Marijuana Legalization and Regulatory News for Cannabis Businesses


Cannabis ETFs post steep declines in line with marijuana stocks, but longer-term prospects appear bright

Cannabis-focused exchange-traded funds have emerged over the past few years in the United States, Canada and now Europe, but their recent sharp declines have mirrored tumbling marijuana stocks and made it tougher for some ETF operators to attract investors. But the longer-term outlook for ETFs – where baskets of marijuana securities are traded as one stock […]

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Week in Review: UN drug chief ponders validity of cannabis control treaties, coronavirus effects on marijuana sector, US authorities loosen hemp testing rules & more

The United Nations narcotics enforcement agency president considers whether drug control treaties are outdated, experts share insights on how the coronavirus might affect the marijuana industry, MJ labs could see new opportunities in testing hemp – and more of the week’s top cannabis business news. UN drug chief questions drug control conventions The head of the […]

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Florida legislators seek partial THC cap in medical marijuana

Florida would cap the amount of THC in medical cannabis at 10% for patients younger than 21 under a state Senate bill amendment filed Friday, a move that could be disruptive to the state’s fast-growing MMJ industry. The measure, however, isn’t as stringent as a proposal floated by Florida House lawmakers to cap all medical cannabis […]

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Cannabis regulators growing stricter in enforcing licensing rules but also willing to negotiate with companies

State marijuana regulators increasingly are enforcing strict regulations involving dispensary caps, residency requirements and ownership rules – actions that could harm the reputations of cannabis companies and jeopardize lucrative licenses that are sometimes worth upwards of millions of dollars. The increasingly assertive stance by regulators already has sparked legal skirmishes around the country, forcing some […]

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Vermont House advances recreational marijuana bill

The Vermont House of Representatives on Thursday took the next procedural step to legalize adult-use cannabis sales in the state. A marijuana legalization bill that the House passed in a 90-54 vote a day earlier, was approved Thursday by the chamber in a voice vote on the third reading. The bill now goes back to the […]

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Maine issues guidance on marijuana advertising

In an effort to keep Maine’s cannabis businesses compliant with state laws, regulators issued a reminder guidance regarding how to advertise. The state’s Office of Marijuana Policy released the guidance after an investigation into cannabis-related advertisements at the Androscoggin Bank Colisée in Lewiston, Maine, the Portland Press Herald reported. Parents of children who played sports or […]

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Hoping to legalize adult-use cannabis, New York gov plans visits to rec states

New York Gov. Andrew Cuomo said he will visit several markets that have legalized recreational marijuana in an effort to help develop a plan to get similar legislation passed in his state. “I’m going to visit Massachusetts, Illinois and California or Colorado,” Cuomo told Watertown TV station WWYN. New York is such an important market […]

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Week in Review: MO besieged by medical cannabis permit appeals, lawmakers push back against SAFE Banking, record CO marijuana sales & more

Rejected medical marijuana license applicants appeal Missouri regulators’ decisions, Republican legislators ask key U.S. senator to oppose MJ banking measure, Colorado cruises past $1.75 billion in cannabis sales in 2019 – and more of the week’s top marijuana business news. Missouri MMJ licensing tumult Medical marijuana license applicants in Missouri that failed to win permits have deluged […]

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Licensing appeals overwhelm Missouri’s medical marijuana program, point to widespread MJ industry concern about scoring fairness

Challenges by rejected medical cannabis license applicants have inundated Missouri regulators, despite state efforts to avoid such a mess by hiring an independent third-party scorer. Rejected small-business applicants complain that arbitrary scoring processes shut them out of a market designed to remain largely locally owned, while multistate cannabis operators (MSOs) won a big chunk of the licenses. The […]

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Multistate operators hog Missouri medical cannabis licenses

Missouri granted medical marijuana licenses to some of the largest multistate cannabis operators in the U.S., leading to a flurry of complaints from applicants who were rejected. A Missouri cannabis trade group also won a coveted license, according to an analysis of state records by the St. Louis Post-Dispatch. The influx of multistate operators seeking medical […]

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Week in Review: NM nixes adult-use cannabis bill, Aurora posts big loss, Trump seeks money to regulate CBD/hemp & more

A New Mexico Senate panel scraps legislation to legalize recreational marijuana, Aurora Cannabis reports a steep loss for its second quarter, President Trump’s 2021 budget proposal seeks additional money for the federal government to regulate hemp and CBD – and more of the week’s top cannabis business news. New Mexico lawmakers scrap adult-use bill A […]

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