Marijuana Legalization and Regulatory News for Cannabis Businesses

As Brazil readies new cannabis regulatory framework, individual imports still growing strong

The cumulative number of authorizations for individual patients in Brazil to import nonregistered medical cannabis products exceeded 13,000 at the end of September 2019, according to data the country’s health regulator shared with Marijuana Business Daily. The data shows growing demand despite the current restrictive program that allows only individual imports. With rules set to change in […]

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Week in Review: Illinois adult-use marijuana market starts with $3M+ day, OR rule might limit cannabis permits, Nevada lab closes & more

Licensed recreational cannabis sales begin in Illinois, a new Oregon rule could possibly curtail the number of marijuana licenses in the state, Nevada shutters a testing lab – and more of the week’s top MJ business news.   Illinois hits 77,000-plus transactions on first day of legal adult-use MJ sales The newest U.S. recreational marijuana market kicked […]

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2019’s top US cannabis business stories: Vape crisis, California MJ industry challenges, landmark legalization moves & more

The U.S. cannabis industry experienced some momentous moves forward on the legalization front in 2019, but it also faced significant obstacles that reflected how the licensed marijuana sector is continuing to mature and why it cannot always expect boom times and unfettered growth. The top page views of the year at Marijuana Business Daily show […]

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New York tribe approves medical cannabis sales

The Saint Regis Mohawk Tribe is moving forward with plans to implement medical cannabis sales in its territory in upstate New York after tribal voters overwhelming approved an MMJ referendum. The tribal Election Board on Monday certified the results of the Dec. 14 vote The adoption of the Medical Marijuana Ordinance was approved by 86% of […]

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Cannabis payment provider allegedly owes millions to MJ retailers

Linx Card, which touts itself as a “primary provider” of debit merchant services to marijuana retail stores, has faced a flurry of lawsuits in recent months from cannabis businesses that allege the California firm owes them millions of dollars. Linx includes a platform where customers can load up Linx “gift” or debit cards at a […]

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Greece’s new government committed to cannabis sector success: Q&A with Pelopidas Kalliris of Ministry of Development and Investment

Greece is one of a half-dozen European countries hoping to cash in on medical cannabis exports. The country is also developing rules for domestic patients to access medical marijuana. Because Greece was among the first countries to allow medical cannabis cultivation in Europe, it already has attracted more than 100 companies in the application process seeking […]

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Medical cannabis vote set for South Dakota in 2020

South Dakota voters likely will decide next year whether to legalize medical marijuana sales as Secretary of State Steve Barnett validated the signatures on a petition to place MMJ on the 2020 ballot. The measure is expected to be decided at the polls on Nov. 3, although any citizen has until Jan. 20 to challenge […]

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Week in Review: Cannabis banking reform hits snag, recreational MJ goes to New Jersey voters, merger falls through & more

The head of a U.S. Senate banking panel signals marijuana banking reform could take longer than the cannabis industry hoped, legislators in New Jersey agree to put recreational marijuana legalization in front of voters in 2020, another cannabis business merger hits the skids – and more of the week’s top MJ business news. Key US […]

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Key US Senate leader signals major changes to cannabis banking bill, dimming prospects for significant reforms in 2020

U.S. Senate Banking Chair Michael Crapo, an Idaho Republican, laid the foundation for his own version of cannabis banking reform with a potentially onerous THC potency cap when he released a statement saying he doesn’t support the Secure and Fair Enforcement Banking (SAFE) Act as is. In September, the U.S. House of Representatives approved the SAFE Act, which would […]

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Statewide delivery policy ‘critical’ to cannabis industry success, California insiders say ahead of key court case

A controversial policy adopted last year by California that allows delivery of marijuana products anywhere in the state – even into areas where local municipalities have banned adult-use cannabis stores – is crucial to the ongoing success of the legal market, according to several delivery company officials. Those same officials told Marijuana Business Daily they fear […]

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California agency suggests state marijuana tax system shift to potentially lower rates, address illicit-market threat

An independent California state agency issued a long-awaited report about the state’s cannabis tax system, and its recommendations include a major overhaul that would simplify and possibly reduce marijuana tax rates. The goals of the report were to assess how California’s marijuana taxes can best undercut the illegal market, discourage cannabis use by youth and […]

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New Zealand finalizes groundwork to launch medical cannabis industry in April

(This story has been updated to reflect new information from the Health Ministry.) New Zealand completed the regulatory foundation for its medical cannabis sector this week, making a key concession by not requiring specialist approval for prescriptions. When the new rules take effect April 1, 2020, all general practitioners will be able to prescribe medical cannabis […]

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