There may be a glimmer of hope for what is widely considered an untenable tax structure in Washington State. The Washington State Senate passed a bill removing the excise tax on recreational marijuana sales by producers and processors, and will tax only retail sales. As it stands, a 25% excise tax at three transfer points: […]
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Potency Isn’t the Future of Cannabis
As marijuana use broadens across the age and culture spectrum, the products that will get the most traction are not the ones that get the most attention: namely, very high potency cannabis. Rather, many of the more popular products will be – and already are – much milder, according to one San Francisco blog that […]
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Alaska To Allow Edibles, Concentrates After Amendment Fails
Edibles and oils won’t be banned in Alaska when the state’s rec market opens. On Monday, the state senate has shot down an amendment that would have made concentrates illegal. The rule, which would have taken effect in two years, was dropped from regulations under consideration by Alaska lawmakers to the govern the state’s recreational […]
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CO Legislature Moves To Establish Marijuana Testing References
Under a new bill in the Colorado Legislature, the state would create established testing standards for cannabis. The measure, House Bill 1283, would set up a “reference library” for labs to help ensure that methodologies and therefore testing results become more uniform across the state. Currently, testing is required for recreational marijuana but not medical. […]
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Repeal of CO Edibles Packaging Rules Dies in Committee
Edibles makers took a hit Wednesday when a bill that would’ve repealed stringent packaging requirements was shot down by the Colorado state senate. The bill, which was unanimously rejected by the committee of senators considering the proposal, would’ve repealed a 2014 requirement that says all infused edibles must be “clearly identifiable, when practicable, with a […]
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Ups and Downs in the Canadian MMJ Industry
By Tony C. Dreibus New regulations in Canada designed to improve access to higher quality medical cannabis have shaken up the market. The rules have left some patients with few options to purchase and consume their medication, leading to several lawsuits. Meanwhile, the licensed cultivators and sellers who are now responsible for supplying safe, tested […]
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Impacts of Alaska’s Rec Law Continue to Spread
An Alaska town has rolled back laws surrounding marijuana use and possession amid fears the local ordinances may violate state law. The Wasilla, Alaska, city council removed a law prohibiting cooking infused edibles in home kitchens in its city limits, and also axed a 2-ounce limit on the amount of cannabis that can be carried […]
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Marketing Challenges in an Evolving Industry: Q&A With Cannabrand’s Olivia Mannix
By Tony C. Dreibus Branding and marketing have become an important part of the cannabis industry as companies expand geographically. Becoming a household name doesn’t happen overnight, nor is it easy to get people to identify your brand without a lot of effort. Enter Cannabrand, founded by business partners Olivia Mannix and Jennifer DeFalco. The […]
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Rhode Island Official Concerned About MJ Grows After Fire
A five-alarm fire this week at a building that housed the headquarters of a cannabis association in Rhode Island – among other businesses – now has at least one state official worried about the safety of marijuana cultivation operations.
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Smooth Sailing: Minnesota Sticking to MMJ Timeline, Dispensaries on Track to Open in Summer
By John Schroyer Minnesota could wind up being a standout medical cannabis state in at least one regard: It’s been able to glide through the rulemaking and licensing process relatively smoothly. At least so far. Many states have taken years to implement MMJ laws, develop regulations and get the first businesses
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FDA Warnings Could Signal Start of Heavier Scrutiny on Cannabis Industry
By John Schroyer In late February, the U.S. Food and Drug Administration sent stern letters to six companies peddling CBD products over what the agency said were unfounded medical claims. The letters charged that the companies “misbranded” the products and warned that failure to correct the violations “may result in regulatory action without further notice, […]
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Insurance Firms Urged to Craft MJ Policies
Mainstream insurance companies should start crafting policies to cover legal marijuana businesses as the industry grows, a report in an insurance trade publication recommends. Rec legalization will have a “profound impact” on various types of insurance including personal, commercial, workers’ comp, product liability and healthcare plans, according to PropertyCasualty360.com. Insurance companies can deny claims because […]
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