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California cannabis regulators’ fraud case against testing lab unravels
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Chart: Retail marijuana sales surpass Fortnite video game, closing in on Taco Bell, NFL
With revenue of $8.6 billion-$10 billion, 2018 sales of legal recreational and medical cannabis in the United States topped spending on e-cigarettes, the Fortnite video game and Goldfish crackers combined.…
News June 4
Federal appeals court to DEA: Reconsider marijuana’s Schedule 1 status
A federal appeals court in New York told the U.S. Drug Enforcement Administration (DEA) to “promptly” reconsider its classification of cannabis as a Schedule 1 drug. While it’s unclear whether the…
News June 3
Cannabis banking protections provided in congressional spending bill
Banks that serve lawful marijuana businesses would be protected from a crackdown by financial regulators such as the U.S. Department of Treasury under a provision in a draft congressional spending…
News June 3
Washington state warns marijuana firms to follow rules when sending text ads
Washington state regulators advised cannabis businesses to follow regulations that provide warnings when sending out text messages as advertisements, just as with any other marijuana ad. The Washington State Liquor…
News June 3
Alabama lawmakers OK panel to study medical cannabis legalization
Alabama lawmakers voted to create a medical marijuana commission that will make recommendations for a bill they might consider in the 2020 legislative session. The measure was a compromise after…
News June 3
Louisiana Senate votes against medical marijuana inhaler provision
Louisiana lawmakers rejected a provision that would let medical cannabis patients use inhalers, which could have provided some additional sales opportunities for MMJ businesses in the state. The Louisiana House had…
News June 3
Massachusetts regulators agree to take hard look at cannabis social use sites
In a move that could eventually open new marijuana business opportunities, the Massachusetts Cannabis Control Commission narrowly agreed with a working group’s recommendations that the state should further explore licensing social…
News June 3
New Jersey to greatly expand medical marijuana program with up to 108 new licenses
New Jersey on Monday announced a plan to issue up to 108 additional medical marijuana licenses, an exponential increase that would significantly boost business opportunities in the once highly restricted program.…
News June 3
Oklahoma health regulators to begin inspecting medical cannabis businesses
The Oklahoma health department will begin inspecting manufacturers and dispensaries that produce or sell food and beverage products infused with CBD and medical marijuana. Those businesses are required to have…
News June 3
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