Political support for reforming federal cannabis laws appears to be snowballing: Senate Majority Leader Mitch McConnell, Senate Minority Leader Chuck Schumer, President Donald Trump and former House Speaker John Boehner all recently signaled varying levels of support. In short, a variety of pro-cannabis bills – from hemp legalization and tax reform to granting MJ businesses […]Read More
The National Cannabis Industry Association and its executive director, Aaron Smith, are at a crossroads. The coming months could prove pivotal.
To be sure, NCIA has racked up many successes along the way and can now boast of having its highest membership total ever.
It posted record revenue last year, and the number of cannabis businesses joining Denver-based NCIA continues to grow.
But critics of Smith and NCIA – including a growing number of veteran industry leaders – say the organization needs fresh leadership and a new direction.Read More
Pennsylvania’s medical cannabis dispensaries get the OK to sell flower for vaping, Oregon’s marijuana glut is hurting the state’s smaller growers, and MassRoots reveals that its losses widened to $44 million in 2017. Here’s a closer look at some notable developments in the marijuana industry over the past week. Positive in Pennsylvania The announcement that […]Read More
The unofficial marijuana holiday of April 20 – known to cannabis enthusiasts as 4/20 – annually brings a big boost in sales for retailers across the industry – and pressure to live up to customer expectations, both for great deals and good times. “It’s almost like Black Friday, where people are waiting at the door […]Read More
It’s shaping up to be a watershed summer for the cannabis industry with the U.S. Food and Drug Administration poised to approve the first drug made from the plant.
The agency’s impending decision on Epidiolex, an epilepsy treatment made of CBD extracted from cannabis flower, could upend decades of government insistence that the plant has no medicinal value.Read More
U.S. Rep. Tom Garrett isn’t the most likely congressional member to embrace federal marijuana reform. The first-term Republican is from a state – Virginia – that has yet to legalize medical marijuana, although its laws provide protections for people who use cannabidiol oils for medical conditions. Why did Garrett introduce the “Ending Federal Marijuana Prohibition Act […]Read More
Cannabis business owners increasingly must confront a workplace reality that mainstream companies have faced for generations: organized labor.
Front and center is the United Food and Commercial Workers union, which is aggressively seeking cannabis workers to join its ranks.Read More
With summer looming, marijuana growers from California to Massachusetts will confront untried regulations and potentially greater enforcement of water-related rules. The development is likely to spread as more states legalize cannabis, presenting MJ growers with additional regulatory oversight and costs. State and local water officials in California – where regulators and growers are trying a […]Read More
Wana Brands, a high-profile Colorado edibles maker, has been sued for allegedly stealing confidential business information from a marijuana company that says it was duped into believing it would be acquired. LP Capital, a Colorado extraction company that makes MJ-concentrated vape cartridges, claims in a lawsuit it suffered more than $5 million in damages from lost revenue […]Read More
Minnesota has been among the most restrictive medical marijuana markets in the United States for years, with only two licensed producers serving all registered MMJ patients, a ban on edibles and cannabis flower and a narrow qualifying conditions list. Those factors add up to a small patient pool and questions about whether Minnesota’s two vertically […]Read More
The dominoes are falling. It may be a bit too soon for the cannabis industry to pop the champagne. But after news broke Friday that President Donald Trump was committed to some sort of legislation that would protect state-legal marijuana businesses, one industry insider jokingly described it as “the beginning of the end of prohibition.” […]Read More