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Marijuana Laws, Regulations, & Politics
A Refresher and an Update: The (Cannabis) STATES Act

A Refresher and an Update: The (Cannabis) STATES Act

IndustryMarijuana Laws, Regulations, & PoliticsNational & Federal Marijuana NewsUS Marijuana News June 30, 2018

It seems like every year, the old pot guard in Congress tries its hand at some form of marijuana legalization. Although these sorts of actions attract headlines (and votes?), they never seem to go anywhere. But for the first time ever, a real and legitimate bipartisan “respect states’ rights”... Read more
Vermont Launches Home Cultivation, Looks Ahead to Adult-Use Regulations

Vermont Launches Home Cultivation, Looks Ahead to Adult-Use Regulations

Cultivation & ProductionMarijuana Laws, Regulations, & PoliticsRecreational MarijuanaUS Marijuana NewsVermont June 29, 2018

Although legal adult-use cannabis sales in Vermont are still a long way off, residents 21 and over are able to grow cannabis in their homes for recreational use as of July 1. Gov. Phil Scott signed legislation earlier this year to allow adults to cultivate four mature plants and... Read more
Cannabis Company Basics: Capitalization and Licensure

Cannabis Company Basics: Capitalization and Licensure

Marijuana Laws, Regulations, & PoliticsMarijuana Stocks, Finance, & Investing June 29, 2018

Prepare to describe how the sausage was made. Over the past few years, we have had many cannabis clients call us during the license application process and ask some version of the following: “The state is asking me to disclose the capitalization of the company. What should I write?”... Read more
Support for Legal Marijuana Higher Than Ever

Support for Legal Marijuana Higher Than Ever

Marijuana Laws, Regulations, & PoliticsMarijuana Stocks, Finance, & InvestingNational & Federal Marijuana NewsUS Marijuana News June 29, 2018

The industry on cannabis has become one of the fastest growing industries across the nation over the last several years. With new markets growing in and around the U.S., many polls are reporting that support for cannabis use and legalization, is higher than ever before. One of the major... Read more
Hemp, Inc. (HEMP) Commends U.S. Senate for Passing Farm Bill

Hemp, Inc. (HEMP) Commends U.S. Senate for Passing Farm Bill

Marijuana Laws, Regulations, & PoliticsMarijuana Stocks, Finance, & InvestingNational & Federal Marijuana NewsUS Marijuana News June 29, 2018

Hemp, Inc. (OTC PINK: HEMP), a global leader in the industrial hemp industry with the largest multipurpose industrial hemp processing facility in the western hemisphere, announced today the company commends the U.S. Senate for passing the 2018 Farm Bill in a 86-11 vote, yesterday June 28, 2018. Bruce Perlowin, CEO of Hemp,... Read more
Victorville refuses to approve Chalice marijuana festival; faces lawsuit

Victorville refuses to approve Chalice marijuana festival; faces lawsuit

CaliforniaMarijuana Laws, Regulations, & PoliticsUS Marijuana News June 29, 2018

The Victorville City Council on Thursday night refused to sign off on allowing cannabis consumption and sales at the Chalice California festival, set for July 13-15 at at the San Bernardino County fairgrounds. The decision came after a few dozen people spoke in support of the festival, citing the... Read more
Landlords where illegal dispensary operated ordered to pay $388,000

Landlords where illegal dispensary operated ordered to pay $388,000

CaliforniaDispensaries & RetailIndustryMarijuana Laws, Regulations, & PoliticsUS Marijuana News June 29, 2018

A Riverside County couple who leased a San Ysidro storefront to an illegal marijuana dispensary was ordered to pay $388,000 in civil penalties to the city of San Diego this week, city officials said. Quirino and Bertha Gutierrez, who live in Menifee, were ordered to pay the equivalent of... Read more
Analysts slash forecast on California cannabis market as slow licensing takes toll

Analysts slash forecast on California cannabis market as slow licensing takes toll

CaliforniaIndustryMarijuana Laws, Regulations, & PoliticsUS Marijuana News June 29, 2018

New state rules are killing the buzz on California’s cannabis sales. Legal pot that was once expected to generate $3.7 billion in revenue this year now is forecast to total just $2.9 billion, Greg Shoenfeld, vice president for operations at BDS Analytics, said by phone Wednesday, previewing a report... Read more
Milpitas: Voters may decide whether to levy marijuana sales tax

Milpitas: Voters may decide whether to levy marijuana sales tax

CaliforniaIndustryMarijuana Laws, Regulations, & PoliticsUS Marijuana News June 29, 2018

MILPITAS — Milpitas residents likely will be asked to consider approving a November ballot measure that would levy a tax on marijuana sales. The Milpitas City Council last week directed staff to prepare the ballot measure as a way to raise more money. The measure’s wording will need to... Read more
From Forbes: U.S. Senate Votes To Legalize Hemp After Decades-Long Ban Under Marijuana Prohibition

From Forbes: U.S. Senate Votes To Legalize Hemp After Decades-Long Ban Under Marijuana Prohibition

Health & FitnessIndustryMarijuana Laws, Regulations, & PoliticsMedical MarijuanaNational & Federal Marijuana NewsUS Marijuana News June 29, 2018

From Forbes.com: The non-psychoactive cannabis cousin of marijuana would finally become legal to grow in the United States under a bill overwhelmingly approved by the Senate. The wide-ranging agriculture and food policy legislation known as the Farm Bill, passed by a vote of 86 – 11 on Thursday, contains provisions to legalize the cultivation,... Read more
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