Legal & Regulatory News for Marijuana Businesses

Maryland approves 7 more medical cannabis dispensaries

Maryland regulators approved seven additional medical marijuana dispensaries and one processor, their latest step to expand the state’s recently launched MMJ industry. The state now has almost 50 licensed dispensaries, The Sun reported. More than 40 are open, according to the newspaper, a sign that the state’s long-delayed MMJ program is gaining traction. Eventually, 102 MMJ […]

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Colorado senator: Trump pledges no DOJ interference in marijuana industry

President Trump has pledged to at least one U.S. senator that the Department of Justice won’t interfere with Colorado’s marijuana laws or businesses, a sign that the administration will take a hands-off approach toward legal MJ companies. According to The Denver Post, Republican U.S. Sen. Cory Gardner said Friday that he had received a commitment […]

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US senators urge Justice Department to quit blocking marijuana research

One of the ways U.S. Attorney General Jeff Sessions is standing in the way of cannabis industry progress is by stalling marijuana-related research permits through the Drug Enforcement Administration, and two U.S. senators are tired of it. Republican Orrin Hatch, of Utah, and Democrat Kamala Harris, of California, sent Sessions a letter this week imploring […]

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New Jersey medical marijuana expansion bill could mean industry boom

New Jersey’s medical marijuana market appears poised for a major shot in the arm, with state lawmakers eyeing an expansion that could increase the number of MMJ dispensaries in the state from six to almost 100. According to NJ.com, a bill making its way through the lower house of the state legislature would authorize “a maximum […]

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Maine lawmakers sign off on recreational cannabis bill

The Maine state House and Senate have approved legislation to allow legal adult-use marijuana sales in the state, likely by 2019 or 2020. According to the Portland Press-Herald, lawmakers apparently have enough support to override a potential veto by Republican Gov. Paul LePage, who torpedoed an earlier rec implementation bill last year. Legislation had been held […]

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Arkansas halts review of medical marijuana dispensary applications

Arkansas regulators have stopped reviewing applications from businesses that want to sell medical cannabis, weeks after a judge struck down the state’s licensing process for growing the drug. A spokesman for the Department of Finance and Administration (DFA) said Wednesday the Medical Marijuana Commission’s review of dispensary applications was halted in response to a judge’s […]

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Canada’s cannabis oil exports rise 300%, boosted by German demand

Exports of medical cannabis oil from Canada had a breakout year in 2017 – and executives say it is just the start for a massive new overseas market.

Medical cannabis exports in oil form rose 300% from 2016 levels, according to data shared with Marijuana Business Daily by Health Canada. Analysts expect this trend to continue as countries legalizing medical cannabis look to imports to meet demand in lieu of domestic cultivation.

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Ex-House Speaker Boehner – a former cannabis opponent – joins MJ firm’s board

Former U.S. House Speaker John Boehner joined the advisory board of Acreage Holdings, a New York company with marijuana cultivation, processing and dispensing operations in 11 states. Boehner, a Republican, has been a longtime opponent of marijuana reform. Industry insiders and analysts said his change of political heart has the potential to energize and influence national marijuana […]

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Quebec inks ‘bombshell’ supply deals for 359 tons of cannabis

Canada’s second-largest province by population signed multiyear supply deals with six licensed cannabis cultivators for its recreational market, a move that provides much needed certainty for businesses and investors, analysts say. The six companies will supply an aggregate of approximately 325,000 kilograms (359 tons) of cannabis over the life of the deals. Quebec-based Hydropothecary got the […]

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Impending ruling on epilepsy drug has CBD industry on alert

The most disruptive product to hit the newly legal hemp industry might be one that will never be sold directly to consumers. GW Pharmaceuticals, a London-based biotech company, is awaiting a final decision from the U.S. Food and Drug Administration to produce the first cannabis-derived treatment to win approval as legal medicine. The decision on […]

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New medical marijuana rules go into effect in Montana

Medical marijuana providers in Montana will start testing, labeling and tracking their products as new rules take effect Tuesday for state officials to keep close tabs on cannabis plants from seedlings until they’re sold. The sweeping regulations cover everything from employee ID badges to pesticide testing. Kate Cholewa, spokeswoman for the Montana Cannabis Industry Association, […]

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