Marijuana Legalization and Regulatory News for Cannabis Businesses

Utah selects medical cannabis growers, including out-of-state groups

Utah on Friday awarded eight medical marijuana cultivation licenses to a mix of local and out-of-state businesses. That’s two short of the 10 growers allowed under state law, but regulators are hoping to ensure a supply-and-demand balance. “The decision to only award eight licenses was made to avoid an oversupply of product, while still maintaining a […]

Read More

Louisiana grower says medical cannabis rollout a ‘few weeks’ away

A Louisiana cultivator could soon start selling the state’s first medical marijuana products to retailers. “We’re in the process of bottling the final formulations and we’re waiting to put the labels on the bottles that will describe the contents,” John Davis, a vice president of grower GB Sciences, told Baton Rouge TV station WAFB. “That’s […]

Read More

Second lawsuit filed over California marijuana delivery rule

A licensed California cannabis company sued Santa Cruz County, claiming the governmental body is violating state law by prohibiting deliveries from out-of-county retailers into a swath of unincorporated areas. The East of Eden Cannabis Co. lawsuit filed in Superior Court in Santa Cruz County is the latest development in a thorny legal fight over who […]

Read More

Week in Review: US Senate to consider MJ banking issues, Arcview + Curaleaf’s important cannabis deals & more

Cannabis banking reform secures a landmark U.S. Senate panel hearing, financial experts contemplate the impact of Arcview and Curaleaf news, the Food and Drug Administration considers cannabis extracts from both marijuana and hemp varieties in response to a jump in over-the-counter CBD sales – and more of the week’s top headlines. Bank on it News was […]

Read More

First adult-use marijuana store in Boston could open soon

The most populous – and potentially most profitable – recreational cannabis market in Massachusetts could soon get its first retail store. Massachusetts regulators granted the first provisional license for a rec MJ store in Boston. The preliminary license for Pure Oasis also is the first under a state economic empowerment program, according to The Boston […]

Read More

Kansas City medical cannabis market attracts 73 applicants for 24 licenses

Only a third of the applicants to sell medical marijuana in the Kansas City area will receive licenses from the state this year, reflecting stiff competition as marijuana firms look to enter one of Missouri’s most lucrative markets. Lyndall Fraker, director of Missouri’s new medical marijuana program, told The Kansas City Star that the city’s […]

Read More

Oklahoma medical cannabis businesses prepare for ‘necessary’ rules that will up compliance costs

Oklahoma medical marijuana companies are on the verge of facing new regulations that will increase compliance costs. Expanded costs are expected in a wide range of operations, including: Seed-to-sale tracking and package labeling. Product testing. Waste management. The regulations require MMJ businesses to have installed inventory tracking systems by late August and devote more resources […]

Read More

Bipartisan lawmakers offer federal bill to break medical marijuana research logjam

A bipartisan group of U.S. congressional lawmakers introduced a bill Wednesday to accelerate medical cannabis research, a step that could potentially bolster support for federal marijuana reform. “Forty-seven states have legalized some form of cannabis, yet the federal government is still getting in the way of further progress on the potential for research,” said Rep. […]

Read More

Utah drops residency restriction for medical cannabis growers

Utah regulators eliminated a proposed residency requirement for the 10 medical marijuana cultivation licenses the state is set to award in late July, which could result in possible out-of-state ownership. The announcement came in a bulletin dated July 15, although the proposed rule change itself was filed June 30, according to documents. A spokesman for […]

Read More

California government report finds regulators are unable to fully oversee the state’s marijuana market

A new audit by California’s Department of Finance found regulators have a long way to go before they have a solid handle on the state’s cannabis industry. The report concluded – despite having established a “structural foundation” for managing the legal marijuana industry – the California Bureau of Cannabis Control (BCC)’s “current status and location […]

Read More

Cannabis banking reform secures landmark US Senate panel hearing

A key U.S. Senate panel will meet next week to consider steps that could make it easier for marijuana companies to obtain banking services, a move that could pave the way for crucial MJ reform. The July 23 Senate Banking Committee hearing – which took industry officials by surprise – includes Sens. Jeff Merkley, an Oregon Democrat, […]

Read More

New Hampshire governor rejects medical cannabis expansion bill

New Hampshire Gov. Chris Sununu vetoed legislation that could have spurred medical marijuana sales by eliminating a health-care provider requirement. The bill would have eliminated the requirement that a patient have at least a three-month relationship with a health-care provider before being certified to receive MMJ. In nixing the medical cannabis bill, the Republican governor […]

Read More