The Republican chair of a key U.S. Senate panel signaled Tuesday that he's receptive to marijuana banking reform but does have some concerns. “I think a case has been made pretty strongly here about the need to get the banking industry issues relating to cannabis...
Jeff Smith
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Historic US Senate hearing eyes cannabis banking hurdles, but major reform seen as long shot
The GOP-controlled U.S. Senate will hold its first marijuana hearing Tuesday on the challenges that state-lawful marijuana companies confront when seeking banking services, but it's unlikely the chamber would approve major reform anytime soon. “I remain pessimistic...
Utah selects medical cannabis growers, including out-of-state firms
Utah on Friday awarded eight medical marijuana cultivation licenses to a mix of local and out-of-state businesses.
Louisiana grower says medical cannabis rollout a ‘few weeks’ away
A Louisiana cultivator could soon start selling the state's first medical marijuana products to retailers. “We’re in the process of bottling the final formulations and we’re waiting to put the labels on the bottles that will describe the contents,” John Davis, a vice...
First adult-use marijuana store in Boston could open soon
The most populous - and potentially most profitable - recreational cannabis market in Massachusetts could soon get its first retail store. Massachusetts regulators granted the first provisional license for a rec MJ store in Boston. The...
Kansas City medical cannabis market attracts 73 applicants for 24 licenses
Only a third of the applicants to sell medical marijuana in the Kansas City area will receive licenses from the state this year, reflecting stiff competition as marijuana firms look to enter one of Missouri’s most lucrative markets.
Oklahoma medical cannabis businesses prepare for ‘necessary’ rules that will up compliance costs
Oklahoma medical marijuana companies are on the verge of facing new regulations that will increase compliance costs. Expanded costs are expected in a wide range of operations, including: Seed-to-sale tracking and package labeling. Product testing. Waste management....
Bipartisan lawmakers offer federal bill to break medical marijuana research logjam
A bipartisan group of U.S. congressional lawmakers introduced a bill Wednesday to accelerate medical cannabis research, a step that could potentially bolster support for federal marijuana reform.
Utah drops residency restriction for medical cannabis growers
Utah regulators eliminated a proposed residency requirement for the 10 medical marijuana cultivation licenses the state is set to award in late July, which could result in possible out-of-state ownership. The announcement came in a bulletin dated July 15, although the...
Cannabis banking reform secures landmark US Senate panel hearing
A key U.S. Senate panel will meet next week to consider steps that could make it easier for marijuana companies to obtain banking services, a move that could pave the way for crucial MJ reform. The July 23 Senate Banking Committee hearing - which took industry...
New Hampshire governor rejects medical cannabis expansion bill
New Hampshire Gov. Chris Sununu vetoed legislation that could have spurred medical marijuana sales by eliminating a health-care provider requirement. The bill would have eliminated the requirement that a patient have at least a three-month relationship with a...
US touts bigger medical cannabis research crop while applications linger
The U.S. government is growing the largest marijuana research crop in five years but still hasn't acted on applications that could help shed light on the potential benefits of medical cannabis. The research, in turn, could be critical to opening up additional industry...











