News from: Tilray Brands, Arkansas, IM Cannabis and more. The post The Daily Hit: October 2, 2024 appeared first on Green Market Report.

U.S. Sen. Rand Paul, a Kentucky Republican, has introduced a bill in Congress that would raise the THC level on hemp products and lightly regulate them nationally. Congressman introduces bill that would increase THC percentage in hemp is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Despite growing support at the federal level, the process likely won’t be completed until at least 2025. The post Top House Democrats call on DEA for ‘swift action’ on cannabis rescheduling appeared first on Green Market Report.

Specialty marijuana finance company Silver Spike Investment Corp. has closed on a portfolio of loans and changed its name to Chicago Atlantic BDC. Marijuana financier Silver Spike closes on portfolio, changes name & ticker symbol is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

The secretary of state deemed that only 88,000 of the submitted signatures were valid, short of the required 90,000. The post Arkansas cannabis campaign sues state over ballot measure rejection appeared first on Green Market Report.

The property rights will be assigned to the company’s U.S. subsidiary Alera Pharma. The post Lobe Sciences, Alera Pharma get patent for stable psilocybin drug appeared first on Green Market Report.