Category: Business

White House Pushes Congress To Keep Hemp CBD Products Legal By Amending Broad Ban That’s Set To Take Effect Later This Year

The White House is making it clear that President Donald Trump wants Congress to take action to amend a law that threatens to federally recriminalize hemp-derived full-spectrum CBD products in November. The administration “welcomes the opportunity to work with the Congress to, at a minimum, update the statutory definition of final hemp-derived cannabinoid products to […]

They Already Ruined Cannabis. Now Psychedelics Are Next.

The clinical evidence is real. The valuations are not. Compass Pathways: $560 million market cap, zero revenue. MindMed: up to $2 billion, zero revenue. Even Ozempic lost half its value with $49 billion in real sales. When this bubble pops, the casualties won’t be on Wall Street. They’ll be the patients this medicine was supposed […]

How Magic Garden’s Loosie Became a Multi-Cup Winner

The Tri-State brand built its reputation one pre-roll at a time. Now, after multiple Cannabis Cup victories and recognition from MJ Unpacked, Magic Garden Botanicals is proving that consistency still matters. In a young cannabis market crowded with new brands and bold promises, earning consumer loyalty is one thing. Earning industry recognition is another. Magic […]

WNBA Removes Marijuana From Banned Substances List And Sets Rules For Player Endorsements Of Hemp CBD Products

The WNBA has officially removed marijuana from its prohibited substances list while also laying out rules for how players can invest in and promote cannabis companies. At the same time, however, the women’s basketball league is also adding several psychedelics to the list of banned drugs. As part of negotiations between the Women’s National Basketball […]

Wisconsin governor candidates pledge cannabis action if elected (Newsletter: June 4, 2026)

VA marijuana push heats up; IA gov signs medical cannabis expansion; WY AG objects to rescheduling; PA medical cannabis in hospitals bill passes Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know which cannabis stories are shaping the day. Your support makes Marijuana Moment […]

Virginia Cannabis Commission Holds First Hearing Following Governor’s Veto Of Bill To Legalize Recreational Sales

Virginia lawmakers are gearing up for a push to include provisions to legalize recreational marijuana in budget legislation this month despite the governor’s veto of a proposal to enact the reform just weeks ago. The effort was a topic of discussion at the first meeting of the legislature’s Joint Commission to Oversee the Transition of […]

Meet Micro TDH, the Venezuelan Artist Putting Older Women Smoking Weed in His Music Videos

In the music video for “Ram Pam Pam,” Venezuelan artist Micro TDH put older women smoking weed front and center. Asked about it, he doesn’t push a position. He describes one: “It’s part of my day-to-day. I’m just reflecting my lifestyle.” Fernando Daniel Morillo Rivas, known as Micro TDH, is one of the more interesting […]

Wisconsin Democratic Governor Candidates Promise To Advance Marijuana Legalization And Protect Hemp In 2027

Most of the contenders for Wisconsin’s Democratic gubernatorial nomination appeared at a forum hosted by a cannabis reform group on Tuesday, making pledges to advance the cause of legalization if elected even in the face of potential opposition from Republican legislative leaders. The event, hosted by the Wisconsin Coalition for Cannabis Reform (WCCR), featured six […]

Amendments to save hemp THC from ban are blocked in Congress (Newsletter: June 3, 2026)

DEA sued over cannabinoid stance; VA gov talks marijuana veto; KY gov expands medical cannabis conditions; LA gov complains about marijuana smell Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know which cannabis stories are shaping the day. (function() { window.mc4wp = window.mc4wp || […]

Amendments To Keep Hemp THC Products Federally Legal Won’t Get Votes After Congressional Committee Blocks Them

A powerful congressional committee is blocking amendments to prevent a scheduled federal ban on hemp THC products from taking effect in November. The House Rules Committee on Monday determined that several separate proposals will not be allowed to advance to floor votes. One proposal, from Rep. Andy Barr (R-KY), would have kept many hemp products […]

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