Month: June 2017 (Page 19)

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In a triumph for sanity and compassion, British Columbia has declared mandatory minimum prison sentences for cannabis producers to be unconstitutional. The post B.C. Kills Mandatory Minimum Sentences for Marijuana Producers appeared first on Leafly. Read More: B.C. Kills Mandatory Minimum Sentences for Marijuana ProducersContinue Reading

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Rhode Island’s governor has called for an increase in medical marijuana dispensaries in the state and a hike in licensing fees to generate another $1.5 million in revenue. Democratic Gov. Gina Raimondo submitted a budget amendment June 9 calling for “no less than six licensed compassion centers,” the Providence JournalContinue Reading

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California already accounts for roughly a quarter of all legal cannabis sales in the Unite States and is poised to be an economic powerhouse in a decriminalized national industry — if it can introduce regulation without empowering a new illicit market. By sheer numbers, California is easily the nation’s largestContinue Reading

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By Omar Sacirbey The marijuana industry can expect higher valuations, more capital injections and increased merger and acquisition activity after the sale of High Times and the iconic magazine’s Cannabis Cup. That’s the assessment of analysts following the deal, in which investors paid $42 million for a 60% stake in the company.Continue Reading

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Cannabis lawsuit takes aim at restrictive ordinancesSiskiyou Daily NewsCalifornia voters in November approved a ballot measure allowing adults to legally possess and cultivate cannabis, and a recently filed lawsuit may define how local governments restrict the plant's cultivation within the confines of the new law … Read More: Cannabis lawsuitContinue Reading