Recreational Marijuana News

Alaska eyes new tax tier for cannabis cultivators in face of black-market demand

Alaska’s Department of Revenue is mulling a third tax tier for cannabis cultivators in an apparent bid to make the state’s legal marijuana prices more competitive with the black market. That’s according to Ken Alper, director of the state’s tax division, who was speaking at Alaska’s Marijuana Control Board on Wednesday. Here are the basics […]

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Vermont medical marijuana patient count plateaus; some blame recreational MJ

Vermont’s medical cannabis patient registry growth has plateaued in recent months at roughly 6,000, and it’s not showing any signs of picking back up any time soon. The change may stem from the state’s legalization of recreational marijuana consumption come July 1, the Burlington Free Press reported. It isn’t a good sign for Vermont’s MMJ […]

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Colorado gov’s veto could drive marijuana businesses out of state, officials warn

After Colorado Gov. John Hickenlooper quashed a bill that would have allowed publicly traded companies to invest in the state’s marijuana industry, local cannabis companies are threatening to move to other states.

Cannabis industry representatives joined state lawmakers and patient advocates at a news conference Thursday to voice their displeasure with the governor’s vetoes of three marijuana-related bills the industry supported, the Denver Business Journal reported.

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California regulatory reversal: New marijuana delivery rules highlight Eaze’s political pull

New cannabis rules in California released Tuesday highlight again how fractious the state’s industry remains. The regulations also put the spotlight on the political influence wielded by a technology company that isn’t governed by the rules it has been lobbying to change. Several cannabis industry insiders say the updated regulations – issued by the state […]

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California initiates insurance program for marijuana businesses

California rolled out an insurance program for licensed cannabis companies that’s designed to deliver much-needed coverage to many marijuana businesses that have had a hard time obtaining it. The program, called the Cannabis Business Owners Policy (CannaBOP), is an avenue for MJ companies to obtain property and liability coverage, according to a news release. CannaBOP, introduced Monday, […]

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Week in Review: California assails unregulated marijuana, Oregon halts licensing & Michigan’s MMJ travails

California gets federal money to combat unregulated marijuana growers, Oregon suspends its cannabis licensing process in the face of a product glut, and Michigan extends a medical MJ permitting deadline. Here’s a closer look at some notable developments in the cannabis industry over the past week. Federal ‘Trojan horse’? A cannabis industry insider is suspicious […]

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Feds team with California officials to combat illegal cannabis grows

One of California’s U.S. attorneys is joining forces with the state attorney general in a renewed effort to crack down on illegal cannabis growers while allowing licensed marijuana companies to continue doing business as usual. McGregor Scott, the U.S. attorney for the eastern district of California, announced this week that his office will be bringing […]

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California marijuana vape pen maker to expand into Nevada

The interstate expansion race continues in the cannabis industry, with the latest participant being California-based Bloom Farms, a longtime vape pen and cartridge maker. The Oakland company has expanded into the Nevada market and is already selling product in nine different retail locations in Las Vegas, Reno, the Lake Tahoe area and Carson City, according […]

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