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.
Cannabis prohibition is remarkably similar to the prohibition of alcohol in the 1920s. On March 7, 2017, at the California Cannabis Business Expo in San Diego, Dr. Joshua Hartsel discussed the tremendous opportunity unfolding in California’s market in regards to extracts and other concentrate products.
The California Cannabis Business Expo wound down on March 8, closing with two panels at the Marijuana Investor Summit: one featuring the CEOs of three U.S. based firms active in the cannabis space; the other featuring four business and financial executives from Canada, who could speak to the state of the same industry in a very different legal and cultural context.
At the California Cannabis Business Expo on March 8, 2017, entrepreneurs and investors interested in the science and technology of medical cannabis were given a crash course in the future of cannabis, and cannabidiol, as an alternative to pharmaceuticals by Hemp Business Journal founder Sean Murphy.
in January 2018 two distinct California state laws will come into effect, the Medical Marijuana Regulation and Safety Act and the Adult Use Marijuana Act, the mandating act for a new adult-recreational industry. So the question is: what hoops is an entrepreneur going to have to jump through to avail himself of this double opportunity?
On March 7, 2017, at the California Cannabis Business Expo, the Emerging Brand Showcase gave fledgling cannabis companies the opportunity to pitch their brands to a panel of industry experts, including AJ Gentile, CEO and co-founder of SpeedWeed; Mara Gordon, founder of Aunt Zelda’s; Jen Gentile, Chief Marketing Officer at SpeedWeed; and Gino Gentile, SpeedWeed’s Vice President of Business Development.
The founders of ResponsibleOhio, the group that sought to legalize recreational marijuana through a 2015 ballot measure, want to start growing and processing medical marijuana, according to a March 8, 2017, article at Cleveland.com. Jimmy Gould and Ian James are seeking one of 12 licenses available under the Ohio Medical Marijuana Control Program.
The second day at the California Cannabis Business Expo, Monday, March 6, kicked off with a discussion of the “Trump effect,” by Lawrence W. Horwitz, of Horwitz + Armstrong, a law firm and professional corporation headquartered in Lake Forest, California.
When it comes to the legal marijuana industry, the devil is in the details; and nothing is more devilish, or more onerous, than complying with the intricate rules and regulations imposed upon the industry.
CannaPitch, a cannabis industry live pitch session featuring five industry experts as pitch appraisers on the one hand and a unique set of entrepreneurs on the other, proved the highlight of the first day of the California Cannabis Business Expo, in San Diego, on March 5, 2017.
You’ve found a strain that you love and it’s available at your local dispensary, but do you know under what conditions it was grown or how it was handled when infused into your favorite edible? Maybe the budtender guarantees you’ve selected a quality product, but you may soon be empowered beyond blind trust as the next level of universal standards are on the horizon.
In response to White House Press Secretary Sean Spicer’s recent comments on federal marijuana policy, Oregon lawmakers are making moves to protect the the private information of recreational marijuana consumers.
When White House Press Secretary Sean Spicer commented on the potential of “greater enforcement” of federal marijuana law under the Trump Administration, the industry reacted immediately. Now, a bipartisan group of U.S. Senators has penned a letter in an effort to protect the recreational marijuana industry.
On March 1, 2017, Pacific Gas and Electric Company announced that licensed medical marijuana cultivators are now eligible for PG&E’s agricultural energy rate and recreational cultivators will be eligible once they’ve been licensed under the Adult Use of Marijuana Act.
While President Donald Trump vowed on his campaign trail to let states decide the fate of marijuana legalization, recent comments by the Trump Administration seem to negate his campaign promise and have created a ripple effect in the public cannabis markets.
On Feb. 27, 2017, Congressman Tom Garrett, R-Va., introduced the “Ending Federal Marijuana Prohibition Act of 2017,” to the House of Representatives. If passed, the bill, H.R. 1227, would decriminalize marijuana federally by removing it from the federal controlled substances list.
During a Feb. 27, 2017, meeting with reporters at the U.S. Justice Department, Attorney General Jeff Sessions gave a new explanation of his views on marijuana and federal law. “Most of you probably know I don’t think America is going to be a better place when more people of all ages and particularly young people start smoking pot,” Sessions said.
According to a study recently published by the International Journal of Drug Policy, patients in Canada are substituting marijuana for opioids, benzodiazepines and antidepressants for symptom relief from pain and mental health conditions.
On Feb. 23, 2017, during a daily briefing, White House Press Secretary Sean Spicer answered a reporter’s question regarding marijuana enforcement, prompting immediate reactions from members of the legal cannabis industry.
On Feb. 23, 2017, Louisiana’s Southern University Land-Grant Campus held a town hall meeting on medical marijuana, providing attendees information on the university’s plans to move forward with the state’s medical marijuana program.
Award season is coming to an end this month with the 89th Academy Awards airing on Feb. 26, 2017, at Los Angeles’ Dolby Theatre. Two of this year’s nominated films depict the consequences of drug use in minority communities — a completely different experience than that of some of this year’s nominated actors.
During a White House Daily Briefing on Feb. 23, 2017, press secretary Sean Spicer gave insight into how the Trump Administration may proceed in regards to the enforcement of federal marijuana law.
On Feb. 22, 2017, Australia’s Department of Health announced that providers approved by the Office of Drug Control will be allowed to import medical marijuana from approved international sources.
