Legal & Regulatory News for Marijuana Businesses

Breaking: Feds release banking guidance

by CannaBusiness Media Staff The federal government on Friday cleared the way for banks to work with marijuana businesses, removing a major hurdle that has tripped up the cannabis industry in recent years. The US Justice Department and Treasury Department issued joint memos that provide banks with an outline for how to work with the […]

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Illinois MMJ Rules Would Require $500K On Hand

Medical marijuana entrepreneurs in Illinois better start saving their dollars. Regulators there have proposed a set of rules for dispensaries and grow operations that would require business owners to have around half a million dollars on hand. Under the rules, dispensary owners would pay a $5,000 nonrefundable application fee, a $30,000 permit fee and a […]

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Maine Cannabis Industry Assails Proposed Kief Ban

Caregivers, dispensaries and medical marijuana patients in Maine are pressuring the state government not to proceed with a proposed ban on kief. Lawmakers have proposed a bill intended to “clarify” regulations in the Maine Medical Marijuana Act of 2009, which legalized the plant for medical purposes. The bill would outlaw the possession and sale of […]

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Inventory, Operations at Stake Under Washington Cultivation Limits

by Fred Dreier Washington State’s cap on recreational marijuana production could create a variety of consequences for the state’s cannabis industry, from price hikes and inventory shortages to an unprofitable system for growers. In 2013 the state’s Liquor Control Board established a

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Now Hiring: Nevada Brings On Facility Inspectors

Nevada continues to implement its rules governing medical marijuana dispensaries, and last week an official confirmed that the state will soon hire six inspectors and one supervisor to oversee the facilities. The team will regulate activities at roughly 150 facilities, including 66 dispensaries planned for the state. The seven individuals are part of a team […]

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More Dispensary Raids in SoCal

Authorities in Southern California continue to target marijuana dispensaries. On Wednesday, police in Pomona, California raided the People’s First Wellness Center and seized marijuana flowers and edibles, as well as computer equipment, cellphones and paperwork. Police said they could charge the business owner for zoning violations and operating without a business license. Pomona is part […]

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Alaska Next State to Legalize Marijuana?

Alaska could become the third state in the nation to allow the production, sale and use of recreational marijuana. State officials have validated enough signatures to qualify a legalization proposal for the primary election ballot in August. The measure would allow adults 21 and over to purchase cannabis from state-licensed shops or grow their own, […]

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Email Marketing Under Attack in R.I.

Rhode Island’s attorney general has put the kibosh on email marketing campaigns for the medical marijuana industry there. Attorney General Peter F. Kilmartin contacted the Thomas C. Slater Compassion Center to denounce the company’s direct email marketing campaigns, which had promoted discounts on medical marijuana products during the Holidays. The dispensary has stopped the campaigns. […]

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Utah State Senator Joins MMJ Payment Company

Utah State Senator Curt Bramble may not support medical marijuana in his home state, but he is lending his expertise to the industry. The Republican has teamed up with the Las Vegas-based payment processing company Medical Cannabis Solutions as chairman of the company’s advisory board. It’s an unpaid position; however Bramble said he may receive […]

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Farm bill could pave the way for billion-dollar hemp industry

Prospective hemp growers are celebrating Tuesday’s passage of the Farm Bill in the U.S. Senate, as the legislation could be the first step toward creating a multi-billion dollar hemp industry. Tucked into the $956.4 billion Farm Bill is an amendment proposed by representatives Jared Polis, Thomas Massie and

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MMJ Legislation Introduced in Nebraska, Missouri, Georgia

Medical marijuana legislation is making headway in Nebraska, Missouri and Georgia. In Nebraska, the state chapter of NORML has begun circulating a petition to put a medical marijuana initiative up for voter approval this year. According to the director of the state chapter, John Smith, the group needs to collect 125,000 signatures by July 1. So […]

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Bad News for Michigan’s Latest MMJ Bills

Michigan has become a battleground for medical marijuana legislation, and it appears that advocates are losing the latest battle. Lawmakers have stalled two important medical marijuana bills in the state’s Senate Government Operations committee, and it appears that both bills are destined to die in limbo. On Monday, the chairman of the committee, Republican Rep. Randy […]

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