The pendulum has swung in New Jersey, where the new governor promises to legalize recreational cannabis within 100 days, and lawmakers have a plan that would see retail dispensaries open for business before the year is out. To see how swiftly and totally American attitudes have changed on marijuana, visitContinue Reading
Massachusetts marijuana regulators have selected Florida-based Franwell’s Metrc program to serve as the state’s seed-to-sale traceability system. According to The Boston Globe, the Massachusetts Cannabis Control Commission budgeted about $750,000 for the system, which is intended to help states prevent diversion of cannabis to the black market. Here’s what you need toContinue Reading
The bill was introduced a day after Republican Gov. Matt Bevin proposed spending cuts of more than 6 percent across most of state government. The post GOP Senator Offers Bill to Legalize Cannabis in Kentucky appeared first on Leafly. Read More: GOP Senator Offers Bill to Legalize CannabisContinue Reading
Canopy Growth became the first marijuana company in Canada to enlist a major Canadian bank to lead an equity-based funding, signaling a greater willingness by big financial institutions to provide financing to the nation’s cannabis businesses. Bank of Montreal subsidiary, BMO Capital Markets, and GMP Capital are co-leading the stock-purchase dealContinue Reading
New York’s governor is urging state lawmakers to provide funding to establish a commission that would study the feasibility of legalizing adult-use marijuana in the state. The study would explore recreational legalization’s health effects, economic impact, criminal justice impact and how recreational legalization by some of New York’s neighbors would affectContinue Reading
A handful of Canadian marijuana companies are already knee-deep in California, deploying millions of dollars in cultivation facilities, retail outlets and branded products to establish a footprint in the world’s largest marijuana market. Executives at the companies – whose shares trade on the Canadian Securities Exchange (CSE) – said they hopeContinue Reading
The Marijuana Justice Act — which seeks to deschedule cannabis and right the wrongs of the discriminatory War on Drugs — garnered 12 sponsors on day one. Today, Representative Barbara Lee (D-CA) and about a dozen co-sponsors introduced the Marijuana Justice Act of 2017 to the U.S. House of Representatives, pushingContinue Reading
As timberland converts to cannabis, spotted owls and barred owls test positive for rat poison. Wildlife species are being exposed to high levels of rat poison in northwest California, with illegal marijuana farms the most likely source point, according to a study led by the University of California, Davis, withContinue Reading
A New York-based marijuana investment company used cash and its Canadian-listed shares to fund a $48 million acquisition of a licensed medical marijuana business in Florida. iAnthus Capital Holdings, an investor in U.S. marijuana businesses, bought Florida’s GrowHealthy Holdings for $30.5 million in stock and $17.5 million in cash. GrowHealthy andContinue Reading
The bill would remove cannabis from the Controlled Substances Act and start to repair the damage from the war on drugs. The post Lee & Khanna Sponsor House Version of the Marijuana Justice Act appeared first on Leafly. Read More: Lee & Khanna Sponsor House Version of theContinue Reading
