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Maryland Governor Orders Disparity Study on State's MMJ Program

Maryland Governor Orders Disparity Study on State’s MMJ Program

Maryland Governor Orders Disparity Study on State’s MMJ Program

On April 27, 2017, Maryland Gov. Larry Hogan announced that he had ordered the Governor’s Office of Minority Affairs to launch a disparity study on the state’s medical marijuana program.

Report: Medical Cannabis Patients Outspending Recreational Consumers

Report: Medical Cannabis Patients Outspending Recreational Consumers

On April 26, 2017, New Frontier Data, an analytics firm, announced that it had released The Cannabis Industry Annual Report: 2017 Legal Marijuana Outlook, revealing some compelling data on the market habits of medical cannabis patients and recreational cannabis consumers across the country.

Pennsylvania Processing Hundreds of Medical Marijuana Applications

Pennsylvania Processing Hundreds of Medical Marijuana Applications

On April 27, 2017, the Pennsylvania Department of Health provided an update on its medical marijuana program, announcing that it has currently received over 500 medical marijuana applications from prospective growers, processors and dispensaries.

Standards Go Global: ASTM Forming Cannabis Committee

Standards Go Global: ASTM Forming Cannabis Committee

On April 25, 2017, ASTM International, an international voluntary consensus standards organization, announced that its board of directors had approved the formation of a cannabis committee, signaling the professional development of global standards for the legal cannabis industry.

District Attorneys: Federal Enforcement Preempts State-Legal Marijuana

District Attorneys: Federal Enforcement Preempts State-Legal Marijuana

On April 20, 2017, the National District Attorneys Association announced that it had released “Marijuana Policy: The State and Local Prosecutors’ Perspective,” a white paper that argues federal drug policy should be enforced in state-legal marijuana markets in the United States.

Judges in California Advised Not to Invest in Legal Marijuana

Judges in California Advised Not to Invest in Legal Marijuana

On April 19, 2017, the California Supreme Court Committee on Judicial Ethics Opinions advised judges in California that holding a financial interest in any marijuana-related venture, whether medical or recreational, would violate the California Code of Judicial Ethics.

Poll: US Voters Support Legalization and Oppose Federal Meddling

Poll: US Voters Support Legalization and Oppose Federal Meddling

On April 20, 2017, Quinnipiac University announced the results of its latest national poll and found that 60% of American voters believe marijuana use should be legalized in the United States, the greatest level of federal legalization support ever recorded by Quinnipiac.

Report: Accelerated Adoption of Cannabis Pressuring Alcohol Volumes

Report: Accelerated Adoption of Cannabis Pressuring Alcohol Volumes

On April 20, 2017, Cowen and Company, a leading Wall Street investment bank, issued a report that shows the accelerated adoption of cannabis pressuring alcohol volumes, with beer most at risk.

Mountain State Medicine: West Virginia Governor Legalizes Medical Cannabis

Mountain State Medicine: West Virginia Governor Legalizes Medical Cannabis

On April 19, 2017, West Virginia Gov. Jim Justice signed Senate Bill 386, also known as the West Virginia Medical Cannabis Act, legalizing medical cannabis as a treatment option for patients suffering from one of several qualifying conditions.

Homeland Security Secretary Changes Tune on Marijuana

Homeland Security Secretary Changes Tune on Marijuana

It only took Homeland Security Secretary John F. Kelly two days to change his tune on marijuana. On April 16, 2017, in an interview with Chuck Todd, host of NBC’s Meet the Press, Kelly said, “Marijuana is not a factor in the drug war.” Fast forward to two days later and Kelly is singing a different song.

Poll: Majority of Americans Support Medical Marijuana Legalization

Poll: Majority of Americans Support Medical Marijuana Legalization

On April 17, 2017, “Weed & the American Family,” a poll conducted by The Marist College Institute for Public Opinion and Yahoo News, revealed data points on Americans’ perspectives regarding legalization, the evolution of social norms and how marijuana affects relationships.

