Michigan state police and FBI agents raided three medical marijuana dispensaries in the state capital belonging to a local dispensary business, the latest action by law enforcement against MMJ in the Great Lakes State.
By John Schroyer and Omar Sacirbey
New Hampshire’s first dispensaries open, Oregon’s new recreational market takes another step forward, and Harborside Health Center’s founder gets some shut-eye after the feds drop a big lawsuit.
Here’s a closer look at several notable developments in the marijuana industry over the past week.
Colorado state lawmakers have rejected legislation to certify organic marijuana, because of worries the label would imply MJ is healthy.
A senate panel this week killed the bill 4-3. It would have made Colorado the first state in the nation to offer organic certification for cannabis grown without pesticides, the Associated Press reported.
New Hampshire’s medical marijuana market is now officially up and running.
The first two dispensaries in the state have opened their doors, nearly three years after New Hampshire lawmakers legalized medical cannabis.
The move brings another new MMJ market into the fold, although it will be a small one for the foreseeable future.
The Sanctuary …
By Omar Sacirbey
Hawaii’s eight medical marijuana license winners have their work cut out for them as they enter what could be a tough initial market in the state.
The winners – announced last week – are allowed to open July 15, but it is unlikely they will have their first harvests ready by then.
Oakland lawmakers voted Wednesday to increase sharply the number of licensed medical marijuana dispensaries, cultivators and related businesses that can operate in California’s eighth-largest city.
The city approved a measure to allow eight new dispensaries each year, adding to the eight that currently exist. City officials also paved the way for an additional 30 growers, …
Supporters of a recreational marijuana ballot measure in California handed in more than 600,000 signatures supporting their effort, indicating the initiative is virtually assured of going before voters in November.
Supporters amassed a comfortable cushion of signatures, given that the initiative needs just 365,880 valid ones.
The measure, backed by tech billionaire Sean Parker, …
By John Schroyer
Steve and Andrew DeAngelo fought the law … and the brothers won.
The duo scored a major legal victory this week after the U.S. Department of Justice dropped its high-stakes legal case against their prominent dispensary, California-based Harborside Health Center.
A California medical marijuana dispensary has won a landmark legal case that at one point had threatened the MJ industry’s very future.
Harborside Health Center in Oakland, once in danger of being shuttered by the U.S. Attorney’s office, announced today federal prosecutors have dropped their case brought against the dispensary four years ago.
The dismissal …
By John Schroyer
On the surface, it might appear that Colorado’s $1 billion marijuana industry has been unencumbered by legal roadblocks or political opposition, given its speedy growth in recent years.
Nothing is further from the truth, however, particularly for the state’s recreational cannabis sector.
The Fourth Corner Credit Union in Colorado has appealed a federal judge’s decision to dismiss a lawsui The U.S. Securities and Exchange Commission has temporarily suspended trading in Pineapple Express, a cannabis consulting and investment company headquartered in Los Angeles. The agency said it did so “because of recent, unusual and unexplained market activity in the company’s stock that raises concerns about the adequacy of publicly-available information regarding” Pineapple Express.
The U.S. Securities and Exchange Commission has temporarily suspended trading in Pineapple Express, a cannabis consulting and investment company headquartered in Los Angeles.
The agency said it did so “because of recent, unusual and unexplained market activity in the company’s stock that raises concerns about the adequacy of publicly-available information regarding” Pineapple Express.…