Election News

Florida medical cannabis bills make for hazy business climate

John Schroyer  | March 13, 2017

Medical marijuana isn’t shaping up to be the big business opportunity in Florida many cannabis executives were hoping for.

Although medical marijuana was approved overwhelmingly by Florida voters in November, the shape of the MMJ industry is still very much in question. And state lawmakers don’t appear to be moving toward any kind …

Crucial Los Angeles marijuana ballot measure passes easily

John Schroyer  | March 8, 2017

The Los Angeles marijuana industry took a big step toward legal legitimacy Tuesday with the passage of Proposition M, a city ballot measure that sets the stage for a new municipal permitting system.

White House press secretary’s full comments on cannabis

John Schroyer  | February 23, 2017

Asked twice by reporters on Thursday about the Trump administration’s approach to the legal marijuana industry, White House Press Secretary Sean Spicer had the following response.

When initially asked about the disconnect between federal law and state medical marijuana laws, Spicer replied:

“There’s two distinct issues here: medical marijuana and recreational marijuana. I …

Wall Street takes notice of marijuana: Q&A with cannabis analyst Vivien Azer

Omar Sacirbey  | February 21, 2017

By Omar Sacirbey

Vivien Azer, apparently the first cannabis analyst at a mainstream investment bank, is bullish on the marijuana industry.

And her confidence in the market is a significant reflection of how Wall Street views cannabis. Azer is an analyst at Cowen and Co., a New York investment bank founded in 1918.

Maine dispensaries want early crack at adult-use cannabis sales

Roger Fillion  | January 5, 2017

Maine’s largest medical marijuana operator wants the state’s eight dispensaries to have an early opportunity to sell recreational cannabis.

The Wellness Connection of Maine, which operates four dispensaries, is supporting legislation that would allow the state’s MMJ operators to begin peddling adult-use cannabis while regulations are drawn up for the new rec market, the Bangor …

The marijuana industry under Trump: Q&A with Congressman Ed Perlmutter

John Schroyer  | January 4, 2017

By John Schroyer

Ed Perlmutter, a Colorado Democrat, has been a strong proponent of the cannabis industry during a Congressional stint that started in 2006.

While witnessing firsthand the growth of Colorado's marijuana industry, Perlmutter has sponsored several pro-cannabis measures in the House, including legislation to increase banking access for MJ-related companies.

A look ahead: Issues facing marijuana professionals in 2017

Omar Sacirbey  | January 3, 2017

By Omar Sacirbey

The marijuana industry is not only beginning a new year, it’s starting a fresh era in which it could flourish with opportunity or regress under a White House that could resurrect the crackdowns and raids of the past.

We examine seven of the top issues the industry could face in 2017.