Montana House Backs Major Medical Marijuana Law Reform

Montana continues to tweak its medical marijuana system, which was first written into law 15 years ago. On Monday, the state’s House passed Senate Bill 265, which makes important changes to the program including a temporary tax increase, the institution of doctor recommendations by phone, and the “untethering” of patients. Continue reading “Montana House Backs Major Medical Marijuana Law Reform”

CBD’s National Rollout Requires Execution, Not Just Excitement

With CVS, Walgreens and Rite-Aid all moving in lock step with CBD products, general retailers are now required to develop their own CBD related strategies. Such was the focus at last week’s CBD and the Future of Cannabis conference, where convenience store operators learned more about the opportunities with CBD. And for a group that has seen their already slim margins shrink due to lower cigarette sales, CBD offers a new high-growth itemnto stock. Continue reading “CBD’s National Rollout Requires Execution, Not Just Excitement”

Legalized Cannabis Remains a Burning Topic for Employers

With the possibility of legalized cannabis under federal law in the coming years, workplace policy changes are also in question.

The legalization of cannabis isn’t an “if” but a “when” issue for employers in most states.

While its legalization creates confusion for many employers, there are conversations they can have to prepare ahead of time. The Midwest Business Group on Health convened a session Feb. 12 with human resources and medical professionals to discuss the legalization of medical cannabis and how employers should approach changing their drug-related policies. Continue reading “Legalized Cannabis Remains a Burning Topic for Employers”

Phil Murphy Sets May Deadline for New Jersey Legal Marijuana Vote, What’s Next?

When Gov. Phil Murphy came into office, he vowed to legalize marijuana within 100 days.

Now? It’s looking like weed may not be legalized until 500 days into Murphy’s tenure — at the earliest.

The push for New Jersey marijuana legalization hit a roadblock last month when scheduled votes on the bill to legalize weed were postponed. While the bill had enough votes to pass in the Assembly, the support wasn’t there in the Senate. Continue reading “Phil Murphy Sets May Deadline for New Jersey Legal Marijuana Vote, What’s Next?”

California Bill Would Allow Terminally Ill Patients to Use Cannabis in Hospitals

California cannabis activists gathered with state Sen. Ben Hueso in front of a state government building in downtown San Diego on Friday to garner support for Senate Bill 305, The Compassionate Access to Cannabis Act. If passed, the bill would allow terminally ill patients with a doctor’s authorization to use cannabis medications in health care facilities. Continue reading “California Bill Would Allow Terminally Ill Patients to Use Cannabis in Hospitals”

Key to Harvest Health & Recreation Inc (OTCMKTS:HRVSF)

We have been touting the upside potential of Harvest Health & Recreation Inc (OTCMKTS:HRVSF) over the past couple months. The stock has been running higher in that time as the “new kid on the block” in the patch, and the action last week was another indication of upside momentum and further breakout potential. This stock continues to suggest more to come. To make matters more interesting, the company just announced that it will deliver the Welcome Keynote, “Tapping the Beverage Market Boom,” at Cannabis Conference 2019, April 1-3, in Las Vegas, Nev. Continue reading “Key to Harvest Health & Recreation Inc (OTCMKTS:HRVSF)”

Rhode Island Demand for Medical Marijuana Skyrocketing

While state lawmakers consider legalizing recreational pot this year, sales of medical marijuana continue to hit new highs.

The reason isn’t just that more people are ailing, state regulators say.

The state’s three medical marijuana dispensaries are on pace to sell about $56 million worth of medicinal pot in fiscal 2019, said Norman Birenbaum, the state’s top marijuana regulator. That’s $17.8 million, or 46.6 percent, more than in fiscal year 2018. Continue reading “Rhode Island Demand for Medical Marijuana Skyrocketing”

Georgia Senate Votes in Favor of Medical Marijuana Access Bill

The Georgia Senate voted to approve a bill on Friday that would give medical marijuana patients a legal avenue to obtain their medicine. Under the bill, HB 324, a regulated system for growing, processing, and distributing cannabis oil would be established. Georgia’s medical marijuana program only permits the use of cannabis oil with no more than 5 percent THC by registered patients with one or more of 16 qualifying serious medical conditions. However, current regulations do not allow for medical marijuana cultivation, processing, or sales, which leaves patients with no way to legally obtain cannabis oil. The bill was approved by the Georgia House of Representatives earlier this month. Continue reading “Georgia Senate Votes in Favor of Medical Marijuana Access Bill”

Hemp Is Next: Colorado Wants More Than Marijuana Prominence

Already known as one of the country’s marijuana capitals, Denver is a heavyweight in the hemp industry, too, and that status is on full display at the NoCo Hemp Expo this weekend.

After five years in Loveland, the NoCo Hemp Expo moved to Denver in 2019. The Crowne Plaza DIA‘s parking lot was packed and its event center bustling on Friday, March 29 — and that was just the industry-only day. The conference is open to the general public today, March 30, with over 220 hemp and CBD vendors peddling everything from hemp clothing and shoes to CBD extraction technology. Continue reading “Hemp Is Next: Colorado Wants More Than Marijuana Prominence”