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San Diego marijuana firms object to new regulatory proposals

San Diego cannabis business executives are criticizing newly proposed cultivation, manufacturing and testing rules that the City Council put forward last week, saying they are overly strict.

The executives singled out a proposed cap that would limit the number of grow and manufacturing companies to 18 in the city, the San Diego Union-Tribune reported.

Also, each of San Diego’s nine City Council districts would have its own cap of two cultivation and manufacturing businesses.

Critics said the cap would undermine the city’s goal of producing its own cannabis supply, and could trigger a product shortage, the paper

San Diego marijuana firms object to new regulatory proposals is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Canadian cannabis grower to trade on Toronto Stock Exchange

Aurora Cannabis Inc. will become the fifth marijuana company on the Toronto Stock Exchange when its shares begin trading there Monday, the latest sign that Canadian MJ businesses are joining the mainstream.

Vancouver-based Aurora joins Aphria, Canopy Growth, CanniMed Therapeutics and MedReleaf on the TSX, Canada’s largest exchange. The five companies have a combined market capitalization of over 4 billion Canadian dollars ($3.2 billion). 

Aurora – whose Aurora Cannabis Enterprises subsidiary

Canadian cannabis grower to trade on Toronto Stock Exchange is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Washington state’s marijuana advertising rules commence

Advertising will become even more difficult for marijuana businesses in Washington state this weekend when new restrictions take effect.

Starting Sunday, cannabis businesses statewide must start following advertising rules primarily intended to protect children from marijuana, TV station King 5 reported.

The law mandates that marijuana signage must clearly denote that MJ products are for people 21 and older, and can’t contain images of cannabis plants or movie or cartoon characters, according to King 5.

Marijuana businesses are allowed to attach a maximum of two outdoor signs to a building or other structure, the Seattle station

Washington state’s marijuana advertising rules commence is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Week in Review: Canadian premiers mull recreational marijuana delay, Uruguay begins adult-use sales & Hawaii’s MMJ still on hold

By Matt Lamers, John Schroyer and Bart Schaneman

Canada’s provinces consider delaying the launch of the nation’s recreational marijuana industry, adult-use cannabis goes on sale in Uruguay, and Hawaii’s health department stalls the country’s medical MJ market.

Here’s a closer look at some notable developments in the marijuana industry over the past week.

Rec delay in Canada?

An executive for one of Canada’s biggest marijuana producers isn’t losing sleep over talk by provincial premiers that they may seek a delay in the rollout of legal adult-use cannabis beyond the federal government’s target date of July 2018.

In

Week in Review: Canadian premiers mull recreational marijuana delay, Uruguay begins adult-use sales & Hawaii’s MMJ still on hold is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Federal agents meet with Colorado officials on cannabis policy

Four federal agents visited Colorado this week to meet with public officials about the state’s marijuana policy and oversight.

The delegation included representatives from the U.S. Department of Justice, the Office of National Drug Control Policy, the Domestic Policy Council and the State Department, the Denver Post reported.

The group sat with “nearly two dozen state officials for a 2½-hour meeting” Tuesday regarding the state’s MJ system.

“Our purpose was to convey to them the strength of our regulatory system and our enforcement system and our policies and practices,” Mark Bolton, Gov. John Hickenlooper’s marijuana adviser, told

Federal agents meet with Colorado officials on cannabis policy is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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California seeks to avoid recreational marijuana shortage

California is taking steps to prevent a product shortfall when the state’s recreational marijuana program launches Jan. 2.

The state plans to provide temporary, four-month licenses to some marijuana growers, testing labs and distributors to ensure there will be enough product to keep retailers supplied, the Los Angeles Times reported.

California’s decision was prompted by a supply shortage in Nevada after the state launched its recreational program July 1.

Nevada’s shortfall stemmed from a dispute over distribution of adult-use cannabis and resulted in higher wholesale prices and a negative impact on the state’s

California seeks to avoid recreational marijuana shortage is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Canadian provinces may seek delay in recreational cannabis rollout

Canada’s premiers said they will request more time to launch their recreational marijuana industries if the federal government doesn’t address several outstanding issues this year – including concerns over supply and the black market.

The move threatens to derail the timing of Canada’s plans to launch a recreational cannabis industry next summer, which could create challenges for businesses and entrepreneurs hoping to capitalize on the new market.

But Prime Minister Justin Trudeau told reporters immediately after the premiers released their statement Wednesday that the country will stick to its initial timeline.

The federal government also recently revealed it has a

Canadian provinces may seek delay in recreational cannabis rollout is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Raid on Los Angeles marijuana grow has Teamsters up in arms

A raid by local police on a marijuana cultivation facility in Los Angeles has a chapter of the International Brotherhood of Teamsters crying foul.

A spokeswoman for Teamsters Joint Council 42 called the raid on THC Design “ridiculous,” according to a news release.

THC Design runs three cultivation operations in the L.A. area, according to the release, and has been raided twice since April.

In the latest raid, law enforcement agents seized cannabis plants based on an allegation the company was stealing power to fuel the grow. The raid resulted in a $2 million loss for THC

Raid on Los Angeles marijuana grow has Teamsters up in arms is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Alaska recreational marijuana shop owners eye tourists in push for onsite consumption

By Bart Schaneman

Alaska’s recreational marijuana business owners are fighting for the right to outfit their shops with a separate space to accommodate full consumption, including smoking, on their premises.

The move is largely designed so they can offer the 1 million-plus tourists who visit the state every year a place to consume cannabis.

After months of rec business owners quibbling with the state’s Marijuana Control Board during public comment sessions over how onsite consumption should look, the panel finally voted to start drafting the regulations.

If those rules are finalized, the Last Frontier would become the first

Alaska recreational marijuana shop owners eye tourists in push for onsite consumption is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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