A new Republican-led push to legalize marijuana in the United States was unveiled Monday by U.S. Rep. Nancy Mace from South Carolina, raising industry hopes that some form of bipartisan marijuana legislation can pass Congress.
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Virginia Republicans open to faster launch of adult-use cannabis market
When Virginia Republicans took over both the governor’s mansion and the state House of Delegates last week, many observers worried that it could mean major delays in the launch of the state’s upcoming adult-use cannabis market.
South Carolina congresswoman to unveil federal marijuana legalization bill
U.S. Rep. Nancy Mace, a Republican from South Carolina, on Monday plans to unveil a new bill, the States Reform Act, intended to legalize marijuana at the federal level. Mace wrote on Twitter this week that she will share a draft of the bill during a media gathering...
Husband of Trulieve Cannabis CEO sentenced to 3 years, fined $1.25M
J.T. Burnette, a Florida businessman and the husband of Trulieve Cannabis CEO Kim Rivers, was sentenced to three years in federal prison and a $1.25 million fine for his conviction on bribery charges earlier this year.
California marijuana veteran selling businesses in sign of wider market woes
Kimberly Cargile has had enough, and she’s ready to sell.
The 20-year-veteran of California’s marijuana industry told MJBizDaily she’s looking for a buyer for her Sacramento retail marijuana shop, A Therapeutic Alternative, and eight other licensed affiliated businesses.
21 US governors sign letter to Congress supporting marijuana banking
Almost half the nation’s 50 governors put their names on a letter this week to Congressional leaders, urging them to approve the SAFE Banking Act, which would provide safe harbor to financial institutions that work with state-legal marijuana companies.
New Mexico recreational cannabis licensing draws 1,500-plus applicants
The unlimited number of recreational cannabis business licenses available in New Mexico has attracted more than 1,500 applications from entrepreneurs, and there are likely more on the way.
South Dakota adult-use cannabis campaign hits signature-gathering snag
A campaign to legalize adult-use cannabis in South Dakota missed an early deadline to submit signatures to the secretary of state’s office in a bid to qualify its recreational legalization question for the 2022 November ballot.
Louisiana medical marijuana market poised for strong sales after lackluster performance
After years of struggle within one of the most restrictive frameworks in the nation, Louisiana’s medical marijuana market is poised for much stronger growth in January when its nine dispensaries will begin selling cannabis flower instead of only tinctures, topicals and portable vaporizers.
Report: California’s marijuana social equity programs not meeting goals
A report issued by the California Cannabis Industry Association took a hard look at seven jurisdictions that have social equity programs and found them lacking.
Nevada suspends marijuana edibles maker’s license over rules violations
Nevada marijuana edibles manufacturer Kindibles has temporarily lost its business license after regulators found that a product line was not inspected per state rules.
SAFE Banking status: Q&A with marijuana industry ally US Rep. Ed Perlmutter
U.S. Rep. Ed Perlmutter’s political crystal ball proves correct.
The Colorado Democrat is confident the SAFE Banking Act – which Perlmutter has sponsored every congressional cycle since first introducing it in 2013 – will be signed into law by President Joe Biden either this year or in 2022.
