Alaska Medical Cannabis Business & Marijuana Legal News

Alaska governor puts marijuana advocate back on state MJ board

Alaska Gov. Mike Dunleavy is bringing back a marijuana advocate to the state cannabis regulatory board, a move welcomed by an industry that successfully fought his attempt to install an MJ critic. Dunleavy’s office said he appointed Bruce Schulte to the Marijuana Control Board. Schulte was involved in the 2014 initiative that legalized adult-use marijuana […]

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Fairbanks, Alaska, approves first marijuana consumption site in city

A Fairbanks dispensary is moving closer to becoming the first in the city where on-site consumption of cannabis is permitted. The Fairbanks City Council voted unanimously on a measure that allows consumption at The Fairbanks Cut, once it gets a certificate of occupancy, according to the Daily News-Miner. It can take several weeks to a […]

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Alaska credit union to nix pilot banking program for cannabis-related businesses

A credit union in Alaska will soon end a program it launched to provide some marijuana businesses in the state with checking and savings accounts in an attempt to reduce their reliance on cash. Anchorage-based Credit Union 1 said it will formally shutter the service Aug. 30. The catalyst, according to the credit union, was the […]

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Week in Review: US Congress mulls milestone cannabis bills, on-premise MJ edibles moves in Alaska & more

A milestone U.S. marijuana reform bill is introduced in Congress, experts suggest cannabis banking changes at the federal level remain a long shot, Alaska’s capital city approves an ordinance permitting customers to consume cannabis edibles inside licensed retail establishments – and more of the week’s top marijuana business news. Key member of U.S. House introduces sweeping cannabis […]

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Juneau, Alaska, OKs on-premise marijuana edibles consumption

Alaska’s capital city approved an ordinance permitting customers to consume cannabis edibles inside licensed retail establishments. The ordinance, approved in a 6-2 vote by the Juneau Assembly, also allows marijuana to be smoked in designated outdoor areas in Alaska’s capital city, KTOO Public Media reported. The ordinance takes effect in late August. The change is […]

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Marijuana Business This Week: Cannabis oil in Georgia, early MMJ access in MA, finalizing hemp regs in Alaska & more

Here are some notable stories and events in the cannabis industry to watch for in the coming days: STRIKING OIL: A Georgia law making it legal to produce and distribute cannabis oils with a THC cap at 5% goes into effect Monday, giving the state’s more than 9,500 registered medical marijuana patients better access to […]

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Marijuana Business This Week: Canopy, Acreage shareholders vote, Springfield selects, OK inspects & more

Here are some notable stories and events to watch for in the coming days: DAY OF DECISION: Shareholders of Canopy Growth and Acreage Holdings are scheduled to vote Wednesday on the much-heralded megamerger of the two companies. If consummated, it would become the first major Canadian/U.S. cannabis transaction. Each company’s shareholders will vote separately. At least […]

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Chart: Marijuana store density surpasses Starbucks & McDonald’s in many mature cannabis markets

As competition between cannabis retailers grows, so does the number of stores in mature markets, where the relative density of marijuana shops has surpassed that of Starbucks in many. The recently released Marijuana Business Factbook estimates that in Denver and Portland, Oregon, for example, marijuana retailers outnumber Starbucks by close to double, while in Anchorage, Alaska – […]

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AK cannabis regulators float on-site consumption, testing, tracking rule changes

The Alaska Marijuana Control Board is seeking public comment by June 19 on proposed changes to the state’s rules for on-site cannabis consumption spaces and the testing and tracking of marijuana. Among other changes, regulators recommend: Allowing retail stores not in freestanding buildings to have on-site consumption of edibles only. Increasing the cost of the license […]

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AK regulators ask for public input on changes to on-site cannabis consumption rules

The Alaska Marijuana Control Board voted to seek public comment on tweaks to statewide rules that allow onsite use of marijuana at authorized stores. On-site consumption rules that took effect last month refer to stores in freestanding buildings, consistent with language in a statewide smoke-free workplace law, and include ventilation requirements. The proposed changes would […]

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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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Alaska gov isn’t looking to repeal Marijuana Control Board this session

Alaska Gov. Mike Dunleavy does not plan to introduce legislation this session that would propose eliminating the board that regulates the state’s legal marijuana industry. Spokesman Matt Shuckerow said the decision was based on the time left in the session and the governor’s focus on other legislative priorities. It was unclear whether Dunleavy plans to […]

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