Legal & Regulatory News for Marijuana Businesses

MD appoints new medical marijuana regulator

Bart Schaneman  | October 10, 2016

Maryland’s governor has appointed a new patient advocate to the state’s 16-member medical cannabis board.

The move comes amid criticism that Maryland’s Medical Cannabis Commission failed to consider racial diversity when it awarded its first batch of grower licenses in August, the Washington Post reported.

Maryland Gov. Larry Hogan appointed Saundra Washington, an …

Maine rec cannabis legalization backers outspend opponents 26-1

Bart Schaneman  | October 7, 2016

Supporters of the campaign to legalize recreational marijuana in Maine have overwhelmed their opponents in fundraising.

Backers of Question 1, as the legalization initiative is called, have raised $1.3 million this year, more than 26 times the opposition, according to the Portland Press Herald.

The legalization effort has attracted contributions from some heavy hitters.

The …

Denver marijuana packaging firm files for bankruptcy

Omar Sacirbey  | October 6, 2016

High Supply, a Denver producer of child-resistant containers for marijuana products, has filed for bankruptcy protection, claiming the company’s “severe financial stress” was caused by “theft and corporate espionage by former employees.”

High Supply CEO Paul Lufkin is also suing a former co-owner and several formal employees, asserting they tried to launch another …

Certified seeds and CBD help U.S. hemp industry take root

Omar Sacirbey  | October 6, 2016

By Omar Sacirbey

America’s fledgling hemp industry recently got its latest boost when the Colorado Department of Agriculture submitted for potential state certification six varieties of hemp seeds that, if certified, U.S. farmers could buy to start their own crops.

Hemp cultivation also is benefiting from rising demand for CBD products and new applications for …

Alaska’s recreational cannabis market just weeks from debut

John Schroyer  | October 5, 2016

By John Schroyer

The fourth recreational marijuana industry in the United States is ready for launch.

Alaska’s adult-use program is just a few weeks from the first retail sales, according to estimates by multiple sources. A number of rec shops are scrambling to open their doors, perhaps by month’s end.

CA medical cannabis extract makers shielded under new law

Bart Schaneman  | October 4, 2016

Medical marijuana extract manufacturers in California will receive legal protections under a new law signed by Gov. Jerry Brown.

Assembly Bill 2679, signed on Sept. 29, spans a gap between existing unregulated medical marijuana extracts and the soon-to-be regulated market, which starts the first day of 2018.

 …

SEC accuses marijuana-focused company, CEO of fraud

Omar Sacirbey  | October 4, 2016

The Securities and Exchange Commission has filed fraud charges against a publicly traded company and its top executive, alleging they falsely claimed to have secured $100 million to finance marijuana businesses.

The SEC complaint – filed Sept. 30 – said Denver-based Infinex Ventures and its CEO Ronald Salem actually did not have money to invest. The …

Up to 12 Oregon rec shops may be fully operational

John Schroyer  | October 3, 2016

Oregon’s marijuana industry has begun a new chapter.

At least 26 recreational cannabis retailers in the state have now been fully licensed, the Associated Press reported. And up to a dozen of those were in a position to begin adult-use sales this past Saturday, the official start of Oregon’s full recreational marijuana market.

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