While the initial Canadian cannabis tax framework was revealed on Nov. 10, 2017, provincial leaders and industry stakeholders renounced the proposed 50-50 split of cannabis taxes and so federal, provincial and territorial finance ministers went back to the drawing board, announcing the revised Canadian cannabis tax plan on Dec. 11.
With the Golden State poised to become the largest cannabis market in the world, California cannabis licenses are going to be a hot commodity and the rush to obtain them is already underway.
Would you buy Nova Scotia marijuana from a liquor store? Officials with the provincial government of Nova Scotia are making a bet that you will.
According to an internal video obtained by ABC News, United States Attorney General Jeff Sessions took part in a heated exchange with Department of Justice interns this summer over policing, gun control and marijuana policy.
On Dec. 6, 2017, Chief Susan Ballard of the Honolulu Police Department acknowledged that the department’s policy demanding medical marijuana patients surrender their guns was faulty.
Massachusetts marijuana tax revenue in the Bay State has been given a wide-ranging projection for recreational marijuana’s first year of sales. According to a Massachusetts Department of Revenue analysis, tax revenue will range between $44-82 million in fiscal year 2019.
As marijuana legalization sweeps the nation, it is becoming increasingly difficult for military recruiters to find recruits that have not used marijuana. In an effort to gain more recruits, the United States Army has begun to grant waivers for would-be soldiers that have used marijuana in the past.
On Dec. 5, 2017, the small country of Paraguay became the newest in South America to legalize the cultivation of medical marijuana.
Following market close on Dec. 4, 2017, Aphria Inc. (TSX:APH), an Ontario-based licensed producer of medical cannabis, made headlines when it announced that it had entered into an agreement to be the medical cannabis supplier for Shoppers Drug Mart, a Canadian pharmacy chain.
The revamped Michigan medical marijuana market is beginning to take shape. On Dec. 4, 2017, the Michigan Department of Licensing and Regulatory Affairs officially released the rules that govern the state’s medical marijuana program.
On Dec. 4, 2017, California’s Sonoma County announced that it had awarded its first cannabis business permit to Fiddlers Green, a Sonoma County medical cannabis cultivator.
Patients in the Old Line State have been waiting for more than four years for the ability to purchase medical cannabis legally and now the wait is finally over. On Friday, Dec. 1, 2017, the first batch of Maryland medical cannabis dispensaries opened their doors to serve the state’s patients.
Georgia has decriminalized marijuana use, but it’s probably not the Georgia that you were expecting. On Nov. 30, 2017, the Constitutional Court for the Republic of Georgia, a former Soviet republic, ruled that it is unconstitutional to prosecute individuals for using marijuana, effectively decriminalizing use of the substance and potentially paving the way for full legalization.
With U.S. Attorney General Jeff Sessions criticizing Oregon’s cannabis policies and an Oregon marijuana processor busted in Nebraska recently, the black market in Oregon has been giving the state some bad press; however, the OLCC is trying to change that with the launch of a new video series that aims to convince participants in the black market to go legal.
Massachusetts cannabis regulators could be getting an early Christmas present this year in the form of additional funding. Budget writers with the state House of Representatives released a bill on Nov. 29, 2017, that would give the state Cannabis Control Commission $2.7 million in additional funding.
On Nov. 28, 2017, a bipartisan group of federal lawmakers sent a letter to congressional leaders, urging them to extend protection of state medical cannabis laws in the 2018 appropriations bill.
Minnesota medical marijuana patients are worried after news broke that one of the state’s two cannabis providers is experiencing a distribution delay, leaving them with scarce supplies for treatment.
The Hawkeye State is preparing to welcome the first Iowa medical cannabidiol company into the state’s medical cannabidiol program.. On Nov. 28, 2017, the Iowa Department of Public Health announced its intent to award a medical cannabidiol manufacturer license to MedPharm Iowa, a company based in Des Moines.
With several Maryland medical marijuana dispensary licensees preparing to open their doors within the next week and certified patients ready to buy their products, the state has awarded three more dispensary licenses, giving Maryland a total of nine licensed dispensaries.
Policymakers with the Nevada Gaming Policy Committee are hoping to give recreational marijuana a second look. According to the Las Vegas Review-Journal, the committee has scheduled a meeting on Nov. 29, 2017, to reexamine its marijuana policy.
While Canada has launched a public consultation on its proposed federal cannabis regulations, the Northwest Territories cannabis legalization proposal was unveiled recently by the territorial government.
Medical marijuana may help reduce opioid addiction in patients suffering from chronic pain, according to a new study published in the open access journal PLOS ONE.
