizing psychedelics, while the state government has yet to follow suit, and Rep. Scott Wiener is pushing for an approval of psychedelics for therapeutic use.