MMJ Business Daily

Changes afoot for two New England medical marijuana programs

Hoping to increase patient access, health officials in Massachusetts have proposed allowing nurse practitioners to recommend medical marijuana to patients. And in neighboring New Hampshire, lawmakers are expected to take up a bill that would liberalize home growing rules for medical cannabis patients and potentially offer some competition to the state’s four dispensaries.

Massachusetts health officials scheduled public hearings on the matter Tuesday and Thursday, the Associated Press reported. Greater patient access could boost MMJ sales for the state’s dispensaries.

Though Massachusetts had 33,079 active medical marijuana patients through Nov. 30, only 173 physicians were certified to

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Changes afoot for two New England medical marijuana programs is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Changes afoot for two New England medical marijuana programs

Hoping to increase patient access, health officials in Massachusetts have proposed allowing nurse practitioners to recommend medical marijuana to patients. And in neighboring New Hampshire, lawmakers are expected to take up a bill that would liberalize home growing rules for medical cannabis patients and potentially offer some competition to the state’s four dispensaries.

Massachusetts health officials scheduled public hearings on the matter Tuesday and Thursday, the Associated Press reported. Greater patient access could boost MMJ sales for the state’s dispensaries.

Though Massachusetts had 33,079 active medical marijuana patients through Nov. 30, only 173 physicians were certified to

…

Changes afoot for two New England medical marijuana programs is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

A look ahead: Issues facing marijuana professionals in 2017

By Omar Sacirbey

The marijuana industry is not only beginning a new year, it’s starting a fresh era in which it could flourish with opportunity or regress under a White House that could resurrect the crackdowns and raids of the past.

We examine seven of the top issues the industry could face in 2017.

1. Trump administration

The biggest question hanging over the marijuana industry is whether the administration of Donald Trump and his nominee for attorney general, Alabama Sen. Jeff Sessions, will interfere with the state-legal medical and recreational programs, or leave them alone as President Barack Obama

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A look ahead: Issues facing marijuana professionals in 2017 is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

A look ahead: Issues facing marijuana professionals in 2017

By Omar Sacirbey

The marijuana industry is not only beginning a new year, it’s starting a fresh era in which it could flourish with opportunity or regress under a White House that could resurrect the crackdowns and raids of the past.

We examine seven of the top issues the industry could face in 2017.

1. Trump administration

The biggest question hanging over the marijuana industry is whether the administration of Donald Trump and his nominee for attorney general, Alabama Sen. Jeff Sessions, will interfere with the state-legal medical and recreational programs, or leave them alone as President Barack Obama

…

A look ahead: Issues facing marijuana professionals in 2017 is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Colorado rec shop countersues investment firms

The owners of the Original Leaf recreational marijuana store in Aspen, Colorado are countersuing two Texas investment firms, alleging that their principals controlled the money they invested in Original Leaf and forced the owners to hire unnecessary wo…

Medical marijuana bills filed in South Carolina

A South Carolina state house representative has pre-filed two medical marijuana bills that his fellow legislators will consider during the 2017 legislative session.

If passed, the bills would be another major advance for cannabis legalization in the traditionally conservative South, where Florida, Arkansas, and Louisiana passed medical marijuana laws in 2016. Tennessee and Kentucky lawmakers also pre-filed medical marijuana bills this month that will be considered in their 2017 legislative sessions.

Democrat Todd Rutherford of Columbia, South Carolina filed H. 3128, the “Put Patients First Act,” which would allow qualifying medical marijuana patients to

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Medical marijuana bills filed in South Carolina is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Canadian cannabis IPO raises $45 million

Canadian licensed cannabis producer CanniMed Therapeutics completed an IPO Thursday, listing on the Toronto Stock Exchange and raising about CAN $60 million, or US $45 million.
The company, based in the central Canadian province of Saskatchewan, sold f…

Year in Review: Top 10 notable developments in the marijuana industry from 2016

By Omar Sacirbey and Bart Schaneman

In the annals of marijuana history, 2016 will most certainly stand out as a watershed year for the business of cannabis.

From huge wins on Election Day and a flurry of investment activity to big courtroom victories and recreational legalization momentum in Canada, cannabis made headlines in the U.S. and globally throughout the year.

Here are 10 of the biggest cannabis-related developments we covered in 2016:

1. Legalization landslide

The 2016 election was historic for the cannabis industry, with four states – California, Maine, Massachusetts and Nevada – legalizing recreational marijuana, and

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Year in Review: Top 10 notable developments in the marijuana industry from 2016 is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Colorado city finally to allow rec MJ stores

In a promising sign for the recreational marijuana industry, one of Colorado’s most cannabis-resistant city governments has finally decided to allow adult-use stores.

The Pueblo City Council voted this week to award licenses for eight recreational marijuana stores and also set fees and adopted zoning rules on the industry, according to the Pueblo Chieftain.

The city will start taking applications in January and intends to awards the first licenses in March, the Chieftain reported. Stores will not be allowed within 300 feet of residences, 500 feet of substance abuse centers and 1,000 feet of schools.

City councilors also

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Colorado city finally to allow rec MJ stores is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Thailand approves hemp cultivation

The cabinet of Thailand’s National Legislative Assembly has approved a proposal to permit hemp cultivation in six provinces in the country’s northern region as part of a project to explore the use of plants for medical purposes.

Officials with the Office of the Narcotics Control Board announced Tuesday said the proposal will be implemented in 2017 in 15 districts in the provinces of Chiang Mai, Chiang Rai, Mae Hong Son, Nan, Phetchabun, according to the Bangkok Post.

The hemp grown may not have more than 1% THC, otherwise cultivators could face punishment.

Around 20 countries have legalized or are

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Thailand approves hemp cultivation is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs