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AG Barr shows openness to federal law protecting state-legal cannabis programs & more of the week’s top MJ news (SLIDESHOW)

The U.S. attorney general could be warming to the idea of a federal law that protects state-legal marijuana programs, a California committee kills a measure to overturn a policy allowing licensed cannabis companies to deliver product anywhere in the state, good news and bad comes for Florida’s MMJ program – plus other important news from around the cannabis space.

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California statewide marijuana delivery survives assembly bill vote, but cities’ lawsuit still a threat

At a packed hearing Tuesday, a California legislative committee killed a measure aimed at overturning a controversial policy that allows licensed cannabis companies to deliver product anywhere in the state. The upshot is that the status quo will continue for marijuana delivery operators – at least for the foreseeable future – and that they’ll be […]

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Chart: Low prices, lack of investment stifle cannabis growing capacity in Washington state

Many of Washington state’s recreational cannabis cultivators are using half or less of their licensed canopy, driven in part by low wholesale prices and a dearth of available capital investment, according to a report conducted by the state’s regulators. Over the course of a year, the Washington State Liquor and Cannabis Board (LCB) surveyed 1,155 […]

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Marijuana Business This Week: Nevada license hearing, hemp lending guidance, SC mulls medical cannabis & more

Here are some notable stories and events to watch for in the coming days: ASCENT LICENSE HEARING: Representatives of Canadian cannabis company Ascent Industries Corp. are scheduled to appear Wednesday before the Clark County Department of Business License to argue why its permits in Nevada should not be permanently suspended, revoked or non-renewed. Sweet Cannabis, […]

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Despite ‘monopoly’ concerns, Rhode Island’s medical marijuana program on upswing

At first blush, Rhode Island’s tiny medical marijuana market looks like a disaster for cannabis entrepreneurs: The state’s MMJ program is dominated by three vertically integrated businesses, wholesale prices are falling, and the Ocean State’s 41 stand-alone growers must battle over a small customer pie. But Rhode Island medical cannabis officials are increasingly optimistic. They […]

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Expiring licenses, not oversupply, is California’s real ‘crisis,’ industry insiders say

Media coverage of a recent report by a California-based cannabis distribution company has caused rampant confusion and hindered lobbying efforts to accelerate the process for making permanent a wave of temporary grow licenses that will soon expire in the state. The report that San Francisco-based Vessel Logistics disseminated March 18 claimed overproduction by California cultivators […]

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