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 …

NV attorney general, law enforcement bash rec measure

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.

Michigan rec campaign loses court fight, may not make ballot

John Schroyer  | August 24, 2016

Michigan residents may not get the opportunity to vote on legalizing recreational cannabis in November after a local judge rejected a pro-marijuana campaign’s effort to place an adult-use initiative on the statewide ballot.

Michigan Court of Claims Judge Stephen Borrello ruled on Tuesday the MILegalize campaign broke the rules by collecting signatures outside a …

Big shift in store for Los Angeles medical cannabis businesses

John Schroyer  | August 24, 2016

By John Schroyer

Significant changes are on the way for Los Angeles’ sprawling, largely unregulated medical marijuana industry.

City lawmakers are expected to place a measure on the local ballot next year to reform existing rules and create a new regulatory framework for the MMJ industry.

PA’s draft medical cannabis rules a good start, experts say

Omar Sacirbey  | August 23, 2016

By Omar Sacirbey

Pennsylvania has moved quickly to issue draft regulations governing its new medical marijuana program, a sign the state is keen to get the MMJ industry off on the right foot.

The proposed rules are detailed and offer marijuana entrepreneurs a road map of where the program is headed, experts said.