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Saturday, March 23, 2019
marijuana banking safe act

A New Marijuana Banking Bill Is Finally In Motion

On February 13, the U.S. House Committee on Financial Services held a hearing on a bill that would permit access to banking...
michael bloomberg marijuana legalization

Marijuana Legalization Is “Perhaps The Stupidest Thing Anybody Has Ever Done,” Michael Bloomberg Says

Former New York City Mayor Michael Bloomberg has reiterated his opposition to marijuana legalization as he continues to deliberate on whether to...
michigan marijuana gifting loophole

Michigan Businesses Exploit Legal Loophole By Gifting Marijuana To Consumers

In November 2018, voters in Michigan approved a ballot measure legalizing adult use, but the regulatory structure for the new market is...
Marijuana Testing Licensing Massachusetts

Testing Lab Licensing Brings Massachusetts Closer To Legal Pot Sales

At a public hearing on August 23, the Cannabis Control Commission (CCC) of Massachusetts approved provisional licenses for two testing facilities. This act moved...
Mainee seeks marijuana consultant for adult use implementation

Maine Seeks Consultant To Advise On Setting Up Marijuana Markets

In mid-September, the state of Maine’s Department of Administrative and Financial Services issued a notice that it is seeking to hire a consultant to...

Colorado Ballot Initiative Would Redefine Industrial Hemp

In Colorado in November, voters will have the opportunity to approve Amendment X, a ballot initiative that would change the state’s legal definition of...
Marijuana industry massive growth

Marijuana Industry Could Be Worth $47 Billion in US Within A Decade

RBC Capital Markets, a global investment firm, released a message to its clients that is bullish on marijuana. The message states: “The legal cannabis...
massachusetts-marijuana-regulators-demands-business

Massachusetts Cannabis Regulators Urge Municipalities to Lessen Demands on Businesses

Recreational marijuana became legal in Massachusetts in 2016, but implementation of a regulated market has resulted in conflict between municipalities and the state government. In...
T J Donovan Vermont AG

Vermont AG Rules It Illegal for Businesses to Gift Marijuana

On July 23, the attorney general of Vermont issued an advisory that it is illegal to give marijuana as part of a commercial transaction....
California marijuana regulations

First Draft of California’s New Recreational Marijuana Regulations Released

On July 13, California’s marijuana regulatory agency, the Bureau of Cannabis Control (BCC), published the proposed set of regulations that it plans to adopt...