Republican Lawmakers Want Biden to Reclassify Cannabis

Republican lawmakers are asking President Joe Biden to keep his promise and reschedule cannabis under the Controlled Substances Act. Yes, you read the lede right. Republicans are asking Biden, a Democrat, to reschedule weed once and for all. Representatives Dave Joyce (R-OH) and Don Young (R-AK) both serve as co-chairs of the Congressional Cannabis Caucus. They […]

MedMen Announces $100M Equity Investment On Heels Of Tilray Buying Its Convertible Debt

Cannabis retailer MedMen Enterprises Inc. (CSE:MMEN) (OTCQX:MMNFF) has secured $100 million in financing through a private placement of its units. Investors, led by Serruya Private Equity, agreed to purchase $100 million of the Los Angeles-based company’s units at a purchase price of $0.24 per unit. Under the transaction, each unit issued to certain investors consists […]

Swedish Musician Tove Lo Unveils New Cannabis Beverage

Swedish musician and cannabis aficionado Tove Lo announced her partnership with a cannabis beverage company to make an infused drink called Passion Peach Mate. In a press release on August 18, the electro-pop artist shared that she’s working with Cann, a California infused beverage company, as well as Sweet Flower and Airfield Supply Company to […]

Half Of Americans Have Tried Marijuana, New Gallup Poll Finds

Nearly half of American adults have tried marijuana, according to a new poll from Gallup, and more than one in ten say they actively smoke cannabis. The research institution has been surveying people about trying marijuana since the early 1970s, and for decades the percentage of Americans who said they’ve done so remained in the […]

Consumption Lounges on the Horizon for Nevada | High Times

By the middle of next year, Nevada is poised to offer a new type of venue to get high. State lawmakers on Wednesday approved funding for the Nevada Cannabis Compliance Board to oversee so-called “cannabis consumption lounges” there. Members of the Interim Finance Committee “unanimously approved three items that will provide the [Cannabis Compliance Board] […]