Editor’s Picks

California’s New Cannabis Rules: The End of the Beginning?

California’s New Cannabis Rules: The End of the Beginning?

California’s New Cannabis Rules: The End of the Beginning?

All three of the California agencies charged with implementation of the Medical Cannabis Regulation and Safety Act released their initial draft of new cannabis rules on April 28, 2017. This long-awaited event puts some meat on the ‘til-now skeletal ideas of what is going to happen in California as the expansion of the state-legal cannabis industry into adult recreational use moves forward.

Two Marijuana Stocks Suspended Temporarily by SEC

Two Marijuana Stocks Suspended Temporarily by SEC

On May 19, 2017, the U.S. Securities and Exchange Commission announced the temporary suspension of two marijuana stocks that trade on the OTC Markets, with both orders of suspension related to the companies neglecting to provide accurate and up-to-date information.

South Dakota Marijuana Legalization Petition Approved by State Attorney General

South Dakota Marijuana Legalization Petition Approved by State Attorney General

A South Dakota marijuana legalization petition has been approved by Attorney General Marty Jackley. On May 17, 2017, Jackley issued an Attorney General Explanation for the legalization initiative that aims to legalize all quantities of marijuana and have the South Dakota Department of Agriculture establish a regulatory system for recreational marijuana.

Aloha Green Harvests First Legal Hawaiian Medical Marijuana Crop

Aloha Green Harvests First Legal Hawaiian Medical Marijuana Crop

On May 16, 2017, Aloha Green Holdings, a licensed dispensary based in Oahu and one of the first two dispensaries approved to grow medical marijuana in the state of Hawaii, announced that it had harvested its first crop of Hawaiian medical marijuana.

Coloradan Members of Congress Intro Bill to Respect State Marijuana Laws

Coloradan Members of Congress Intro Bill to Respect State Marijuana Laws

On May 18, 2017, Colorado Reps. Diana DeGette and Mike Coffman introduced legislation to protect state marijuana laws from federal interference. If passed, the bill, “Respect States’ and Citizens’ Rights Act of 2017,” would amend the Controlled Substances Act so that the federal government could not use the CSA to preempt state marijuana laws.

Pasadena Ponders Shutting Off Utilities at Illegal Marijuana Dispensaries

Pasadena Ponders Shutting Off Utilities at Illegal Marijuana Dispensaries

Pasadena, Calif., is considering an ordinance that would shut off the utilities of illegal marijuana dispensaries operating within the city. On May 15, 2017, the city council voted unanimously in favor of the ordinance’s first reading; if approved at its second reading, the ordinance could go into effect as soon as June of this year.

Oregon Economic Forecast Gives First-Ever Recreational Marijuana Outlook

Oregon Economic Forecast Gives First-Ever Recreational Marijuana Outlook

On May 16, 2017, the Oregon Office of Economic Analysis issued its quarterly Oregon Economic and Revenue Forecast, with the forecast giving a recreational marijuana outlook for the first time in the forecast’s history.

Virginia Marijuana Arrests Continue to Hit Black Communities

Virginia Marijuana Arrests Continue to Hit Black Communities

When it comes to marijuana enforcement, it’s no secret that racial disparities persist even though black and white communities use marijuana at similar rates. The most recent reminder of this comes from the Old Dominion State, where Virginia marijuana arrests continue to disproportionately affect black communities.

Finance Minister to Talk Canadian Cannabis Taxes This Summer

Finance Minister to Talk Canadian Cannabis Taxes This Summer

Canada’s Finance Minister Bill Morneau is ready to talk Canadian cannabis taxes with the country’s provinces. On May 15, 2017, during a House of Commons meeting for the Standing Committee on Finance, Morneau addressed the Budget Measure Implementation Act and closed his opening remarks with a note on cannabis taxes.

Maine's Caregivers Surged as Dispensary Sales Dropped in 2016

Maine’s Caregivers Surged as Dispensary Sales Dropped in 2016

On April 21, 2017, the Maine Department of Health and Human Services issued its 2016 annual report on the state’s medical marijuana program, noting that the number of caregivers rose from 2,258 in 2015 to 3,258 in 2016, an increase of 44%.

Farmers Breathe Hope: South Carolina Hemp Bill Signed by Governor

Farmers Breathe Hope: South Carolina Hemp Bill Signed by Governor

From fiber to clothes to biomedicine, industrial hemp is fueling new opportunities across the United States, and a newly signed South Carolina hemp bill is going to give South Carolinians the opportunity to enter the re-emerging market of hemp.

Pennsylvania Medical Marijuana Laboratory Application Now Available

Pennsylvania Medical Marijuana Laboratory Application Now Available

While the the Pennsylvania Department of Health has already processed hundreds of applications for cultivators, processors and dispensaries, laboratory hopefuls can now get in on the action. On May 11, 2017, the PADOH released the application to become an approved Pennsylvania medical marijuana laboratory.

Florida Speaker Calls for Special Session on Medical Marijuana

Florida Speaker Calls for Special Session on Medical Marijuana

On May 10, 2017, Florida House Speaker Richard Corcoran joined a growing number of voices calling for the state legislature to convene a special session on medical marijuana so it can pass legislation regarding the program’s implementation and regulation.

California Governor Allotting $1.5M for Emerald Triangle Cannabis Cleanup

California Governor Allotting $1.5M for Emerald Triangle Cannabis Cleanup

On May 10, 2017, California Assemblyman Jim Wood, D-Healdsburg, announced that California Gov. Jerry Brown will allot $1.5 million from California’s state budget to cover an Emerald Triangle cannabis cleanup of illegal grow sites in Humboldt, Trinity and Mendocino Counties.

