Cannabis News

California’s cannabis industry is facing severe credit issues that threaten its stability, with unpaid invoices and outstanding debts posing significant challenges to operators of all types across the state. In response, a coalition of cannabis industry players has formed the Financial Stability for California Cannabis (FSCC) to raise awareness and offer solutions to the crisis. […]

In a recent development, the Florida House has successfully passed a comprehensive hemp bill that introduces an age limit of 21 for hemp products containing THC. However, notably, the approved version of the bill does not include the previously proposed THC caps that were part of the initial draft. The bill, which had already gained

In a significant step towards cannabis reform, the Texas House has passed a cannabis decriminalization bill, aiming to reduce penalties for possession of up to an ounce of flower or concentrates. While fines will still be imposed, the measure represents a smarter approach to cannabis possession under Texas law, signaling a potential shift in attitudes

In a significant development for Florida’s hemp industry, the state Senate has passed a hemp bill that does not include THC caps on products. The proposal, while imposing age limits and packaging regulations, has been received positively by hemp businesses as it avoids potentially damaging restrictions. With over 100,000 employees and $3.5 billion in wages,

Twitter has announced an update to its marijuana advertising policy, allowing certified advertisers to showcase packaged cannabis products in their promoted ad creative. The move comes as a response to feedback from the cannabis industry and aims to provide more opportunities for cannabis companies to promote their brands. The previous policy update in February already