The New Jersey Assembly on Thursday voted 65-5, with six abstentions, to expand the state’s medical marijuana program, a measure that could significantly boost sales in what has become a fast-growing market. The measure paves the way for the state to issue additional...
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Maine regulators urged to put small recreational marijuana businesses first
Maine cannabis enthusiasts used a public hearing on Thursday to implore regulators to protect the small businesses and growers they think should make up the backbone of the state’s budding marijuana industry.
Texas lawmakers OK new conditions for medical cannabis use
Texas lawmakers passed a bill that would increase the number of qualifying patient conditions for medical marijuana, a development that likely could boost dispensary sales in the state’s limited MMJ program. The Texas Senate passed HB 3703 on...
What are the business implications of labor peace agreements for the cannabis industry?
Lawmakers and regulators across the United States increasingly are requiring marijuana firms to accept “labor peace agreements” that can lead to unionization.
State bankers associations urge US Senate to consider marijuana banking reform
U.S. state bankers associations jointly sent a letter to leaders of a key Senate panel saying they support cannabis banking reform and urging the committee to hold a hearing on the merits of such legislation. "We believe federal action is necessary and support a...
Smuggling case involving ex-execs at marijuana firm Vireo will proceed, court says
A Minnesota appellate court refused to dismiss interstate cannabis smuggling charges against two former Vireo Health executives, allowing the case to proceed to trial. Marijuana businesses have closely watched the situation because of its...
New Jersey medical marijuana expansion bill gains traction
New Jersey lawmakers advanced a bill out of two committees Monday that would expand the state’s medical cannabis program. The measure includes a provision to transfer the program’s oversight from the state Department of Health to a dedicated...
Federal bill provision would protect state-legal medical marijuana programs
A provision in one of the congressional spending bills would continue to protect state-legal medical cannabis programs from federal interference. It was included for the first time in the initial FY2020 Commerce-Justice-Science funding bill released by a House...
Massachusetts cannabis regulators cautious about approving acquisitions
Massachusetts regulators delayed voting on a proposed medical marijuana acquisition, reflecting the state’s deliberate approach in evaluating ownership-change requests. According to MassLive.com, the caution comes in wake of a report that some...
Major Oregon cannabis retailer Nectar hit with $4M suit over store purchase
Nectar, a prominent Oregon marijuana company with 18 stores statewide, has been sued for allegedly failing to pay $955,000 for its purchase of Rose City Buds & Flower, a cannabis retailer in the community of Aloha near Portland. The...
Treasury Secretary Mnuchin opposes federal tax breaks for cannabis businesses
Treasury Secretary Steven Mnuchin may be open to a bipartisan solution to marijuana firms' banking woes, but he doesn’t believe cannabis businesses should have the ability to receive federal “opportunity zone” tax credits. That was the sentiment he expressed during a...
Cannabis Trade Federation forms group to tackle industry’s diversity dilemma
The Cannabis Trade Federation (CTF), a national coalition of marijuana-related businesses, formed a high-powered task force aimed at developing a practical strategy to increase diversity in the MJ industry. Current social equity programs simply aren't working, CTF CEO...













