Colorado Governor Jared Polis signed legislation May 29, repealing the provision prohibiting publicly traded corporations from holding marijuana licenses. The bill Polis signed into law, House Bill 1090, passed the House by a vote of 54-11 and passed the Senate 27-7. The legislation also served to open the state’s industry to outside investors. Some of […]
Federal officials from the Small Business Administration (SBA) met with members of the Senate Small Business and Entrepreneurship Committee, and questioned how current laws related to cannabis inhibit the ability to do business in states where it is legal. The discussions come as members of Congress work on legislation that would allow small business assistance […]
The passage of Oregon’s Senate Bill 852 on May 15 is a proactive move by state lawmakers and gives the governor latitude to approve the export and import of marijuana items between states. This is a strong indication that the state is preparing for interstate commerce with other states where marijuana is legal. The bill […]
The evolving cannabis regulatory climate in Nevada is starting to clear up a bit. Nevada Governor Steve Sisolak signed what had been dubbed a new ‘transparency law’ in Carson City on Friday. The law makes public the names and identities of who owns each cannabis license in the state of Nevada. Lawsuits filed before the […]
Until Congress can sort out the conflicting federal and state laws on marijuana, it appears marijuana businesses won’t get a green light on tax breaks, and the confusion is affecting the cannabis industry. Because marijuana remains illegal federally, Treasury Secretary Steve Mnuchin and several legislators recommend holding off on allowing marijuana business tax benefits. Mnuchin […]
A growing group of medical marijuana patients is calling for the resignation of DEA chief Chuck Rosenberg after he called MMJ a “joke.” The Marijuana Majority, a national pro-reform group, launched a Change.org petition seeking Rosenberg’s firing or resignation. As of Nov. 12, the petition had gathered roughly 30,000 signatures. Rosenberg’s comments came earlier in […]
A New York woman has sued the DEA, claiming the agency illegally used her personal information to set up a fake Facebook profile designed to snare her friends. Sondra Arquiett was arrested four years ago and charged with possession of cocaine with intent to distribute. The DEA said she was part of a drug ring […]
With more and more people interested in entering the cannabis industry, it was only a matter of time before training institutions would be established catering to would-be entrants to the trade. Now, Marijuana Business Academy joins the few such establishments that have been set up to train interested novices in the ways of ‘ganja-preneurship’. The […]
A new report suggests many doctors who publicly oppose marijuana reform are quietly taking money from pharmaceutical companies behind powerful prescription painkillers, the very drugs medical weed could replace. Vice.com reports that many researchers whose work is used to fight against marijuana reform have ties to Big Pharma – ties that could cloud their professional […]
