Election News

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.

Year in Review: Top 10 notable developments in the marijuana industry from 2016

Omar Sacirbey and Bart Schaneman  | December 30, 2016

By Omar Sacirbey and Bart Schaneman

In the annals of marijuana history, 2016 will most certainly stand out as a watershed year for the business of cannabis.

From huge wins on Election Day and a flurry of investment activity to big courtroom victories and recreational legalization momentum in Canada, cannabis made headlines in the U.S. and …

Week in Review: Connecticut MMJ research bodes well, OH docs hesitant & Maine rec is a go

Bart Schaneman  | December 23, 2016

By Omar Sacirbey and Bart Schaneman

Connecticut research could benefit the entire medical cannabis industry, a survey shows most Ohio physicians won’t write MMJ recommendations, and Maine’s adult-use program is a go after recount is halted.

Here’s a closer look at some notable developments in the marijuana industry over the past week.

New Market: Florida’s big MMJ program could be limited by lack of licenses

Bart Schaneman  | December 21, 2016

By Bart Schaneman

Florida’s new medical marijuana market is poised to become one of the largest in the nation, yet a limited number of available MMJ business licenses could hinder the program's growth.

Seventy-one percent of Florida voters last month approved Amendment 2 to legalize a much broader MMJ program in the nation's fourth most populous state.