With Uruguay becoming the first country in the world to regulate recreational cannabis production and sales, Uruguayan pharmacies are playing a critical role in world cannabis history.
If a drug dog detects the scent of a controlled substance on a vehicle, it isn’t enough probable cause for police in Colorado to search the vehicle, according to a ruling issued by the Colorado Court of Appeals on July 13, 2017.
Summer is hot and ice cream is cool, but cannabis ice cream is even cooler. With National Ice Cream Day on July 16, 2017, cannabis consumers in Colorado have three options: get high and eat ice cream; make cannabis-infused ice cream or go to a dispensary and buy cannabis ice cream.
The Delaware medical marijuana program is making safe access easier for those who suffer from post-traumatic stress disorder. On July 13, 2017, Delaware Gov. John Carney signed Senate Bill 24, removing the original law’s requirement that PTSD patients be authorized specifically by a psychiatrist.
An often held assumption about medical marijuana dispensaries is that they are a magnet for drugs, violence and crime; however, a new study in the Journal of Urban Economics turns that assumption on its head.
Wisconsin marijuana legalization has been given new life. On July 13, 2017, Wisconsin Rep. Melissa Sargent held a press conference to announce the introduction of a bill aimed at legalizing both medical and recreational marijuana in the state, marking the third time a marijuana legalization bill has been introduced in the Wisconsin State Legislature.
While Los Angeles County cannabis regulations have yet to be developed, the county is ready to gain insight from its residents on a range of issues that need to be addressed to regulate cannabis in its unincorporated areas.
Is Facebook taking a stand against Alaska dispensaries? Some dispensary owners in the state of Alaska think that might be the case.
A recent Arizona medical marijuana merger has enabled a national marijuana company to become the largest operator in the Grand Canyon State. On July 11, 2017, Harvest merged with Modern Flower, a local cultivator, making Harvest the greatest license-holder for medical cannabis dispensaries and cultivation facilities in the state.
On July 11, 2017, the Drug Policy Alliance announced that a report it had commissioned by the Marijuana Arrest Research Project had been released, revealing that marijuana possession arrests under Mayor Bill de Blasio’s tenure are marked by a high rate of racial disparity.
Puerto Rico medical cannabis legalization has become a legislative reality. On July 9, 2017, Puerto Rico Gov. Ricardo Rosselló Nevares signed the Law to Improve the Study, Development and Research of Cannabis for Innovation, Applicable Norms and Limits, also known as MEDICINAL Law, to regulate medical cannabis on the Caribbean island.
With members of the industrial hemp industry facing unnecessary banking hurdles, several United States Senators have joined forces to urge the Department of Justice not to use funds to punish banks that do business with them.
The North American Marijuana Index, a stock index that tracks the top performing cannabis stocks in the U.S. and Canada, decreased 3% in June as continued losses in Canada closed out the Index’s second worst performing quarter since its inception in January 2015.
On June 10, 2016, Colorado Gov. John Hickenlooper signed House Bill 16-1211 into law, creating Colorado cannabis transporter licenses for medical and recreational cannabis transporters. With the new law requiring transporters to be licensed by July 1, 2017, the state has already issued one medical transporter license and two recreational cannabis transporter licenses.
Change is the only constant. Reflecting on the past seven years in the cannabis industry, I marvel at how much has changed and how quickly it has happened.
With Ohio’s cultivation application period having closed at the end of June, the state has made quick turnaround time to release information on cultivation applicants.
Last summer, medical marijuana legalization in Greece was being studied by the country’s Ministry of Health, but that study lead to action and now legalization has become a reality for the Hellenic Republic.
In California, Sonoma County workers have been busy preparing for the expected rush of business owners waiting at the county’s door on July 5, 2017. Starting at 8 a.m. on Wednesday, Sonoma County medical marijuana business applications will be accepted at departments throughout the county.
While recreational legalization failed recently in the Green Mountain State, the Vermont medical marijuana program is still making progress.
On June 30, 2017, Denver’s licensing officials released final rules regulating the city’s pilot program to allow social marijuana use within city limits.
Pennsylvania medical marijuana program has taken a critical step forward by granting its first-ever medical marijuana dispensary permits.
Utah medical marijuana legalization is gaining traction. On June 27, 2017, the Utah Patients Coalition announced that a majority of voters support medical marijuana legalization via a state ballot initiative.
While Cuba and the United States are working closely to combat the small country’s ongoing problem with drug trafficking, Cuban officials have said that the legalization of marijuana in nearby countries is actually adding to the trouble, dispelling the prospects of Cuban marijuana legalization.
On June 20, 2017, Battelle, an Ohio-based non-profit research and development organization that has studied tobacco for the past 50 years, announced that it would be expanding its research efforts to include marijuana and opioids.
On June 21, 2017, attorney Jasmine Rand announced that her client, Jawara McIntosh, son of iconic reggae artist Peter Tosh, was beaten into a coma on Feb. 21, 2017, at New Jersey’s Bergen County Jail while serving six months for cannabis-related charges.
Canada’s recreational cannabis legalization is planned for a rollout in July 2018, but provinces and territories are in charge of drafting and establishing jurisdiction-specific rules, so they’ve been working hard to create rules that fall within the country’s legalization framework.
