Legal & Regulatory News for Marijuana Businesses

In surprise move, Pennsylvania rejects medical cannabis research cultivators

Pennsylvania officials rejected all eight growers that planned to partner with medical schools to research medical marijuana. Those cultivators also would have been allowed to compete in the commercial market with a lower barrier of entry than other licensed MMJ operators. The state will open a second round of applications in early 2019. The surprise […]

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Utah medical marijuana advocates challenge new compromise law in court

Advocates in Utah are suing to block a compromise agreement legalizing medical cannabis, saying it wrongly guts a measure approved by voters last month. The compromise bill, which was signed into law by the governor, has more restrictive business provisions than the voter-approved measure. The lawsuit asks a judge to set aside the overhaul and […]

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Regulator warns Canadian marijuana firms against ‘problematic practices’

Canada’s stock market regulator warned publicly traded companies in emerging industries such as cannabis and fintech against “problematic promotional activities” that could artificially increase share prices and put investors at risk. The warning from the Canadian Securities Administrators (CSA) – an umbrella organization for provincial securities regulators – came amid already highly volatile cannabis stock […]

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Adult-use cannabis legal in MI as of today; commercial market not likely until 2020

Michigan on Thursday became the latest state to officially legalize the recreational use of marijuana, but it’s initially only for adult possession and use – not commercial sales. The start of what is expected to be billion-dollar-plus commercial industry is still more than a year away, but businesses are positioning themselves in anticipation. Matt Miner, […]

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Pennsylvania medical cannabis operators renew legal challenge

A group of licensed medical marijuana companies resumed efforts to challenge Pennsylvania’s MMJ clinical research program in court, saying the effort needs to pause until it has a transparent vetting process for selecting cultivators. At the heart of the lawsuit, filed last week against the state in the Commonwealth Court of Pennsylvania: The companies selected […]

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Nevada high court dismisses liquor firms’ adult-use marijuana distribution suit

The Nevada Supreme Court dismissed a lawsuit that would have required the state to license only alcohol wholesalers as distributors of recreational marijuana. The decision doesn’t have an immediate effect, but “when we decide to open up more (distributor) applications, it will allow us to select from a broader range of applicants,” said Stephanie Klapstein, […]

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Pennsylvania may expand medical cannabis qualifying conditions list

It may soon become easier for more patients to purchase medical cannabis in Pennsylvania, a development that could boost dispensary sales. The state’s Medical Marijuana Advisory Board approved a new process for adding medical ailments to the list of treatable conditions, the Tribune-Review reported. In coming weeks regulators will start accepting petitions for new conditions […]

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Minnesota adds Alzheimer’s as medical marijuana condition

Minnesota is adding Alzheimer’s disease as a qualifying condition for medical marijuana, a move that could provide a boost to MMJ sales. More than 94,000 Minnesota residents are afflicted with Alzheimer’s, according to the Alzheimer’s Association, but it’s unclear how many of those will enroll in the program. Those who do will be eligible to […]

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Utah gov signs medical cannabis compromise bill passed by lawmakers

Utah lawmakers voted overwhelmingly on Monday to pass a medical marijuana compromise bill with more restrictive business provisions than the ballot initiative approved by voters Nov. 6.

Gov. Gary Herbert, a Republican, signed the measure into law Monday night and said his administration would implement the law “as quickly as feasible.”

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Falsified California testing lab data may result in major marijuana product recall

Sacramento-based Sequoia Analytical Labs surrendered its business license after a state inspection discovered that the company’s lab director allegedly falsified cannabis product testing results for almost four months. Hundreds of marijuana products may now have to be recalled and retested. The loss of a lab could pose a significant problem for the California cannabis industry […]

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Ex-officials at marijuana retail chain Sweet Leaf in jail on felony drug charges

Two former executives of the once high-flying Colorado cannabis company Sweet Leaf have pleaded guilty to felony drug charges and are serving 30-day jail sentences, the alt-weekly Westword newspaper reported. The plea agreements by Nichole West, a former Sweet Leaf vice president, and Ashley Goldstein, an ex-retail operations manager, are contingent on their continued cooperation with […]

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280E still applies to marijuana companies, US Tax Court rules

The U.S. Tax Court ruled on a 2½-year-old case in which California-based Harborside had hoped to end 280E’s hold over the marijuana industry’s profit margins. But the Oakland company’s hopes were dashed Friday when the court upheld the tax code. “280E continues to negatively impact the growth of the legal cannabis industry, the jobs that […]

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