Marijuana Legalization and Regulatory News for Cannabis Businesses

US DOJ: Cannabis staffing firm employee cannot file for bankruptcy

The U.S. Justice Department said an Oregon woman who works for a marijuana staffing agency can’t use bankruptcy protection because of her firm’s cannabis ties. The Wall Street Journal reported the department’s decision is part of the DOJ’s larger policy to impose the federal marijuana ban on individuals whose income is connected to the cannabis […]

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Michigan could take adult-use marijuana applications by fall

Michigan regulators said they would begin accepting adult-use cannabis business license applications as early as September, nearly three months before the statutory deadline. They did not, however, give a timeline for issuing licenses or starting sales, according to MLive.com. The regulator comments came as Michigan transferred marijuana licensing from a board to state staff, per […]

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Key US senator indicates panel may refuse to hear cannabis banking bill

The chair of a key U.S. Senate committee declined Tuesday to commit to considering legislation that would provide federal protections to financial institutions serving state-legal marijuana businesses, which is dubbed the SAFE Banking Act. Sen. Mike Crapo, a Republican from Idaho, made the comments – as reported by Politico in a tweet – at a meeting of […]

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Unlicensed MI medical marijuana firms win another reprieve to stay open

Roughly 50 unlicensed medical cannabis firms in Michigan won another extension to stay open, with a judge ruling they can do so as long as their state license applications are pending. This is just the latest reprieve for unlicensed MMJ companies in Michigan, which is transitioning to stricter regulations. Court of Claims Judge Stephen Borrello […]

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Massachusetts gives initial OK for cannabis home delivery to select licensees

Massachusetts regulators signed off on preliminary plans for recreational marijuana home delivery, but the program would limit participation in the first two years to applicants that fit under the state’s social equity and economic empowerment provisions. The Massachusetts Cannabis Control Commission voted 4-1 to give initial approval to the policy, which could begin later this […]

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Colorado lawmakers approve marijuana bill to attract outside investors

Colorado legislators passed a bill to open the state’s $1.5 billion-a-year cannabis industry to outside investors and capital such as publicly held companies and large venture funds. The measure, which comes a year after former Gov. John Hickenlooper rejected similar legislation, was approved by the Senate after previously being passed by the House, and now goes […]

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Iowa bill to expand state’s medical cannabis market headed to governor

The Iowa Senate voted 40-7 to advance a bill that would expand the state’s medical cannabis market by eliminating the 3% THC potency cap for products and allow nurse practitioners and physician assistants to recommend MMJ, Iowa Public Radio reported. The House approved the bill last month. Now, it goes to Gov. Kim Reynolds for her […]

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Missouri to license 60 medical marijuana growers, 190-plus dispensaries

Missouri medical marijuana regulators announced they plan to issue 60 cultivation, 86 processing and 192 dispensary licenses in the state’s initial MMJ permitting round. Businesses can obtain applications online June 4. The state will accept them Aug. 3-17, with final scoring scheduled by the end of 2019. For more details – and links to various […]

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Massachusetts board cautions cannabis firms about evading permit limit rules

Massachusetts regulators warned they’ll crack down on any marijuana businesses that try to skirt license limits – and then look to mislead the state about ownership relationships. The warning by the state’s Cannabis Control Commission followed an investigative report by The Boston Globe. The newspaper reviewed some tactics certain firms appeared to use in attempts […]

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Marijuana Business This Week: Honing IL legalization language, taking reservations in Massachusetts, hempseeds enter space & more

Here are some notable stories and events to watch for in the coming days: LEARNING THE LANGUAGE: Substantial language to incorporate into a bill legalizing adult-use marijuana in Illinois could come as early as Tuesday, according to one of its key proponents. In early April, an Illinois Senate panel advanced a placeholder legalization bill that […]

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