Editor’s Picks

What We Know About the Future of Los Angeles County Cannabis Regulations

What We Know About the Future of Los Angeles County Cannabis Regulations

What We Know About the Future of Los Angeles County Cannabis Regulations

While Los Angeles County cannabis regulations have yet to be developed, the county is ready to gain insight from its residents on a range of issues that need to be addressed to regulate cannabis in its unincorporated areas.

Arizona Medical Marijuana Merger Creates State's Largest Operator

Arizona Medical Marijuana Merger Creates State’s Largest Operator

A recent Arizona medical marijuana merger has enabled a national marijuana company to become the largest operator in the Grand Canyon State. On July 11, 2017, Harvest merged with Modern Flower, a local cultivator, making Harvest the greatest license-holder for medical cannabis dispensaries and cultivation facilities in the state.

86 Percent of NYPD Marijuana Possession Arrests Affect Black and Latino New Yorkers

86 Percent of NYPD Marijuana Possession Arrests Affect Black and Latino New Yorkers

On July 11, 2017, the Drug Policy Alliance announced that a report it had commissioned by the Marijuana Arrest Research Project had been released, revealing that marijuana possession arrests under Mayor Bill de Blasio’s tenure are marked by a high rate of racial disparity.

Puerto Rico Medical Cannabis Legalization Enacted by Governor

Puerto Rico Medical Cannabis Legalization Enacted by Governor

Puerto Rico medical cannabis legalization has become a legislative reality. On July 9, 2017, Puerto Rico Gov. Ricardo Rosselló Nevares signed the Law to Improve the Study, Development and Research of Cannabis for Innovation, Applicable Norms and Limits, also known as MEDICINAL Law, to regulate medical cannabis on the Caribbean island.

US Senators Urge Jeff Sessions to Reassure Industrial Hemp Industry

US Senators Pen Open Letter to Urge Jeff Sessions to Reassure Industrial Hemp Industry

With members of the industrial hemp industry facing unnecessary banking hurdles, several United States Senators have joined forces to urge the Department of Justice not to use funds to punish banks that do business with them.

Marijuana Index Dips 3% in June as Canadian Stocks Continue to Decline

Marijuana Index Dips 3% in June as Canadian Stocks Continue to Decline

The North American Marijuana Index, a stock index that tracks the top performing cannabis stocks in the U.S. and Canada, decreased 3% in June as continued losses in Canada closed out the Index’s second worst performing quarter since its inception in January 2015.

These Are the First Two Recipients of Colorado Cannabis Transporter Licenses

These Are the First Two Recipients of Colorado Cannabis Transporter Licenses

On June 10, 2016, Colorado Gov. John Hickenlooper signed House Bill 16-1211 into law, creating Colorado cannabis transporter licenses for medical and recreational cannabis transporters. With the new law requiring transporters to be licensed by July 1, 2017, the state has already issued one medical transporter license and two recreational cannabis transporter licenses.

Sonoma County Medical Marijuana Business Applications Available July 5

Sonoma County Medical Marijuana Business Applications Accepted July 5

In California, Sonoma County workers have been busy preparing for the expected rush of business owners waiting at the county’s door on July 5, 2017. Starting at 8 a.m. on Wednesday, Sonoma County medical marijuana business applications will be accepted at departments throughout the county.

Pennsylvania Awards Medical Marijuana Dispensary Permits for the First Time

Pennsylvania Awards Medical Marijuana Dispensary Permits for the First Time

Pennsylvania medical marijuana program has taken a critical step forward by granting its first-ever medical marijuana dispensary permits.

Anti-Drug Official Says Cuban Marijuana Legalization Will Never Happen

Anti-Drug Official: Cuban Marijuana Legalization Will Never Happen

While Cuba and the United States are working closely to combat the small country’s ongoing problem with drug trafficking, Cuban officials have said that the legalization of marijuana in nearby countries is actually adding to the trouble, dispelling the prospects of Cuban marijuana legalization.

#JusticeForJawara: Peter Tosh's Son Beaten into Coma While Imprisoned for Cannabis

#JusticeForJawara: Peter Tosh’s Son Beaten into Coma While Imprisoned for Cannabis

On June 21, 2017, attorney Jasmine Rand announced that her client, Jawara McIntosh, son of iconic reggae artist Peter Tosh, was beaten into a coma on Feb. 21, 2017, at New Jersey’s Bergen County Jail while serving six months for cannabis-related charges.

Report: Crown Corporation Should Sell New Brunswick Recreational Cannabis

Report: Crown Corporation Should Sell New Brunswick Recreational Cannabis

Canada’s recreational cannabis legalization is planned for a rollout in July 2018, but provinces and territories are in charge of drafting and establishing jurisdiction-specific rules, so they’ve been working hard to create rules that fall within the country’s legalization framework.

