Marijuana Legalization and Regulatory News for Cannabis Businesses

Tennessee state senator offers bill to legalize medical marijuana

A Tennessee state senator has reintroduced legislation to legalize the use, cultivation and sale of medical cannabis in the state. The bill would lay the legal groundwork to regulate the licensing of cultivators to grow, produce, distribute, transport, sell and acquire marijuana for medical use and scientific research, Nashville TV station WKRN reported. It wasn’t […]

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Alaska recalls contaminated cannabis products from two businesses

Alaska regulators ordered a marijuana product recall after tests showed that a cultivator and retailer in the town of Houston possessed contaminated cannabis. “This is the first time contaminated products from pesticide and/or fungicides has been confirmed in Alaska marijuana products,” Glen Klinkhart, the interim director of the Alcohol and Marijuana Control Office (AMCO), wrote […]

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Washington state eyes marijuana enforcement changes after study

Washington cannabis regulators are recommending changes in their enforcement policies after industry officials complained the state has been “heavy-handed” in its oversight. The proposed changes come in response to a study conducted by a third-party consulting firm. The state Liquor and Cannabis Board (LCB) commissioned the study. In a conference call Thursday, LCB Director Rick […]

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Week in Review: IL adult-use marijuana stores face shortages, Michigan early recreational MJ sales near $6.5M, Harvest pivots on deals & more

After the Jan. 1 launch, some Illinois adult-use cannabis retailers have cut off customers temporarily to conserve inventory, recreational marijuana sales in Michigan hit almost $6.5 million in first month, Harvest Health & Recreation looks to terminate an acquisition – and more of the week’s top MJ business news. Huge rec sales in Illinois lead to some shop closures The […]

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Vermont lawmakers push for adult-use cannabis sales, taxation

Some Vermont lawmakers and other officials urged the full Legislature to pass a law to regulate and tax marijuana sales in the state, a renewed attempt to approve a full-fledged recreational market. Though it became legal in July 2018 to possess small amounts of marijuana for recreational use, the law contains no provision for the […]

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New medical cannabis sales opportunities in Peru face downward price pressure after winning company’s very low bid

The price offered by the winner of the first bidding process to supply medical cannabis in Peru came in well below that of other applicants, setting a precedent for the market’s future and possibly limiting the revenue opportunities for other suppliers. According to government documentation obtained by Marijuana Business Daily, Oregon-based Anden Naturals won the government’s supply […]

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Illinois opens applications for additional marijuana license classes

Illinois regulators have opened the application process for cannabis entrepreneurs seeking craft grower, transporter and infuser licenses, paving the way for additional business opportunities in the state’s newly launched recreational market. In a news release, the Illinois Department of Agriculture (IDOA) said it will begin accepting completed applications on Friday, Feb. 14. The deadline is 5 […]

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NH House OKs bills expanding medical cannabis conditions

The New Hampshire House of Representatives approved two bills to make medical marijuana available to more patients by expanding the state’s list of treatable conditions, but a more expansive measure died in the Senate. The House on Wednesday voted to add insomnia and opioid-use disorder to the list of qualifying conditions, though the latter would […]

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Medical marijuana makes ballot in Mississippi

A business-friendly medical cannabis initiative has qualified for the November ballot in Mississippi. The constitutional amendment, put forth by Mississippians for Compassionate Care, would prohibit the state from limiting the number of business licenses or setting prices for medical marijuana. The Mississippi Department of Health would regulate the industry. However, the Mississippi Board of Health […]

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New York governor pledges to legalize adult-use marijuana

New York Gov. Andrew Cuomo on Wednesday promised to legalize recreational cannabis in the state as part of his 2020 agenda. The governor made his promise to legalize adult-use marijuana during his annual State of the State address. The state is facing a multibillion-dollar budget gap and legalized recreational marijuana “could pour much-needed revenue into […]

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Chart: Local approval in Michigan adult-use marijuana program creates uneven business opportunity

Michigan’s strategy for adult-use cannabis businesses empowers localities to control their communities, but it creates disparate business opportunities within the state’s market. Regulators chose not to restrict the number of recreational marijuana businesses allowed statewide but granted municipalities local approval. Adult-use sales began in Michigan on Dec. 1, 2019, and could reach $1.4 billion to […]

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