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Jeff Smith

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.

Key cannabis legalization wins could bring in upwards of $2 billion in new sales

Marijuana scored a sweeping victory at the ballot box on Tuesday, with voters approving new markets in Michigan, Missouri and Utah that eventually could generate $2 billion in medical and recreational sales.

Across the nation, voters installed the Democrats as the new majority party in the U.S. House of Representatives, improving the odds that lawmakers will pass federal marijuana reforms that benefit MJ businesses.

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US House flips to Democrats in a positive sign for marijuana reform

Democrats have retaken the U.S. House, TV networks projected, a development that could provide a shot in the arm for federal marijuana reform that benefits MJ businesses. Several experts have told Marijuana Business Daily that Democratic control of the House should improve the likelihood of passage of pro-cannabis legislation, such as the STATES (Strengthening the Tenth […]

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Marijuana firms Terra Tech, Golden Leaf sign intent to merge in $125 million deal

Terra Tech Corp., a California-based, vertically integrated cannabis company, announced Monday that it has signed a nonbinding letter of intent to merge with Toronto-based Golden Leaf Holdings. If the deal is consummated, Golden Leaf shareholders would receive 0.1203 common shares of Terra Tech for each common share of Golden Leaf held, valuing the deal at roughly […]

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Maine extends deadline for marijuana rulemaking consultants to apply

Consultants seeking to guide Maine state agencies as they craft adult-use cannabis regulations and review the medical marijuana program now have until Nov. 8 to turn in their applications. The previous deadline was Nov. 1 Mainers in 2016 voted to allow adult-use possession and retail sales of marijuana. But sales won’t become legal until agencies […]

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Regulator: Massachusetts to begin recreational cannabis sales within two weeks

A top marijuana regulator in Massachusetts said adult-use sales are expected to begin within two weeks – four months after the targeted July 1 launch of the state’s recreational cannabis market. According to the Boston Business Journal, Massachusetts Cannabis Control Commission Chairman Steve Hoffman said the state is in the process of giving the final […]

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Judge orders New Mexico regulators to approve two marijuana dispensaries

The New Mexico Department of Health has been ordered by a district court judge to approve two medical marijuana dispensaries owned by the state’s largest licensed nonprofit MMJ operator. New Mexico Top Organics-Ultra Health, which operates nine MMJ dispensaries statewide, already had built out the facilities in Los Lunas and Española. According to the Albuquerque […]

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Judge stops MI regulators from enforcing medical cannabis licensing deadline

A judge on Tuesday issued a temporary restraining order preventing Michigan from closing dozens of medical marijuana businesses that don’t have a license under the state’s new regulatory framework. The order comes just a day after the state’s regulators said they planned to begin delivering cease-and-desist letters on Nov. 1 to businesses that continue to operate without having […]

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Landmark trial focuses on whether Colorado cannabis firm hurts property values

A federal trial in Colorado this week could have far-reaching effects on the marijuana industry if a jury sides with a couple who say having a marijuana business as a neighbor hurts their property’s value. The trial, set in Denver, is the first time a jury will consider a lawsuit using federal anti-racketeering law to […]

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MedMen seeks to trademark the word ‘cannabis’ for T-shirts

California-based MedMen Enterprises has filed an application to trademark the word “cannabis” for use on T-shirts, but a trademark specialist is skeptical the application will fly with the federal government. The application, filed in early October with the U.S. Patent and Trademark Office (USPTO), follows the multistate cannabis company’s successful effort to trademark a marijuana […]

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