US Marijuana News | MJ Shareholders

“Where’s all that marijuana money?” Colorado’s pot dollars help schools, but maybe not as much as you think

Colorado Marijuana Industry News Uncategorized February 3, 2019 0

Five years after the first sale occurred on Jan. 1, 2014, that tax money has translated into $160 million toward school construction statewide — roughly enough to build three high schools. Meanwhile, the state has actually collected more than $740 million. “People frequently ask, ‘Where’s all that marijuana money?’... Read more

Cresco Labs’ Dispensary Launches Newly Enacted Illinois Opioid Alternative Pilot Program

Illinois Marijuana Industry News February 2, 2019 0

PRESS RELEASE CHICAGO–(BUSINESS WIRE)–Cresco Labs (CSE: CL) (“Cresco” or “the Company”), one of the largest vertically integrated multistate cannabis operators in the United States, announced that the Company’s FloraMedex dispensary launched Illinois’ Opioid Alternative Pilot Program (OAPP) today vastly expanding the population of Illinois patients who can access medical... Read more

Portland Awards Cannabis Grants to Minority Owned Cannabis Businesses

Oregon Recreational Marijuana Uncategorized February 2, 2019

We have been critical of cities licensing cannabis businesses in the past. Cannabis businesses are taxed and regulated heavily enough at the state level–why involve cities as well? We have always thought that if a city is going to be involved in the licensing process, it might as well do some good along the way….

New York assembly speaker casts doubt on quick marijuana legalization

Marijuana Industry News New York Recreational Marijuana February 1, 2019 0

New York’s Democratic lawmakers and Gov. Andrew M. Cuomo may not be able to hammer out a deal on legalizing adult-use marijuana in the next two months, according to Assembly Speaker Carl Heastie. In remarks Thursday following a criminal justice event in Manhattan, the speaker discounted the possibility of... Read more

Oregon’s New Industrial Hemp Rules and the 2018 Farm Bill

Hemp Oregon Uncategorized February 1, 2019

Last year was a big one for the Oregon industrial hemp program. If you recall, the state legislature enacted House Bill 4089, which provided a much needed regulatory framework for the crop and authorized its processing and sale into the Oregon Liquor Control Commission (“OLCC”) recreational market. To administer a portion of these statutory changes,…

Feds, local police launch raids on up to 50 black-market marijuana grow houses in Denver area

Colorado Marijuana Industry News Recreational Marijuana January 31, 2019 0

Scores of agents from the U.S. Drug Enforcement Agency fanned out early Thursday morning in a coordinated raid of up to 50 suspected black-market marijuana grow houses in the Denver metro area, authorities say. Dozens of search warrants were served on homeowners and residents across the metro area, said Randy... Read more

Minnesota measure would legalize marijuana by 2022

Marijuana Industry News Minnesota January 30, 2019 0

Minnesotans over 21 would could buy and use marijuana legally by 2022 as part of a proposal that would give the state significant power and oversight of a recreational cannabis program. The state would regulate all aspects of the local marijuana industry, enforcing health and safety regulations and controlling... Read more

Baltimore to no longer prosecute marijuana possession

Marijuana Industry News Maryland January 30, 2019 0

Baltimore’s top prosecutor announced Tuesday that the city will no longer prosecute any cases related to marijuana possession, regardless of quantity or a person’s criminal record. Marilyn Mosby, the state’s attorney in Baltimore, is also seeking to have the courts vacate roughly 5,000 prior marijuana convictions going back to 2011, The Associated Press reported. “No... Read more

Qualified Opportunity Zones and Cannabis

California Real Estate Uncategorized January 30, 2019

Qualified Opportunity Zones, which provide a tremendous benefit to investors and low income communities, are the hot new topic in the real estate investment world. The cannabis industry is buzzing about investment opportunities in these zones, but we remain skeptical about the ability of cannabis business activity to qualify for the benefits under this new…

Illinois state legislators lay out plans for recreational marijuana proposal

Illinois Marijuana Industry News Recreational Marijuana January 29, 2019 0

Marijuana “bars” would be prohibited, and teenagers caught driving under the influence of marijuana would lose their licenses, a Springfield audience was told Monday night by lawmakers crafting a bill to allow recreational use of cannabis in Illinois. Hearing those details pleased state Sen. Andy Manar, D-Bunker Hill, whose... Read more

“Where’s all that marijuana money?” Colorado’s pot dollars help schools, but maybe not as much as you think

Cresco Labs’ Dispensary Launches Newly Enacted Illinois Opioid Alternative Pilot Program

Portland Awards Cannabis Grants to Minority Owned Cannabis Businesses

New York assembly speaker casts doubt on quick marijuana legalization

Oregon’s New Industrial Hemp Rules and the 2018 Farm Bill

Feds, local police launch raids on up to 50 black-market marijuana grow houses in Denver area

Minnesota measure would legalize marijuana by 2022

Baltimore to no longer prosecute marijuana possession

Qualified Opportunity Zones and Cannabis

Illinois state legislators lay out plans for recreational marijuana proposal

Florida Medical Patient Growth Again Sets New All-Time Low

Committee Blog: The Benefits of Intrusion Systems in Cannabis Retail – Ensuring Security and Compliance

Alabama Medical Marijuana Regulators Award New Cultivation Licenses Amid Litigation That Has Stalled The Program

Marijuana Use Shouldn’t Disqualify Athletes From The Olympics, Americans Say In New Poll

Massachusetts Governor Signs Bill To Create Psychedelics Working Group For Veterans Therapy

The Green Organic Dutchman Signs a Commercial Sublicense with EnWave and Tilray to Dry Cannabis in Canada