Bart Schaneman

MTech, MJ Freeway name their merged marijuana company ‘Akerna’

Denver cannabis technology business MJ Freeway and MTech Acquisition, a special-purpose acquisition firm, said their new holding company set to list on the Nasdaq will be named Akerna once their merger is completed. In a news release, Scott Sozio, CEO of MTech (Nasdaq: MTEC), said the name Akerna – with “kern” at its center – has two meanings, both […]

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Oregon cannabis businesses might owe $15.7 million in back state taxes

Some Oregon marijuana business owners – hit with falling prices and slim margins – are struggling to pay state taxes on their sales. According to Eugene TV station KVAL, 176 marijuana businesses owe the Oregon Department of Revenue $15.7 million in unpaid taxes. Oregon’s revenue department says at least 10 businesses owe more than $600,000 each in […]

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Connecticut adds another condition to medical marijuana treatment list

Connecticut regulators added another ailment to the list of conditions that can be treated with medical cannabis, bringing the total number of conditions to 31 for adults. The state’s Regulations Review Committee decided chronic neuropathic pain associated with degenerative spinal disorders should be included on the list. The added condition could provide a slight boost to […]

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Ohio’s medical marijuana program delayed by lack of operating testing labs

A dearth of open cannabis testing labs is delaying Ohio’s medical marijuana program beyond its previously expected November launch date. None of the state’s five licensed labs is testing cannabis for potency and purity yet, which is required by law before sales at dispensaries can begin, The Cincinnati Enquirer reported. Ohio approved medical marijuana in 2016, […]

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Week in Review: Judge tosses NM medical cannabis plant cap, Sessions fired & MA adult-use sales expected to start soon

A New Mexico judge strikes down the state’s cap on the number of plants medical marijuana producers can grow, Attorney General Jeff Sessions is fired, and a top cannabis regulator in Massachusetts says adult-use sales are expected to begin soon in the Bay State. Here’s a closer look at some notable developments in the marijuana industry […]

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Medical cannabis cardholders, growers dropping off in Oregon

Medical marijuana patients and growers across Oregon are abandoning the state’s MMJ program, according to reports. Licensed medical marijuana companies are increasingly up against a combination of legislative red tape and a different kind of market force: the convenience of recreational retail sales. The number of patients registered with the Oregon Medical Marijuana Program (OMMP) […]

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Retail cannabis license hopefuls line up before vote in rural Oregon

Would-be recreational marijuana retailers are lining up outside municipal planning offices in Ontario, Oregon, to nab retail licenses should voters repeal a ban on cannabis sales within city limits. The City Council recently voted to impose a 1,000-foot buffer on adult-use marijuana stores, which means there will be space for only about 15 establishments if […]

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Oregon authorities conduct raids of multiple illegal marijuana grows

Underlining the black-market and oversupply issues currently facing licensed cannabis businesses in Oregon, law enforcement authorities in the central region of the state say they confiscated 800 pounds of cannabis flower and 50 pounds of concentrate, which led to the discovery of illegal MJ-producing sites in the region. Police found illicit grows in Sisters, Redmond […]

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North Dakota grower could have medical cannabis ready by end of year

North Dakota’s only operating medical marijuana cultivation facility hopes to have cannabis ready by December or January, a necessary development before sales can begin. The Bismarck Tribune reported that Pure Dakota in Bismarck received approval from the state’s Department of Health last month to begin operations. North Dakota’s voters approved MMJ in November 2016, but […]

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Week in Review: Arizona AG ditches anti-hashish stance, MMJ gains in NJ-PA & CA updates proposed cannabis rules

Arizona’s attorney general abandons his bid to make medical cannabis hashish illegal, New Jersey and Pennsylvania report sizable gains in their MMJ patient populations, and California releases its latest draft of permanent rules for the cannabis industry. Here’s a closer look at some notable developments in the cannabis industry this week. Arizona high court likely […]

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Alaska regulators weigh increase in license fees for cannabis businesses

Alaska regulators are mulling a hike in marijuana business license fees to bankroll the work needed to regulate the state’s cannabis industry. The Alaska Journal of Commerce reported the state’s Marijuana Control Board is weighing two proposals: An increase in the $500 license to $1,500, and the $5,000 license to $7,000. An increase in the $500 […]

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