Day: September 18, 2019 (Page 2)

Chicago’s mayor wants the city to ban recreational marijuana stores in the central business district, a move that could hurt sales downtown. The bans are in zoning rules proposed this week by Mayor Lori Lightfoot, a Democrat. The “exclusion” zones also would prohibit adult-use MJ sales within 500 feet ofContinue Reading

Nevada regulators launched an investigation into cannabis testing labs after tainted marijuana batches triggered two health advisories. The Las Vegas Review-Journal reported the Department of Taxation started the investigation after discovering potentially doctored THC levels by cannabis laboratories and products with high levels of yeast and mold on store shelves.Continue Reading

The word on the street is that Congress is set to finally take action on legislation in the coming weeks that will allow banks to do business with the cannabis industry. It is known as the SAFE Banking Act, a measure that has attracted bipartisan support, and is quite possibly,Continue Reading