Pennsylvania Medical Marijuana Program Issues 12 Cultivation Permits

Pennsylvania Medical Marijuana Program Issues 12 Cultivation Permits

The Pennsylvania medical marijuana program is getting closer to being operational. On June 20, 2017, the Pennsylvania Department of Health announced that it had issued 12 grower/processor permits, with the clock ticking on permittees to have their facilities operational within six months before they can start cultivating medical marijuana.

New Jersey Recreational Marijuana Bill Gets Committee Hearing

New Jersey Recreational Marijuana Bill Gets Committee Hearing

Democratic lawmakers in the Garden State are making moves on a New Jersey recreational marijuana bill. On June 19, 2017, the state Senate Judiciary Committee held a formal hearing on S-3195, a bill that would legalize, tax and regulate recreational marijuana in the state.

SEC Calls Hemp Oil Fraud on Public Company

SEC Calls Hemp Oil Fraud on Public Company

On June 15, 2017, the United States Securities and Exchange Commission called hemp oil fraud on a public company, filing a complaint in federal court that claims CV Sciences (OTCQB:CVSI) , formerly known as CannaVEST, and its CEO, Michael Mona, Jr., intentionally overstated the company’s total assets.

Marijuana Shipment Businesses Under Investigation by Denver's Better Business Bureau

Marijuana Shipment Businesses Under Investigation by Denver’s Better Business Bureau

Two online marijuana shipment businesses are under investigation by Denver’s Better Business Bureau. On June 15, 2017, the BBB announced that it was investigating Denver Marijuana and Denver Smoke Buds for illegally mailing marijuana, among other reasons.

Lawmakers Reintroduce Bipartisan Medical Cannabis Bill

Federal Lawmakers Reintroduce Bipartisan Medical Cannabis Bill

A group of lawmakers reintroduced a bipartisan medical cannabis bill just days after a letter surfaced from Attorney General Jeff Sessions that asked Congress to let him prosecute medical cannabis users.

Governor Wolf Promises to Protect Pennsylvania Medical Marijuana Patients from Jeff Sessions

Governor Wolf Promises to Protect Pennsylvania Medical Marijuana Patients from Jeff Sessions

In an effort to protect Pennsylvania medical marijuana patients from federal enforcement actions, Pennsylvania Gov. Tom Wolf sent a letter to United States Attorney General Jeff Sessions on June 15, 2017, saying that the federal government should not interfere with the state’s medical marijuana program.

LSU Medical Marijuana Program Wants Contract Awarded to Public Company

LSU Medical Marijuana Program Wants Contract Awarded to Public Company

Louisiana State University has reviewed all seven applications submitted by prospective marijuana contractors and has determined that production contract for the LSU medical marijuana program should be awarded to a public company.

MedMen Opportunity Fund Closes Below $100 Million Target

MedMen Opportunity Fund Closes Below $100 Million Target

On June 12, 2017, the MedMen Opportunity Fund, a California-based private equity fund focused on the legal marijuana industry, filed Form D with the United States Securities and Exchange Commission, indicating that it had raised approximately $60 million of its $100 million offering.

Jeff Sessions Wants Congress to Let Him Prosecute Medical Marijuana Cases

Jeff Sessions Wants Congress to Let Him Prosecute Medical Marijuana Cases

United States Attorney General Jeff Sessions personally pleaded with Congress to oppose a provision in the federal spending bill that protects medical marijuana providers operating in accordance with state laws from federal enforcement actions so that the Department of Justice can prosecute medical marijuana cases.

California Cannabis Study: State's Legal Market Poised for $5 Billion Windfall

California Cannabis Study: State’s Legal Market Poised for $5 Billion Windfall

As the Golden State prepares to roll out new medical and recreational regulations on Jan. 1, 2018, a recent California cannabis study has estimated that all of that preparation will result in a $5 billion windfall for the state’s legal market.

Cannabis Standards: FOCUS and ASTM Joining Forces to Drive Standardization

Cannabis Standards: FOCUS and ASTM Joining Forces to Drive Standardization

On June 12, 2017, ASTM International, an international voluntary consensus standards organization, announced that it had signed a Memorandum of Understanding with the Foundation of Cannabis Unified Standards, indicating that the two organizations will collaborate in developing cannabis standards for the legal cannabis industry.

Increasing Number of Financial Institutions Banking Marijuana Money

Increasing Number of Financial Institutions Banking Marijuana Money

It seems the advent of the Trump Administration has yet to dissuade banks from serving state-legal marijuana businesses. According to a marijuana banking update issued by the Financial Crimes Enforcement Network, a growing number of financial institutions are banking marijuana money in the United States.

