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Cannabis News Today – June 7th, 2024

Redecan Cannabis Introduces New Top-Shelf Flower: Purple Churro

Redecan Cannabis has introduced a new top-shelf flower strain called Purple Churro. This premium product promises a unique flavor profile and high potency.

Jamie Mendola Resigns from Glass House Brands’ Board of Directors

Glass House Brands Inc. (OTCQX: GLASF, GHBWF) (CBOE CA: GLAS.A.U, GLAS.WT.U) has announced the resignation of Jamie Mendola from its Board of Directors. The company has not yet named a successor.

Canopy Growth Establishes $250 Million Market Program

Canopy Growth Corporation (TSX: WEED, NASDAQ: CGC) has launched a $250 million market program aimed at enhancing its financial flexibility. The initiative is designed to support the company’s strategic growth plans.

Washington State’s New Law Exempts Certain Medical Cannabis from 37% Tax

A new law in Washington State that exempts certain medical cannabis purchases from the hefty 37% excise tax has come into effect. This measure aims to make medical cannabis more affordable for patients reported by Marijuana Moment.

Breckenridge Distillery Achieves Double Gold at 2024 NY International Spirits Competition

For the second consecutive year, Breckenridge Distillery, a subsidiary of Tilray Brands, Inc. (NASDAQ: TLRY, TSX: TLRY) has secured a Double Gold medal at the New York International Spirits Competition. This prestigious award underscores the distillery’s commitment to quality and excellence.

New Hampshire Reaches Agreement on Marijuana Legalization Ahead of Deadline

In a significant development reported on Marijuana Moment, New Hampshire’s conference committee has reached a deal on marijuana legalization just ahead of the legislative deadline. This agreement marks a critical step towards legal cannabis in the state.

Slovenia Set to Vote on Cannabis Legalization Measures This Weekend

Slovenia is set to hold a vote on cannabis legalization ballot measures this weekend. The outcome could potentially pave the way for legal cannabis in the country, as reported by Marijuana Moment.

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