INDUSTRY NEWS

Featured Sources

Montana close to enacting medical cannabis rules

A bill that would create a seed-to-sale tracking system, licenses, fees and regulations for Montana’s medical marijuana industry is one vote away from moving to the governor.

The Montana House gave preliminary approval to a bill to regulate the medical marijuana industry after voters last November approved lifting restrictions that severely restricted sales of MMJ by dispensaries. The Senate already approved SB 333, which now must pass a final House vote before it goes to the governor.

A key change in the bill by a conference committee will have a direct business impact. Instead of paying a

Montana close to enacting medical cannabis rules is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Read More

Lawmakers approve later hours for Denver marijuana shops

Marijuana retail stores in Denver will be able to stay open an additional three hours, until 10 p.m., starting May 1.

Extending the closing time from 7 p.m. may prove profitable for Denver’s marijuana businesses. Shop owners in Colorado’s largest city have complained they are at a competitive disadvantage because retailers in other parts of the state – including municipalities adjacent to Denver – are permitted by state law to stay open until midnight.

The Denver City County voted 11-2 Monday to approve the later store hours, Denverite reported.

The council bandied about

Lawmakers approve later hours for Denver marijuana shops is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Read More

Marijuana Business Daily President George Jage departs company

George Jage, the president and publisher of Marijuana Business Daily since 2014, has parted ways with the company for undisclosed reasons.

The position will not be filled, but the company plans to make key strategic hires in other areas, said Cassandra Farrington, Marijuana Business Daily’s co-founder and CEO

Farrington declined to discuss specifics of Jage’s departure.

During his tenure at Marijuana Business Daily, Jage helped the company grow its events and news businesses significantly.

“George joined the team prior to the third annual Marijuana Business Conference & Expo, when the industry-leading trade show had seen great success and was set to grow into a much larger

Marijuana Business Daily President George Jage departs company is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Read More

Ohio issues applications for medical cannabis growers

Prospective medical marijuana growers can start applying for a license in Ohio now that the state has begun issuing applications for one of 24 available MMJ cultivation permits.

The Ohio Department of Commerce plans to issue up to 12 licenses for large grows totaling as much as 25,000 square feet of growing space and another dozen for small grows ranging up to 3,000 square feet.

Applicants will be required to meet capital requirements and secure local zoning approval for the proposed cultivation site, the Cleveland Plain Dealer reported.

Applicants who meet the first round of qualifications will be evaluated based

Ohio issues applications for medical cannabis growers is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Read More

Recreational cannabis states prepping for possible federal crackdown

By John Schroyer

California, Colorado and Oregon have begun taking steps to protect recreational marijuana businesses and consumers against a possible federal crackdown under the new Trump administration.

Oregon this month approved legislation to shield the identities of marijuana consumers from federal agents.

Colorado lawmakers are voting on legislation to permit recreational marijuana businesses to reclassify their inventory as medical cannabis – in the event the feds target adult-use businesses.

And California lawmakers are weighing legislation to bar local police from working with U.S. Drug Enforcement Administration agents who go after legal MJ businesses.

Since

Recreational cannabis states prepping for possible federal crackdown is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Read More

Oregon signals more inspections of marijuana cultivation sites

An adviser to Oregon’s Gov. Kate Brown said state inspections of cannabis cultivation sites will become more frequent now that additional facilities have been licensed.

Speaking with local officials in southwestern Oregon, Jeff Rhoades didn’t offer any details about how inspections would be increased, the Grants Pass Daily Courier reported.

According to the newspaper, only 13 cultivation sites were inspected last year in Josephine County – where Grants Pass is the county seat – out of some 2,900 cultivation facilities.

The Josephine County community and economic development director told the Daily Courier her department has a

Oregon signals more inspections of marijuana cultivation sites is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Read More

Second New York medical cannabis firm launches home delivery

Vireo Health, one of the five licensed medical marijuana companies in New York, rolled out home delivery for its patients late last week, reportedly the second in the state to do so.

Vireo, which first obtained permission from the state in January to deliver medical cannabis instead of requiring patients to pick up purchases at storefront dispensaries, has launched its service by offering deliveries in the boroughs of Queens and Brooklyn, as well as in Nassau and Suffolk counties on Long Island, the New York Business Journal reported.

Deliveries will

Second New York medical cannabis firm launches home delivery is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Read More

Alaska orders Anchorage marijuana club to shut down

Marijuana businesses in Anchorage, Alaska, have for years now been pushing the envelope of what’s acceptable by state regulators, and recently they got another answer on one thing that’s not: cannabis social clubs.

The only club in Anchorage, Pot Luck Events, which has been operational since 2015, was ordered to close by the Alaska Alcohol and Marijuana Control Office (AMCO), which said the business was illegal and was risking the wrath of the U.S. Department of Justice, TV station KTUU reported.

The club was in violation of five state codes, AMCO wrote in a letter to Pot

Alaska orders Anchorage marijuana club to shut down is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Read More

Polls: Americans back federal cannabis legalization, states’ rights

Two polls released on – of all dates – “4/20” show that the American public solidly supports national legalization of marijuana as well as states’ rights to legalize and regulate cannabis as they see fit.

A CBS News poll and a study by Quinnipiac University both found that over 60% of U.S. voters support federal marijuana legalization, and an even higher number – 71% and 73%, respectively – oppose any intervention by the federal government to roll back state legalization.

That’s solid political ammunition for the cannabis industry as the Trump administration

Polls: Americans back federal cannabis legalization, states’ rights is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Read More
1 2 3 654