Nevada cannabis license process satisfactory, auditors say

Nevada’s process for awarding marijuana business licenses has not been tainted by outside influence or conflicts of interest, according to state auditors. But Democratic Gov. Steve Sisolak called the lack of a public forum during the application process “troublesome,” The Nevada Independent reported.

 

 

L.A.'s cannabis social equity program in grave danger, group contends

Los Angeles’ social equity program for marijuana operators is in “grave danger,” according to a seven-page letter that the Southern California Coalition sent to the City Council. The letter from the cannabis industry trade association outlines what it perceives are problems and solutions.

NCIA: Marijuana banking reform still has shot this year

A marijuana industry official said he remains hopeful the U.S. Senate will vote on cannabis banking reform before year-end, despite the possibility that impeachment proceedings against President Trump could create a legislative slowdown. “We are still optimistic about getting it passed out of Congress and in front of the president this session,” Michael Correia, director of government relations for the National Cannabis Industry Association, said in a discussion hosted on Reddit. The U.S. House passed the SAFE Banking Act with a strong bipartisan vote.

$45 million medical cannabis complex proposed in Michigan

A medical marijuana park valued at $45 million is on the drawing board in Pontiac, Michigan. According to The Oakland Press, the facility, which would include cannabis cultivation and processing facilities, is being proposed by two Michigan-based companies: marijuana dispensary owner Pharmaco and Rubicon Capital.

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