Legal & Regulatory News for Marijuana Businesses

Marijuana Lounge Initiative Fails to Make Denver Ballot

John Schroyer  | August 30, 2016

A movement to legalize cannabis clubs in Denver has failed to make the November ballot, but a second ballot initiative to allow marijuana use in some bars and other businesses could still be placed before voters.

The Denver chapter of NORML failed to make the ballot with its pro-marijuana lounge initiative, having turned …

Revolving Door at Cannabis Programs Creates Uncertainty for MJ Entrepreneurs

Omar Sacirbey  | August 30, 2016

By Omar Sacirbey

Turnover of key personnel at state marijuana agencies has become relatively common across the country, creating uncertainties for cannabis entrepreneurs already operating in an unpredictable environment.

Over the past two years, several top marijuana regulators in various states have departed – either voluntarily or because they were forced to step down.

Israel to Begin Exporting Medical Cannabis Overseas

Roger Fillion  | August 29, 2016

Israel plans to begin exporting medical marijuana overseas, the nation’s agriculture minister said, a decision that comes soon after the government approved steps to make MMJ more widely available to patients in the country.

The Times of Israel reported the shipments would begin “soon.”

Agriculture Minister Uri Ariel told Israel Radio over the …

Opposition to Nevada Rec Now Includes AG, Law Enforcement

John Schroyer  | August 29, 2016

Nevada’s attorney general and other top law enforcement officials have come out forcefully against the ballot initiative to legalize adult-use marijuana in the state.

The group cited various concerns late last week, ranging from the initiative being a money grab by the marijuana industry to public safety and the possibility that edibles would appeal to …

Week in Review: Growth Potential in New York, Oregon Rec Market Red Hot & MI Stumbles

John Schroyer  | August 26, 2016

By John Schroyer

New York’s health department recommends doubling the size of the state’s medical marijuana industry, Oregon recreational applications flood in as adult-use sales skyrocket, and Michigan’s MJ legal limbo may persist a few more years.

Here’s a closer look at some notable developments in the marijuana industry over the past week.

Landing a Bank Account: Q&A With Sundie Seefried of Partners Colorado Credit Union

Omar Sacirbey  | August 25, 2016

By Omar Sacirbey

Sundie Seefried was ready to retire as CEO of a Colorado credit union when some lawyer friends asked why she couldn’t bank their marijuana business clients.

Good question, she thought. Seefried met with bankers, lawyers and cannabis business owners. What she learned scared her out of retiring.