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- đż NC's Governor Stein is Leading the Cannabis Charge
đż NC's Governor Stein is Leading the Cannabis Charge
GM Everyone,
Things are heating up in NC.
Tune in at 11am.
đž The Tape
North Carolina Governor Josh Stein (D) is riding into the cannabis conversation like a sheriff in a lawless townâready to bring order to what he calls the stateâs âWild Westâ of intoxicating hemp sales.
In a video posted Wednesday, Stein didnât mince words about the chaos he sees unfolding across the Tar Heel State. âToday, all across North Carolina, there are unregulated THC products that are intoxicating available for purchase,â he said. Vape shops, he warned, are selling THC-laced products without age restrictions, labeling standards, or meaningful oversight.
To wrangle this unruly marketplace, Stein recently signed an executive order creating the Advisory Council on Cannabis, a bipartisan task force with a long to-do list. Its mission? Develop a comprehensive cannabis policy that could finally usher in regulated marijuana sales for adults, all while protecting youth, public health, and the state's agricultural roots.
âOur stateâs unregulated cannabis market is the Wild West,â Stein said. âLetâs create a safe, legal market for adults that protects North Carolinaâs children.â
The 30-member council will include lawmakers, law enforcement, health professionals, tribal representatives, and advocates. Their goal is to craft recommendationsâdue in May 2026, with a final report by yearâs endâthat might finally push North Carolina from the prohibition era into the modern cannabis economy.
North Carolina is currently one of the few states without a comprehensive medical marijuana law. Past attempts, like Sen. Bill Rabonâs (R) long-running medical cannabis push, have fizzled in the House. But Stein, formerly the stateâs attorney general, believes nowâs the time to go big, arguing that a full adult-use market can avoid the âgrowing painsâ other states face when transitioning from medical-only systems.
Some legislative movement is already underway. Rep. Aisha Dew (D) filed a robust medical marijuana bill in April, and separate bills to legalize recreational or dual-use cannabis have also been introduced this session.
Still, the path forward runs through a divided legislature. Steinâs plan might get some GOP side-eyeâespecially from Rabon, who insists his medical cannabis support doesnât open the door to broader legalization.
But if Stein gets his way, North Carolina wonât be stuck in neutral much longer. Instead, it may be on the verge of riding into a new frontierâthis time with rules, regulations, and maybe a few fewer vape shops pretending to be pharmacies.
đ Dog Walkers.
$IXHL ( ⌠11.73% ) Shores Up Capital Structure
Whatâs Going On Here: Incannex Healthcare Inc. has successfully canceled all remaining Series A Warrantsâremoving 347.2 million shares of potential dilutionâby raising the full $12.2 million needed through its At-The-Market (ATM) facility. The move clears a major overhang on the companyâs stock and streamlines its capital structure ahead of the anticipated Phase 2 topline data for IHL-42X in July 2025.
CEO Joel Latham emphasized the importance of the action, saying it reflects Incannexâs commitment to âdisciplined capital management and long-term value creation.â With no FDA-approved drug currently available for obstructive sleep apnea, the IHL-42X program is being positioned as a potential first-in-class oral treatment.
NY Issues Major Recall
Whatâs Going On Here: The New York State Office of Cannabis Management (OCM) has issued a statewide recall of multiple products from IndoGrow LLC after tests revealed unsafe pesticide levels. The affected items were initially quarantined due to testing issues with a previously authorized lab. Upon retesting, nine products were flagged for contamination.
Recalled Products and Lot Numbers:
The Force Pre-Roll â SWDV01
Blue Coffee Flower â IC099-001-BC
Blue Coffee Pre-Roll â IC099-BC1-PR
Sour Runtz Flower â IC099-001-SR
Sour Runtz Pre-Roll â IC099-SR1-PR
Cosmic Burst Flower â PPPG01
Oreoz Flower â IC099-001-OR
Oreoz Pre-Roll â IC099-OR1-PR
Secret Formula Flower â IC099-001-SF
These products may also be labeled under Indi, Grow by Indi, Our Creation, or Grow with Us.
What to Do:
Consumers should return all recalled productsâsealed or openedâto the dispensary where they were purchased.
No adverse effects have been reported to date.
Reports can be submitted via the OCM incident form.
The legal tested market seems to work. O wow.
đïž The News
đș YouTube
Why Canadian Cannabis Companies Are Dominating Germanyâs Medical Market | TDR Podcast
What we will cover:
â Host Shadd Dales explores how Canadian producers like Village Farms (VFF), Aurora Cannabis (ACB), and Tilray (TLRY) are quietly leading the charge in Europeâs largest medical cannabis market.
While Canadaâs domestic market remains saturated and cost-constrained, these LPs are leveraging Germanyâs pharmacy-driven system, where EU-GMP compliance, insurance reimbursement, and regulated supply chains create stronger pricing power and real growth potential.
Village Farms, widely seen as the most efficient operator in the space, continues to expand its international footprint. Aurora, meanwhile, is doubling down on its medical strategy in Europe. Tilray still holds significant volume in the German market, but competition is heating up.
Germanyâs recent cannabis reform is starting to shift real momentum toward imports â and Canadian players are positioned to benefit from first-mover regulatory status.