Michigan Creates New Bureau to Oversee Medical Marijuana Program

Michigan Creates New Bureau to Oversee Medical Marijuana Program

On April 13, 2017, the state of Michigan announced that it has organized all medical marijuana regulations under the newly created Bureau of Medical Marihuana Regulation within the Department of Licensing and Regulatory Affairs, centralizing the medical marijuana program’s licensing, compliance, enforcement and registry under one roof.

Cannabis Stocks in Canada Drop on Thursday's Legalization Announcement

Cannabis Stocks in Canada Drop on Thursday’s Legalization Announcement

On Thursday, April 13, 2017, Canada made headlines with its official introduction of legislation to legalize recreational cannabis in the country by July 2018. While the country’s announcement has major national and international implications, cannabis stocks in Canada took a downturn upon hearing the news.

New York Reminds Insurers to Cover Visits Resulting in MMJ Certification

New York Reminds Insurers to Cover Visits Resulting in MMJ Certification

On April 12, 2017, the NYSDFS announced that it has reminded state-authorized health insurers that they must provide coverage for office visits that fall under the insured’s policy of covered services, including those resulting in patients receiving medical marijuana certifications.

Cannabis Compliance Platform Closes $3.25M Series A Offering

Cannabis Compliance Platform Closes $3.25M Series A Offering

On April 12, 2017, Flowhub, a seed-to-sale cannabis compliance platform, announced that it had closed an oversubscribed Series A offering of $3.25 million, with Green Lion Partners and Phyto Partners leading this round of financing.

Australian Company Harvesting Medical Cannabis Crop in Chile

Australian Company Harvesting Medical Cannabis Crop in Chile

On April 10, 2017, AusCann Group Holdings Ltd (ASX:AC8) announced that it had started harvesting its first medical cannabis crop in Chile through DayaCann, a joint venture between AusCann and the Daya Foundation, a non-profit based in Chile that advocates for alternative therapies.

44 Members of Congress Want DOJ to Respect State Medical Marijuana Laws

44 Members of Congress Want DOJ to Respect State Medical Marijuana Laws

The House Appropriations Subcommittee on Commerce, Justice, Science, and Related Agencies is preparing its spending bill for fiscal year 2018 and 44 members of Congress want the subcommittee to craft its bill so that the Department of Justice has to respect state medical marijuana laws.

Legalization Anticipation: Canadian Cannabis Stocks Gain 12.3% on Monday

Legalization Anticipation: Canadian Cannabis Stocks Gain 12.3% on Monday

While the Canadian Marijuana Index dipped slightly in March due to federal uncertainties, the Canadian public markets have bounced back today on the news of recreational marijuana legislation being introduced in Canada’s House of Commons this Thursday, April 13, 2017.

Massachusetts Banked $7.2M in Medical Marijuana Revenue in 2016

Massachusetts Banked $7.2M in Medical Marijuana Revenue in 2016

According to the Medical Marijuana Trust Fund Annual Report, issued by the Massachusetts Department of Public Health for fiscal year 2016, the state collected approximately $7.2 million in revenue from its medical marijuana program.

U.S. Marijuana Index Trends Down After Attorney General's Memo

US Marijuana Index Trends Down After Attorney General’s Memo

Attorney General Jeff Sessions issued a memo on April 5, 2017, outlining the mission of the U.S. Department of Justice’s Task Force on Crime Reduction and Public Safety, including the creation of a subcommittee to review marijuana enforcement policies, and it did not go unnoticed by public market participants.

Florida Congressman Introduces Legislation to Reschedule Cannabis

Florida Congressman Introduces Legislation to Reschedule Cannabis

On April 6, 2017, United States Rep. Matt Gaetz, R-Fla., announced the introduction of a bill to reschedule cannabis from Schedule I to Schedule III, shifting it from a class of drugs categorized as having no medical benefit to a class of drugs categorized as having known medical benefits paired with low rates of abuse and dependence.

Attorney General's Task Force to Review Marijuana Enforcement Policies

Attorney General’s Task Force to Review Marijuana Enforcement Policies

On April 5, 2017, the Department of Justice announced that Attorney General Jeff Sessions had issued a memo with an update on the DOJ’s Task Force on Crime Reduction and Public Safety, including the move to review marijuana enforcement policies.

