Marijuana Legalization and Regulatory News for Cannabis Businesses

Additional medical marijuana licenses put on hold in Maryland

Maryland medical marijuana regulators put plans to award an additional four cultivation and 10 processing licenses on hold, in wake of a judge’s temporary restraining order barring the state from issuing licenses until Oct. 7. The Maryland Medical Cannabis Commission was scheduled to announce the winners on Thursday. Instead, Commission Chairman Brian Lopez said the […]

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Utah medical marijuana dispensaries could face hefty fees

Utah would charge medical marijuana dispensaries between $50,000 and $69,500 each year in operating fees under a proposal state officials are considering – placing an unexpectedly high financial burden on future MMJ businesses. An executive with a Washington state-based company interested in opening a dispensary in Utah called the proposed fees a “big pill to […]

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Pennsylvania governor says he’s ready to legalize recreational cannabis

Pennsylvania Gov. Tom Wolf is now in favor of legalizing marijuana for recreational use, which, if his efforts are successful, could potentially create a $1 billion-plus adult-use market in the state of 12 million people. Wolf says that that most of the state’s residents support it. He added that the state has a wealth of […]

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Historic day: US House passes cannabis banking bill with strong bipartisan support

In a landmark move, U.S. House lawmakers on Wednesday approved overwhelmingly by a 321-103 vote legislation that would pave the way for financial institutions and insurance companies to serve state-legal marijuana businesses without fear of federal reprisal. Ninety-one Republicans voted for the measure, in a showing of strong bipartisan support. The bill – the first piece […]

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NY governor wants Northeast region to work together on recreational marijuana, vaping

New York Gov. Andrew Cuomo is urging neighboring states to work together on future recreational cannabis policies – a move that could potentially create a more level playing field for marijuana businesses in adjoining states if adult use is approved. The Democratic governor also wants states near New York to work together on vaping regulations. […]

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House Judiciary Chair reiterates commitment to marijuana banking reform

The chair of the House Judiciary panel said he is committed to working to advance a comprehensive marijuana bill including social and criminal justice provisions. Rep. Jerrold Nadler, a Democrat from New York, made the statement on the eve of a scheduled full House vote on a cannabis banking bill called the SAFE Banking Act. […]

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Marijuana industry reaction to California’s 2019 legislative session: Some wins, but many MJ business issues still outstanding

California’s 2019 legislative session drew to a close earlier this month, and it was a lackluster year for cannabis business priorities, industry watchers noted, with no victories on issues such as tax relief, banking or the opening of more jurisdictions for business licensing. “It’s a mixed bag,” Amy Jenkins, chief lobbyist for the California Cannabis […]

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At long last: A full US House vote on a cannabis banking bill

The multibillion-dollar U.S. cannabis industry is poised to cross a historic threshold Wednesday with a scheduled U.S. House vote on a bill that would permit financial institutions to serve state-legal marijuana businesses without fear of federal punishment. The vote would mark the first time a standalone marijuana bill has come before the full House. And it […]

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Massachusetts regulators say yes to marijuana cafes, home delivery

Massachusetts regulators approved two new types of licenses that could be a boon to marijuana businesses in the state – cannabis cafes and home delivery. The Springfield Republican reported that the Cannabis Control Commission voted 4-1 to allow social consumption of recreational marijuana at cafes as well as delivery of adult-use cannabis to residences. Both licenses […]

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UT gov signs medical cannabis bill increasing dispensaries, licensing couriers

Utah Gov. Gary Herbert, as expected, signed a bill that will increase the number of medical marijuana dispensaries from seven to 14, with additional growth possible depending on market demand. Utah legislators unanimously passed the legislation during a recent special session called by the Republican governor to scrap a state-run MMJ distribution system. The measure […]

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