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2019 could be a big year for marijuana reform in Congress

The U.S. Congress always has been slow to act, but that’s been especially true for marijuana reform, which has been a stigmatized issue for decades.

As a result, cannabis companies have been waiting and hoping for years that Congress will take action to guarantee banking access to law-abiding marijuana businesses and ease the excessive tax burden from 280E.

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If these Northeast states legalize adult-use marijuana, they could generate billions of dollars in sales

The legalization of recreational marijuana appears poised to sweep across the Northeast, which could result in billions of dollars of business opportunities over the next few years in a densely populated region of the nation. “Now that there’s (retail marijuana) stores in Massachusetts, we are really starting to see the dominoes fall,” said Matt Schweich, […]

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Cannabis firms in M&A hunt look beyond Canada for growth

Canadian medical cannabis companies are increasingly looking internationally for acquisitions to tap growth while consolidation in the country’s marijuana sector continues to steam ahead. Last year, 140 U.S. cannabis companies were targets of mergers and acquisitions, a substantial increase over 2017’s 86, according to data compiled by Viridian Capital Advisors and shared with Marijuana Business […]

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Compliance costs, lost market share could take toll on cannabis edibles firms under new Washington state rules

A Washington state marijuana trade association is warning regulators that new packaging, labeling and product design rules for cannabis-infused edibles and beverages might decimate edibles manufacturers’ bottom line. According to experts, the cost for some businesses to comply could be $100,000, and that doesn’t include lost revenue for manufacturers who have kept new products off […]

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Overseeing half a decade of legal cannabis: Q&A with Denver marijuana czar Ashley Kilroy

Ashley Kilroy has overseen Denver’s recreational cannabis industry since Colorado launched adult-use sales in 2014. As director of Denver’s Department of Excise and Licenses and the agency’s Office of Marijuana Policy, Kilroy has seen cannabis business owners experience growing pains as the industry has matured. “Being first wasn’t easy,” she said. “We’re proud of what we […]

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