Jelena Martinovic

Jelena Martinovic

Benzinga Editor

Executive Changes In Cannabis Industry You Should Know About, New Appointments & More
Shareholders of four cannabis companies held their respective annual meetings, electing nominees as board directors.Sandy Li, who has been serving at cannabis edibles producer Wana Brands since 2022 as CFO joined Viridian Capital Advisors's advisory board. David Vautrinas was appointed to serve as chief retail officer of RIV Capital.
Tyson's Weed Accessory Shop In Amsterdam, Oregon's Psilocybin Center, Trulieve Ramps Up In Florida And New Places To Buy Marijuana
As support to legalize recreational cannabis is growing in Florida, medical cannabis giant Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) continues to ramp up its retail footprint statewide.ast week, cannabis retail shop Island Time reopened following a legal saga around Massachusetts' stringent regulations prohibiting the transportation of cannabis products across state territorial waters. The Prairie Island Indian Community located in Southeastern Minnesota soft-launched cannabis sales at Island Pezi cannabis dispensary.Kaya Holdings, Inc. (OTCQB: KAYS) announced on Tuesday that its licensed psilocybin treatment center in Portland, Oregon, The Sacred Mushroom will open for business on Friday, July 5, 2024. The company said psilocybin treatments will be available immediately to eligible guests.
North Dakota Cannabis Legalization Initiative Garners Enough Signatures For November Ballot, Activists Say
New Economic Frontier, which is behind the push to legalize marijuana in North Dakota, said on Tuesday that the campaign has hit the goal of garnering enough signatures to place the initiative on the November ballot, reported Marijuana Moment.The deadline to submit the signatures to the state is Monday, July 8.
Majority Of North Dakotans Are Against Legal Weed, New Poll Finds
The signature gathering for a 2024 ballot measure petition to legalize recreational cannabis in North Dakota has been underway for over two months. However, a new poll showed that most voters are against the policy change.More precisely, 57% of those asked said they oppose the cannabis reform, while 43% are in favor, according to a survey of 500 likely voters completed by Opinion Strategies on behalf of the Brighter Future Alliance.
Is Third Time The Charm? Nebraska Medical Marijuana Campaign Needs 12,000 More Signatures By July 3 Deadline
Recent polls have shown that Nebraskans are ready to embrace legal medical marijuana, yet a campaign to enact the reform needs more signatures as the July 3 turn-in deadline looms.According to Nebraskans for Medical Marijuana (NMM) Campaign Manager Crista Eggers, they're still in the game, but "we are down to the absolute wire." That said, she urged the community to join the effort, emphasizing that they still need 12,000 more signatures to reach the set goal. For the initiative to appear on this year's ballot NMM has to submit 87,000 verified voter signatures at least for two petitions to the Secretary of States Office.
GOP Lawmaker In N Carolina Calls Cannabis 'A Gateway Drug' Despite State Reform Approval, Illegal Weed Sales Flourish In Trenton NJ And More Updates
The GOP-dominated North Carolina Senate passed legislation to legalize medical marijuana while imposing stringent controls on hemp-derived products recently. However, the members of the state's General Assembly haven't taken up the measure yet.One of the scarce medical cannabis operators in Alabama is running its cultivation facility in the town of Goshen, where roughly 1,000 marijuana plants are being grown behind high-security fences, cameras, and warning signs. CRC of Alabama, LLC was one of the first companies to get awarded a license to cultivate, process, transport, test, and sell medical marijuana products, as the state cannabis regulator was stuck in a legal battle around the license allocation process.Much like in neighboring New York, the New Jersey capital of Trenton is experiencing a growing number of illegal cannabis stores, and Reed Gusciora, the city mayor is aware of it, as reported by Green Market Report's John Schroyer.
