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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.…
News June 1Provincial Preview: Newfoundland’s cannabis entrepreneurs temper expectations
Entrepreneurs are tempering their once sky-high expectations to capitalize on Newfoundland’s regulated cannabis sector. The province is the only place east of Manitoba where privately owned businesses will be allowed to…
News June 1Oregon to suspend processing of new recreational cannabis licenses
In response to Oregon’s oversupplied recreational marijuana market and a backlog of applications, state regulators will temporarily discontinue processing new adult-use licenses effective June 15. Marijuana businesses in Oregon have…
News May 31Major Canadian bank expands focus on marijuana sector
After years of keeping the sector at arm's length, some of Canada’s largest financial institutions are warming to the cannabis industry, including Bank of Montreal (BMO), which initiated research coverage…
News May 31142 people charged in Los Angeles crackdown on illegal cannabis businesses
Prosecutors have brought the first criminal charges against 142 people as they aim to tamp down the illegal marijuana market in Los Angeles after the state legalized recreational use in…
News May 31New Jersey health official lobbies docs to recommend medical marijuana
New Jersey’s health commissioner suggested the state’s 28,000 registered physicians should give medical marijuana more of a chance, a move apparently aimed at ensuring the state has enough physicians to accommodate…
News May 31Denver rejects cannabis spa: It’s 19 feet too close to child care center
Denver city officials rejected a would-be “cannabis spa and lounge” because it would have been 19 feet too close to a child care center. The decision reflects how unbending Denver’s…
News May 31Michigan extends medical marijuana license deadline by three months
Michigan extended the deadline for medical marijuana licenses by three months, until Sept. 15, providing relief to businesses that have been waiting to receive approvals under a new regulatory regime.…
News May 31Feds 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…
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