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Featured Articles
American Council of Cannabis Medicine Announces – Launch of Pennsylvania Advocacy Initiatives Including Work to Approve Delivery
Today, the American Council of Cannabis Medicine (ACCM) announced that Pennsylvania is fully opening up for historic Yes We Cann! Advocacy initiative, and state-centric Elevated States program this week. “ACCM is thrilled to bring the full Yes We Cann! and Elevated...
CannTrust Completes CAD $17 million Financing, Exits CCAA
CannTrust Holdings Inc. (the “Company”) (unlisted) today announced that its subsidiary, CannTrust Equity Inc. (“CannTrust Equity”), has completed its previously announced financing for aggregate cash proceeds of approximately CAD $17 million, as approved by the...
THC Restriction Bill On Virginia Governor’s Desk Would Harm Hemp Industry, Advocates Say
The General Assembly failed at finding a path to starting recreational marijuana sales this year, but a bill outlining stricter regulations for retailers selling what one lawmaker called “juiced-up” synthetic products made its way through the legislature last...
Georgia House And Senate Pass Differing Medical Marijuana Bills To Jumpstart Stalled Program
Some long-awaited relief through cannabis oil could be in sight for some Georgians with serious health conditions. State House lawmakers approved a do-over of the state’s medical-marijuana program, which has been stalled in court. The measure passed 169-5 Tuesday, and...
New York Lawmakers Seek Tax Deductions For Marijuana Businesses In Budget Proposals, Despite Federal Ban
New York legislative leaders have filed budget proposals that include language to let marijuana businesses take state tax deductions that are available to other industries despite an ongoing federal ban. Both the Assembly and Senate budget measures that are expected...
Rhode Island Senate Committee Discusses Marijuana Legalization Bill, With Advocates Urging Equity Revision
A Rhode Island Senate committee on Tuesday held the first hearing on a much-anticipated bill to legalize marijuana in the state. But while activists are eager to end cannabis criminalization, the measure faced pushback over a key provision concerning the proposed...
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Maine’s recreational marijuana market had a healthy start in 2021, but growth could be limited
Maine’s new recreational marijuana market posted more than $70 million in sales in its first full year, a start that some in the industry thought would be more robust but that they nonetheless characterized as satisfactory. Growers and retailers are hoping a new year bring more expansion for the industry as stores open in more communities and prices drop, but a number of factors are likely to limit that growth. These include a federal prohibition on marijuana that limits marijuana businesses’ use of banks and a still small number of communities that allow sales. There are also concerns that some areas of Maine have already become oversaturated with marijuana shops, and there’s no evidence the black market for marijuana has dissipated. Matt Hawes, co-owner of Brothers Cannabis in Bangor, said Maine’s recreational marijuana market had a “healthy” beginning. The fact that marijuana is now available for all Mainers 21 and older is an accomplishment in itself, he said.
Mmp News Author, Medical Marijuana Program Connection, 12/29/2021 04:16:00
Reeves favors medical marijuana legislation with a lesser amount dispensed to patients
If the Mississippi Legislature can formulate a medical marijuana bill that limits how much of the medicine a patient can receive in one day, Gov. Tate Reeves said he will sign it. In a lengthy post on his official Facebook page Tuesday afternoon, the governor said he would sign legislation that presents “reasonable restrictions” that will ensure legalization won’t affect the state’s economy and helps those residents “who truly need it for an illness.” In the post, Reeves said he has “repeatedly” told elected representation he is willing to sign a “bill that is truly medical marijuana,” provided any legalization would contain “reasonable restrictions” that would prevent the drug from disrupting families. Initiative 65, which also featured Alternative 65A, featured two pieces of legislation that were on the ballot in 2020 and were approved by voters, but the state Supreme Court, according to BallotPedia, ruled the initiative invalid due to it not conforming with the state’s requirements for signatures needed to put it on the ballot. The City of Madison filed suit against Mississippi Secretary of State Michael Watson on Oct. 26, 2020, asking the court to rule the measure be invalidated and not count any votes from the election that year.
Mmp News Author, Medical Marijuana Program Connection, 12/28/2021 19:02:00
New rules now in effect for New Mexico marijuana industry
The New Mexico Regulation and Licensing Department’s Cannabis Control Division made the announcement Tuesday, saying the rules allow the division to continue streamlining the process for cannabis businesses to get licensed as the state moves toward recreational sales over the coming months. Under legislation passed earlier this year, the rules needed to be in place by Jan. 1. Sales are expected to start by April 1. More than 300 applications for licenses across all sectors of the cannabis industry have been submitted so far, according to the Cannabis Control Division. Each one is being reviewed.“Every day brings us closer to the first adult-use cannabis sales in New Mexico,” Division Director Kristen Thomson said, adding that “businesses and consumers can be confident that all necessary support and protection is in place to ensure a thriving cannabis industry in our state.” The rules that took effect Tuesday include final manufacturing requirements that replace emergency rules that were adopted in the fall to protect workers and improve workplace safety
Mmp News Author, Medical Marijuana Program Connection, 12/29/2021 02:11:00
Open article: https://mmpconnect.com/new-rules-now-in-effect-for-new-mexico-marijuana-industry/
Wisconsin Governor Grants Marijuana And Drug-Related Pardons, Setting State Clemency Record
The governor of Wisconsin announced on Tuesday that he granted 30 pardons, primarily to people convicted of non-violent marijuana or other drug offenses. This raises the total number of pardons issued so far by Gov. Tony Evers (D) to 337 during his first three years in office, the most granted by a governor in the state’s history at this point into a first term. Advocates have been urging state and federal executives to exercise this type of authority, particularly for cannabis cases as more jurisdictions enact legalization. “I’m proud of our work to give a second chance to folks who’ve made amends and paid their debt to society,” Evers said in a press release. “These individuals have recognized and acknowledged their past mistakes, and this sends a powerful message of redemption as each of them work to build a brighter, better future for themselves and their communities.” Of the 30 cases pardoned on Tuesday, 21 of them were related to the sale or possession of a controlled substance.
