Marijuana Legalization and Regulatory News for Cannabis Businesses


Week in Review: Coronavirus’ effects on marijuana firms, Tilray plans $90M raise, Maine aims to tackle illicit MJ & more

Marijuana retailers, vape product suppliers and MJ industry conferences and trade shows?are among the cannabis businesses dealing with challenges related to coronavirus. MJBizDaily takeaway: On the supply side, businesses that rely on cannabis vape products sourced from China are feeling the strain, as are manufacturers that use Chinese companies to provide packaging.?But many are looking […]

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Alabama Senate passes medical cannabis bill

The Alabama Senate on Thursday passed a medical marijuana bill that would license 34 dispensaries across the state. The bill also would?permit people with a doctor’s recommendation to use MMJ for 15 conditions. In addition, the measure allows medical cannabis in forms such as pills, skin patches and creams but not in smoking or vaping […]

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Large cannabis operators positioned to dominate potential Arizona recreational cannabis market, shut out small businesses

Arizona’s fast-growing, roughly $750 million a year?medical marijuana market was fortified by multistate operators (MSOs) that moved into the market and invigorated lackluster operations, cannabis experts say. And now an even bigger potential prize looms: A recreational cannabis market that the state’s voters could legalize in November. But some experts worry that the industry-backed?recreational cannabis […]

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US House panel approves medical marijuana bills to help veterans

A key U.S. House committee on Thursday advanced a bill that would increase access to state-legal medical cannabis for military veterans, which could increase MMJ sales. The House Veterans’ Affairs Committee approved the bill, the Veterans Equal Access Act, by a 15-11 vote. The bill specifically would allow VA doctors to provide medical marijuana recommendations […]

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South Dakota tribe votes to legalize cannabis on reservation

Members of an American Indian tribe in South Dakota voted to legalize medical and recreational marijuana on their reservation, according to preliminary results from the Oglala Sioux’s election commission. The results of Tuesday’s referendum to allow MJ sales on the Pine Ridge Reservation will be certified next week. Voters approved medical marijuana by an 82% […]

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California legislative roundup: Are tax shifts on the way for the state’s cannabis industry?

The 2020 California legislative session began in January, and marijuana industry insiders say what happens by time it concludes?could be make-or-break for the state’s legal MJ industry as it deals with ongoing challenges around taxes, the illicit market and?local municipality restrictions on cannabis firms. The dominant topic on the minds of California cannabis businesses is […]

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Maine marijuana unit would target illegal market

A proposed new division of the Maine Drug Enforcement agency would focus on shutting down the illicit marijuana market that competes with state-licensed MJ growers, processors and retailers. The four-person unit would be funded each year with $649,000 in revenue from marijuana taxes and licensing fees, according to the Portland Press Herald. The unit would […]

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South Dakota tribe voting on marijuana legalization

Oglala Sioux Tribe members?will vote Tuesday on whether to legalize medical and recreational cannabis on the Pine Ridge Reservation in South Dakota. If the vote passes, the tribe would be the first in the U.S. to sell marijuana in a state where it is otherwise illegal. Because neither South Dakota nor nearby Wyoming and Nebraska […]

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Cannabis firm BR Brands plans $43 million deal for Denver’s Dixie Brands

Connecticut-based marijuana firm BR Brands on Monday announced it will merge with Dixie Brands, a Denver manufacturer of cannabis-infused products and a consumer packaged goods company, in a $43 million reverse takeover. Under the terms of the transaction, BR Brands will own 80% of the merged company and Dixie shareholders will possess the remaining 20%. […]

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Week in Review: UN delays cannabis vote, marijuana events keep eye on coronavirus, another MJ business founder steps down

This week’s United Nations Commission on Narcotic Drugs (CND) meeting in Vienna indicated the division among nations over the World Health Organization’s cannabis scheduling recommendations. The CND pushed back a vote to December and declined to immediately take up voting on recommendations that would have far-reaching implications for the global cannabis industry. MJBizDaily takeaway: The […]

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Rhode Island poised to triple number of medical marijuana dispensaries

Rhode Island regulators are expected in the coming weeks to announce the licensing application period for?six new medical cannabis dispensaries. The new licenses awarded by the Department of Business Regulations will be assigned using a lottery system, according to Providence TV station WPRI. Currently, Rhode Island has only three operating dispensaries, called compassion centers in […]

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