Alaska Medical Cannabis Business & Marijuana Legal News

Pacific Northwest marijuana investment network set to launch

John Schroyer  | March 21, 2017

Cannabis-related companies in Alaska, Oregon and Washington seeking capital may find some investors through the Cannabis Investment Network, an organization launching this week that aims to connect marijuana firms with financial backers.

Cannabis Investment Network (CIN) is hoping to serve smaller-scale firms that are looking to raise from $500,000 to $3 million, according to a …

Chart: Marijuana business licensing backlog in Alaska

Eli McVey  | March 13, 2017

By Eli McVey

Despite having legalized adult-use cannabis in 2014, Alaska’s recreational marijuana industry is taking much longer than expected to begin realizing its potential.

An understaffed state regulatory agency has been slow to license new businesses, and significant amounts of red tape at the local level have prevented some licensees from opening their doors.

Alaska appoints top cannabis regulator

Omar Sacirbey  | February 27, 2017

Alaska Gov. Bill Walker has appointed an Anchorage planning official to lead the state’s Alcohol and Marijuana Control Office and the Marijuana Control Board.

Erika McConnell, who will start in late March, has worked for the city since 2003 in various roles, most recently in the Office of Economic and Community Development, the …

Recreational marijuana states undeterred by hints of federal crackdown

John Schroyer  | February 24, 2017

By John Schroyer

Despite ominous overtones from the White House, the eight states that have legalized recreational cannabis are proceeding full-bore, whether it’s with running their existing programs or preparing to launch new ones.

Governors and attorneys general responded in unison: They’ll honor voters’ wishes and conduct business as usual while awaiting specific policies.

Alaska MJ entrepreneurs find way to ship product – commercial flights

John Schroyer  | February 23, 2017

By John Schroyer

The legal marijuana industry in the United States has been built by pioneers willing to risk the wrath of authorities.

That tradition is continuing in Alaska, where a retail shop owner has pushed the legal envelope by flying across her immense state with carry-ons full of marijuana inventory for her store.

Alaska regulators seize imported CBD oil in raids

John Schroyer  | February 10, 2017

Alaska officials raided an unspecified number of recreational cannabis shops and seized “thousands of dollars worth of imported CBD oil,” the Alaska Journal reported.

A news release from the Alaska Marijuana Control Office confirmed Thursday that “several retail stores” appeared to be in violation of state laws that mandate specific testing, …

Alaska spikes plan for cannabis use at rec stores

Omar Sacirbey  | February 3, 2017

In what was described as a “surprise” move by at least one local report, Alaska’s Marijuana Control Board on Thursday night jettisoned a proposal that would have allowed cannabis consumption at recreational marijuana retail shops.

The 3-2 vote to abandon the plan reflected fears that Jeff Sessions, President Trump’s choice for U.S. attorney …

Alaska’s rec MJ rollout hampered by red tape, supply shortages

John Schroyer  | February 1, 2017

By John Schroyer

Insiders in the United States' latest recreational cannabis market - Alaska, which has been up and running since October - say the rollout has been hindered by bureaucratic issues and continued supply shortages.

Those problems are expected to be resolved in the months ahead.

Year in Review: Top 10 notable developments in the marijuana industry from 2016

Omar Sacirbey and Bart Schaneman  | December 30, 2016

By Omar Sacirbey and Bart Schaneman

In the annals of marijuana history, 2016 will most certainly stand out as a watershed year for the business of cannabis.

From huge wins on Election Day and a flurry of investment activity to big courtroom victories and recreational legalization momentum in Canada, cannabis made headlines in the U.S. and …