On June 19, 2017, Mexican President Enrique Peña Nieto signed a measure into law that legalizes marijuana for research and medicinal purposes.
The Pennsylvania medical marijuana program is getting closer to being operational. On June 20, 2017, the Pennsylvania Department of Health announced that it had issued 12 grower/processor permits, with the clock ticking on permittees to have their facilities operational within six months before they can start cultivating medical marijuana.
Oklahoma medical marijuana legalization may become a reality in 2018 as a legalization initiative has qualified for the state’s 2018 ballot.
Democratic lawmakers in the Garden State are making moves on a New Jersey recreational marijuana bill. On June 19, 2017, the state Senate Judiciary Committee held a formal hearing on S-3195, a bill that would legalize, tax and regulate recreational marijuana in the state.
On June 15, 2017, the United States Securities and Exchange Commission called hemp oil fraud on a public company, filing a complaint in federal court that claims CV Sciences (OTCQB:CVSI) , formerly known as CannaVEST, and its CEO, Michael Mona, Jr., intentionally overstated the company’s total assets.
Two online marijuana shipment businesses are under investigation by Denver’s Better Business Bureau. On June 15, 2017, the BBB announced that it was investigating Denver Marijuana and Denver Smoke Buds for illegally mailing marijuana, among other reasons.
A group of lawmakers reintroduced a bipartisan medical cannabis bill just days after a letter surfaced from Attorney General Jeff Sessions that asked Congress to let him prosecute medical cannabis users.
In an effort to protect Pennsylvania medical marijuana patients from federal enforcement actions, Pennsylvania Gov. Tom Wolf sent a letter to United States Attorney General Jeff Sessions on June 15, 2017, saying that the federal government should not interfere with the state’s medical marijuana program.
Louisiana State University has reviewed all seven applications submitted by prospective marijuana contractors and has determined that production contract for the LSU medical marijuana program should be awarded to a public company.
On June 12, 2017, the MedMen Opportunity Fund, a California-based private equity fund focused on the legal marijuana industry, filed Form D with the United States Securities and Exchange Commission, indicating that it had raised approximately $60 million of its $100 million offering.
United States Attorney General Jeff Sessions personally pleaded with Congress to oppose a provision in the federal spending bill that protects medical marijuana providers operating in accordance with state laws from federal enforcement actions so that the Department of Justice can prosecute medical marijuana cases.
As the Golden State prepares to roll out new medical and recreational regulations on Jan. 1, 2018, a recent California cannabis study has estimated that all of that preparation will result in a $5 billion windfall for the state’s legal market.
On June 12, 2017, ASTM International, an international voluntary consensus standards organization, announced that it had signed a Memorandum of Understanding with the Foundation of Cannabis Unified Standards, indicating that the two organizations will collaborate in developing cannabis standards for the legal cannabis industry.
It seems the advent of the Trump Administration has yet to dissuade banks from serving state-legal marijuana businesses. According to a marijuana banking update issued by the Financial Crimes Enforcement Network, a growing number of financial institutions are banking marijuana money in the United States.
In the span of two days, the City of Los Angeles has taken three important steps toward regulating its legal cannabis market—issuing a cannabis dispensary map, draft commercial cannabis regulations and a proposed zoning ordinance.
On June 8, 2017, former NBA star Cliff Robinson will launch his Uncle Cliffy cannabis products in Portland at Oregon’s Finest on 736 NE Martin Luther King Jr Blvd.
The combination of cannabinoids and chemotherapy could be the key to improving cancer treatment. This is according to a new study published in the International Journal of Oncology on May 29, 2017.
On June 5, 2017, Colorado Gov. John Hickenlooper signed Senate Bill 17, approving post-traumatic stress disorder as a qualifying condition for the state’s medical marijuana program. With the addition of Colorado, there are now 20 states, plus Washington, D.C., that allow medical marijuana for PTSD.
In an attempt to gain a foothold in Massachusetts’ burgeoning recreational marijuana industry, the tobacco industry wants marijuana producers to distribute their products through its members.
On June 2, 2017, Alberta, one of Canada’s western provinces, announced that it is seeking input from Albertans on the province’s recreational marijuana rollout.
The North American Marijuana Index, a stock index that tracks the top performing cannabis stocks in the U.S. and Canada, decreased 15% in May as stocks sold off in both markets. This marks the worst performing month for the North American Marijuana Index since December 2015.
On May 31, 2017, the Washington State Liquor and Cannabis Board announced that it had chosen Franwell as the Apparent Successful Vendor to replace BiotrackTHC, the state’s current marijuana traceability contractor. With Franwell scoring the highest out of the seven bids submitted, the state will now proceed by negotiating the contract with the company.
On June 1, 2017, High Times announced that controlling interest in the company had been acquired by 20 investors, a group comprised of cannabis industry members, entrepreneurs and entertainment veterans. Oreva Capital, a Los Angeles-based investment firm, led the High Times acquisition, valuing the company at $70 million. The company will now operate as High Times Holding Company.
On May 31, 2017, the Colorado Department of Agriculture emailed an update on cannabis production, announcing that the Colorado School of Public Health and the Colorado Department of Public Health and Environment are holding a safety training event for marijuana cultivation workers on June 28 at the CU Anschutz Campus in Aurora.