Kyle Jaeger, Marijuana Moment, 12/28/2021 11:16:00
Mississippi Governor Suggests He’ll Veto Medical Marijuana Bill If Lawmakers Don’t Reduce Purchase Limit
The governor of Mississippi is hinting he might veto a medical marijuana bill that lawmakers have been negotiating unless they sharply reduce the amount of cannabis it would allow patients to purchase. Gov. Tate Reeves (R) said in a Facebook post on Tuesday that he feels that 3.5 grams per day per patient is too much, and the legislature should “simply cut that amount in half to start the program” and reassess after several years if more is needed. The governor’s demand is the latest headache for legislators as they try to enact a medical cannabis program in line with what voters approved in 2020 before the state’s highest court’s invalidated the initiative for procedural reasons. “I’ve repeatedly told the members of the Legislature that I am willing to sign a bill that is truly medical marijuana,” Reeves wrote. “One that has reasonable restrictions to ensure that it doesn’t have an adverse effect on Mississippi’s economy. One that has reasonable restrictions to ensure that it doesn’t disrupt Mississippi families. A program that helps those Mississippians who truly need it for an illness.”
Kyle Jaeger, Marijuana Moment, 12/28/2021 13:27:00
New Hampshire Lawmakers File Multiple Marijuana Legalization Bills Ahead Of 2022 Session
New Hampshire lawmakers are getting ready for a busy legislative session when it comes to marijuana policy, with several legalization proposals being unveiled in recent days—including one from a key Republican committee chairman and other leaders. At least six measures to legalize cannabis for adult use have been pre-filed for 2022 in the Granite State. Three of those seeking to put the question of reform directly before voters on next year’s ballot. One of the more notable proposals that’s already received some pushback from advocates is being sponsored by Rep. Daryl Abbas (R), the chairman of the House Criminal Justice and Public Safety who has opposed past marijuana reform bills but says he’d be open to the policy change if it’s done “correctly” in his view. That legislation, HB 1598, would allow adults 21 and older to purchase and possess up to four ounces of cannabis from state-run dispensaries operated by the New Hampshire Liquor Commission. Home cultivation would continue to be criminalized—one of the chief complaints from activists. Another concern for advocates is the lack of social equity provisions like expunging prior cannabis convictions. In fact, having a state or federal felony conviction related to a controlled substance disqualifies people from working in the industry under the bill.
Kyle Jaeger, Marijuana Moment, 12/28/2021 08:39:00
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How Men And Women Are Using Cannabis, According To New Survey
The findings include a strong preference by men for cannabis flowers over edibles, while women are more neutral. By Jelena Martinovic Healthcare technology company Veriheal announced findings from its annual Medical Cannabis Preference Report, a segmented survey of...
New York State agencies haven’t touched millions sitting in medical marijuana funds
New York State agencies haven’t touched millions sitting in medical marijuana funds. An NYCI investigation has found that two New York State agencies are sitting on millions of dollars collected from medical marijuana taxes, but neither has spent the money — despite a...
California Might Legalize Interstate Cannabis Sales
A few weeks ago, California lawmakers quietly introduced SB-1326, a bill that would amend the Medicinal and Adult-Use Cannabis Regulation and Safety Act (MAUCRSA) to legalize interstate cannabis sales, notwithstanding the status of federal law. Specifically, SB-1326...
This Cannabis Fund Is Behind Some of the Biggest Ancillary Players in the Industry
Exclusive Interview with Casa Verde Capital Managing Partner Karan Wadhera Casa Verde Capital has been funding cannabis companies for six years. The firm has a lot of name recognition, thanks in part to its relationship with Snoop Dogg, and it has backed some major...
Sioux Falls cannabis company to open county’s 1st marijuana dispensary
Ten years ago, Emmet Reistroffer was standing in front of the Minnehaha County Administration building petitioning for medical cannabis. Now, as COO of Genesis Farms LLC, Reistroffer is celebrating the beginning stages of bringing Minnehaha County its first medical...
State Treasurers Discuss Marijuana Banking Challenges At Annual Conference With Congressional Officials
State treasures from across the U.S. participated in a panel on Tuesday that focused on federal marijuana banking reform as part of a three-day conference organized by the National Association of State Treasurers (NAST) that was attended by stakeholders and...
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