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Paperwork is holding up California’s marijuana industry

Paperwork is holding up California’s marijuana industry

by InfluencER | Oct 8, 2021 | Politics and Law

As thousands of provisional marijuana license holders in California struggle to secure a full annual license, the state is kicking in $100 million to help cities and counties to address the backlog. California voters in 2016 voted to legalize the sale of adult-use...
New Jersey: CanaFarma execs face multiple counts of securities fraud and wire fraud.

New Jersey: CanaFarma execs face multiple counts of securities fraud and wire fraud.

by InfluencER | Oct 8, 2021 | Politics and Law

In a federal indictment unsealed Tuesday, a pair of executives for New Jersey cannabis company CanaFarma Corp. are accused of defrauding investors out of at least $4 million. Vitaly Fargesen, CanaFarma senior vice president of strategic planning, and Igor Palatnik,...
California Governor Signs Bill Legalizing Smokable Hemp And Sale Of CBD-Infused Foods And Drinks

California Governor Signs Bill Legalizing Smokable Hemp And Sale Of CBD-Infused Foods And Drinks

by InfluencER | Oct 7, 2021 | Politics and Law

California Gov. Gavin Newsom (D) on Wednesday signed a bill that stands to dramatically expand the state’s hemp industry by legalizing retail sales of a wide range of consumable products derived from the plant. Until now, the lack of explicit regulations has inhibited...
Federal Financial Regulator Urges Congress To Act On Marijuana Banking Ahead Of Inevitable Legalization

Federal Financial Regulator Urges Congress To Act On Marijuana Banking Ahead Of Inevitable Legalization

by InfluencER | Oct 7, 2021 | Politics and Law

The evolution of the legal marijuana industry over the last decade is among the most striking social and cultural changes in recent memory. After decades of prohibition, today 36 states have legalized marijuana use for medical purposes, with 18 states permitting...
Massachusetts permits hemp sales by marijuana retailers

Massachusetts permits hemp sales by marijuana retailers

by InfluencER | Oct 7, 2021 | Politics and Law

Hemp growers in Massachusetts can now sell hemp extracts and smokable flowers to the state’s more than 200 licensed marijuana retailers, a move that should allow MJ stores to serve a wider selection of consumers. A new rule that took effect Monday gives Massachusetts...
Arkansas’s increased cannabis production won’t solve the industry’s affordability issue

Arkansas’s increased cannabis production won’t solve the industry’s affordability issue

by InfluencER | Oct 7, 2021 | Politics and Law

On Oct. 1, the opening of River Valley Relief Cultivation on Old Greenwood Road will give the River Valley its first medical marijuana growing facility.  Scott Hardin, director of communications for the Arkansas Department of Finance and Administration, said Amendment...
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