Legal & Regulatory News for Marijuana Businesses

Another Canadian medical marijuana firm licensed to export

Bart Schaneman  | November 11, 2016

Aphria, a federally licensed medical marijuana cultivator in Canada, has been chosen to export product to Australian biotech company Medlab Clinical.

Medlab Clinical is conducting trials on the use of cannabis to manage pain in cancer patients, according to the Australian Associated Press, and will import a liquid blend of THC and CBD from …

Denver’s public-use MJ initiative poised to pass by narrow margin

Bart Schaneman  | November 10, 2016

Denver’s vote to allow cannabis consumption in public businesses, including bars and restaurants, appears poised for passage, overcoming initial predictions that the initiative faced an uphill battle.

As of 9:30 p.m. Eastern Time Friday, Initiative 300 had received 53% of the approximately 273,000 votes that had been counted. A representative of the Denver County Clerk’s office said …

Arkansas health department to oversee new MMJ industry

Bart Schaneman  | November 10, 2016

The day after Arkansas voters approved legalized medical marijuana, the state’s Department of Health unveiled plans for how it will set up the necessary infrastructure to launch the new MMJ industry and regulate it once businesses are up and running.

The Department of Health said it will take several months to establish a regulatory …

President Trump: Election surprise creates huge uncertainties for cannabis industry

John Schroyer  | November 9, 2016

By Marijuana Business Daily staff

Donald Trump’s upset election victory is causing consternation in the marijuana industry even though seven states legalized medical or recreational cannabis and another paved the way for MMJ businesses.

Executives are uncertain of what a Trump presidency means in terms of federal regulations and enforcement, with some fearing an eventual crackdown.

An $8 billion night: 7 states legalize medical, recreational cannabis in historic election

Chris Walsh  | November 9, 2016

By Marijuana Business Daily staff

The cannabis industry scored a landslide victory Tuesday as four states legalized recreational marijuana and another three approved medical use, cementing the 2016 election’s place in the history books.

The developments could lead to $7 billion-$8 billion in additional annual retail cannabis sales, according to Marijuana Business Daily’s preliminary estimates.

Election Updates: Live coverage of marijuana measures across the country

Chris Walsh  | November 8, 2016

Marijuana Business Daily provided live updates on cannabis ballot measures and related news on Election Day (all updates in Eastern time).

3:45 a.m. Wednesday (Montana): Montana’s measure to legalize medical marijuana businesses is poised to win comfortably, as the initiative has garnered 56% of the vote with more than 80% of precincts reporting.

Handful of businesses and individuals donate $21M for, against marijuana measures

Eli McVey  | November 8, 2016

By Eli McVey and John Schroyer

The nine cannabis-related measures on ballots across the nation have drawn immense attention, most notably in the form of tens of millions of dollars in political contributions.

Campaign finance data shows that 20 businesses and individuals account for a whopping $20.8 million in donations on both sides.

Live election updates on marijuana measures start at 3 p.m. EST

Chris Walsh  | November 8, 2016

Marijuana Business Daily will provide live coverage of cannabis-related measures across the country on Election Day, offering readers frequent updates on state and local initiatives both before and after the polls close.

Coverage starts at 3 p.m. Eastern time and will continue throughout the night.

Updates on marijuana ballot measures in nine states will be posted on …