'Fake Weed' Gummies, Vape Pens And Other Hemp Products Banned In South Dakota Where Majority Opposes Recreational Cannabis
A law that bans the sale of unregulated hemp products in South Dakota took effect on Monday, some three months after Governor Kristi Noem (R) signed it into law.the measure from Rep. Brian Mulder (R) made The sale of all Delta-8, Delta-10, THC-O, HHC and THC-P products and other unregulated THC products illegal statewide and treated as a Class 2 misdemeanor. Hemp Quarters 605, a shop where such products can be purchased, took legal action in June to fight the new law. The Pierre-based business filed a lawsuit U.S. District Court in South Dakota challenging the constitutionality of the new law and asking for an issuance of a preliminary injunction to put a pause on the enactment of the bill.According to the lawsuit, by meddling with the sale of federally legal products across state lines, the state would violate the U.S. Constitution's commerce clause.
Cannabis Patents For Pancreatic And Breast Cancers To Get A Review, CBIH Works On Treatment For Other Serious Conditions
As rates of pancreatic and breast cancer increase among the population, Cannabis Bioscience International Holdings (OTCMKTS: CBIH) opted to address the infamous trend with new treatment methodologies. The Houston-based company submitted its inaugural pair of patents, targeting those with breast and pancreatic cancers, for legal review and subsequent registration."Given the stark statistics associated with these cancers, our team recognizes the critical need for aggressive yet targeted interventions," Jennifer Salguero, PhD in Science with emphasis on Microbiology, said."We aim to not only target the tumors but also safeguard surrounding tissues, leveraging the inherent antitumor properties of cannabinoids."
Method Man's Weed Products Arrive In Illinois, Here's Where To Find Them
TICAL Official, a cannabis brands led by Method Man, a rapper, actor and entrepreneur, announced on Friday its adult-use availability in Illinois. That's in partnership with Flora Arbor LLC, launching with the Judgement Day, Love Jones, and The Method lyrical edition strains."Illinois is the third largest cannabis market in the US and we're honored to be the exclusive manufacturer and distributor of TICAL Official products in Illinois," Anthony Carpino, CEO of Flora Arbor, said. "We plan on launching TICAL with Black-owned, minority-owned, and female-owned dispensaries."
Delaware's Fast-Track Marijuana Bill Heads To Governor, No Psilocybin Therapy For California Vets And First Responders & More Cannabis Updates
The members of the Delaware Senate gave the green light to a measure that seeks to kick off recreational cannabis sales in medical marijuana dispensaries that already operate. The measure previously advanced through the Delaware House of Representatives, and is now heading to Governor John Carney for a review, reported Marijuana Moment.
Here's Where To Buy Legal Weed: Florida Operators Ramp Up For Potential Legalization, New Cannabis Stores Launching Sales
In Florida, where a ballot initiative to legalize recreational marijuana this coming November is drawing unprecedented financial support, two new stores kicked off medical cannabis sales recently.C3 Industries Inc. kicked off the sale at its ninth dispensary in Missouri and 25th store nationwide on Friday. AYR Cannabis Dispensary, owned by AYR Wellness Inc. (CSE: AYR.A) (OTCQX: AYRWF) has kicked off sales at AYR Cannabis Dispensary Hometown, its third retail location in Illinois and 92nd nationwide.High Tide Inc. (NASDAQ: HITI) (TSXV: HITI) (FSE: 2LYA) said that its Canna Cabana retail cannabis store at 40 Great Plains Road, Emerald Park, Saskatchewan.
Cronos' New Cannabis Products To Help You Breeze Through Summer
Cronos Group Inc.'s (NASDAQ: CRON) (TSX: CRON) Spinach brand is expanding its portfolio of cannabis products just in time for the summer months.The Toronto-based company revealed new flavors and formats from its SOURZ by Spinach edibles and a premier milled flower product.
California Lawsuit Takes Aim At Cannabis 'Lab Shopping' As Dangerous Pesticides End Up In Popular Weed Products
California-based Shield Management has allegedly "lab shopped" to camouflage that it has sold tainted products. As reported by Green Market Report's Debra Borchardt, 23 of its products failed tests, as the company engaged a lab that turned "a blind eye to pesticide contaminants so that failed products can continue to be sold."Kayla Esmond, the plaintiff in the lawsuit filed earlier this month in the Superior Court of the State of California, County of Orange, claimed it has independently tested the products from the West Coast Cure and Phire, only to find they contain the contaminants.
