Recreational Marijuana News

Recreational Marijuana News

Nevada enacts plan to start adult-use marijuana sales July 1

Nevada’s marijuana regulators believe they have found a way around a judge’s order that threatens to block the state’s first recreational marijuana sales scheduled to begin next month. Gov. Brian Sandoval on Thursday signed an emergency regulation intended to allow rec sales to start July 1 at some existing medical dispensaries. Under the regulation, any […]

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Vermont adult-use cannabis legalization bill stalls in legislature

The Vermont state House of Representatives has blocked consideration of a bill to legalize recreational marijuana in the state. Lawmakers in the House refused to take up the bill late Wednesday during a special veto session. The measure won approval in the Senate on a voice vote earlier in the day, and Senate negotiators said they […]

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4 Reno MMJ dispensaries could be first in NV to sell rec marijuana

The Reno City Council approved recreational marijuana business licenses for four MMJ dispensaries, positioning them to become the first in Nevada to start selling adult-use cannabis. Thanks to a decision by Nevada regulators, existing MMJ dispensaries are allowed to participate in an early rollout of  recreational sales as soon as July 1 – as long […]

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CA lawmakers approve merger of rec, MMJ regulatory systems

The California legislature approved a state budget plan that includes a proposal from Gov. Jerry Brown to merge the regulatory systems for both medical and recreational marijuana businesses. The implications of the move are enormous for cannabis companies. But from the simplest viewpoint, the biggest impact is that the new system will allow California marijuana […]

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Denver businesses losing interest in onsite cannabis consumption

Nearly all the businesses that had expressed interest in taking advantage of a new voter-approved initiative to allow onsite cannabis consumption say the initial regulations governing the issue are too burdensome. And that means the city’s social use plan may be for naught. One of the campaign directors for Denver’s Initiative 300, which city voters approved […]

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Week in Review: Vermont’s MMJ expansion, cannabis standards & Sessions’ warning

By John Schroyer and Bart Schaneman Vermont adds dispensaries and qualifying conditions to its medical marijuana program, two standards organizations begin work on the cannabis sector, and U.S. Attorney General Jeff Sessions tries to strip MMJ protections. Here’s a closer look at some notable developments in the marijuana industry over the past week.

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Massachusetts’ recreational marijuana bill causing concern

A sharply divided legislative committee in Massachusetts voted Wednesday to advance a bill calling for major changes to the voter-approved recreational marijuana law, including higher taxes on retail sales and handing more control over cannabis shops to municipal officials. Some lawmakers suggested that as currently written, the proposal would give Massachusetts the highest tax among the eight […]

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Ex-Mexico president calls for NAFTA-like international MJ trade

Former Mexican President Vicente Fox called for cannabis to be included in international deals such as the North American Free Trade Agreement (NAFTA). Speaking to reporters Tuesday before delivering a keynote address at the National Cannabis Industry Association conference in Oakland, California, Fox predicted the rise of a legal Mexican marijuana market that will lead […]

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Study: California rec marijuana sales to surpass $5B annually

California’s looming legal recreational marijuana market eventually will total more than $5 billion in annual sales, but the black market will continue to provide substantial competition, according to a study by the University of California Agricultural Issues Center.

Contracted by the the state’s Bureau of Marijuana Control, the study mirrors Marijuana Business Daily’s projection in May that California’s legal rec industry eventually will generate $4.5 billion-$5 billion in annual retail sales.

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Los Angeles releases draft regulations for marijuana industry

The city of Los Angeles released a much-anticipated draft of recreational and medical marijuana business regulations, though much of the rulemaking must still be completed in coming months. “The release of this draft ordinance is a crucial step in the city’s effort to prepare for the Jan. 1 statewide legalization of cannabis and, more specifically, […]

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