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News
Cannabis Supply Chain Virtual Conference
The post Cannabis Supply Chain Virtual Conference appeared first on Cannabis Industry Journal. Read Full Article at: Cannabis Industry Cannabis Supply Chain Virtual Conference
The Distressed Cannabis Business: An Alternative to Bankruptcy
Bankruptcy is Not an Option Bankruptcy courts do not provide protection to cannabis and cannabis-related businesses.Bankruptcy can be a very helpful tool for a distressed business. Bankruptcy allows a business to stop collection actions, discharge certain debts,...
Minnesota Legalizes Adult Use Cannabis: Part 2
In Part 1, we examined the current status of adult use cannabis in Minnesota, paying particular attention to the licensing framework, taxation and social equity considerations. In this article, we’ll cover some important need-to-know info if you’re considering opening...
Minnesota Legalizes Adult Use Cannabis: Part 1
Part 1: The Current Status of Legalization Minnesota has long been known as the “Land of 10,000 Lakes” and boasts over 14,000 bodies of fresh water covering at least 10 acres. The Dakota Sioux word for water, “Minne”, appears in the word Minnesota (clear blue water)...
Desperate California Cannabis Vendors Seek Credit Protection
Cannabis companies representing 45% of California’s cannabis sales are pushing a bill that will crack down on non-paying customers. Well known operators, including Kiva, Lowell Farms, Nabis and Sunderstorm, recently formed Financial Stability for California Cannabis...
Ask the Experts: Supply Chain Risks in Hemp & Cannabis
There are a lot of risks throughout the entire supply chain in the cannabis and hemp markets. Legal and regulatory issues, quality control reliability, security problems, product safety, potency, and constantly changing supply and demand are just a few major risks...
Stemming the Tide: Strategies for Cannabis Testing Labs & Regulators to Address THC Inflation and Lab Shopping
The cannabis industry in the United States is booming. In just a few years, it has gone from a small, underground market to a multi-billion-dollar industry. This growth is due in part to the legalization of cannabis in many states, as well as the growing public...
The Hot Debate Embroiling New York’s Potency Tax
On March 31, 2021, New York legalized adult-use cannabis with the passage of the Marijuana Regulation & Taxation Act (MRTA). Perhaps the most controversial portion of the Act was Section 493(1)-(3), which established taxes on the potency of cannabis products sold...
Rise of the Machines: The Case for Automation in the Cannabis Industry
The Case for Automation in the Cannabis Industry History has shown that if companies fail to innovate when new technology emerges, even household name brands with enormous market share can squander their success if they are blind to anything that could ever unseat...
New Jersey Market Grows, Regulators Make Licensing Progress
2023 has so far been a productive year for the New Jersey Cannabis Regulatory Commission (CRC), the government body tasked with overseeing the state’s medical and adult use cannabis markets. The licensing process since New Jersey first launched its adult use cannabis...
Legal
Vermont House votes to legalize marijuana, sends bill to governor
The Vermont House has voted to legalize recreational use of marijuana in the state. The bill now goes to Gov. Phil Scott, who has expressed reservations. Read Full Article at: Cannabist Vermont House votes to legalize marijuana, sends bill to governor
California Rep. Rohrabacher says he'll take medical marijuana fight to Supreme Court if need be
Rep. Dana Rohrabacher is confident the courts will back Congress’ right to determine how federal funds are spent, including protecting medical marijuana states. Read Full Article at: Cannabist California Rep. Rohrabacher says he'll take medical marijuana fight to...
Vermont marijuana legalization bills stay alive as lawmakers extend session
One day before legislative leaders plan to adjourn, the Senate approved a marijuana legalization bill that they say serves as a compromise. Read Full Article at: Cannabist Vermont marijuana legalization bills stay alive as lawmakers extend session
Louisiana Supreme Court chief justice blasts colleagues for upholding 'ridiculous' 18-year sentence for weed
Is 18 years in prison without possibility of parole too harsh for possession of 18 grams of marijuana? The Louisiana Supreme Court's chief justice thinks so. Read Full Article at: Cannabist Louisiana Supreme Court chief justice blasts colleagues for upholding...
Colorado legislators adopt one strategy to protect cannabis industry, reject another
Colorado's House has endorsed a bill to allow recreational pot growers and retailers to reclassify their product as medical marijuana if federal marijuana policy changes, and the Senate has rejected a bill to prohibit public employees from assisting federal agents in...
Medical marijuana for PTSD picks up steam in New York
New York state lawmakers are gaining momentum in a measure to expand medical marijuana coverage to those who suffer from post-traumatic stress disorder. The Democrat-controlled Assembly approved a measure that adds PTSD to the list of state-approved ailments for which...
Florida House passes its version of medical marijuana regs
A bill approved in Florida's House would increase patient access to cannabis but supporters of Amendment 2 say that even more needs to be done. Read Full Article at: Cannabist Florida House passes its version of medical marijuana regs
Last New England state to decriminalize weed takes first step
CONCORD, N.H. -- Marijuana decriminalization is one step closer to passage in New Hampshire after lawmakers worked out a compromise that police chiefs can stomach. An amendment by Republican Sen. Jeb Bradley would remove criminal penalties for possessing up to...
California regulators release first draft of revised medical marijuana rules
California state regulators released draft regulations Friday intended to impose order on the loosely organized marketplace created over two decades ago. Read Full Article at: Cannabist California regulators release first draft of revised medical marijuana rules
Medical marijuana, hemp protections included in federal spending bill
A congressional spending bill to fund U.S. government through September includes provisions protecting industrial hemp and state medical marijuana programs. Read Full Article at: Cannabist Medical marijuana, hemp protections included in federal spending bill