Cannabis Company 4Front Announces Broker Offering Of Up To $3.6M In Units, Here's Where The Money Will Go
4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) announced on Thursday it seeks to secure roughly CA$5 million ($3.65 million) in financing. The Phoenix, Arizona-based company said that it has entered into an agreement with Eight Capital, as lead agent and sole book-runner, on behalf of a syndicate of agents to be formed, to act as agents on a "best efforts" basis to sell up to 47,620,000 of its units at CA$0.105 per unit for gross proceeds of up to CA$5,000,100.The company said it plans to utilize the net proceeds of the offering to buy equipment, inventory, cultivation inputs, and additional retail licenses and complete the buildout of its new retail locations.
Congressman Earl Blumenauer On NCAA's Removal Of Cannabis From Banned Substances List
The NCAA regulators gave the green light to take off cannabis from the banned drug substance list for championships and postseason participation in football, as first reported by the Associated Press.On Tuesday, the NCAA Division I council also put an end to a limit on the number of football staffers who can work with players on the field. Previously the limit implied head coach and 10 assistants.The council's focus is on the health and well-being of student-athletes instead of punishment for using cannabis, Illinois athletic director Josh Whitman said.
Cannabis Recall In California After Investigation Finds Dangerous Pesticides In Popular Weed Products
California cannabis regulator opted to recall certain THC oil vape cartridges sold statewide across 106 retail locations, due to containing dangerous levels of a dangerous pesticide, reported Newsweek.The recall, published by the California's Department of Cannabis Control (DCC) on Tuesday is prompted by a joint investigation by The Los Angeles Times and cannabis industry newsletter WeedWeek.
CBD Products For Sale At Walmart, Charlotte's Web Topicals Are On The Shelves In These Five States
Charlotte's Web Holdings, Inc. announced Wednesday that its hemp-derived CBD products are now available at Walmart. Starting in June, consumers will find topical products in 827 Walmart stores across five states including California, Illinois, Florida, Texas, and Pennsylvania. Walmart is the world's largest retailer domestically and internationally, with sales reaching $161 billion in Q1 2024.
Simply Solventless To Acquire CannMart As It Seeks To Expand Into Hydrocarbon Cannabis Concentrates
Simply Solventless Concentrates Ltd. (TSXV: HASH) is acquiring Lifeist Wellness Inc.'s (TSXV: LFST) (FRANKFURT: M5B) (OTCMKTS: LFSWF) subsidiary CannMart Inc.The Calgary, Alberta-based company said on Wednesday that it has entered into a services agreement regarding the operations of CannMart and a share purchase agreement with Lifeist Wellness Inc. to acquire all of the shares of CannMart.
Latest Key Hires & Board Changes In Cannabis Industry: Canopy Growth, Acreage And More
s Benzinga Cannabis Capital Conference returns to Chicago this Oct. 8-9 its 19th edition, gathering top CEOs, investors and investors and leaders in the cannabis industry, let's scroll through the latest leadership changes in the space.Kicking off with Margaret Brodie, CEO of Rubicon Organics Inc. (TSXV: ROMJ) (OTCQX: ROMJF), who has recently been nominated as an EY Entrepreneur Of The Year 2024 finalist in Pacific. The company shared the news in an X post earlier in June. Canadian cannabis giant Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) recently appointed Ryan Keith, a senior commercial leader with over two decades of experience in the healthcare and pharmaceutical sectors as head of clinics. Cannabis multi-state operator Acreage Holdings, Inc. (CSE: ACRG.A.U, ACRG.B.U) (OTCQX: ACRHF, ACRDF) reported last week that it has tapped Rebecca Kirk to serve as its chief operating officer.
Recommending CBD-Based Treatment To Terminally Ill Cancer Patient Cost This UK Doctor His License
A recommendation to a terminal cancer patient regarding a treatment that included CBD has costed a UK physician his medical license. According to a disciplinary panel at the Medical Practitioners Tribunal Service (MPTS) in Manchester, Dr Julian Kenyon, 77 tried to "exploit" a patient suffering from stage-four metastatic prostate cancer and charge him £33,000 ($41,650) for a cannabis-based treatment program that was unlicensed.