This Bill Could Make Smoking Weed Near Children Illegal In NY And Latest Cannabis Updates In CA, AL & AK
Portfolio Pulse from Jelena Martinovic
A bill in New York seeks to make smoking marijuana near children illegal, with increased penalties for repeat violations. Three new cannabis retailers have been approved to operate in the state. In Alabama, a former lawmaker is urging the Alabama Medical Cannabis Commission to issue medical cannabis licenses. In California, the Department of Fish and Wildlife has seized over 98,000 illicit cannabis plants in the last three months, focusing on large, unlicensed cultivation sites. A new law in Alaska consolidates the regulation of intoxicating hemp products with existing marijuana industry regulators, increasing taxes and enforcing a minimum purchase age of 21.

October 10, 2023 | 7:24 pm
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Verano Holdings Corp. is involved in a defamation lawsuit against the Alabama Medical Cannabis Commission. The outcome of this lawsuit could impact the company's operations and reputation.
Verano Holdings Corp. is involved in a lawsuit against the Alabama Medical Cannabis Commission. Legal disputes can lead to financial losses, damage to reputation, and potential disruptions in operations. Therefore, this news could negatively impact the company's stock price in the short term.
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