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Featured Articles
New York Lawmakers Just Introduced a Bunch of Cannabis Bills
As New York’s regulators work on the rules that will guide the launch of the state’s adult-use cannabis industry sometime later in 2022, lawmakers are already introducing bills that could reshape it. Nearly a dozen bills introduced in May cover everything from...
In Seattle Area, Local Legislation Creates Cannabis Safety Task Force
King County, home to Seattle, will create a Cannabis Safety Task Force in the wake of recent dispensary robberies and violence. The goal is “to develop strategies to prevent criminal activity targeting cannabis businesses and address security concerns at cannabis...
Vermont Cannabis Control Board issues 1st retail marijuana cultivation license
The Cannabis Control Board issued its first license on Monday for retail marijuana cultivation in Vermont. Officials say more licenses are in the pipeline but frustration is growing for some who are trying to plant their roots in the industry. Despite a slight delay...
Congressman Says There’s ‘Tremendous Momentum’ To Pass Marijuana Banking In Bicameral Conference On Manufacturing Bill
A key congressman involved in bicameral negotiations on a large-scale manufacturing bill says he’s optimistic about the prospects of including marijuana banking reform in the final version of the legislation that gets signed into law. Rep. Earl Blumenauer (D-OR), a...
Congressman Urges Transportation Department To Reform Marijuana Testing Policies For Drivers
U.S. Department of Transportation (DOT) policies on drug testing truckers and other commercial drivers for marijuana are unnecessarily costing people their jobs and contributing to supply chain issues, a congressman said in a letter to the head of the department on...
Marijuana Legalization More Popular In Texas Than Governor, Biden And Other Officials, New Poll Finds
Marijuana legalization is more popular in Texas than the state’s top elected officials and President Joe Biden, according to a new poll. The survey from the University of Texas at Tyler found that an overwhelmingly, bipartisan majority of Texans (83 percent) support...
Featured Articles
Kansas Medical Marijuana Bill Could Pass This Week Following Conference Announcement
A bill to legalize medical marijuana in Kansas may pass imminently, with key lawmakers from both chambers being appointed on Tuesday to a conference committee where they will be charged with hammering out the details for the reform. The path to enacting medical cannabis legalization has proved complicated this legislative session, but advocates are confident that the announcement about the bicameral conference is a firm indicator that legislators are set to act on the policy change within days. A medical marijuana legalization bill that passed the House last year stalled in the Senate earlier this session. Then, a separate Senate bill was discussed in several committee hearings last month as lawmakers worked to find common ground. The latest development is that an unrelated bill, SB 12, will be the vehicle for the cannabis legislation. While that bill passed both chambers in differing forms, it was not ultimately enacted; now its provisions will be replaced with the medical marijuana language. As a result of the procedural maneuver, the measure will not need to advance through the entire legislative committee process, and after conference can do directly to the floor of the House and Senate for votes on sending it to the governor.
Kyle Jaeger, Marijuana Moment, 04/26/2022 18:05:00
Texas Activists Say They Have Enough Signatures To Put Marijuana Decriminalization On Another Local Ballot
Activists in Denton, Texas say they’re confident that they’ve collected enough signatures to place a marijuana decriminalization initiative on the local ballot. The group Decriminalize Denton said that it will continue collecting additional petitions until May 3 while it also works to verify the more than 2,500 signatures that have already been gathered. But as of last week, organizers said that it appears that they’ve already netted enough to put the measure before voters in November. The campaign plans to submit the signatures to the city in the first week of May. They need 1,745 valid signatures from registered voters for ballot placement. ICYMI: We did it! We have successfully gathered and verified what we believe to be enough petition signatures to qualify for the November election. While we continue to finish independently verifying what we have, we will be accepting late signatures through end of day May 3rd! — Decriminalize Denton (@DecrimDenton) April 22, 2022 Meanwhile, as Denton activists pursue the midterm election in November, the campaign Ground Game Texas successfully put cannabis decriminalization on the Austin ballot for next month. Early voting for that local measure started on Monday.
Kyle Jaeger, Marijuana Moment, 04/26/2022 14:20:00
Georgia Voters Will Decide On Marijuana Ballot Question Next Month
When Georgia voters head to the polls for the primary election next month, they will get a chance to decide on a marijuana legalization question. The state Democratic party leadership placed nine non-binding advisory questions on the ballot this year, with the hope of gaining perspective on what issues voters care about most to inform legislative policy priorities. One of those questions asks: “Should marijuana be legalized, taxed, and regulated in the same manner as alcohol for adults 21 years of age or older, with proceeds going towards education, infrastructure and health care programs?” While the results of the vote on May 24 won’t immediately change state law, a strong showing in favor of legalization will demonstrate to elected officials that there is support for the reform, at least among those who vote in the Democratic primary. “Our ballot advisory questions are one of many ways we engage with Democratic voters ahead of the midterm elections,” Scott Hogan, executive director of the Democratic Party of Georgia, told FOX 5 Atlanta. Georgia has open primaries, meaning that any voter can choose to fill out the Democratic ballot on Election Day regardless of their party affiliation.
