Cannabis News

Cornbread Hemp Achieves Full Vertical Integration to Enhance CBD Product Quality and Lower Prices

Cornbread Hemp Achieves Full Vertical Integration to Enhance CBD Product Quality and Lower Prices

Kentucky-based CBD producer Cornbread Hemp has successfully acquired an unnamed manufacturing partner, completing its transition to full vertical integration. This strategic move positions the four-year-old hemp business to enhance product quality control and offer more competitive prices for its CBD products. CEO Eric Zipperle expressed excitement about the acquisition, emphasizing its significance for Cornbread Hemp’s […]

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Bipartisan Senators Introduce SAFER Banking Act to Ensure Financial Services for State-Legal Cannabis Businesses

Bipartisan Senators Introduce SAFER Banking Act to Ensure Financial Services for State-Legal Cannabis Businesses

A renewed sense of optimism surrounds federal cannabis reform as the SAFE Banking Act is reintroduced as the SAFER Banking Act, signaling a significant step toward enhancing access to financial services for state-legal cannabis businesses. The bill, introduced with bipartisan support in the U.S. Senate, aims to protect financial institutions that provide services to these

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New Jersey Regulators Expand Edibles Market While Issuing Fines to Cannabis Giants

New Jersey Regulators Expand Edibles Market While Issuing Fines to Cannabis Giants

New Jersey’s Cannabis Regulatory Commission has approved a significant expansion of the state’s edibles market, overturning a previous ban on popular THC-infused products like baked goods. The ban had restricted non-smokable cannabis products to items such as syrups, pills, tablets, capsules, and chewables. However, with the recent decision, a broader range of ingestible cannabis goods

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Wyoming Draft Bill Seeks to Ban Hemp-Derived THC Products

Wyoming Draft Bill Seeks to Ban Hemp-Derived THC Products

In Wyoming, a draft bill has been proposed that could potentially ban hemp-derived THC products and any other hemp items intended for human consumption. The bill is part of an ongoing effort to address concerns about the safety and regulation of such products in the state. Under this proposed legislation, all hemp products containing any

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ONE HEMP Study Reveals Safe CBD Upper Intake Limits – A Milestone for the Industry

ONE HEMP Study Reveals Safe CBD Upper Intake Limits – A Milestone for the Industry

In a significant step forward for the CBD industry, a coalition of CBD companies, known collectively as ONE HEMP, has taken the initiative to provide clarity on safe CBD consumption. This coalition’s primary goal is to engage with Congress and the Food and Drug Administration (FDA) to establish regulatory standards for CBD products. Recently, they

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California Activists Push for Psychedelic Mushroom Legalization in 2024

California Activists Push for Psychedelic Mushroom Legalization in 2024

According to the San Francisco Standard, activists in California are working to include a question about the legalization of psychedelic mushrooms on the ballots in 2024. Ryan Munevar, campaign director for Decriminalize California, revealed that the group initially aimed for the legalization of all psychedelics. However, they encountered a significant hurdle: a lack of public

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Maryland Breaks Cannabis Sales Records Nearly $92 Million Sold in August

Maryland Breaks Cannabis Sales Records Nearly $92 Million Sold in August

Maryland’s cannabis industry continues to hit new heights, as the state reported another record-breaking month for cannabis sales in August. According to data from the Maryland Cannabis Administration (MCA), licensed dispensaries collectively sold over $91.7 million worth of cannabis products last month, marking a substantial increase from July’s $87 million in receipts. These remarkable figures

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The Stop Pot Act Freezing Federal Funds for States Allowing Adult Cannabis Use

The Stop Pot Act: Freezing Federal Funds for States Allowing Adult Cannabis Use

In a move that has ignited debates over federal cannabis policy, U.S. Rep. Chuck Edwards (R-NC) introduced the Stop Pot Act last week, a legislation proposal with the potential to impact states and tribes that have legalized adult cannabis use. Under this act, states and tribes allowing or having already legalized adult-use cannabis would face

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Biden Administration Signals Support for Cannabis Reform Moving from Schedule 1 to Schedule 3

Biden Administration Signals Support for Cannabis Reform: Moving from Schedule I to Schedule III

The Biden administration has made a notable statement regarding its stance on cannabis legalization. During a briefing on Friday, White House Press Secretary Karine Jean-Pierre conveyed the administration’s support for the use of cannabis for medicinal purposes. This announcement comes just days after the U.S. Department of Health and Human Services (HHS) issued an unprecedented

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Illinois Breaks Ground with Miracle in Mundelein First Cannabis-Friendly Music Festival

Illinois Breaks Ground with Miracle in Mundelein: First Cannabis-Friendly Music Festival

Illinois is poised to make history with the inaugural Miracle in Mundelein music festival, as reported by WGN9. Set to unfold on September 9-10 in Mundelein, this two-day extravaganza promises to be a game-changer by becoming the very first concert in the state to allow state-approved cannabis consumption. Music enthusiasts and cannabis connoisseurs alike will

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