A New Jersey assemblywoman plans to propose a bill that would create a tax credit program for cannabis businesses in urban enterprise zones if the state legalizes recreational marijuana. Democrat Annette Quijano, chair of the Assembly Judiciary Committee and deputy majority leader, got the idea for the bill from Nevada lawmakers while she was on […]Read More
One arena in which the cannabis industry has struggled to make serious gains is the stock market. Most plant-touching companies that are also publicly traded still live on the over-the-counter markets, dreaming of the day when they’ll graduate to the Nasdaq or the New York Stock Exchange. Derek Peterson is no exception. As the founder […]Read More
New Jersey’s governor looks to improve the state’s medical marijuana program, California cannabis growers are suing the state over licensing, and Massachusetts MMJ inspections uncover numerous violations. Here’s a closer look at some notable developments in the marijuana industry over the past week. New Jersey MMJ expansion? The Garden State’s new governor certainly didn’t wait […]Read More
New Jersey Gov. Phil Murphy promised during his campaign that he would legalize recreational marijuana in the state.
But first, the Democrat hopes to revive New Jersey’s medical cannabis program.
Murphy signed an executive order Tuesday to study a program he says has existed “in name only.Read More
New York’s governor is urging state lawmakers to provide funding to establish a commission that would study the feasibility of legalizing adult-use marijuana in the state. The study would explore recreational legalization’s health effects, economic impact, criminal justice impact and how recreational legalization by some of New York’s neighbors would affect the state, according to Buffalo […]Read More
While not likely to be as historic as the legalization wave of 2016, this is expected to be a watershed year for the cannabis industry. For the first time, from all indications, state legislatures are poised to pass recreational marijuana legalization laws, with the East Coast being the most fertile ground for such efforts. Vermont […]Read More
The marijuana industry is strapping in for a roller-coaster 2018, when challenges and opportunities are unfolding faster than ever, and in more places than ever.
Here’s a look at 11 challenges and opportunities that will demand the attention of marijuana entrepreneurs in 2018:Read More
New Jersey can’t even begin the recreational cannabis legalization process until mid-January, but marijuana entrepreneurs across the country are descending on the Garden State in hopes of getting a first-mover’s advantage in what could become one of the most buoyant markets on the East Coast. Indeed, many marijuana businesses already have a presence in New Jersey, […]Read More
New Jersey’s governor-elect appoints a marijuana advocate to a key position, Indiana hemp retailers are ordered to remove CBD products from their shelves, and an Oregon judge allows a vineyard’s lawsuit against a planned cannabis grow to continue. Here’s a closer look at some notable developments in the marijuana industry over the past week. Keeping […]Read More
The momentum to legalize recreational cannabis in New Jersey continues to grow. Adding fuel to speculation that New Jersey could be the next state to legalize recreational marijuana, incoming governor Phil Murphy has selected Pete Cammarano as his chief of staff, The Record reported. Cammarano founded the New Jersey Cannabis Industry Association – which campaigns for adult-use […]Read More
New Jersey is poised to legalize recreational marijuana after a pro-cannabis candidate won the state’s gubernatorial race Tuesday, giving the MJ industry a potentially huge win in what could be a lucrative new market for businesses.>
Come January, anti-marijuana Gov. Chris Christie will be out of office and Democrat Phil Murphy will be in.Read More
Welcome to Election Day 2017. Though it won’t compare to the historic gains the cannabis industry made at the polls last November, there are three states whose election results could either directly or indirectly have serious ramifications for marijuana businesses: Michigan, New Jersey and New York. Polls in Michigan and New Jersey close at 8 […]Read More
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