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New Mexico yanks cannabis retailer’s license for selling California product

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New Mexico regulators revoked an Albuquerque adult-use cannabis retailer’s license for unlawfully selling products produced in California.

Regulators accused Paradise Exotics Distro of selling cannabis products clearly marked with a California stamp of origin.

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The store is the first in the state to lose its license, according to a news release from the New Mexico Regulation and Licensing Department.

“This revocation should serve as a warning to those selling or receiving out-of-state cannabis products,” Linda Trujillo, the Cannabis Control Division’s regulation and licensing superintendent, said in a statement.

“Our compliance officers are ramping up inspections and we will work to remove bad actors from within the New Mexico cannabis industry.”

Adult-use sales began in the state April 1, 2022.

The state recorded more than $300 million in sales in the first year.

But in a scene familiar to markets across the country, legal cannabis businesses say

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Long shot adult-use legalization effort launches in anti-marijuana Idaho

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Advocates in Idaho, arguably the least-cannabis-friendly state in the United States, are laying ambitious plans to skip over medical marijuana and go straight to adult use.

At least, that’s the goal of the proposed 2026 ballot initiative that campaign organization Kind Idaho recently filed with Idaho’s secretary of state, according to The Inlander.

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Campaigners would have until April 2026 to collect roughly 70,000 valid signatures from registered voters.

It’s anybody’s guess who might be willing to support such an effort.

Campaigns in 2022 and 2024 failed to get medical marijuana on Idaho’s ballot.

And recent adult-use legalization efforts in red states such as North Dakota and South Dakota have repeatedly failed.

Those were funded by existing medical marijuana businesses, and Idaho has

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Marijuana firms Eaze, Green Dragon find new life after $10 million capital infusion

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Newly rebranded California-based marijuana operator Eaze raised $10 million to acquire select assets of Eaze Technologies, its predecessor company, to fund the reopening of 70 Eaze and Green Dragon locations across California, Colorado, Florida and Michigan.

The now-defunct Eaze Technologies, which purchased Denver-based Green Dragon about three years ago, announced in October that it would close its Colorado and Florida operations.

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Billionaire Jim Clark, founder of defunct tech company Netscape, provided the funding, which was announced Tuesday, and now has controlling ownership of the new entity, Eaze.

CEO Cory Azzalino said the company does not intend to reimagine its business model, which it shifted four years ago from a delivery platform to a plant-touching entity.

“The focus going forward will be continued expansion

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Oregon voters approve pro-labor change to state cannabis law

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Voters in Oregon appear to have approved an organized labor-friendly change to state cannabis law that’s had mixed results in other states.

With more than 80% of ballots counted, 55.7% of state voters cast yes ballots on Measure 119, which will require cannabis operators in the state to submit a “labor peace agreement” to regulators before receiving or renewing business permit, Oregon Public Broadcasting reported.

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The voter initiative’s main sponsor was the United Food and Commercial Workers (UFCW) Local 555, which spent more than $2.8 million on the campaign after a failed attempt to impose a labor peace agreement (LPA) requirement through the state Legislature.

Several other states, most notably California, require cannabis businesses to have an LPA as part of licensing

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