A vote in Congress to ease banking restrictions on cannabis companies is being praised for the possibility the legislation could make operating in the nascent industry much easier and more fair, and for the signal it sends that marijuana is moving toward establishment acceptability. Continue reading “Cannabis Companies: House’s SAFE Act Vote A Milestone”
Wildfire season is coming. A newly introduced bill in Congress aims to limit cost of fires and other disasters by expanding insurance coverage to the cannabis industry.
A bill introduced in Congress last week aims to help small business owners navigate the ins and outs of cannabis licensing.
The legislation, the Homegrown Act of 2019, would set up a so-called Small Business Association grant program to “provide state and local governments with funding to help small businesses navigate cannabis licensing and employment with a focus on communities most impacted by the War on Drugs,” according to the bill’s sponsor, Rep. Dwight Evans, a Pennsylvania Democrat. Continue reading “Lawmaker Introduces Bill to Help Small Businesses Navigate Cannabis Industry”
Colorado lawmakers have hit on a funding source to help struggling school districts cover up to $25 million in startup costs as they expand full-day kindergarten this fall: marijuana taxes.
The money is expected to aid districts in rural areas, as well as others short on cash. It would help buy new desks and furniture, fixtures for bathrooms and classrooms, and other equipment schools need as they expand their full-day kindergarten offerings. Continue reading “Marijuana Tax Money Targeted for Colorado’s Full-Day Kindergarten Rollout”
Nebraska advocates warn state legislators: If you don’t pass an MMJ law this session, they’ll put an Oklahoma-style legalization measure on the ballot. Continue reading “Is Nebraska Headed for a No-Rules Medical Marijuana Market?”
Louisiana legalized medical cannabis in 2015, and since, legislative changes, revisions and other modifications have slowed the law’s rollout. But this November, medical cannabis sales will likely begin throughout the state. The problem, however, is how few patients will have access to a doctor who can provide the recommendation they’ll need to enter one of those dispensaries. As of today, Louisiana has just 31 physicians licensed to recommend medical cannabis treatments. Continue reading “Louisiana Lifts Limit on Number of Medical Marijuana Patients Doctors May Treat”
As Michigan residents prepare to vote on adult-use cannabis legalization this November, the state’s 220,000 medical marijuana patients are still wondering when the state will start licensing their MMJ dispensaries.
There are 540 cannabis license applicants. Only 19 are currently being processed, and 8 of those have already been rejected.
Colorado’s governor on Monday vetoed a bill to allow marijuana retailers to set up “tasting rooms,” dashing hopes that the state would be the first to adopt a system letting consumers use marijuana in public spaces.
It’s the opening chapter of California’s new era of regulated cannabis, and already a market disruption is underway.
Generally, retailers have ample product on store shelves for both adult use and medicinal cannabis consumers, but some brands are now in short supply. Prices are mostly stable, though new state taxes on legal purchases have meant sticker shock for customers.
Meanwhile, the black market appears to be thriving anew—invigorated by dissuasive taxes on growers, plus licensing fees and frustrations over difficulties of entering the legal economy. If more cultivators aren’t licensed by the state, manufacturers for cannabis concentrates for vape pens, waxes, and infused edibles fear they may run short of their critical production component – leafy cannabis trim – by summer.
As Quebec moves—seemingly unwillingly—toward legalization, the details of its legal cannabis framework are still unresolved, which means provincial debate rages on.
Contrary to the federal law allowing up to four plants, Quebec will allow no homegrown cannabis at all.