Global Cannabis and CBD News Roundup YouTube
Hi,

Florida’s effort to put recreational marijuana on the 2026 ballot advanced after the state Supreme Court signed off on the summary language for their petition drive. I’m optimistic though Governor Desantis has made it harder for citizen initiatives to get on the ballot. A report warns that U.S. medical cannabis markets could be in serious trouble after the Trump administration rolled back key federal protections, while some think Trump will be an advocate for the industry. Time will tell. And a federal court ruled that cannabis businesses can’t claim Employee Retention Credit (ERC) tax refunds, because federal law still classifies them as illegal. It’s a good thing we didn’t send out the ERC advertisement we were thinking about. ;)

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Enjoy your week!
Jessica

Weekly News
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With Enough Signatures, Cannabis Amendment Will Be Reviewed by Florida Supreme Court More at tallahassee.com...
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US State Medical Cannabis Markets in ‘Dire Jeopardy’ as Federal Protections Dropped More at businessofcannabis.com...
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Cannabis Companies Ineligible for ERC Tax Refunds, Federal Court Rules More at mjbizdaily.com...
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Gov. Abbott Signs Bill Directing Texas to Invest $50M in Psychedelics Research More at fox7austin.com...
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The Hidden Immigration Risks of Cannabis Employment: What You Need to Know More at cannabisbusinesstimes.com...
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One of California’s Most Expensive Licenses Is Now Basically Worthless More at sfgate.com...
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What Canada’s Legal Cannabis Market Can Teach U.S. Producers and Policy Makers More at cannabisbusinesstimes.com...
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Cannabis Industry Insiders Bullish on Federal Reform under Trump More at mjbizdaily.com...
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US Spending Bill Takes Aim at Cannabis Rescheduling Project More at businessofcannabis.com...
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Facebook And IG Stopped Censoring Search Results For ‘Cannabis’ And ‘Cannabis’ More at marijuanamoment.net...
Cool Finds
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Amanda Feilding Fought to Rescue the Reputation of Psychedelics More at economist.com...
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Vital Drugs for Cancer Patients in Short Supply in Iran Because of U.S. Sanctions (5 Year Ago) More at youtube.com...
Stocks and Startups Briefs

06/13/25
4Front Ventures (CSE: FFNT) (OTC: FFNTF) files for bankruptcy in Canada
Advanced Flower Capital Inc. (Nasdaq: AFCG) announces dividend for the Q2 2025
AYR Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) update on delay of Q1 2025 interim financial filings

06/11/25
Planet 13 Holdings Inc. (CSE: PLTH) (OTCQX: PLNH) announces results of annual general meeting
Rafael Holdings, Inc. (NYSE: RFL) reports Q3 fiscal 2025 financial results

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