Hemp crackdown in Texas has impact nationally

NBA analyst Steven A. Smith had some advice for Philadelphia 76ers coach Nick Nurse: Watch for yourself.

Texas bill looks to tamp down hemp ✖️

SB 3 in Texas aims to make hemp-derived THC products a felony. On X, the folks at Cornbread Hemp called on their Texas friends to help fight the bill. Within their call to action, they said, “SB 3 would ban our ability to ship full spectrum hemp products to customers in Texas. In fact, it would make it a felony!” See their full post. 

Beacon Securities drop coverage of several MSOs 📉

Last week, Beacon Securities announced it was dropping their coverage of Ascend, AYR Wellness, The Cannabist, and Jushi. Jesse Redmond of the Higher Exchanges podcast shared the news on X. 

More from the Pennsylvania cannabis market 🚚

As cannabis takes center stage in Pennsylvania — with possible legalization on the horizon (hopefully) — PA-based media outlets are taking a deeper dive. WESA, Pittsburgh’s NPR News Station took a look at how cannabis gets from Point A to Point B in PA.

New Jersey’s cannabis market continues to grow 📈

New Jersey’s market is quietly humming along, with last year’s adult-use sales nearing $800 million. MJBizDaily took a look at smaller, non-MSO companies setting up their New Jersey footprints.  

The cannabis banking landscape has evolved.

Cannabis businesses now have more banking choices than ever, but how do you determine the right fit?

Cultivated and Shield Compliance are hosting a webinar that will explore how cannabis-related businesses can assess their banking relationships, understand what financial institutions look for in clients, and make informed decisions about their banking partners.

Join us Thursday at Noon Eastern.

Alabama State University launches cannabis certificate program 🚀

Along with our friends at Green Flower, Alabama State University has announced that they will become the first Historically Black College and University to offer a cannabis certificate program. 

Canopy Growth issuing $200 million of shares 💰

On Friday, Canopy Growth announced it was issuing up to $200 million of shares after establishing a new at-the-market equity program (ATM Program). See the full release from Canopy Growth.

Music genius Billy Strings had a funny moment caught on camera. At the very moment he was asked about how he stays relaxed as he plays, his vape pen fell from his lap. It’s a great moment, have a watch. 

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How Reddit became the best place in America to learn how to quit smoking weed | SFGate

Setting the Stage for Better Education on Cannabis Use | Mt. Sinai Research

Cannabis Buzz Is Wearing Off for Industry’s Private Lenders | Wall Street Journal ($)