On Feb. 21, 2017, the University of Texas, in conjunction with the Texas Tribune, released the results of its February 2017 poll, with the outcomes demonstrating that opposition to legalization is on the decline while support for private use marijuana is on the rise.
In mid-February, researchers at Colorado State University and the Center for Health, Work & Environment at the Colorado School of Public Health, published “Work and Well-Being in the Colorado Cannabis Industry.”
One of the biggest challenges faced by cultivators is controlling and mitigating crop damaging pests and microbial contamination.
On Feb. 16, 2017, the Congressional Cannabis Caucus held a press conference in Washington, D.C., to address the future of cannabis policy reform in the United States.
Entrepreneurs, investors and career seekers are eager to navigate California’s newly legalized recreational cannabis market and the California Cannabis Business Expo is ready to show current and future stakeholders the way on its opening day at the Sheraton Marina Hotel in San Diego on March 5, 2017.
On Feb. 9, 2017, Washington regulators shut down operations at Nine Point Growth Industries, the state’s second oldest licensed recreational marijuana dispensary.
Gaelan Bloomfield and Ram Venkay, partners in a new investment fund that will be managed from Australia and will focus on Calif.-based cannabis investment opportunities, are notably wary about the prospects at home, Down Under.
In 2016, Californians ordered marijuana on the Eaze platform once every 30 seconds, according to the “Eaze Insights: 2016 State of Cannabis Data Report.” That doubled 2015’s rate of an order once every minute. Eaze, an online platform for marijuana deliveries, drew its report from 250,000 platform users and a supplemental survey of 5,000 state residents.
On Feb. 6, 2017, the first clinical trial to study the effects of medical marijuana in the treatment of post-traumatic stress disorder in military veterans dispensed medical marijuana to its first veteran at the Scottsdale Research Institute in Phoenix.
On Feb. 7, 2017, Health Canada announced that it is going to start random testing of medical marijuana produced by all of the country’s licensed producers in an attempt to ensure patients aren’t being exposed to contaminated products.
With the spread of legalization across America, jurisdictions with legal marijuana are learning the importance of cultivating marijuana with safe agricultural practices.
Next week, the Louisiana State University Agricultural Center, one of the state’s two state-sanctioned medical cannabis cultivators, will start accepting applications from contractors interested in cultivating cannabis on behalf of the LSU AgCenter for the state’s medical cannabis program.
With its Humboldt Institute for Interdisciplinary Marijuana Research, Humboldt State University in California has been at the academic forefront of marijuana since 2012, but other institutions of higher education in the state are starting to follow suit.
On Feb. 1, 2017, the Hawaii State Department of Health announced that Aloha Green Holdings and Maui Grown Therapies have been approved to commence their cannabis cultivation operations, making them the first two dispensaries in the state to receive such approval.
While several municipalities in California have enacted temporary bans on recreational marijuana and others have yet to decide the fate of the state’s newly legalized industry, America’s Finest City has just become the first city in San Diego County to approve recreational marijuana sales.
On Jan. 27, 2017, the Ohio Board of Pharmacy and the Ohio Department of Commerce announced another round of proposed rules for the state’s medical marijuana program. In this round, regulators tackled rules for medical marijuana processors, patients and caregivers.
On Jan. 10, 2017, Health Canada authorized James E. Wagner Cultivation in Ontario to start cultivating medical cannabis, making it the 38th licensed producer in Canada and the first producer of 2017 licensed under the Access to Cannabis for Medical Purposes Regulations.
On Jan. 26, 2017, Queensland Health announced the release of initial medical cannabis guidelines for medical practitioners in Queensland, Australia.
More Arizonans are using medical marijuana than ever before. This is according to a year-end report on the state’s medical marijuana program, which was released on Jan. 24, 2017, by the Arizona Department of Health Services.
On Jan. 20, 2017, the Oregon Department of Revenue announced that as of Dec. 31, 2016, it had collected $60.2 million in marijuana tax revenue, surpassing the $43 million forecast by state economists earlier this year.
On Jan. 19, 2017, the German Bundestag, the national parliament of the Federal Republic of Germany, adopted a law to legalize medical cannabis, according to a statement from the Bundestag.
North Americans spent $53.3 billion on legal, illegal, and medical marijuana in 2016, according to a Jan. 17, 2017, release from Arcview Research Group. That’s more than people in the United States spent on McDonald’s and Starbucks combined.
While some cannabis businesses have borrowed plays from the winery playbook, the wine industry is starting to look for new opportunities in legal cannabis.
After hitting sales of $1.2 billion in 2016, Washington state’s recreational marijuana sales are projected to top $2 billion by 2020, according to a recent report from Arcview Market Research and New Frontier.
Nothing evokes passionate debate in the cannabis community like the threat of big business taking over. The arguments against big marijuana fill the internet. The heartfelt plea to preserve small farms is echoed throughout the US, Canada, and Jamaica. At the Marijuana Business Conference in Las Vegas last November there was even a debate dedicated to arguing which was better: Craft Cannabis vs Big Marijuana.
With 13 Medical Cannabis Cups to his name, Kyle Kushman is a prolific cultivator. Strains and genetics are his passion and the host of The Grow Show podcast and High Times columnist loves to share his knowledge.
On Jan. 11, 2017, Vireo Health of New York, one of five medical marijuana companies licensed by the state of New York, announced that the New York State Department of Health has approved its medical marijuana delivery program, making it the first company in the state to receive such approval.