We recently took a trip around the Pacific Northwest to do some “research” into the legalization of marijuana in the United States and cannabis startups. What we saw was shocking to say the least. In a good way. At least what we can remember of what we saw. Things have gone from zero to “full blown cannabis industry” in almost no time at all.
The San Diego County Board of Supervisors has voted to prohibit new marijuana operations in unincorporated areas and to set a closing date for existing operations. The 3-2 vote by the Board of Supervisors will allow three existing dispensaries to operate until 2022. Two dispensaries in the process of getting permits can open, but they also must close within five years.
On March 15, 2017, Attorney General Jeff Sessions gave a speech to law enforcement officers in Richmond, Virginia, on his mission to fight violent crime and bolster public safety. It was during his discussion of drugs that Sessions brought marijuana into the conversation, reinforcing a stance that he has previously communicated.
On March 9, 2017, the Colorado Department of Regulatory Agencies announced that Colorado Securities Commissioner Gerald Rome has ordered John W. Long, Jr., of Nederland, as well as his marijuana businesses, Green Farms Consulting and Green Farms Holdings, to cease and desist offering and selling unregistered securities.