Ohio had set a Sept. 8 deadline to have a fully operational medical marijuana market. But the state confirmed this week what industry observers have predicted for a while: It’s not going to happen. It’s unclear when MMJ products will start appearing on dispensary shelves, and what the business impacts will be in the meantime […]
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Colorado gov rejects publicly traded companies investing in marijuana businesses
Colorado Gov. John Hickenlooper is a successful businessperson-turned-politician known for his pro-business stance. But the Democrat delivered a second blow to marijuana entrepreneurs Tuesday when he vetoed a bill that would have allowed publicly traded companies to invest in the state’s MJ industry. The veto came just a day after he rejected legislation that would […]
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What are the medical marijuana business hurdles in Minnesota?
Minnesota has one of the country’s most restrictive medical marijuana programs, and MMJ businesses in the state have experienced significant financial, management and legal issues. However, it isn’t necessarily all gloom and doom when it comes to the future of Minnesota’s MMJ businesses. Nic Easley, a national cannabis consultant and CEO of Denver-based 3C Consulting, […]
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Ohio awards 56 medical marijuana licenses; program to launch later this year
In a key step toward launching later this year what is expected to be a lucrative sector for the medical marijuana industry, Ohio regulators issued 56 dispensary licenses. Regulators received 376 dispensary applications and were allowed by law to hand out a total of 60 licenses. But the state didn’t receive applications for two of the districts. […]
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Colorado gov nixes pioneering cannabis tasting room bill
Colorado Gov. John Hickenlooper vetoed legislation Monday that would have pioneered the concept of cannabis tasting rooms, dealing a blow to marijuana businesses that had pushed the measure. Similar efforts also have stalled in other states to allow marijuana retailers to set aside areas for consumers to try out products, much like a brewery taproom. In […]
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Illinois lawmakers OK use of medical cannabis as alternative to opioids
Legislation passed last week in Illinois would allow potentially thousands of patients to receive medical marijuana as an alternative to highly addictive opioids, a move that could provide a notable boost to MMJ sales. The state’s governor must still sign off on the legislation before it can become law. But the approval by the Illinois […]
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Week in Review: California assails unregulated marijuana, Oregon halts licensing & Michigan’s MMJ travails
California gets federal money to combat unregulated marijuana growers, Oregon suspends its cannabis licensing process in the face of a product glut, and Michigan extends a medical MJ permitting deadline. Here’s a closer look at some notable developments in the cannabis industry over the past week. Federal ‘Trojan horse’? A cannabis industry insider is suspicious […]
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Denver rejects cannabis spa: It’s 19 feet too close to child care center
Denver city officials rejected a would-be “cannabis spa and lounge” because it would have been 19 feet too close to a child care center. The decision reflects how unbending Denver’s rules are for its new marijuana social-use business permits – and it’s a sign that MJ business owners will need to follow the letter of […]
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Michigan extends medical marijuana license deadline by three months
Michigan extended the deadline for medical marijuana licenses by three months, until Sept. 15, providing relief to businesses that have been waiting to receive approvals under a new regulatory regime. The process of restructuring Michigan’s MMJ industry has been slow going. Concerns had been building that application reviews wouldn’t be finished by the original June […]
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Fierce, last-minute attempt fails to keep medical cannabis measure off Utah ballot
An initiative to legalize medical marijuana in Utah has been certified for the November ballot. And it comes after a well-funded opposition effort fell just short of persuading enough people to drop their support. If approved by voters, The Utah Medical Cannabis Act would open up one of the country’s most conservative states to a legal MMJ […]
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Florida ban on smokable medical marijuana ruled unconstitutional
In a move that could provide an even bigger boost to growers and retailers in one of the country’s fastest-growing markets, a Florida judge ruled the state’s ban on smokable medical marijuana is unconstitutional. For now, though, nothing changes. The state department of health has appealed, and that automatically stays the decision. Leon County Circuit […]
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New Hampshire to boost number of medical marijuana dispensaries by 50%
New Hampshire is on the verge of expanding its medical marijuana program from four to six dispensaries – a move that will add two businesses to an industry that’s been struggling financially but may be turning the corner. Lawmakers this month passed legislation that calls for the two additional dispensaries in sparsely populated regions of […]
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