Marijuana Legalization and Regulatory News for Cannabis Businesses

More medical cannabis companies bolster operations in lucrative Florida market following smokable flower ban repeal

A new Florida law repealing a ban on smokable medical marijuana products has given the state’s MMJ market a shot in the arm, prompting large multistate companies to aggressively expand their production, operations and retail footprints. That has injected fresh competition into one of the nation’s fastest-growing medical cannabis markets and loosened the grip of the state’s […]

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Week in Review: Marijuana lending activity cools, Vireo hires Linton, MA judge lifts MMJ vape ban & more

Cannabis companies confront fewer funding opportunities, Vireo Health taps Bruce Linton to help the multistate operator expand, a Massachusetts judge rules an emergency ban on vapes can’t be enforced for medical marijuana patients – and more of the week’s top cannabis business news.   Marijuana investment activity slows Cannabis companies are struggling to thrive as […]

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Michigan nets 52 adult-use marijuana applications on first day

Marijuana regulators in Michigan received 52 recreational cannabis business license applications on the first day of the application period, a modest number because most communities initially decided to opt out of the program. “With that level of municipal participation, it’s not surprising that applicants are waiting and wanting to see how the landscape unfolds,” Andrew […]

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Iowa board supports adding PTSD to limited medical cannabis program

An Iowa medical marijuana board approved post-traumatic stress disorder and intellectual disability with aggression as conditions allowed to be treated by MMJ, moves that should boost the relatively small market. The Iowa Board of Medicine must concur before the two are added as qualifying conditions for medical cannabis. Marijuana Business Factbook projects that Iowa’s limited […]

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Michigan starts taking recreational marijuana applications

Michigan’s adult-use cannabis application process got off to a fast start Friday, with regulators giving “prequalification” approval to two existing medical cannabis operators before 9:30 a.m. local time. But a spokesperson for the state Marijuana Regulatory Agency told the Detroit Free Press that the second stage of the approval process will take a few weeks. […]

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Vaping crisis creates adult-use cannabis hurdle in Minnesota

The vaping crisis is making some lawmakers in Minnesota reluctant to support recreational marijuana legalization in the state. Cannabis opponents latched on to the outbreak as a reason for the state to slow down legalizing adult-use marijuana, according to the Star Tribune. The outbreak came at nearly the same time that marijuana advocates were rolling […]

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Cresco Labs growing jobs in Illinois as adult-use marijuana looms

Chicago-based Cresco Labs is more than doubling its workforce in Illinois as the multistate operator prepares for the Jan. 1 launch of recreational cannabis sales in the state. The company, expected to close its acquisition of Canada-based distributor Origin House by Nov. 15, said it is hiring more than 300 people in its home state […]

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Week in Review: USDA issues hemp rules, Mexican recreational cannabis vote delayed, spring rollout for Michigan’s rec market & more

The U.S. Department of Agriculture (USDA) unveils its hotly anticipated hemp regulations, Mexico’s bid to legalize recreational marijuana is delayed, sales of adult-use MJ in Michigan won’t begin until March or April at the earliest – and more of the week’s top cannabis business news. USDA rolls out hemp rules The USDA released 160 pages of […]

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Cannabis firm Green Thumb refuses to recognize Illinois union effort

Chicago-based Green Thumb Industries, a vertically integrated multistate cannabis company, is refusing to recognize a newly formed Teamsters unit at its cultivation facilities in Rock Island, Illinois, saying the union failed to hold a vote among GTI’s employees on the decision. “GTI respects the rights of our employees,” the company told Marijuana Business Daily in […]

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US Senate votes to continue temporary medical cannabis protections

The U.S. Senate on Thursday approved a spending bill that includes a provision that would continue to protect state-legal medical marijuana programs from U.S. Department of Justice interference. The provision, which would be good for a year, was included for the first time in the House fiscal year 2020 Commerce-Justice-Science bill. In the past, the […]

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Pennsylvania residents want adult-use marijuana but frown on state-run sales

The majority of Pennsylvania voters support legalizing recreational cannabis, but they don’t want state-run stores selling the products, according to a poll. State lawmakers recently unveiled legislation that calls for retail cannabis stores to be operated by Pennsylvania’s Liquor Control Board, a move that would heavily restrict private business opportunities. The bill was introduced just […]

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