Legal & Regulatory News for Marijuana Businesses

Florida medical marijuana industry rollout likely to be slow

John Schroyer  | December 2, 2016

Even though medical marijuana passed by a historic margin in Florida last month, that doesn’t mean state legislators are going to rush to implement the new law. Rather, it will likely be the opposite, with lawmakers dragging their feet.

A whopping six million voters supported legalizing MMJ at the ballot box, but establishing …

CA treasurer forms group to address federal banking rules

Bart Schaneman  | December 2, 2016

California’s state treasurer has assembled a group to address the problems caused by banks’ refusal to deal with marijuana businesses, following up on his state’s legalization of recreational cannabis in the Nov. 8 election.

State Treasurer John Chiang also sent a letter to President-elect Donald Trump and included members of California’s congressional delegation asking …

Ireland may legalize medical marijuana

John Schroyer  | December 2, 2016

Yet another country is now seriously considering legalizing cannabis for medical purposes: Ireland.

The small island nation’s parliament now has a bill before it to legalize MMJ, and the minority government announced that it would not stand in the way of the measure, Reuters reported Thursday.

The nation’s health minister “accepted the central …

Minnesota approves PTSD for medical cannabis program

John Schroyer  | December 1, 2016

Minnesota’s two medical marijuana producers will be getting a bigger patient base and more ways to deliver MMJ to patients under a new ruling released Thursday by the state’s health department.

Medical patients suffering from post-traumatic stress disorder will be able to start making MMJ purchases in August, and the two medical cannabis …

Trump makes second anti-cannabis cabinet pick

Bart Schaneman  | November 30, 2016

President-elect Donald Trump has made a second anti-marijuana appointment to his cabinet, selecting Rep. Tom Price from Georgia to serve as Health and Human Services secretary.

At the federal level, the HHS doesn’t regulate marijuana. That’s left to the Justice Department, but the HHS secretary can control the availability of cannabis in states that …

Maine rec legalization recount to begin Monday

John Schroyer  | November 30, 2016

A formal recount of Maine’s election results on recreational cannabis legalization is set to begin Monday and is expected to take four to six weeks and cost the state up to half a million dollars.

Question 1, the formal name of the Maine rec initiative, was approved by less than a 1% margin of …

Proposed national fire safety codes in works for cannabis businesses

Omar Sacirbey  | November 29, 2016

By Omar Sacirbey

Marijuana extractors in particular as well as cultivators and retailers across the nation can anticipate new fire safety guidelines in the months ahead designed to head off potentially deadly blazes and explosions at cannabis businesses.

Week in Review: Investor insight into MJ trade, Denver buzzkill & lawmaker confident in cannabis protections

Bart Schaneman  | November 25, 2016

By Bart Schaneman and John Schroyer

Investors get an inside look at the cannabis industry, Denver marijuana advocates bemoan a decision on public use, and a Republican congressman is hopeful a federal protection for the MJ industry will remain.

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

Maine preparing for recount on recreational cannabis

John Schroyer  | November 22, 2016

A formal recount of the Nov. 8 election results in Maine, including the initiative that would legalize adult-use cannabis, is now on the way.

The Maine secretary of state has certified the signatures on a pair of recount petitions that target the marijuana ballot measure as well as an educational tax, and the …