Minnesota’s high court ruled this week that medical marijuana cannot be covered under workers’ compensation. In a pair of decisions handed down last Wednesday, the state’s Supreme Court said that the federal prohibition on cannabis precludes employers from being required to cover medical marijuana treatment for employees who have... Read more
Regulators in New Jersey last week voted to significantly increase the number of medical marijuana dispensaries in the state. In a four to one vote on Friday, the New Jersey Cannabis Regulatory Commission agreed “to issue 10 new licenses for medical marijuana cultivators and four new licenses for vertically... Read more
Policymakers in Arizona unveiled rules last week for a social equity cannabis program aimed at giving communities most affected by pot prohibition opportunities in the state’s newly regulated recreational cannabis market. The Arizona Daily Star reported that the state’s Department of Health Services issued the final draft of its... Read more
Small-scale marijuana businesses in New Mexico would receive access to publicly financed loans of up to $250,000 in an effort to promote social and economic fairness, under a proposal unveiled Thursday. The New Mexico Finance Authority suggested a $5 million line of credit to licensed cannabis microbusinesses, seeking preliminary... Read more
Innovative Industrial Properties Acquires Property in California and Executes Long-Term Lease with Gold Flora SAN DIEGO-October 18, 2021-(BUSINESS WIRE)–Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated U.S. cannabis industry, announced today that it... Read more
The state’s adult-use cannabis industry brought in nearly $60 million in its first year, but some fear market saturation and mega-competitors from out of state. One year after Maine launched its legal adult-use cannabis market, industry members say they’re encouraged by the market’s rapid growth, but they also shared... Read more
Florida Democratic gubernatorial candidate and congressman Representative Charlie Crist announced on Thursday that he will legalize marijuana and expunge past cannabis-related convictions if he is elected governor. The statement drew a swift response from fellow Democratic candidate and state Agriculture Commissioner Nikki Fried, however, who chided Crist for his... Read more
On day-one of Riot Fest, there was paranoia. Before music-lovers, which the Chicago-based festival attracts alone, entered the festival grounds, many were asking, “What about my legally acquired cannabis?!” I overheard that concern more than once, but those fears were soon laid to rest as festival goers bypassed the... Read more
Local leaders of a county in southern Oregon declared a state of emergency on Wednesday, saying that the illegal production of marijuana in the community is a threat to public safety. In a letter to state leaders, the Jackson County Board of Commissioners said that the proliferation of illicit... Read more
New Jersey has licensed 14 new marijuana businesses, bringing a long-awaited expansion of the state’s medical marijuana program that exceeds original plans. The Cannabis Regulatory Commission on Friday announced the winners of a competitive and burdensome licensing process that began two years ago. Nearly 200 entrepreneurs applied for licenses... Read more
