Legal & Regulatory News for Marijuana Businesses

Louisiana MMJ Dispensary Bill Advances

Tony C. Dreibus  | May 5, 2015

Will Louisiana become the next medical marijuana market in the country – and the first in the South?

Possibly so.

The Louisiana Senate has passed a bill that would allow a small number of dispensaries and one grow site to open in the state – a milestone considering lawmakers shot down similar legislation last year.

 …

Puerto Rico Legalizes Medical Marijuana

Tony C. Dreibus  | May 4, 2015

Puerto Rico’s governor unexpectedly on Sunday signed an executive order allowing medical marijuana use – but where it will be grown, how it will be distributed and which ailments can legally be treated are still up in the air.

The executive order gives the secretary of …

Regulatory Baby Steps for Recreational Marijuana in Alaska

John Schroyer  | May 1, 2015

Alaska has taken its first step toward developing regulations on its recreational cannabis industry.

The Alcoholic Beverage Control Board proposed some initial regulations during a meeting it held Thursday, focusing on a handful of legal definitions and outlinng options local governments would have when it comes to cannabis companies,

Week in Review: MA Company Wins Court Fight, NY Taking Applications + More CO Pesticide Concerns

John Schroyer  | May 1, 2015

By John Schroyer

A Massachusetts dispensary company prevails over the state in a legal battle over licensing, New York begins accepting applications for just five business permits, and tens of thousands of additional marijuana plants are sequestered in Denver over pesticide concerns.

Here’s a closer look at several notable developments in the marijuana industry over …

Significant Setbacks in Cannabis Banking Slow Recent Momentum

Tony C. Dreibus  | April 30, 2015

By Tony C. Dreibus

Banking has long ranked as one of the biggest hurdles for cannabis companies, but the tide seemed to be turning as 2014 came to a close and the new year began.

MBank, a community financial institution based in Oregon, had opened accounts with dozens of cannabis companies and even …

Oregon MMJ Growers May Face Stricter Rules

Tony C. Dreibus  | April 29, 2015

Oregon medical cannabis cultivators may face stricter reporting requirements and plant restrictions under a proposal by lawmakers who say the changes are needed to avoid the pitfalls facing the medical cannabis industry in nearby Washington State.

The measure would cut in half the number of …

Judge Overturns Massachusetts Dispensary Denial

John Schroyer  | April 29, 2015

A Massachusetts judge has sided with a medical cannabis business over the state health department, paving the way for the company to open a trio of dispensaries.

The ruling came after the company, Medical Marijuana of Massachusetts, sued the state, alleging that officials improperly denied the business licenses last June for three dispensaries …

Report: Many Colorado Dispensaries Taking on Big Risks To Accept Plastic

John Schroyer  | April 28, 2015

Dozens of dispensaries in Colorado have set up “shadow” banking systems that allow them to accept credit and debit cards from customers – even though such practices could set them up for potential money laundering charges, according to a report by a local TV station.

Fox31 Denver found that

Cannabis Chamber Logo Sparks Lawsuit

John Schroyer  | April 28, 2015

The Denver Metro Chamber of Commerce has filed suit over what it claims is trademark infringement by the Colorado Cannabis Chamber of Commerce, a group also known as C4.

The development is another indication that the cannabis industry is coming of age, and as a result issues such as trademark infringement are likely to become …