Tuesday, September 25, 2018

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...
Edibles or bud

Cannabis Consumers Seeking Edibles over Smokable Products, Report Indicates

Deloitte, a multinational network of consultants, accountants, and financial advisors, has released a 2018 report on the business of cannabis. The report paints a...
California marijuana dispensaries reducing prices

California Dispensaries Are Slashing Prices to Empty Inventory before New Regulations

California’s legal marijuana market changed significantly on July 1, 2018, when new testing regulations took effect. Dispensaries across the state had noncompliant inventory that...
Senate Committee Kills Bill Protecting Banks Serving Marijuana Businesses

Senate Committee Kills Amendment that Would Protect Banks that Serve Cannabis Businesses

In June, a U.S. Senate committee voted against moving forward on an amendment that would have offered protection to financial institutions that did business...
New York Marijuana Market Could be Worth 3.1 Billion

New York’s Legal Marijuana Market Could Be Worth an Estimated $3.1B, Says NYC Comptroller

In May, New York City Comptroller Scott M. Stringer released a report arguing for legalization of adult-use marijuana in New York. As may be...
economic reasons to legalize marijuana

5 Economic Incentives for the Legalization of Cannabis

The Motley Fool is a multimedia company that offers news and opinion on investment and finance, and as such, it is a member of...
Oregon growing too much marijuana

Is Oregon Growing Too Much Marijuana?

The Oregon Liquor Control Commission, which regulates the state’s legal marijuana market, has released information that shows that the state has an oversupply of...
California marijuana sales

California’s Marijuana Tax Revenue Exceeded $60.9 Million in Q1 2018

In a May 11 press release, the California Department of Tax and Fee Administration (CDTFA) announced how much sales tax cannabis brought to the...