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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…
News June 16Nevada firm picked to run LSU’s medical marijuana program
Louisiana State University selected GB Sciences, a Nevada-based marijuana company, to operate the school’s medical marijuana program, one of two in the state. Under the arrangement, GB Sciences is required to…
News June 16Denver 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.…
News June 16Week 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…
News June 16Self-regulatory group forms to set voluntary marijuana standards
As the marijuana sector continues to try to find its way without established standards, a new group has arrived to help guide the industry toward more mainstream practices. Specifically, the National…
News June 15Los Angeles cannabis stakeholders join forces to influence regulations
In response to Los Angeles’ issuance of draft regulations for marijuana businesses, three organizations are joining forces to lobby for “comprehensive and equitable” industry rules. The United Food and Commercial…
News June 15Rhode Island gov wants to triple medical marijuana dispensaries
Rhode Island’s governor has called for an increase in medical marijuana dispensaries in the state and a hike in licensing fees to generate another $1.5 million in revenue. Democratic Gov.…
News June 15Cannabis attorney expects court decision on 280E by ‘end of year’
A potentially game-changing decision by the U.S. Tax Court on the applicability of 280E to the cannabis industry has been delayed, but the attorney who tried the case expects a…
News June 15Analysts: High Times sale could buoy cannabis industry
By Omar Sacirbey The marijuana industry can expect higher valuations, more capital injections and increased merger and acquisition activity after the sale of High Times and the iconic magazine's Cannabis Cup. That’s…
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