Marijuana Legalization and Regulatory News for Cannabis Businesses

Marijuana banking bill appears headed to landmark US House vote

A measure that would enable financial institutions to serve the cannabis industry and ancillary companies without fear of federal punishment could be put to a historic full vote in the U.S. House of Representatives later this month. House Majority Leader Steny Hoyer, a Maryland Democrat, intends to put the SAFE Banking Act to a vote before […]

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Marijuana industry donations to DC lawmakers already top 2018

The cannabis industry donated more than $305,000 to U.S. congressional members in the first half of 2019, exceeding last year’s total of about $248,500 by more than 20%. The data was collected from federal filings by Smart Approaches to Marijuana (SAM), an organization that actively opposes marijuana legalization, The Hill reported. SAM said in a blog […]

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Senate panel chair wants cannabis banking vote by year-end

Senate Banking Chair Mike Crapo wants his committee to vote on a marijuana-related banking measure this year, in what would be a landmark development for the marijuana industry. The Idaho Republican, in an interview with Politico, indicated, however, that he might craft his own bill rather than bring the SAFE Banking Act up for a […]

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Chart: Sales fall for adult-use cannabis vape products on heels of health scare

Recreational marijuana vape product sales are suffering in the wake of a nationwide health scare that caused several deaths and hundreds of illnesses, with consumers shifting their spending into other merchandise such as flower and pre-rolls. The shares of vape sales in California, Colorado, Nevada and Washington state’s recreational markets have declined significantly since the first vape-related […]

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MedMen, Surterra put up $1 million for adult-use marijuana push in Florida

MedMen and Surterra each contributed $545,000 to a campaign to legalize recreational cannabis in Florida. The two cannabis companies are backing Make it Legal Florida, which is seeking to collect the 766,000 signatures needed to put a constitutional amendment on the 2020 ballot. Their contributions, totaling $1.09 million, were first reported by Florida Politics. Surterra, […]

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Marijuana labs adding tests targeting vitamin E acetate in response to vaping health scare

Cannabis testing labs around the country are adding more specific tests targeting an additive that’s been linked to the string of recent illnesses and deaths health authorities say are related to marijuana and tobacco vaping devices. Although no definitive cause of the vaping-related issues has been identified, early reports have targeted the additive vitamin E […]

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Ohio balks at adding anxiety and autism for medical marijuana

The Ohio medical board dealt a blow to the state’s medical cannabis industry when it rejected petitions seeking to add anxiety and autism spectrum disorders as qualifying conditions. The board voted down those additions Wednesday after a Medical Board committee last month backpedaled on an earlier recommendation to add the conditions. The board determined that while […]

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Illinois providing safety training to adult-use cannabis sellers

Illinois officials authorized 26 businesses to provide health and safety training to recreational marijuana retailers, including existing medical cannabis operators, in advance of the adult-use program launch on Jan. 1. The Department of Financial and Professional Regulation announced the list of “responsible vendors.” A statement from the agency said “at least half” the approved providers […]

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Federal crackdown on e-cigarette vaping could have broader ramifications for marijuana industry

President Donald Trump and Congress are taking aim at the nation’s vaporizer industry, raising questions over whether a possible crackdown could produce fallout for the legal cannabis space. Marijuana industry officials are concerned that any federal action targeting e-cigarettes ultimately could result in regulations curbing the sale of cannabis vaporizers. Those concerns come as the […]

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DEA wants to expand cannabis grown for research by 31%

The U.S. Drug Enforcement Administration (DEA) is proposing an increase in the amount of marijuana that would be grown for research by almost a third over 2019’s level and nearly triple that of 2018. The DEA wants to boost the amount from 2,450 kilograms (5,401 pounds) in 2019 to 3,200 kilograms in 2020 to meet […]

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Weedmaps reiterates pledge to drop illicit marijuana retailers; L.A. dispensary group calls for immediate fines amid vaping crisis

Online marijuana advertising giant Weedmaps has offered more details on its plan to remove unlicensed cannabis retailers from its website. But a Los Angeles-area trade organization said it’s not satisfied and is calling for regulators to impose potentially billions of dollars in fines against the company and is even calling out Weedmaps in reference to the current vaping crisis.

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