When legal cannabis sales commenced in the Centennial State in 2014, some opponents were concerned that negative public health effects would outweigh any positives derived from tax revenue; however, under the state’s helm, the Colorado cannabis industry continues to make the grade in public cannabis education.
Author Archives: Caroline Cahill
The Keystone State’s first cultivator was greenlit this past October and while Gov. Tom Wolf announced that the first Pennsylvania medical marijuana dispensary had been approved to start serving patients on Jan. 4, 2018, the dispensary wasn’t quite ready to open its doors until recently.
With the Picture Province estimating that recreational legalization will create hundreds of new jobs and generate up to $150 million annually in recreational sales, the province has named the fourth New Brunswick recreational cannabis supplier.
While central Oregon cannabis retailers passed the state’s sting operation on Dec. 19, 2017, with flying colors, retailers in the rest of the state didn’t fare as well in the latest sting operation.
The outrage over United States Attorney General Jeff Sessions’ reversal of federal cannabis policy continues to grow, with a group of American mayors the latest to join the clarion call.
While the fate of legal cannabis may be uncertain in the United States, Canada continues to make progress on its planned rollout of recreational cannabis this summer.
When United States Attorney General Jeff Sessions issued a memo on Jan. 4, 2018, announcing the reversal of federal marijuana enforcement policy, politicians across the country were outraged, and now the Pelican State has joined in and asked President Donald Trump to protect Louisiana medical marijuana.
On Jan. 8, 2018, the Bread Basket of Canada announced that approximately 60 Saskatchewan cannabis retail permits will be awarded to private operators distributed across 40 Saskatchewan municipalities and First Nations that have populations of at least 2,500.
While United States Attorney General Jeff Sessions has reversed federal marijuana enforcement policy, it appears his stance on American marijuana legalization isn’t representative of the country’s politicians or its people.
This past summer voters in the Sooner State learned that they’d have an opportunity to vote on Oklahoma medical cannabis legalization in 2018, but the exact election date wasn’t clear until now.
On Jan. 4, 2018, United States Attorney General Jeff Sessions issued a memo to announce a reversal of federal marijuana enforcement policy, rescinding five Obama-era memos that guided U.S attorneys to take a hands-off approach in regards to investigating and prosecuting state-legal marijuana businesses complying with state law.
With the Golden State’s recreational cannabis market up and running, those with temporary California cannabis cultivation licenses can now apply for the coveted annual licenses.
While not all Golden State dispensaries had received their temporary licenses to start adult-use sales on New Year’s Day, the state’s legal commercial cannabis market still went live on Jan. 1, 2018, with California recreational cannabis sales commencing at approximately 100 retailers across the state.
Since its launch on Nov. 1, 2017, the Keystone State’s patient registry continues to grow with the addition of more Pennsylvania medical marijuana patients.
Merrill Lynch may have been one of the first mainstream investment firms to release a report on the burgeoning legal marijuana market back in 2015, but more have followed, including the Edward Jones marijuana report that recently entered the fray.
Shoppers Drug Mart marijuana is one step closer to reality after a public Canadian marijuana company announced that it has signed on to be the Canadian pharmacy chain’s second medical marijuana supplier.
United States Attorney General Jeff Sessions has a negative view of Oregon’s legal cannabis market, but a recent sting operation conducted by the Oregon Liquor Control Commission revealed positive news about central Oregon cannabis retailers that Sessions should take into consideration.
Recreational cannabis stakeholders have been waiting for Canadian legalization with bated breath, expecting that day to be July 1, 2018; however, Canadian Prime Minister Justin Trudeau has recently cast doubt on the exact date of implementation.
While California has already started awarding temporary commercial cannabis licenses to distributors, microbusinesses, labs and retailers, it has only recently launched its system for accepting cannabis cultivation and processing applications.
As a means of understanding the pre-legalization landscape of Canada, Statistics Canada has released an Economic Insights study on Canadian cannabis consumption, estimating the number of consumers and the volume of their consumption by examining data from 1960-2015.
Medical cannabis cards in the Mountain State won’t see the light of day until July 1, 2019, but it appears prospective patients might have an easier time finding a West Virginia medical cannabis doctor.
The Golden State may have just launched its online licensing system for California commercial cannabis licenses, but the Bureau of Cannabis Control is moving quickly to meet the legalization rollout date of Jan. 1, 2018, and has already chosen its first round of licensee recipients.
The Natural State is still reviewing the hundreds of medical marijuana business applications it received back in September 2017 and even though waiting is the hardest part, those that receive licenses can look to forward to the reality of Arkansas medical marijuana banking.
While the Wolverine State has had regulatory growing pains in launching its emergency marijuana rules, the Michigan medical marijuana application window is now open.
While the Evergreen state launched its Washington marijuana data dashboard back in 2015, the Centennial State is just now getting around to releasing its Colorado marijuana sales data.
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.
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.
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.
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.
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.
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.
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.
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.
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 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.
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.
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.
While some data has been collected on how marijuana affects HIV symptoms, there has yet to be a large-scale study on the topic; however, researchers at the University of Florida are getting ready to change that.
With last week’s devastating wildfires in Northern California and the state’s impending rollout of recreational cannabis on Jan. 1, 2018, California wants legal cannabis businesses to have commercial cannabis coverage and California Insurance Commissioner Dave Jones is on a mission to make it happen.
West Virginia medical marijuana may not be a reality for another two years, but state regulators are ready to start calculating the supply and demand needs of Mountain State patients.
The Hawaii Department of Health announced on Oct. 17, 2017, that it had approved the state’s second Hawaiian medical marijuana laboratory, Pharmlab Hawaii, to start testing medical marijuana from licensed dispensaries, registered caregivers and patients.
While the Pennsylvania medical cannabis program has been under the microscope for its application scoring practices, it has now taken a critical step forward in becoming fully operational.
Wildfires are continuing to lay waste to Northern California. Beyond the loss of life and land, some of those that have survived are waiting to sift through the ashes of their cannabis businesses knowing they don’t have cannabis insurance to recoup their losses.
While California may grow eight times the amount of cannabis state residents can consume, the United States Drug Enforcement Administration is dimming the brilliance of the Golden State’s illegal cannabis plants.