Innovative Industrial Properties Acquires Property in Ohio and Enters Into Long-Term Lease with Cresco Labs SAN DIEGO, January 27, 2020–(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... Read more
Indiana is making a “baffling” argument against smokable hemp as it tries to revive a ban ruled unconstitutional, a group of hemp wholesalers and retailers told a federal appeals court that’s been asked to intervene in the case. The Midwest Hemp Council and seven Indiana hemp wholesalers are challenging the state’s... Read more
A grandmother from Hilton Head Island pleaded with legislators Wednesday to let her ease her suffering legally. But bipartisan efforts to allow South Carolinians to use marijuana as medicine continue to be blocked by opposition from law enforcement. Margaret Richardson said she lives in fear of the... Read more
When Chicago police installed so-called “cannabis amnesty boxes” in the city’s airports earlier this month, the idea was to provide a safe repository for travelers to dump their weed. But in that, one apparent thief saw an opportunity. Authorities in the Windy City said this week that someone snatched... Read more
The Austin City Council approved a resolution Thursday that will largely end arrests and fines for low-level marijuana possession. This comes after Texas’ legalization of hemp last June threw marijuana prosecution into chaos since the plants look and smell identical. The resolution directs Austin police not to spend city resources on newly necessary... Read more
California voters made marijuana legal to purchase and consume, but that hasn’t stopped state and local law enforcement from seizing tons of it from black market growers and retailers. By the end of 2019, agents at the California Bureau of Cannabis Control alone had seized nearly 24 tons of... Read more
It’s been a crazy two years since California legalized adult-use cannabis with the passing of Prop 64 and the adoption of the Medicinal and Adult-Use Cannabis Regulation and Safety Act. On Thursday, January 30th, our own Hilary Bricken will join KCRW’s cannabis round table to discuss the industry’s evolution and future. This is a rare opportunity…
A city council member has proposed that Detroit extend its decision to temporarily opt-out of Michigan’s newly legal recreational cannabis market while a plan to ensure local participation in the industry is created. The proposed ordinance, introduced by Councilman James Tate at a meeting of the council on Monday,... Read more
“Landscapes are changing, and the Cherokee Nation needed to modernize its HR policies to reflect those changes,” said Principal Chief Chuck Hoskin Jr. in a January 15 press release. The communication was meant to inform the public that Hoskin’s tribal association would be leaving space for its employees to... Read more
A Vermont lawmaker wants to relax the laws surrounding psychedelics. In a bill introduced Wednesday, state Rep. Brian Cina took the first step toward decriminalizing psilocybin, peyote, ayahuasca and kratom, with the legislation alluding to them as “certain drugs commonly used for medicinal, spiritual, religious, or entheogenic purposes.” The... Read more
