Michigan marijuana agency helps establish Cannabis Regulators Association
Michigan is among 19 states whose marijuana regulatory agencies have collectively created a new cannabis-related organization. The Cannabis Regulators Association — CANNRA — is billed as a newly-formed, non-partisan group established to share institutional knowledge and regulatory best practices with federal, state and local jurisdictions who’ve approved legalization of marijuana... Read more
Oregon cannabis tax revenue numbers are currently up as of this quarter, with the area seeing an increase of 45 percent for the first quarter of the 2021 fiscal year over the first quarter of 2020.  This most recent quarter, which began on July 1, brought in $46.9 million... Read more
Pa. medical marijuana advisory board nixes new qualifying conditions as industry booms
Medical marijuana in Pennsylvania is more popular than ever, this month surpassing $1 billion in all-time sales from dispensaries to patients. The state’s Medical Marijuana Advisory Board noted the landmark at its quarterly meeting Tuesday before debating whether to add new medical conditions to the list of reasons Pennsylvanians... Read more
Colorado Marijuana Sales Up Nearly 25 Percent From Last Year
Marijuana sales are experiencing their annual fall dip in Colorado, but they’re still comfortably outperforming last year, according to figures from the state Department of Revenue. Dispensaries tallied almost $206.5 million in sales during September, state data shows, a slight drop from August and nearly 9 percent less than the monthly... Read more
On the heels of a historic triumph for the legalization movement at the ballot box earlier this month, one Texas lawmaker is keen to get in on the action. Roland Gutierrez, a Democratic state House representative who was just elected to the Texas state senate, said this week that... Read more
Less than a week after voters in New Jersey resoundingly passed a measure to legalize adult use marijuana, lawmakers in the state moved forward on plans to implement the new law. A pair of related bills passed out of two separate legislative committees on Monday, the Senate Judiciary and... Read more
Several states legalized marijuana last week. Will Texas be next?
Advocates for marijuana legalization are hopeful Texas lawmakers will take up meaningful reform this upcoming 2021 legislative session. During last week’s general election, voters in Arizona, Montana, New Jersey and South Dakota approved ballot measures allowing recreational marijuana, leaving Texas a member of a shrinking group of states that... Read more
Advanced Flower Capital Provides $22 Million Secured Credit Facility to Organic Remedies, Inc. and Toigo Organic Farms, LLC to Fund Expansion Within Pennsylvania WEST PALM BEACH, Fla., Nov. 10, 2020 /PRNewswire/ — AFC Management, LLC (“AFC Management”) announced today that an affiliate, AFC Gamma, Inc. (“AFC”), has funded a... Read more
N.J. should stop marijuana possession arrests now that voters have OK’d legal weed, top lawmaker says
New Jerseyans should not “inadvertently engage in criminal conduct relating to marijuana — conduct that may be legal in the future once the Legislature acts, but is not presently legal based on yesterday’s vote,” Grewal said. He promised more guidance for local cops “soon,” and he said officers already... Read more
New Jersey Moves Quickly (Finally) To Establish A Cannabis Regulatory Commission
Three days after New Jersey voters approved a referendum to legalize adult use marijuana, New Jersey’s Governor announced the appointment of the leaders of the newly forming Cannabis Regulatory Commission (CRC).  The creation of the CRC was called for under New Jersey’s amended medical cannabis act adopted in 2019... Read more
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