New Jersey Medical Cannabis Business & Marijuana Legal News

Cannabis business experts at MJBizCon discuss shifting regulatory climates, cultivation practices, vape issues & more

LAS VEGAS – Panelists at MJBizCon in Las Vegas this week took on various complicated issues swirling around the marijuana industry, including regulatory changes occurring in many states, best practices for indoor MJ cultivation, the vape health crisis and more. Assessing regulatory challenges in new markets According to a panel of marijuana industry experts at […]

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MJBizCon 2019 panelists shine spotlight on new and evolving US and global cannabis business opportunities

LAS VEGAS – How might the Canadian cannabis market fare in 2020? What will happen with the SAFE Banking Act in the U.S. Congress? How are U.S. cannabis operators complying with marijuana regulations across multiple states? Those issues and others were among the many U.S. and international cannabis business topics tackled during the second day […]

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MJBizCon 2019: Cannabis industry recognizes year’s challenges as it looks forward to longer-term growth

LAS VEGAS – Members of the cannabis industry’s brain trust used the first day of MJBizCon to share predictions for 2020 and describe how changing attitudes in the United States might affect future marijuana legalization efforts – plus more coverage from this week’s conference in Las Vegas. In his keynote presentation Wednesday, Chris Walsh, president and […]

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Week in Review: Mexico moves toward recreational cannabis legalization, vape firm Pax cuts jobs, Northeast govs huddle & more

Mexico prepares to become the most populous nation in the world to legalize adult-use marijuana, vape company Pax cuts 25% of its workforce, governors of Northeast states consider working together to legalize recreational MJ – and more of the week’s top cannabis business news. Mexico prepares to legalize recreational cannabis Mexico’s Senate is ready to receive a […]

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Experts weigh in on prospects for regional cannabis coordination among US Northeast governors

Democratic governors from five states in the Northeast last week agreed on core principles for a legal recreational marijuana industry across the region. The idea is that there would be uniform standards for market regulation, including: Licensing. Taxation. Minority participation. Small-business participation. THC potency. But how realistic is it that the Northeast could, in effect, become […]

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Buying cannabis licenses on secondary market more of a sure bet than applying for state business permits

As the marijuana industry matures and companies expand, many smaller, original growers and retailers are putting their licenses up for sale through the secondary market – much like selling a house. The growing trend is giving cannabis entrepreneurs a new avenue to secure a valuable business permit versus going through the state application process, which […]

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Pennsylvania governor says he’s ready to legalize recreational cannabis

Pennsylvania Gov. Tom Wolf is now in favor of legalizing marijuana for recreational use, which, if his efforts are successful, could potentially create a $1 billion-plus adult-use market in the state of 12 million people. Wolf says that that most of the state’s residents support it. He added that the state has a wealth of […]

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NY governor wants Northeast region to work together on recreational marijuana, vaping

New York Gov. Andrew Cuomo is urging neighboring states to work together on future recreational cannabis policies – a move that could potentially create a more level playing field for marijuana businesses in adjoining states if adult use is approved. The Democratic governor also wants states near New York to work together on vaping regulations. […]

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New Jersey cannabis trade group investigating itself

The New Jersey Cannabis Industry Association (NJCIA) paid $7,500 to an outside consultant to investigate potential “ethical concerns” within its own operations. NJ.com reported that a three-member subcommittee recommended hiring an “independent, outside professional” to present its investigation to the full board. The specific allegations were not mentioned in a letter from the subcommittee, but […]

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How state cannabis regulatory agencies across the US have responded to the vaping health crisis

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 […]

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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 […]

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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 […]

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