Los Angeles Issues Dispensary Map, Draft Business Regs and Zoning Ordinance

Los Angeles Issues Dispensary Map, Draft Business Regs and Zoning Ordinance

In the span of two days, the City of Los Angeles has taken three important steps toward regulating its legal cannabis market—issuing a cannabis dispensary map, draft commercial cannabis regulations and a proposed zoning ordinance.

Colorado Governor Approves Medical Marijuana for PTSD

Colorado Governor Approves Medical Marijuana for PTSD

On June 5, 2017, Colorado Gov. John Hickenlooper signed Senate Bill 17, approving post-traumatic stress disorder as a qualifying condition for the state’s medical marijuana program. With the addition of Colorado, there are now 20 states, plus Washington, D.C., that allow medical marijuana for PTSD.

Tobacco Industry Wants Marijuana Monopoly in Massachusetts

Tobacco Industry Wants Marijuana Monopoly in Massachusetts

In an attempt to gain a foothold in Massachusetts’ burgeoning recreational marijuana industry, the tobacco industry wants marijuana producers to distribute their products through its members.

North American Marijuana Index Drops 15% in May, Worst Performing Month in Over a Year

North American Marijuana Index Drops 15% in May, Worst Month in Over a Year

The North American Marijuana Index, a stock index that tracks the top performing cannabis stocks in the U.S. and Canada, decreased 15% in May as stocks sold off in both markets. This marks the worst performing month for the North American Marijuana Index since December 2015.

Marijuana Traceability: Washington Eyes METRC to Replace BioTrackTHC

Marijuana Traceability: Washington Eyes METRC to Replace BioTrackTHC

On May 31, 2017, the Washington State Liquor and Cannabis Board announced that it had chosen Franwell as the Apparent Successful Vendor to replace BiotrackTHC, the state’s current marijuana traceability contractor. With Franwell scoring the highest out of the seven bids submitted, the state will now proceed by negotiating the contract with the company.

High Times Acquisition: Company Valued at $70 Million

High Times Acquisition: Company Valued at $70 Million

On June 1, 2017, High Times announced that controlling interest in the company had been acquired by 20 investors, a group comprised of cannabis industry members, entrepreneurs and entertainment veterans. Oreva Capital, a Los Angeles-based investment firm, led the High Times acquisition, valuing the company at $70 million. The company will now operate as High Times Holding Company.

Colorado Safety Training for Marijuana Cultivation Workers

Colorado Safety Training for Marijuana Cultivation Workers

On May 31, 2017, the Colorado Department of Agriculture emailed an update on cannabis production, announcing that the Colorado School of Public Health and the Colorado Department of Public Health and Environment are holding a safety training event for marijuana cultivation workers on June 28 at the CU Anschutz Campus in Aurora.

Veterans Affairs 'Interested in Looking at' Medical Marijuana for Veterans

Veterans Affairs ‘Interested in Looking at’ Medical Marijuana for Veterans

During a press briefing on May 31, 2017, Veterans Affairs Secretary David Shulkin fielded a reporter’s question regarding medical marijuana for veterans.

Cali Compliance: Unregistered Cannabis Growers Sued by SLO County

Cali Compliance: Unregistered Cannabis Growers Sued by SLO County

On May 23, 2017, the San Luis Obispo County Board of Supervisors greenlit the SLO County Counsel to pursue legal action against unregistered cannabis growers in the the unincorporated areas of San Luis Obispo County.

Federal Legislation: Cannabidiol Research Expansion Act Introduced

Federal Legislation: Cannabidiol Research Expansion Act Introduced

On May 25, 2017, Sens. Dianne Feinstein, D-Calif., and Chuck Grassley, R-Iowa, announced that they had introduced the Cannabidiol Research Expansion Act, a bill that would ask the Attorney General to reconsider whether cannabidiol should be scheduled under the Controlled Substances Act and expand research opportunities as a means of determining the medical efficacy of cannabidiol and marijuana in the treatment of serious medical conditions.

Maryland Medical Marijuana Grow Licenses Put on Hold

Maryland Medical Marijuana Grow Licensing Placed on Hold

It has been a month full of highs and lows for Maryland medical marijuana growers. Last week, on May 15, 2017, news came out that after months of controversy regarding racial disparities the state awarded its grower’s license to Anne Arundel County’s ForwardGro. The victory was short-lived though, as this past Thursday, May 25, a hold was placed on the commission’s ability to grant new licenses.

California Roll Out: Oakland Medical Cannabis Permit Application Now Available

California Roll Out: Oakland Medical Cannabis Permit Application Now Available

On May 23, 2017, in California, the Oakland medical cannabis permit application was released for those interested in cultivating, manufacturing, distributing, delivering, transporting and testing medical cannabis.


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