State regulators overseeing the legal marijuana industry are adopting a wait-and-see stance as the industry determines what exactly is causing the health problems related to vaping, although California has come down more decisively against vaping of all forms. For the most part, regulators in more than a half dozen states are reacting cautiously while public […]
Read MoreNew Jersey Medical Cannabis Business & Marijuana Legal News
Cannabis industry insiders brace for potential fallout as health officials report new vaping deaths, issue warnings
U.S. health officials were once again cautioning the public to refrain from using vaping products as related respiratory illnesses and even deaths continued to be disclosed last week. As of Friday, officials linked at least five fatalities to e-cigarettes and electronic marijuana vaping devices. The outbreak has some in the cannabis industry expecting at least a […]
Read More
Chart: Medical marijuana markets expanding at varying rates, with Oklahoma, Florida setting the pace
While medical marijuana is legally available in 36 states and Washington DC, the fragmented nature of the industry – each state creates its own set of rules – means each market grows at a different rate. The new quarterly release of the Marijuana Business Factbook presents updated profiles of each state market, highlighting the growth […]
Read More
Key New Jersey lawmaker: Legislature may try again to legalize adult-use cannabis
New Jersey lawmakers may take one last stab at legalizing recreational marijuana. “I’m not going to give up trying,” state Senate President Stephen Sweeney told NJ.com. “We’ll make one more run at it,” the Democrat told the publication. Sweeney, a longtime MJ backer, pulled the plug on the effort in May when it became obvious […]
Read More
Marijuana Business This Week: Utah selects growers, CBD comment period ends, NJ to post MMJ apps & more
Here are some notable stories and events in the cannabis industry to watch for in the coming days.
Read More
New Jersey governor signs pro-business medical cannabis expansion bill
New Jersey Gov. Phil Murphy on Tuesday signed a bill to expand the state’s medical marijuana program, a day after his administration announced plans to issue 24 additional MMJ licenses. The expansion plans will offer significant business opportunities in light of the New Jersey Legislature’s failure to legalize recreational marijuana. Rapid patient enrollment and continuing robust […]
Read More
New Jersey adds 24 medical cannabis business licenses but falls short of initial plan
New Jersey is significantly increasing the number of business licenses in its medical cannabis program, with the announcement Monday that the health department will issue up to 24 new permits. But the number – which includes four vertically integrated permits – is far fewer than the 108 licenses that the state said in June it […]
Read More
What’s next in New York and New Jersey? Marijuana business experts weigh in
Illinois became the 11th state in the nation Tuesday to legalize adult-use marijuana after Gov. J.B. Pritzker signed a recreational bill into law. The governor’s historic bill signing comes not long after New York and New Jersey both failed to legalize potential billion-dollar commercial recreational programs. What lessons were learned by the cannabis industry, and how […]
Read More
Version 2 of New Jersey medical cannabis expansion bill gains traction
A key New Jersey legislative panel advanced a new medical marijuana expansion bill that appears to at least meet Gov. Phil Murphy halfway, but it’s unclear whether Murphy will approve the measure if it passes. The Assembly Appropriations Committee passed the bill by a 9-1 vote. The measure’s rapid progress comes a week after lawmakers […]
Read More
MJBizConNEXT cannabis business takeaways: Part 1
Here are important business takeaways from the 2019 MJBizConNEXT in New Orleans.
Read More
Week in Review: MJBizConNEXT in New Orleans, OR preps for future interstate MJ potentials, NV cannabis board & more
The cannabis industry descends on New Orleans to explore emerging trends at MJBizConNEXT, Oregon lawmakers pass a bill that would empower it to make agreements with other states for the transfer of marijuana, Nevada creates a cannabis control board and says no to social use licensing for now – plus other important news from around the industry. […]
Read More
New Jersey governor wants several changes in medical cannabis bill
New Jersey Gov. Phil Murphy outlined at least five changes he’d like to see in a medical marijuana expansion bill currently under consideration by state lawmakers, including the elimination of a 6.625% sales tax within three years. The changes, according to NJ.com, provide more specifics than previously reported. In addition to eliminating the sales tax, […]
Read MoreEvent News
September Issue
The emergence of more overseas cannabis markets offers companies billions of dollars in business opportunities.Read the Issue