A formal recount of the Nov. 8 election results in Maine, including the initiative that would legalize adult-use cannabis, is now on the way.
The Maine secretary of state has certified the signatures on a pair of recount petitions that target the marij…
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Three of Oregon’s government agencies have warned marijuana cultivators about using pesticides not approved by the state for use on cannabis crops.
In a jointly signed letter addressed to “Dear Cannabis Producer,” the directors of the Oregon Department of Agriculture, Oregon Health Authority and Oregon Liquor Control Commission wrote on Monday that producers can meet Health Authority pesticide standards but still be in violation of the state’s Pesticide Control Act if any levels of illegal pesticides are found.
The letter was cosigned by Lisa Charpilloz Hanson, acting director of ODA; Lynne Saxton, director of OHA, and Steven Marks,
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State warns Oregon MJ growers about unapproved pesticides is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
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The Montana Legislature is gearing up for a new session of lawmaking, and on tap already are up to 10 bills related to the medical cannabis industry.
According to the Missoulian, the measures vary from an outright overturn of Initiative 182 – which Montana voters approved in the election earlier this month – to pro-cannabis bills that would restore access for MMJ patients.
The legislature has immense power over the industry in Montana, given that I-182 is a state statute and not an amendment to the state constitution. That means legislators are free to adjust the
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Montana Legislature prepares to regulate MMJ, again is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
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By Omar Sacirbey
Privateer Holdings, a cannabis-focused private equity firm, plans to spend a significant chunk of the $122 million it has raised over the past year on expanding its international holdings and footprint through acquisitions, exports, additional hires and new ventures, CEO Brendan Kennedy said.
Earlier this month the Seattle firm – which owns three companies – completed a $40 million round of fundraising. It’s the first marijuana-centric investment company to raise more than $100 million, a sign that deep-pocketed investors increasingly are warming up to the cannabis industry as more states legalize recreational and medical MJ.
Kennedy
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Flush with fresh funding, Privateer looks to expand overseas footprint is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
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A pair of edibles companies that do business together are facing a public relations backlash after a photo from a Las Vegas party held last week sparked outrage on social media.
The photo shows a nearly naked model who was lying on her back and adorned…
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Applicants for Maryland’s medical marijuana dispensary licenses will soon know whether they won or lost.
The Maryland Cannabis Commission has announced that winners of preliminary licenses will be chosen Nov. 28 but won’t be revealed to the public until Dec. 9.
It’s a welcome step in a process that started with and still holds huge market potential, though it has been mired in delays and controversy.
The commission announced the winners of 15 cultivator and 15 processor preliminary licenses in August, and the results were expected in September. But the announcement was delayed and the commission has
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Maryland dispensary candidates will learn their fate soon is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
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Arkansas lawmakers may delay the rollout of the state’s newly legalized medical marijuana program.
State lawmakers are discussing that along with a move to change how marijuana sales tax revenue will be doled out as well as adding an additional sales tax on cannabis, according to Arkansas Business.
Last week, Arkansas voters passed an amendment to the state’s constitution that allows patients to purchase cannabis from licensed dispensaries.
Republican lawmaker Doug House said he’s developing legislation to postpone the program launch from March to May to allow more time for rulemaking.
It would also move back
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AR lawmakers consider delaying medical marijuana program is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
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By Eli McVey
States that passed marijuana measures earlier this month eventually could generate more in annual retail MJ sales than the entire U.S. cannabis industry is expected to this year.
Though these new markets will take time to develop, they present tremendous opportunities for entrepreneurs looking to capitalize on the results of the election.
California, Maine, Massachusetts and Nevada all passed ballot measures legalizing recreational marijuana on Nov. 8, while Arkansas, Florida and North Dakota legalized medical cannabis. Montana already had MMJ laws on the books, but voters passed an initiative to allow regulated medical marijuana businesses
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Chart: Sales projections for states that legalized cannabis on Election Day vs. 2016 industry estimates is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
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By Eli McVey
States that passed marijuana measures earlier this month eventually could generate more in annual retail MJ sales than the entire U.S. cannabis industry is expected to this year.
Though these new markets will take time to develop, they present tremendous opportunities for entrepreneurs looking to capitalize on the results of the election.
California, Maine, Massachusetts and Nevada all passed ballot measures legalizing recreational marijuana on Nov. 8, while Arkansas, Florida and North Dakota legalized medical cannabis. Montana already had MMJ laws on the books, but voters passed an initiative to allow regulated medical marijuana businesses
…
Chart: Sales projections for states that legalized cannabis on Election Day vs. 2016 industry estimates is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
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Denver bars and many restaurants hoping to take advantage of a newly approved voter initiative to allow cannabis enthusiasts to imbibe on their premises will be out of luck, as officials moved to prevent the mixing of alcohol and cannabis.
State licensing officials announced Friday a new regulation will ban bars and many eateries from applying for a permit to allow public use of cannabis, the Denver Post reported.
Under Initiative 300, businesses and other establishments could secure a public-use permit, provided that a neighborhood organization signed off on the bid.
Officials block Denver bars, eateries from public MJ use program is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
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