Arkansas Medical Cannabis Business & Marijuana Legal News

Week in Review: New York medical cannabis, the future of Colorado hemp & Maryland banking

New York approves an expanded line of medical marijuana products, a Colorado hemp producer departs for Arkansas, and a Maryland credit union welcomes MMJ businesses. Here’s a closer look at some notable developments in the marijuana industry over the past week. New York blues It’s bullish news that one of New York’s licensed medical marijuana […]

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Colorado hemp producer leaving for Arkansas’ new market

A hemp grower and CBD manufacturer in Denver is shifting operations to Arkansas, which will allow hemp cultivation and processing for the first time this year. Tree of Life Seeds is owned by Arkansas natives who said they set up shop in Colorado in 2015 to learn the ins and outs of the hemp industry. […]

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Arkansas sets timeline for awarding medical marijuana cultivation licenses

Winners of medical marijuana cultivation licenses in Arkansas will be announced Feb. 27. The state’s Medical Marijuana Commission has decided that in the next two weeks it will begin reviewing the 95 applications for the five available grow licenses, according to the Arkansas Democrat-Gazette. Here’s what you need to know: The marijuana commissioners gave themselves a […]

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New US medical marijuana markets – one year later

If it was a big year for recreational marijuana in 2016, then it was a huge one for medical marijuana.

Voters or state legislatures in 11 states – Arkansas, California, Florida, Hawaii, Louisiana, Maryland, Montana, North Dakota, Ohio, Pennsylvania and West Virginia – approved or advanced medical cannabis measures.

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Lawsuits challenge Arkansas’ medical cannabis licensing process

Some medical marijuana business license applicants in Arkansas have filed anonymous lawsuits charging that regulators wrongly rejected their applications and are seeking a temporary restraining order to force the state to keep their bids in the scoring pool. Such a restraining order, if granted, would force the Arkansas Medical Marijuana Commission – the agency tasked […]

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Two new marijuana markets – AR and MA – encounter obstacles

Arkansas’ medical marijuana program and Massachusetts’ adult-use industry have encountered stumbling blocks that could slow their full-fledged launches. According to Talk Business and Politics, the Arkansas Medical Marijuana Commission said it will need to push back the rollout of the program because of the time it will take to conduct FBI background checks for the […]

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Arkansas accountants cleared to do work for medical marijuana firms

Accountants in Arkansas have been given the green light to provide professional services to medical marijuana businesses, making Arkansas one of the few states where accountancy regulators have given clear guidance on the industry. The Arkansas State Board of Public Accountancy (ASBPA) has received 5-10 inquiries from accountants wondering if they’re allowed to provide professional […]

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Lab vies for Arkansas medical cannabis testing contract

At least one laboratory is throwing its hat in the ring to test medical marijuana in Arkansas. And with more than 300 applications submitted so far for the state’s five cultivation and 32 dispensary licenses, the MMJ program is starting to take shape. According to KATV, Little Rock-based Marygold Laboratories is planning to spend $1.1 […]

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Arkansas receives 300 applications for medical cannabis licenses

Arkansas received roughly 300 applications for medical marijuana business licenses, including about 200 on the final day the paperwork could be submitted. The Department of Finance and Administration took in 200-plus applications Monday on top of the roughly 100 that had been submitted since the process began, the Arkansas Democrat-Gazette reported. The turnout likely was […]

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Arkansas gets first medical marijuana dispensary application 

Arkansas has received its first application for a medical marijuana dispensary license. The application was submitted last week, according to the Arkansas Department of Finance and Administration, and regulators anticipate more applications to start arriving closer to the Sept. 18 submission deadline. Arkansas began accepting MMJ business applications June 30 for five cultivation facilities and 32 dispensaries. Meanwhile, […]

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