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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Week in Review: California-Canada union, New Jersey’s MMJ expansion & a GOP thumbs-up for hemp
A Canadian cannabis business buys three California MJ companies, New Jersey expands its medical marijuana program, and a key Republican goes to bat for industrial hemp. Here’s a closer look at some notable developments in the marijuana industry over the past week. Northern invasion The announcement that yet another Canadian company – Ontario-based CannaRoyalty Corp. […]
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New Jersey adds five categories to medical marijuana program
New Jersey’s medical marijuana program is undergoing a significant expansion, including the addition of five categories of conditions treatable by MMJ.
According to New York TV station WABC, Gov. Phil Murphy signed off Tuesday on the addition of chronic pain related to musculoskeletal disorders, migraines,
anxiety, chronic visceral pain and Tourette syndrome.
New Jersey bill seeks tax credit program for marijuana businesses
A New Jersey assemblywoman plans to propose a bill that would create a tax credit program for cannabis businesses in urban enterprise zones if the state legalizes recreational marijuana. Democrat Annette Quijano, chair of the Assembly Judiciary Committee and deputy majority leader, got the idea for the bill from Nevada lawmakers while she was on […]
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Publicly traded plant-touching marijuana companies: Q&A with Terra Tech CEO Derek Peterson
One arena in which the cannabis industry has struggled to make serious gains is the stock market. Most plant-touching companies that are also publicly traded still live on the over-the-counter markets, dreaming of the day when they’ll graduate to the Nasdaq or the New York Stock Exchange. Derek Peterson is no exception. As the founder […]
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Week in Review: New Jersey explores MMJ expansion, California growers sue & rules violations in MA
New Jersey’s governor looks to improve the state’s medical marijuana program, California cannabis growers are suing the state over licensing, and Massachusetts MMJ inspections uncover numerous violations. Here’s a closer look at some notable developments in the marijuana industry over the past week. New Jersey MMJ expansion? The Garden State’s new governor certainly didn’t wait […]
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New Jersey governor seeks improvements in medical marijuana program
New Jersey Gov. Phil Murphy promised during his campaign that he would legalize recreational marijuana in the state.
But first, the Democrat hopes to revive New Jersey’s medical cannabis program.
Murphy signed an executive order Tuesday to study a program he says has existed “in name only.
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New York is considering recreational cannabis legalization
New York’s governor is urging state lawmakers to provide funding to establish a commission that would study the feasibility of legalizing adult-use marijuana in the state. The study would explore recreational legalization’s health effects, economic impact, criminal justice impact and how recreational legalization by some of New York’s neighbors would affect the state, according to Buffalo […]
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Is this the year state legislatures lead the charge to pass recreational marijuana laws?
While not likely to be as historic as the legalization wave of 2016, this is expected to be a watershed year for the cannabis industry. For the first time, from all indications, state legislatures are poised to pass recreational marijuana legalization laws, with the East Coast being the most fertile ground for such efforts. Vermont […]
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A look ahead: Challenges, opportunities for marijuana professionals in new year
The marijuana industry is strapping in for a roller-coaster 2018, when challenges and opportunities are unfolding faster than ever, and in more places than ever.
Here’s a look at 11 challenges and opportunities that will demand the attention of marijuana entrepreneurs in 2018:
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Marijuana entrepreneurs already lining up for New Jersey’s looming recreational market
New Jersey can’t even begin the recreational cannabis legalization process until mid-January, but marijuana entrepreneurs across the country are descending on the Garden State in hopes of getting a first-mover’s advantage in what could become one of the most buoyant markets on the East Coast. Indeed, many marijuana businesses already have a presence in New Jersey, […]
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Week in Review: New Jersey rec MJ legalization, Indiana hemp chaos & cannabis + wine
New Jersey’s governor-elect appoints a marijuana advocate to a key position, Indiana hemp retailers are ordered to remove CBD products from their shelves, and an Oregon judge allows a vineyard’s lawsuit against a planned cannabis grow to continue. Here’s a closer look at some notable developments in the marijuana industry over the past week. Keeping […]
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April Issue
Amid growing criticism, NCIA chief Aaron Smith admits missteps and hopes to move the trade group in a new direction.Read the Issue