Kyle Jaeger, Marijuana Moment, 04/27/2022 08:23:00
Foreign investors are rushing to buy cannabis companies
Foreign investors are quietly buying up domestic cannabis businesses, turning mom-and-pop shops into corporately owned storefronts and cultivation centers. It’s happening in the United States, and all over the world. As global interest in cannabis legalization continues to rise, the potential for international trade and investment opportunities are growing right alongside it. Some of the largest cannabis companies in the world, most of which are from Canada, are establishing operations in different countries. For example, publicly-traded Canadian company Canopy Growth now holds licenses to cultivate cannabis in Europe and South America (Denmark and Columbia, specifically). This is following a stint of operations in South Africa and Lesotho. And they’re not the only ones. Canadian companies both large and small are expanding globally. Aurora operates in 25 countries so far, Cronos Group has branches in 5 countries, Aphria is present in at least 10 countries that we know of, and numerous other small companies that you likely haven’t heard of, are buying cultivation and retail businesses across borders. Growth and development is not always all it’s expected to be, however.
Alexandra Hicks, CBD Testers, 04/26/2022 20:00:00
Cannabis Tax Revenue Is Surpassing Alcohol in Arizona and Other States
Cannabis could be emerging as a significant source of tax revenue for Arizona. According to recently released data from the Arizona Joint Legislative Budget Committee (JLBC), cannabis taxes collected in the state are exceeding that of liquor and alcohol combined. “The state collected $11.9 million in dedicated marijuana excise taxes in March and $94.3 million fiscal year to date,” the JLBC states in its report. Arizona receives cannabis taxes from multiple sources. Besides the excise taxes, Arizona also collects tax revenue from Transaction Privilege Taxes (TPT). According to the report, Arizona collected $2.9 million in medicinal cannabis TPT revenue and $3.4 million in TPT revenue from recreational sales in March. When combined with the state’s excise taxes, the cannabis industry generated $18.2 million in tax revenues for March. Overall, Arizona has received a total of $149.7 million in taxes from cannabis through the fiscal year to date. Taxes collected from state tobacco sales only totaled $1.7 million in March and $15.4 million for the year.
mg Magazine – Cannabis News & Information, 04/26/2022 07:55:00
Ohio Legislators Introduce Legalization Bill Authored By Cannabis Advocates
Ganjapreneur Two Ohio lawmakers have introduced legislation proposed by the campaign seeking to legalize cannabis in the state, The Center Square reports. The bill’s introduction comes after advocates successfully submitted enough signatures to trigger the state’s initiated statute process. Under the initiated statute process, once a campaign submits enough signatures, the Legislature has four months to pass the bill, or an amended version, and if they fail to do so, the campaign – the Coalition to Regulate Marijuana Like Alcohol – can collect another 132,887 valid signatures to put the issue to voters. The group submitted the petition language and the required signatures on January 28. State Rep. Casey Weinstein (D), one of the lawmakers supporting the bill, said that cannabis legalization in Ohio is “overdue.” “The hundreds of thousands of Ohio voters who signed this petition – and millions more who support legalization statewide – asked for action from our legislature. Instead, GOP leaders have ignored them.”
Cannabis Law Report, 04/27/2022 00:18:00
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Arizona Recreational Marijuana Sales Hit A New Record In March, State Reports
“The legalization of cannabis in Arizona has been a boon for our economy and the state tax coffers.” By David Abbott, Arizona Mirror Medical marijuana sales in Arizona continued to slide in March, dropping for the fifth consecutive month as recreational adult-use...
Cresco Labs Announces Expiration of HSR Act Waiting Period For Proposed Acquisition of Columbia Care
Cresco Labs Inc. and Columbia Care Inc. announced the expiration of the 30-day waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act) in connection with Cresco Labs’ previously announced proposed acquisition of Columbia Care. On March...
The Michigan adult use market is one of the fastest growing cannabis markets in the United States
A bright spot of the United States (US) cannabis industry has been the performance of Midwestern states that allow for the sale of recreational cannabis. Although we are favorable of the medical cannabis opportunity in the Midwest, recreational cannabis is becoming...
Oklahoma’s GOP Senator Decides To Tangle Cannabis Regulation With Abortion Debate On Floor of The House
Oklahoma’s GOP Senator Decides To Tangle Cannabis Regulation With Abortion Debate On Floor of The House Dirty politics at its dirtiest or as AC/DC once said .. “Dirty Deeds Done Dirt Cheap” which about sums up his arguments Republican U.S. Sen. James Lankford of...
Report Shows High Taxes, Marijuana Deserts Stoking California Black Market
According to a recent report by Reason Foundation, the high taxes levied on state-approved marijuana products as well as the “marijuana deserts,” or localities and municipalities that have banned cannabis sales, have helped the black market to thrive within the state....
Capitol Hill Warms to Marijuana Banking Amid Crime Wave
Jordan Brown, age 29, was shot and killed on March 19, 2022, during an armed robbery while he worked his shift as a budtender in Tacoma, Washington. He was an employee at a company called World of Weed. Joshua Chase, the proprietor of Oakland-based Oakanna, took a...
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