Week in Review: RI rec push slows, pushback on California cannabis plan & China opportunity

John Schroyer  | April 21, 2017

By Omar Sacirbey, John Schroyer and Bart Schaneman

Adult-use legislation takes a hit in Rhode Island, California Gov. Jerry Brown’s proposal for cannabis regulation faces opposition, and a marijuana-related firm sets up shop in China.

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

Cannabis banking still unpredictable: Q&A with Colorado Bank Commissioner Chris Myklebust

John Schroyer  | April 20, 2017

By John Schroyer

Colorado State Bank Commissioner Chris Myklebust flew to Washington DC in March to meet with a group of state bank regulators.

He also met with U.S. Sen. Cory Gardner, a Colorado Republican, and a staffer for U.S. Rep. Ed Perlmutter, a Colorado Democrat. He brought up cannabis banking, and was encouraged.

Detroit’s medical marijuana market in upheaval after new rules

John Schroyer  | April 19, 2017

By John Schroyer

A little over a year ago, Detroit enacted a new restrictive set of zoning ordinances designed to legitimize some medical marijuana dispensaries and to close dozens of others.

Today, according to the city, just three "caregiver centers" are licensed and 59 are in the approval process.

Chart: 4/20 holiday gives cannabis companies big bump

Eli McVey  | April 17, 2017

By Eli McVey

April 20 – the marijuana holiday colloquially referred to as “4/20”– has traditionally marked the largest single day for retail cannabis sales all year, and 2017 looks to be no exception.

Week in Review: 4 takeaways from Canada’s recreational marijuana plan

Omar Sacirbey  | April 14, 2017

By Omar Sacirbey

The biggest marijuana business development this week – and quite possibly this year – originated north of the border.

On Thursday, the Canadian government introduced landmark legislation to legalize recreational marijuana, giving entrepreneurs worldwide a look at how the country could regulate the first adult-use cannabis market in a G-7 nation.

Does vape lawsuit foreshadow litigious future for cannabis industry?

John Schroyer  | April 12, 2017

By John Schroyer

A turf war over Arizona’s medical cannabis vaporizer market has spilled into the courts, with one multistate marijuana company suing another over an alleged smear campaign.

While the case itself may not be a particular milestone, it’s another hallmark of the industry’s emergence into an atmosphere where high-stakes litigation is commonplace.

Washington state’s marijuana tracking contract up for bid

Bart Schaneman  | April 11, 2017

By Bart Schaneman

Washington state regulators have begun accepting bids for a new seed-to-sale tracking system to keep tabs on marijuana commerce, a deal with an initial value of about $3 million.

The competition likely will be fierce, given that the contract involves one of the nation’s largest cannabis markets.

Chart: Medical cannabis patient counts rebounding in Montana

Eli McVey  | April 10, 2017

By Eli McVey

Just months after voters approved a state ballot initiative to revive Montana’s medical marijuana industry, patients are returning to the program by the thousands – breathing new life into dispensaries across the state.

Week in Review: West Virginia nears legalization, NV distribution plan & Johns Hopkins exits study

Bart Schaneman  | April 7, 2017

By Omar Sacirbey and Bart Schaneman

West Virginia moves closer to legalizing medical marijuana, Nevada dispensaries get a new adult-use business opportunity, and Johns Hopkins exits a study involving cannabis and post-traumatic stress disorder.

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

California cannabis industry lauds governor’s ‘pro-business’ proposals

John Schroyer  | April 6, 2017

By John Schroyer

California marijuana businesses apparently have an ally in the governor's mansion.

Many in the MJ industry are applauding a series of overhaul proposals issued Tuesday by Gov. Jerry Brown for his state's regulatory system, which will begin overseeing the cannabis trade starting in January.