Marijuana Legalization and Regulatory News for Cannabis Businesses

US Congress urged to open SBA programs to cannabis firms

Marijuana industry advocates urged the U.S. Congress to extend the federal government’s small business financial assistance programs to marijuana-related companies. Shanita Penny, president of the Minority Cannabis Business Association, said that while the association has “worked tirelessly to ensure cannabis policy is equitable on every level, our efforts have been crippled by a lack of […]

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State-legal marijuana program protections head to full US House

A key legislative panel advanced an amendment to the full House for consideration that would protect all state-legal cannabis programs from interference by the U.S. Department of Justice. The U.S. House Rules Committee cleared the amendment for a full House vote as it passed the fiscal year 2020 Commerce-Justice-Science spending bill by an 8-4 margin late […]

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Version 2 of New Jersey medical cannabis expansion bill gains traction

A key New Jersey legislative panel advanced a new medical marijuana expansion bill that appears to at least meet Gov. Phil Murphy halfway, but it’s unclear whether Murphy will approve the measure if it passes. The Assembly Appropriations Committee passed the bill by a 9-1 vote. The measure’s rapid progress comes a week after lawmakers […]

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Key New York lawmaker says adult-use cannabis bill dead for now

The New York legislator who introduced a measure to legalize recreational marijuana in the state said Wednesday it’s “clear” it won’t get done in this legislative session. “This is not the end of the road, it is just a delay,” Democratic state Sen. Liz Krueger said in a statement. Key lawmakers and Gov. Andrew Cuomo’s […]

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Oregon governor signs bill in effort to rein in marijuana oversupply

Oregon Gov. Kate Brown signed a bill into law that enables state regulators to deny new cultivation licenses in efforts to curb a cannabis glut that has led to price crashes and illicit market sales in the state. Senate Bill 218 specifically gives the Oregon Liquor Control Commission authority to refuse to issue grower licenses […]

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Rhode Island budget proposal seen as setback to medical marijuana growers

Amid ongoing complaints that Rhode Island’s three medical cannabis  dispensaries control the market – making it difficult for stand-alone cultivators to succeed – the state’s lawmakers released a budget that would license six vertically integrated companies to cultivate, manufacture and retail cannabis products. Medical marijuana cultivators in the state see the proposed budget as creating […]

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Congressional measure offered to shield all state-legal cannabis programs

An amendment that would protect all state-legal cannabis programs from interference by the U.S. Justice Department was submitted for the fiscal year 2020 Commerce-Justice Science spending bill. The federal funding bill and amendments are scheduled for consideration Tuesday by the U.S. House Rules Committee. The spending bill already included a provision that would prohibit the […]

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NY lawmakers make last-ditch bid to legalize adult-use marijuana

New York marijuana proponents are hopeful about an 11-hour effort to legalize a billion-dollar-plus recreational market before the legislative session’s scheduled end on Wednesday. Lawmakers are making progress on a potential Senate-backed compromise that could be voted on before adjournment, the New York Post and other media reported. “We’re going to try,” Sen. Liz Krueger, […]

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Michigan accelerates medical marijuana business licensing

In the past month and a half, the state of Michigan has dramatically increased turnaround times for processing and approving medical cannabis business license applications. In May alone, the new state Marijuana Regulatory Agency (MRA) ruled on 213 medical cannabis business permit applications, the Detroit Free Press reported. That’s up from an average of 95 […]

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Maine could ease state residency rules for adult-use marijuana licenses

A legislative committee in Maine approved rules that would relax state residency requirements for companies looking to qualify for recreational marijuana licenses. The move could open up new opportunities for Maine businesses that are interested in adult-use cannabis opportunities but are controlled by out-of-state firms. Here’s what you need to know: The committee’s amended rules […]

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Nevada creates marijuana board & bans social use licensing for two years

Nevada Gov. Steve Sisolak signed Assembly Bill 533 into law, which creates a Cannabis Compliance Board and also prohibits local governments in the state from licensing marijuana social consumption businesses. The social use provision expires July 1, 2021, which would leave the state without such venues for up to two years. The Cannabis Compliance Board was one […]

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