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Chart of the Week: California marijuana business licenses expiring at a rapid clip

California’s cannabis industry is facing a licensing quandary, which state legislation likely will address, but the situation could still prove problematic for businesses that want to comply with the law instead of joining the illicit market. The problem: Thousands of temporary business licenses – under which most of the legal MJ supply chain has operated since […]

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Seattle law firm sues US government over marijuana industry border bans

A Washington state law firm is suing the U.S. government in an attempt to gain “immediate” access to records it hopes will shed light on why some foreign nationals – particularly Canadians – have been denied entry to the United States because of their involvement in the legal cannabis industry. The suit targeting the U.S. […]

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Colorado may soon allow its $1.5B marijuana industry to open to outside investors & more of the week’s top news (SLIDESHOW)

Colorado looks close to welcoming a surge of outside investors and capital to its marijuana markets, Hawaii kicks off a program allowing qualified visitors to purchase medical marijuana, bills pending before the California Legislature could mean the state’s cannabis industry might see another tumultuous year of changes – plus other important news from around the MJ space.

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Industry experts: Federal marijuana reform an uphill battle, but odds brighten for veterans’ access to MMJ, banking

Is federal marijuana reform on the near-term horizon? Some cannabis industry officials believe so. They point to strong public support for legalization, an increasing number of state-legal marijuana programs and the U.S. House flipping to the Democrats last November. But federal reform – which could open up billions of dollars of cannabis business opportunities – remains […]

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Chart: Farmer and rancher perceptions of cannabis reflect nationwide acceptance

As cannabis becomes more mainstream, there’s increasing acceptance of growing and using the plant – even among conventional farmers and ranchers. In a recent Farm Journal survey, respondents said they were more comfortable with CBD and medical applications of cannabis than THC and recreational applications. Survey respondents also were more agreeable to growing than consuming […]

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Colorado appears ready to open cannabis markets to outside investors

Colorado’s $1.5 billion-a-year marijuana industry appears on the threshold of opening its recreational and medical markets to a potential rush of outside investors and capital, almost a year after former Gov. John Hickenlooper shot down similar legislation. Bipartisan legislation that would allow publicly held companies to both invest in and hold marijuana licenses in Colorado […]

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