EMAIL: jeffs@MJBizDaily.com
PHONE: 720.213.5854

Jeff Smith, Legal & Regulatory Reporter

Jeff is an award-winning business journalist who has worked as a reporter and editor for daily newspapers in Colorado, Maine, New Mexico and Alabama. He also has worked as a journalist overseas in Asia and West Africa. His stories have appeared in National Geographic online and The New York Times, among other publications.

Mississippi legislative group reaches agreement on medical marijuana plan

September 24, 2021

A Mississippi legislative group agreed on a proposed medical marijuana program that would be more limited than what voters overwhelmingly approved at the ballot box last November. The proposed measure, for example, would enable local governments to opt out of cultivation, processing and retail sales in their jurisdictions, according to the Associated Press. But residents […]

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US House passes cannabis banking reform as part of defense legislation

September 23, 2021 · Updated September 24, 2021

The U.S. House of Representatives passed a defense budget bill Thursday evening that includes landmark legislation to make it easier for banks to serve marijuana businesses, but it appears a long shot that the U.S. Senate will follow suit and approve some form of the SAFE Banking Act.

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US House endorses cannabis banking reform as part of defense bill

September 22, 2021

The U.S. House of Representatives on Tuesday night adopted by a voice vote a cannabis banking amendment as part of this year’s defense budget bill. The National Defense Authorization Act for Fiscal Year 2022 still must be passed by the full House, but the approval of the so-called SAFE Banking Act amendment clears the way for […]

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Amazon expands on support for federal marijuana reform, workplace equity

September 21, 2021

E-commerce giant Amazon has stepped up its efforts to support federal marijuana reform and provide a more equitable workplace in terms of MJ policy. In a blog post Tuesday, the company’s human resource chief noted two recent developments: Amazon’s endorsement of the Cannabis Administration and Opportunity Act proposed by U.S. Sens. Chuck Schumer of New […]

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NJ to miss deadline to start adult-use marijuana applications, report says

September 20, 2021

New Jersey regulators reportedly won’t make Saturday’s statutory deadline to begin accepting adult-use marijuana business license applications for the projected $1 billion market. But they plan to publish a public notice that lists an application start date and the information an applicant will need to submit an application, NJ.com reported. Regulators intend to provide businesses […]

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New York officials ‘shocked’ by cannabis MSO Vireo’s electrical needs

September 17, 2021

Marijuana multistate operator Vireo Health reportedly needs more electricity for its new New York cultivation and processing facility than the technology park can provide. The Leader-Herald newspaper in Gloversville in upstate New York reported that Fulton County industrial development officials were “shocked” to learn from Vireo that the county-financed electrical transmission line into Tryon Technology […]

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New York tribe opens applications for adult-use marijuana retail licenses

September 15, 2021

A Native American tribe in upstate New York is taking applications for adult-use marijuana retail licenses and said it plans to respond to each application within two weeks of filing. The Saint Regis Mohawk Tribe, which has a reservation near the Canadian border in Akwesasne, approved recreational marijuana in a community referendum in December 2019 and […]

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Cannabis software firm Akerna inks $17 million acquisition

September 14, 2021

Denver-based cannabis technology company Akerna signed an agreement to acquire a marijuana business management software firm for $17 million in cash and stock. Akerna will pay $4 million in cash and $13 million in stock to acquire 365 Cannabis with a potential earnout of $8 million, according to a news release. The $17 million acquisition […]

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MA regulators probing Gotham Green’s cannabis license request, report says

September 13, 2021

Massachusetts regulators reportedly are looking into whether New York-based private equity firm Gotham Green left out information about the cannabis licenses it controlled in the state as it sought permission to acquire others. New York-based iAnthus, which has been trying to fend off Gotham Green’s attempt to take control of the company, alleged in court […]

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