KevinH Archive

Nevada AG to weigh in on cannabis consumption lounges

Kevin Huhn  | October 6, 2017

Nevada’s marijuana regulators have asked state Attorney General Adam Laxalt for a formal opinion on whether state law allows cannabis use in smoking lounges and at special events.

According to the Nevada Appeal, the state’s Department of Taxation made the request in the wake of a Legislative Counsel’s opinion that the voter-approved …

Vermont looking into upshot of recreational marijuana legalization

Kevin Huhn  | September 28, 2017

A Vermont commission formed to study the ramifications of legalizing recreational marijuana met for the first time and laid out challenges the state would face.

According to state officials, the Marijuana Advisory Committee won’t debate whether the state should legalize marijuana, but rather will determine the practical challenges associated with adult use, …

Southern U. picks contractor to grow medical cannabis in Louisiana

Kevin Huhn  | September 25, 2017

Southern University has selected a vendor to run its medical marijuana program, moving Louisiana’s MMJ industry a step closer to reality.

Southern’s Board of Supervisors chose Lafayette-based Advanced Biomedics to grow the marijuana for the Baton Rouge-based university, which will receive more than $6 million over five years from its cultivation partner.

Under regulations established …

Las Vegas marijuana lounges on hold until Denver clubs open

Kevin Huhn  | September 20, 2017

Las Vegas tourists won’t be able to visit marijuana consumption clubs any time soon.

Commissioners in Nevada’s Clark County – home to Las Vegas – have decided to wait until Denver allows the nation’s first cannabis consumption club to open before they further discuss licensing and regulating marijuana lounges in Sin City.

“I don’t see …

How to sell your marijuana business: Q&A with GRN Funds CEO Justin Costello

Kevin Huhn  | September 20, 2017

By Bart Schaneman

Valuating a cannabis business requires coming up with creative comparisons to established industries, such as tulips and wine.

That’s the space Justin Costello operates in. The CEO of Seattle-based GRN Funds, he brings years of experience making deals in the investment banking sector and said he has completed 80-plus cannabis deals.

LSU completes deal with medical marijuana producer

Kevin Huhn  | September 18, 2017

Louisiana State University has completed its contract with a company that will grow medical marijuana and expects production to begin as early as mid-2018.

The LSU AgCenter said in announcing the arrangement Monday that its new partner, Las Vegas-based GB Sciences, will start renovating its production facility immediately, The Advocate reported.

The …

Nevada again expands field for recreational marijuana distribution

Kevin Huhn  | August 30, 2017

Nevada regulators plan to reopen the state’s recreational marijuana distribution system to businesses other than alcohol wholesalers after rejecting an appeal by a liquor group that claims it has exclusive rights to transport marijuana from cultivators to retail stores.

The state Tax Commission voted unanimously Tuesday to uphold a previous decision by the Tax Department …

Tennessee legislators to study medical cannabis

Kevin Huhn  | August 28, 2017

Two of Tennessee’s most prominent public officials are calling for the legislature to study how legalized medical marijuana might impact the state.

Only months after a MMJ bill died in the legislature, Lt. Gov. Randy McNally and House Speaker Beth Harwell are setting up the Joint Ad Hoc Committee on Medical Cannabis, The …

Nevada regulators reaffirm wall between casinos, marijuana

Kevin Huhn  | August 28, 2017

Nevada’s gambling regulators are grappling with how to deal with the state’s latest legal vice – recreational marijuana – and they’ve made it clear that cannabis doesn’t belong in casinos.

In the first of a series of policy discussions, the Nevada Gaming Commission reiterated that as long as marijuana consumption and possession is illegal on …

Public cannabis consumption in Denver moves a step closer

Kevin Huhn  | August 24, 2017

Denver regulators are accepting applications from businesses seeking to become some of the nation’s first to offer legal public marijuana consumption.

Voters approved a ballot measure in November allowing cannabis consumption at certain public businesses in the city. The four-year pilot program was delayed, however, after the state banned marijuana use at places with …