Cannabis News - NECANN

Maine Credit Union to Cut Off Medical Cannabis Caregiver Accounts by End of July

Cannabis News, Cannabis Business / By kushmediagroup

Maine’s cPort Credit Union is terminating bank accounts held by medical cannabis caregiver storefronts, citing ongoing concerns over regulatory compliance, WMTW reports. The accounts are set to close by July 31. While caregiver storefronts are legal in Maine and permitted to sell cannabis products to patients, they operate under a different regulatory framework than larger […]

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Delaware Hemp Regulation Bill Pulled Following Pushback from CBD Industry and Advocates

Cannabis News, Cannabis Business, Cannabis Legalization / By kushmediagroup

A bill in Delaware that aimed to restrict the sale of intoxicating hemp products and limit cannabis-infused beverages to liquor stores has been pulled by its sponsor, State Rep. Debra Heffernan (D), WHYY News reports. The legislation would have required hemp-derived intoxicants to be sold only at state-licensed cannabis dispensaries and allowed cannabis beverages exclusively

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Maryland Hemp Industry Sues State Over Cannabis Licensing, Product Seizures

Cannabis News, Cannabis Business, Cannabis Legalization / By kushmediagroup

A coalition of Maryland hemp businesses, consumers, and industry advocates has filed a federal lawsuit challenging the state’s cannabis licensing system and enforcement of hemp product regulations, The Baltimore Sun reports. The suit, filed by the Maryland Hemp Coalition, 10 hemp business owners, and consumers, claims that Maryland is unlawfully regulating hemp-derived products that are

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Missouri Hemp Leaders Launch Ballot Initiative to Deregulate Cannabis

Cannabis News, Cannabis Business, Cannabis Legalization / By kushmediagroup

Hemp business owners in Missouri are organizing a new ballot initiative aimed at significantly overhauling cannabis regulations in the state. Spearheaded by Kansas City-based American Shaman and industry lobbyist Eapen Thampy, the proposal seeks to remove cannabis regulation from the state constitution and align oversight more closely with existing alcohol and tobacco laws. “Part of

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Cannabis Substitution Continues to Pressure Alcohol Industry Profits

Cannabis News, Cannabis Business / By kushmediagroup

The rising popularity of cannabis as a substitute for alcohol is putting increasing pressure on the spirits industry, according to Brown-Forman Corporation CEO Lawson Whiting, who cited the trend as one of the top three factors behind the company’s 5% decline in net sales. During an earnings call, Whiting noted that generational shifts, weight-loss drugs,

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Nebraska Hemp THC Ban Proposal Stalls Amid Legislative Uncertainty

Cannabis News, Cannabis In Politics, Cannabis Legalization / By kushmediagroup

A Nebraska proposal to ban most hemp-derived THC products has stalled after State Senator Kathleen Kauth (R) requested that Legislative Bill 316 be “passed over” due to a lack of sufficient support from her colleagues, according to the Nebraska Examiner. The bill aimed to ban the sale of all hemp-derived cannabinoids except cannabidiol (CBD), a

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California Assembly Unanimously Passes Bill to Block 25% Cannabis Tax Hike

Cannabis News, Cannabis In Politics, Cannabis Legalization / By kushmediagroup

In a unanimous 74-0 vote, the California State Assembly passed Assembly Bill 564 (AB564) on Monday, aiming to halt a looming 25% excise tax hike on the state’s legal cannabis industry, CBS News reports. The bill now heads to the Senate for further consideration. The legislation, introduced by Assemblymember Matt Haney (D), seeks to prevent

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Kentucky Bans On-Premise THC Beverage Sales as New Law Takes Effect

Cannabis News, Cannabis Business, Cannabis Legalization / By kushmediagroup

THC-infused beverages can no longer be sold by the drink in Kentucky, as Senate Bill 202 officially takes effect. The new law now limits sales to liquor stores and online platforms only, creating a major shift in how cannabis-infused beverages reach consumers across the state. The bill, signed into law in March, is already drawing

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Cannabis Use Among Older Americans Surges 40%, New JAMA Study Reveals

Cannabis News, Cannabis And Culture / By kushmediagroup

Older Americans are embracing cannabis in record numbers, according to a new study published in JAMA Internal Medicine. The research shows that cannabis use among U.S. adults aged 65 and older jumped more than 40% from 2021 to 2023, signaling a dramatic shift in perceptions and usage among the senior population. The study analyzed data

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North Carolina Governor Supports Cannabis Decriminalization, Forms Advisory Council

Cannabis News, Cannabis Legalization / By kushmediagroup

RALEIGH, NC — North Carolina Governor Josh Stein (D) has voiced clear support for cannabis decriminalization and adult-use legalization, while announcing the formation of a new advisory council on cannabis policy. In an interview with WRAL News, Stein described the state’s current landscape of unregulated THC products as “the wild, wild West.” “Right now it’s

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