New York Senate Health Committee Passes Medical Cannabis Bill for PTSD

New York Senate Health Committee Passes Medical Cannabis Bill for PTSD

On May 9, 2017, the New York Senate Health Committee passed Senate Bill 5629, which would consider post-traumatic stress disorder an eligible condition for the state’s medical marijuana program.

Judge: San Diego DA Must Return MedWest Family's Personal Savings

Judge: San Diego DA Must Return MedWest Family’s Personal Savings

On May 5, 2017, San Diego County Superior Court Judge Tamila E. Ipema ordered local District Attorney Bonnie Dumanis to return the $100,693.85 in personal savings seized from James Slatic, former owner of MedWest Distribution, and his family. The money was originally seized on Feb. 2, 2016, following a raid on Slatic’s medical marijuana business on Jan. 28.

Future of Medical Marijuana Clouded by Trump's Signing Statement

Future of Medical Marijuana Clouded by Trump’s Signing Statement

On May 5, 2017, President Donald Trump signed the 2017 omnibus funding bill, covering the federal government’s funding through Sept. 30. The bill contains a provision that bans the Department of Justice from using funds to enforce federal marijuana laws in states that have legalized medical marijuana; however, Trump issued a signing statement that has clouded the future of medical marijuana.

Recreational Marijuana Petition Drive Preps for Launch in Michigan

Recreational Marijuana Petition Drive Preps for Launch in Michigan

On May 5, 2017, the Coalition to Regulate Marijuana Like Alcohol announced that it had submitted its ballot language to state officials and is ready to launch its recreational marijuana petition drive as soon as it earns the approval of the State Board of Canvassers.

Arkansas Regulators Approve Emergency Medical Marijuana Rules

Arkansas Regulators Approve Emergency Medical Marijuana Rules

On May 3, 2017, the executive subcommittee of the Arkansas Legislative Council approved emergency medical marijuana rules for the state, governing the implementation of regulatory oversight, the application process and medical marijuana registration, testing and labeling.

Maryland Auditor: Cannabis Commission Bungled Evaluation Contract

Maryland Auditor: Cannabis Commission Bungled Evaluation Contract

On May 3, 2017, the Maryland Office of Legislative Audits released a fiscal compliance audit of the state’s regulatory services, including an examination of the Maryland Medical Cannabis Commission’s contracting of Towson University’s Regional Economic Studies Institute to process and evaluate applications for cultivation, processing and dispensing.

Marijuana Index Fell 9% in April as US and Canadian Stocks Sell Off

Marijuana Index Fell 9% in April as US and Canadian Stocks Sell Off

The North American Marijuana Index, a stock index that tracks the top performing cannabis stocks in the United States and Canada, decreased 9% in April due primarily to heavy losses in the United States.

North Carolina Marijuana Legalization Garners Major Voter Support

North Carolina Marijuana Legalization Garners Major Voter Support

According to a recent poll published by Elon University, North Carolina marijuana legalization is gaining momentum, with more than half of the state’s citizens ready to legalize the plant for medicinal purposes.

World First: Uruguay Registering Adults for Recreational Cannabis Program

World First: Uruguay Registering Adults for Recreational Cannabis Program

On May 2, 2017, Uruguay’s National Drug Board announced that it had opened its cannabis registry system, commencing the process of Uruguay registering adults for its recreational cannabis program and making the country the first in the world to have a government-run recreational program.

DOJ Reminder: No Bankruptcy Protection for Marijuana Businesses

DOJ Reminder: No Bankruptcy Protection for Marijuana Businesses

Rep. Jared Polis, D-Colo., co-sponsor of a bill to end federal prohibition of marijuana, is preparing to educate lawmakers on Capitol Hill about marijuana policy, on May 3, 2017, and it seems the event may have another major talking point to address: bankruptcy protection for marijuana businesses.

Federal Funding Bill Extends Protection for State-Legal Medical Marijuana

Federal Funding Bill Extends Protection for State-Legal Medical Marijuana

With top members of Congress agreeing to a funding bill on April 30, 2017, the federal government should be able to avoid a shutdown and state-legal medical marijuana programs should have extended protection from federal enforcement actions.

Access to Banking Might Become Reality for Marijuana Businesses

Access to Banking Might Become Reality for Marijuana Businesses

On April 27, 2017, a bipartisan group of congressmen in the United States House of Representatives announced that they would be launching legislation to allow state-legal marijuana businesses access to banking services.

Hickenlooper Doesn't Foresee Sessions Cracking Down on State-Legal Marijuana

Hickenlooper Doesn’t Foresee Sessions Cracking Down on Legal Marijuana

On April 27, 2017, in an interview with Chuck Todd, host of NBC’s Meet the Press, Colorado Gov. John Hickenlooper recounted a recent talk he had with Attorney General Jeff Sessions and indicated that he doesn’t foresee Sessions cracking down on state-legal marijuana.

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.

4 Pitfalls to Avoid in Your Cannabis Career

4 Pitfalls to Avoid in Your Cannabis Career

When it comes to the cannabis industry, it’s difficult to even find an accurate comparison in business. Every business in this industry is effectively a startup in addition to the fact that we’re in one of the newest and fastest growing industries in the world; that makes it like a startup on steroids. To say it’s unpredictable and risky is an understatement.

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.


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