It looks like Nevada cannabis sales are still ranking high for the recreational market. The Nevada Department of Taxation released the state’s results for recreational cannabis sales for the month of September, and the data proves that sales are still going strong.
The competition to become one of Ohio’s licensed medical marijuana dispensaries is starting to heat up. On Nov. 20, 2017, the Ohio Board of Pharmacy announced that it had received 370 applications for the state’s 57 available medical marijuana dispensary licenses.
On Nov. 21, 2017, Statistics Canada announced that it is preparing the country’s statistical system to capture economic and social data on the use of recreational cannabis.
While Canadian cannabis producers are preparing for the country’s roll out of recreational cannabis, they are also preparing for a potential shift in the market’s landscape.
While New Brunswick marijuana was slated to be supplied by two public companies, the province has added one more licensed producer to the mix.
The number of Pennsylvania medical cannabis patients has been growing steadily since the patient registry launched on Nov. 1, 2017.
A large marijuana producer is hopeful that Canadian physicians will use a new test to help patients determine whether medical marijuana treatment would be effective for them.
While Nebraska has been known as a prohibition-minded state, one Oregon marijuana processor recently found that out the hard way and now has to face the consequences in both Nebraska and Oregon.
While prospective California cannabis businesses were notified recently by the Department of Tax and Fee Administration that they need to go ahead and register with the CDTFA for a seller’s permit, there are seven additional things California cannabis businesses need to know about tax rates and registration.
In an effort to increase racial diversity in the state’s medical cannabis industry, the Maryland Legislative Black Caucus has announced plans to introduce a bill during the next legislative session that would award additional medical cannabis licenses to businesses owned by African-Americans.
Patients in the state of New York suffering from post-traumatic stress disorder will now be able to use medical cannabis to treat PTSD.
While several provinces have announced their plans for recreational cannabis distribution and retail operations, industry stakeholders have been waiting for an announcement on the Canadian cannabis tax framework and that moment has now arrived.
The North American Marijuana Index, a stock index that tracks the top performing cannabis stocks in the U.S. and Canada, increased 4% in October.
While there have been attempts at the federal level to ensure the availability of cannabis banking services, the Golden State is forging ahead with its own strategies so it can be prepared for the rollout of recreational cannabis in 53 days.
It’s back to the drawing board for Maine legislators. On Nov. 6, 2017, the Maine House of Representatives fell 17 votes short of overriding Gov. Paul LePage’s veto of LD 1650, a bill regulating the state’s recreational market.
On Nov. 6, 2017, the Bureau of Cannabis Control released details on the first California Cannabis Advisory Committee meeting, taking place in Sacramento on Nov. 16.
On Nov. 3, 2017, Maine Gov. Paul LePage vetoed LD 1650, a bill that would regulate recreational marijuana in the state. In his veto letter, LePage outlined three key concerns and urged legislators to come together and rework the bill.
It looks like the California Insurance Commissioner has taken a pivotal step for the state’s cannabis industry. On Nov. 2, 2017, Dave Jones approved a commercial insurer’s offering of cannabis business insurance for the first time.
The Pennsylvania medical marijuana registry is now live, bringing patients in the Keystone State closer to medical marijuana access.
The U.S. Food and Drug Administration has been keeping an eye of the growing popularity of hemp-derived cannabidiol, especially those CBD companies that have been making medical claims.
While the United States Drug Enforcement Agency’s marijuana research license isn’t awarded lightly, an Ohio-based organization was recently awarded a Schedule I Researcher license by the DEA to study the effects of marijuana.
Drinkable cannabis has been on the rise since the advent of states in America with recreational marijuana legalization and now that Canada is on the brink of implementing recreational legalization, a recently announced strategic relationship has the future of Canadian cannabis beverages looking bright.
While Colombia legalized medical marijuana on Dec. 22, 2015, the country has yet to harvest and process any legal Colombian medical marijuana; however, recent government actions are about to change that.
Virginia hemp has become a reality. On Oct. 19, 2017, the University of Virginia announced that it had completed its first successful harvest of the crop.
Support for legalizing recreational marijuana in the United States has reached an all time high. According to a new a Gallup poll, 64% of Americans support legalizing recreational marijuana, compared to 60% last year and 58% in 2015.
It looks like the highly talked about seed-to-sale tracking system for marijuana businesses in Washington state is going up in smoke.
With New Brunswick cannabis set to be cultivated by Organigram (TSXV: OGI) and Canopy Growth (TSX: WEED), the provincial government has now determined that a Crown corporation, not the private sector, will handle retail cannabis sales.
Medical cannabis may help children suffering from chemotherapy induced nausea as well as seizures, according to a new study published in the October edition of the medical journal Pediatrics.