Public Company Applies to Grow Medical Cannabis for Louisiana State University

Public Company Applies to Grow Medical Cannabis for Louisiana State University

On April 3, 2017, GB Sciences (OTCQB:GBLX) announced that it had submitted an offer to cultivate, extract, process and produce medical cannabis for Louisiana State University, one of two state-sanctioned medical cannabis cultivators.

Oregon and Colorado Democrats Call For Federal Regulation of Pot

Oregon and Colorado Democrats Call For Federal Regulation of Pot

Democrats from Oregon and Colorado–along with a Republican from Kentucky–are proposing bills in the U.S. Congress that would establish federal regulations for marijuana businesses, according to The Hill. Legislation from Oregon’s Sen. Ron Wyden and Rep. Earl Blumenauer would get rid of the federal ban on marijuana.

Canadian Researchers Identify Cannabis Genes Responsible for Terpenes

Canadian Researchers Identify Cannabis Genes Responsible for Terpenes

On March 29, 2017, researchers at the University of British Columbia’s Michael Smith Laboratories announced that they have identified the cannabis genes responsible for producing terpenes, the plant’s aroma-producing compounds.

South Carolina Republicans Co-Sponsor Medical Marijuana Bill

South Carolina Republicans Co-Sponsor Medical Marijuana Bill

After losing a son to opioid addiction last year, a conservative South Carolina Republican is co-sponsoring a medical marijuana bill in the state’s General Assembly. State Rep. Eric Bedingfield said he believes medical marijuana can help people overcome opioid addiction.

Cannabis Banking in California: Cole Memo Co-Author's Recommendations

Cannabis Banking in California: Cole Memo Co-Author’s Recommendations

On March 27, 2017, California’s Cannabis Banking Working Group held a meeting at Oakland City Hall in Oakland, Calif., to address possible solutions to resolve the state-federal banking issue for California’s legal marijuana businesses. California State Treasurer John Chiang announced the Cannabis Banking Working Group back on Dec. 2, 2016, and today’s event marked the

Medical Marijuana Bill Approved by Nebraska Legislative Committee, Endorsed by Newspaper

Nebraska Legislative Committee Approves Medical Marijuana Bill

A Nebraska legislative committee has voted to approve a medical marijuana bill, according to a March 18, 2017, article at Omaha.com. Legislative Bill 622, sponsored by state Sen. Anna Wishart of Lincoln, Nebraska, passed the Judiciary Committee with a 6-1 vote. It will now head to the legislative floor.

420 Prep in Denver: Colorado and Lyft Join Forces

420 Prep in Denver: Colorado and Lyft Join Forces

On March 20, 2017, the Colorado Department of Transportation announced that it has partnered with the ridesharing company Lyft to introduce the 320 Movement, a campaign to encourage cannabis consumers to plan their rides before getting high.

Only Universities Can Test Ohio's Medical Marijuana For First Year

Only Universities Can Test Ohio’s Medical Marijuana For First Year

In Ohio, public universities have to test medical marijuana during the first year of the state’s program. Private laboratories are not allowed to do the testing. The law creates a practical problem. Universities do not necessarily want to risk losing federal funding for testing medical marijuana, which remains illegal under federal law.

Senator Wants California Legislature to Urge Trump to Reschedule Marijuana

Senator Wants California Legislature to Urge Trump to Reschedule Marijuana

On March 21, 2017, California Sen. Jeff Stone, R-Temecula, presented a resolution to the Senate Standing Committee on Public Safety that would have the California State Legislature urge the United States Congress to pass legislation to reschedule marijuana and have President Donald Trump sign it.

Illinois Legislators Introduce Recreational Marijuana Bills

Illinois Legislators Introduce Recreational Marijuana Bills

Two Illinois legislators have introduced bills to legalize recreational marijuana in the state. However, state Sen. Heather Steans and state Rep. Kelly Cassidy, both Democrats from the north side of Chicago, said they will not put the bills up for a vote this year. Rather, they will hold hearings on the bills with an eye toward putting them up for a vote next year.


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