Legal & Regulatory News for Marijuana Businesses

New DEA Chief to Focus Less on Cannabis

Tony C. Dreibus  | May 14, 2015

The incoming head of the Drug Enforcement Administration reportedly will focus less on marijuana and instead put more resources toward harder drugs such as heroin, which could relieve some pressure on cannabis businesses in states without strong regulations on the industry.

Chuck Rosenberg – who …

Smaller Players Squeezed Out of NY Licensing Process

Tony C. Dreibus  | May 14, 2015

Strict rules, huge financial requirements and stiff competition appear to be deterring smaller businesses from vying for medical marijuana licenses in New York – which is what some observers expected would happen all along.

Take the case of Adam Kurtz, who has grown flowers on a farm in New York for nearly three decades.

He …

Denver Rec Store Challenges City’s MJ Quarantine Order

John Schroyer  | May 13, 2015

A cannabis shop in Denver that had roughly 15 to 20 pounds of marijuana put under a legal hold order by the city over concerns of possible pesticide contamination is fighting back in court.

Organic Greens was ordered by the Denver Department of Environmental Health in March to not sell a batch of plants that …

Nevada May Increase Number of Dispensary Licenses

Tony C. Dreibus  | May 13, 2015

There’s hope for Nevada entrepreneurs who didn’t win a dispensary license during the initial application period, as the state is considering awarding additional permits.

Two state senators have introduced a bill that would allow for 20 new dispensary licenses in Clark County – where Las Vegas …

Large Banks Say Cannabis Business Risks Still Outweigh Benefits

Tony C. Dreibus  | May 12, 2015

The nation’s largest banks aren’t willing to work with cannabis businesses because the risks of working with a product that’s federally prohibited outweigh any benefits, executives with the financial institutions told Bloomberg.

Citigroup, JPMorgan Chase, KeyCorp and Wells Fargo all said they won’t …

Impasse in Oregon Over Dispensary Bans

Tony C. Dreibus  | May 12, 2015

An Oregon committee formed to hammer out regulations surrounding the state’s cannabis industry has failed to reach an agreement on whether elected officials in cities and counties can ban medical marijuana businesses.

The impasse threatens to delay implementation of Oregon’s recreational marijuana program, as the …

Colorado Easing Rules on Out-of-State Investments in Cannabis Companies – With Some Big Caveats

John Schroyer  | May 12, 2015

Note: This story has been updated and clarified, as Marijuana Business Daily initially received incorrect and incomplete information from the sponsor of the investment bill. See full clarification at end of story.

By John Schroyer

Colorado is finally loosening rules for out-of-state investors interested in its booming marijuana industry, which could lead to a flood …

WA Law Paves Way for Marijuana Pacts With Tribes

Tony C. Dreibus  | May 11, 2015

Washington State Gov. Jay Inslee has signed a bill that sets up a framework for his office to work with Native American tribes interested in growing and distributing cannabis.

The newly minted law gives the state the authority to enter into agreements with tribes looking to …

Another Canadian City Begins Crafting Dispensary Laws

Tony C. Dreibus  | May 11, 2015

Lawmakers in Victoria, British Columbia, are drafting their own bylaws to regulate the city’s medical cannabis dispensaries even though the Canadian government has banned such operations.

Victoria’s city council approved a bill asking staff to draft licensing and zoning regulations for dispensaries, following a similar …

Maine MMJ Caregiver Crackdown Possible

John Schroyer  | May 11, 2015

Medical cannabis caregivers in Maine enjoy a good amount of autonomy and some sizable competitive advantages over licensed dispensaries, as they don’t face the regulatory hurdles and state oversight that storefront operations encounter.

But that may be about to change.

The Department of Health and Human Services is backing a new legislative effort to give …

Former Top Kroger Lawyer Investing in Ohio Marijuana Campaign

John Schroyer  | May 11, 2015

An ex-attorney for grocery store chain Kroger has signed on as one of the investors behind a campaign to legalize both medical and recreational marijuana in Ohio.

Paul Heldman, the former top lawyer for Kroger, on Friday announced that he is backing ResponsibleOhio, which has generated controversy with its plan to initially limit …