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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.

US House lawmakers make marijuana banking reform pitch to key senator

The four lead sponsors of the successful cannabis banking bill in the U.S. House of Representatives are urging the chair of a key U.S. Senate panel to work in partnership to move the issue forward in the Republican-controlled Senate. In a letter released Tuesday, the four representatives praised Senate Banking Chair Mike Crapo, an Idaho […]

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US House panel calls for stepped-up marijuana research, which could prove critical to federal reform

In a positive signal for the cannabis industry, lawmakers from both parties and three government witnesses told a U.S. congressional subcommittee Wednesday the federal government urgently needs more access to research around marijuana. But it remains unclear when that will occur, which could hinder the cannabis industry’s prospects if additional research findings are needed to […]

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Trulieve fights short-seller report as its dominance in Florida medical cannabis market continues

Trulieve Cannabis, the predominant player in Florida’s medical marijuana industry, is fending off attacks raised in a recent negative research report as competitors try to cut into the company’s nearly 50% market share in the state. Grizzly Research promotes itself as doing in-depth research of publicly held companies, but its website doesn’t list a headquarters address or […]

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US House panel to hear marijuana reform issues

Cannabis reform is getting its first hearing in front of members of the U.S. House Energy and Commerce committee on Wednesday, but no one from the industry has been called to testify. The Subcommittee on Health of the Committee on Energy and Commerce will hold a hearing titled “Cannabis Policies for the New Decade,” which is focused […]

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California gov moves to simplify cannabis regulatory, tax systems

California Gov. Gavin Newsom’s administration on Friday announced plans to simplify the state’s cannabis regulatory and tax systems, which have been blamed for enabling an illicit market to continue to thrive. The proposed changes, which will be in Newsom’s state budget proposal, come in the wake of recommendations by an independent agency that the state overhaul […]

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Medical marijuana makes ballot in Mississippi

A business-friendly medical cannabis initiative has qualified for the November ballot in Mississippi. The constitutional amendment, put forth by Mississippians for Compassionate Care, would prohibit the state from limiting the number of business licenses or setting prices for medical marijuana. The Mississippi Department of Health would regulate the industry. However, the Mississippi Board of Health […]

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High Times changes CEOs again as iconic cannabis brand seeks profitability

High Times Holding Corp. has reshuffled its chief executives, the latest development in the saga of a 46-year-old magazine publisher struggling to evolve into a mainstream, diversified cannabis company. The company appointed Stormy Simon, former president of the online retailer Overstock.com, to replace Kraig Fox, a media heavyweight who left Los Angeles-based High Times on Dec. […]

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Florida group trying to legalize adult-use cannabis sues over ballot process

The group seeking to put an initiative on the 2020 ballot in Florida to legalize recreational marijuana, has sued the state in an effort to get more time to submit signatures. The group, Make it Legal Florida, alleges in a 57-page complaint filed in Leon County Circuit Court that a controversial election law enacted in July is […]

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Colorado ushers in 2020 with new marijuana market opportunities

Potential sales-boosting marijuana laws go into effect in Colorado this week that will permit home delivery of medical marijuana and on-site cannabis consumption, contingent on local approvals. In moves that could improve Colorado’s marijuana business climate: Starting Jan. 1, licenses can be issued for “marijuana hospitality establishments” such as cannabis cafes, dispensary tasting rooms, marijuana […]

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Cannabis payment provider allegedly owes millions to MJ retailers

Linx Card, which touts itself as a “primary provider” of debit merchant services to marijuana retail stores, has faced a flurry of lawsuits in recent months from cannabis businesses that allege the California firm owes them millions of dollars. Linx includes a platform where customers can load up Linx “gift” or debit cards at a […]

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