Cannabis News Today – June 20th, 2024

Welcome to “Cannabis News Today,” your daily summary of significant happenings in the Cannabis Industry.

Delaware Passes Bill for Quick Launch of Recreational Marijuana Sales

The Delaware House has passed a bill to quickly launch recreational marijuana sales by using existing medical cannabis dispensaries. This legislation aims to expedite the introduction of recreational marijuana, boost local economic growth, and promote social equity. The bill prioritizes communities historically affected by cannabis prohibition, ensuring they benefit from legalization. Read all about it on the TDR Website!

Ascend Wellness Expands in Pennsylvania

Ascend Wellness Holdings (CSE: AAWH.U, OTCQX: AAWH) has announced the opening of its fourth medical dispensary in Pennsylvania. Located in Monaca, this new outlet continues This marks Ascend Wellness’s 36th location across seven states, aiming to enhance accessibility for medical marijuana patients in the Pittsburgh area​.

Green Thumb Industries Expands in Florida

Green Thumb Industries (CSE: GTII, OTCQX: GTBIF) has opened its 17th Rise dispensary in New Port Richey, Florida. Green Thumb continues to be an important player in the Florida market, focusing on both medical and potential future recreational cannabis sales.

North Dakota Marijuana Legalization Initiative

Activists in North Dakota are nearing the required number of signatures to place a marijuana legalization initiative on the November ballot. The campaign needs just a few hundred more signatures to meet the threshold, signaling strong support for the legalization effort within the state. If successful, North Dakota could join the growing list of states embracing cannabis reform, first reported on Marijuana Moment. 

Colorado Sues Illegal Hemp Company

The state of Colorado has filed a lawsuit against CBDDY, an illegal hemp company, for violating state regulations. The lawsuit highlights ongoing enforcement efforts to ensure compliance within the hemp industry, aiming to protect consumers and maintain industry standards.

Read more cannabis news on the TDR Website!

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