Category: Regulation

Alaska governor brings back marijuana advocate to state board

Alaska Gov. Mike Dunleavy is bringing back a marijuana advocate to the state cannabis regulatory board, a move welcomed by an industry that successfully fought his attempt to install an MJ critic. Dunleavy’s office said he appointed Bruce Schulte to the Marijuana Control Board. Schulte was involved in the 2014 initiative that legalized adult-use marijuana […]

New Mexico limits medical cannabis growers to 1,750 plants

Regulators in New Mexico will cap licensed medical marijuana cultivators to 1,750 mature cannabis plants starting next week, a 30% drop from the 2,500 plants allowed under an expiring emergency state rule. Some cultivators such as Ultra Health, the largest MMJ operator in the state, said the plant limit will exacerbate a medical marijuana shortage […]

Weedmaps to end its ads for illicit cannabis, FBI probes MJ industry, MO licensing odds & more

Weedmaps plans to cease advertising unlicensed cannabis retailers, the FBI looks into public corruption in the legal marijuana industry, Missouri receives more than 2,000 medical marijuana applications – and more of the week’s top cannabis business news. Weedmaps to stop advertising unlicensed businesses The influential marijuana site Weedmaps, which is one of the most popular […]

Utah lawmakers consider ditching state-run medical cannabis system

Published 3 mins ago Utah legislators are drafting a proposal to scrap a planned state-run medical marijuana dispensary system and instead increase the number of private facilities, which would boost business opportunities and sales. Lawmakers are considering the change after facing pressure from county attorneys who said the system put public employees at risk of being […]

FBI scrutiny of corruption in US cannabis industry welcomed by some, scorned by others

Marijuana stakeholders are not surprised concerns about corruption in the industry have made it to the FBI’s headquarters in Washington DC. The FBI’s announcement that it is probing public corruption in the legal marijuana industry has stirred up strong reactions among cannabis insiders. While some complain the FBI’s scrutiny is another example of how the […]

Michigan offers application help to adult-use marijuana businesses

Published 1 min ago Michigan regulators are hosting a series of educational sessions in September for potential recreational cannabis business applicants, with online applications starting Nov. 1. The five sessions are designed to demonstrate the online business license application process. Under Michigan’s adult-use marijuana law, local jurisdictions decide whether to permit or ban commercial rec […]

Missouri gets 2,000-plus medical marijuana applications

Published 2 mins ago Missouri regulators received roughly 2,100 applications for up to 348 medical cannabis licenses. More than 1,200 applications arrived in the past three days, including 800 in the 24 hours leading up to the extended deadline, according to state officials. The deadline was extended from Saturday until 4:30 p.m. CT Monday. Here are […]

Louisiana medical cannabis supplies adequate, state says

Published 2 hours ago Louisiana medical marijuana dispensaries aren’t reporting any supply shortages or other problems two weeks after patients began receiving products. That was the consensus Monday from state regulatory officials at a meeting to update MMJ supporters about the progress of Louisiana’s program. John Davis, an executive with GB Sciences Louisiana, one of two […]

Recreational cannabis tax revenue remains volatile

Tax revenues generated by the legal recreational marijuana industry are highly unpredictable because of the lack of reliable data, according to a report released Monday by The Pew Charitable Trusts, an independent nonprofit organization. Uncertainties regarding sales, prices and demand make projections difficult, according to the report. The study focuses on why states need to […]

As cannabis industry grows, opportunities in testing rise

Published 1 min ago | By Codie Sanchez (This article is part of MJBizDaily’s premium subscription service, Investor Intelligence.) The U.S. cannabis industry has been experiencing rapid growth over the past decade due to changing public attitudes and legislative changes at both the state and federal level. Given the skyrocketing demand for cannabis and its […]