


Oklahoma voters reject legalizing recreational marijuana
OKLAHOMA CITY (AP) — Oklahoma voters on Tuesday rejected the legalization of recreational marijuana, following a late blitz of opposition from faith leaders, law enforcement and prosecutors. Oklahoma would have become the 22nd state to legalize adult use of cannabis…

North Carolina Senate backs legalizing pot for medical use
RALEIGH, N.C. (AP) — The North Carolina Senate voted to legalize marijuana use for medical purposes, giving strong bipartisan support for the second year in a row to an idea that its supporters say would give relief to those with…

Phoena CEO Guyatt steps down, Melissen takes helm of pot company
VAUGHAN, Ont. – Phoena Inc. says chief executive Greg Guyatt has resigned. The Vaughan, Ont. cannabis company says Guyatt's resignation was effective Feb. 24 and comes three years after he joined the business. Guyatt is leaving the company behind the…

Cannabis companies weigh pricing strategies after OCS margin cut
TORONTO – Canopy Growth Corp. will hold its prices as licensed pot producers weigh whether to pass along to consumers the savings from the Ontario Cannabis Store's forthcoming margin decrease. The Smiths Falls, Ont. cannabis company behind the Tweed, Ace…

Ontario Cannabis Store reducing price margins to help pot businesses compete
TORONTO – In a bid to help retailers compete with the illicit pot market, the Ontario Cannabis Store will lower its price margins this fall — but its chief executive warns the move won't solve all the industry's woes. The…

Red states join push to legalize magic mushrooms for therapy
SANDY, Utah (AP) — Shawn Blymiller spent 10 years of feeling mostly numbed while prescribed traditional anti-depressants, trudging through his day-to-day life as a suburban Salt Lake City father of two kids balancing the obligations of family and work selling…

Aurora Cannabis records $67.2 million net loss in second quarter
Aurora Cannabis Inc. announced Thursday that it has completed a transformation plan delivering $340 million in annualized savings since February 2020, but said it still incurred a $67.2 million net loss in its most recent quarter. The plan involved an…

Cannabis company Canopy Growth to lay off 800, close and consolidate some facilities
Canopy Growth Corp. will lay off 800 workers as part of a transformation plan that will see the company close a former Hershey chocolate plant it tookover and consolidate some of its cultivation operations. The Smiths Falls, Ont., cannabis company…

Banning guns for marijuana users unconstitutional: U.S. Federal Judge
OKLAHOMA CITY (AP) — A federal judge in Oklahoma has ruled that a federal law prohibiting people who use marijuana from owning firearms is unconstitutional, the latest challenge to firearms regulations after the U.S. Supreme Court’s conservative majority set new…

Legal recreational pot sales begin for Missouri adults
COLUMBIA, Mo. (AP) — Recreational marijuana sales in Missouri officially last week after the state health department unexpectedly began approving dispensary permits early. Medical marijuana has been legal in the state since a ballot measure passed in 2018, but voters…

Ontario cannabis shop sales data circulating, provincial pot regulators investigate
TORONTO – Ontario cannabis stores are seeing their sales data shared among competitors without approval for at least the second time in a year, sparking concerns for shops competing in an already intense industry. Jennawae McLean, the co-founder of Kingston,…

Psychedelic churches in U.S. pushing boundaries of religion
HILDALE, Utah (AP) — The tea tasted bitter and earthy, but Lorenzo Gonzales drank it anyway. On that frigid night in remote Utah, he was hoping for a life-changing experience, which is how he found himself inside a tent with…

Hong Kong bans CBD, label it a ‘dangerous drug’
HONG KONG (AP) — Hong Kong has banned CBD, categorizing it as a “dangerous drug" and mandating harsh penalties for its smuggling, production and possession, customs authorities announced. Supporters say CBD can treat a range of ailments including anxiety and…

Cannabis company The Green Organic Dutchman Holdings changing name to BZAM
TORONTO – The Green Organic Dutchman Holdings Ltd. is changing its name to BZAM Ltd. The cannabis company says it will also change its ticker symbol on the Canadian Securities Exchange to BZAM. The exact timing of the name change…

Cannabis company Hexo regains compliance with Nasdaq’s minimum bid price requirement
GATINEAU, Que. – Hexo Corp. says the Nasdaq Stock Market LLC has informed the cannabis company that it has regained compliance with minimum bid price requirements. Gatineau, Que.-based Hexo became non-compliant with the requirement when its closing bid price for…



