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Washington To Diversify Marijuana Industry Through Social Equity
Wednesday, February 12, 2020 - 2:06pm | 707Representative Eric Pettigrew (D) introduced a bill in the Washington Legislature that establishes a social equity program for retail cannabis licenses. Under the bill, the Washington Liquor and Cannabis Board will provide social equity applicants with priority to unused retail cannabis licenses....
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Opinion: New York's Cannabis Bill Is Not Going To Work
Tuesday, February 4, 2020 - 3:33pm | 1236Governor Cuomo’s FY 2021 budget included a bill that will create a legal cannabis industry in New York. The Cannabis Regulation and Taxation Act is a progressive bill that will be controversial in this politically divided state. Over three-fifths of New York’s population lives...
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California Bill Requires Cities To Open Medical Cannabis Stores
Tuesday, January 28, 2020 - 5:10pm | 393Assembly Member Ting brought new life back into a bill that will require California cities that voted for Proposition 64 to open medical cannabis stores. Assembly Member Ting stopped AB-1356 during the last legislative session after the League of California Cities opposed the bill. The...
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New Mexico Medical Marijuana: Upcoming Rulemaking Meeting Sets The Stage For Adult-Use Legalization
Tuesday, January 14, 2020 - 1:13pm | 682The New Mexico Department of Health will hold a public meeting on January 16, 2020 to discuss changes to the medical cannabis program. The regulatory changes are mandated by Senate Bill 406, which was enacted last year. The amendments enhance consumer protections, provide reciprocity...
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SEC Slaps Colorado Cannabis Stock Promoter With $4.1M Fine
Thursday, December 12, 2019 - 12:20pm | 637The SEC fined a cannabis stock promoter, Jeffrey O. Friedland, over $4.1 million for failing to disclose that his ownership interests in OWC Pharmaceutical Research Corp (OTC: OWCP), an Israeli medical marijuana company, to investors. The SEC also banned Friedland from participating in any future...
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The Unregulated CBD Industry Is A Relic Of The Past
Tuesday, November 26, 2019 - 12:35pm | 710The US Food and Drug Administration issued a statement yesterday warning the public about the dangers of using CBD including liver injury, drug interactions, and possible male reproductive toxicity. The FDA also stated that, due to the lack of information about CBD, it will use scientific...
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Is Your Business Ready for the PG&E Power Outages?
Wednesday, October 30, 2019 - 4:30pm | 521The California Department of Public Health informed cannabis businesses impacted by the PG&E power outage that they can continue operating with a few caveats. Businesses that lose access to CCTT-Metrc, the state’s inventory tracking system, must update the system within three (3) days of...
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Want To Apply For An Illinois Cannabis Store License? Start With This List Of To-Do's
Thursday, September 5, 2019 - 2:27pm | 820The Illinois Department of Financial and Professional Regulation announced the recipients of the first adult-use retail licenses last week. The five (5) same site adult-use licensees currently operate medical marijuana dispensary operations in Mundelein, Naperville, Joliet, Canton, and...
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California Legislature Fails To Legalize CBD Products In 2019
Wednesday, September 4, 2019 - 4:00pm | 640The California Senate Appropriations Committee failed to move AB-228 out of the committee during its final hearing of the 2019 legislative session on August 30, 2019. The Committee’s action means that the sale of CBD products will remain illegal in California until at least the 2020...
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Vape Product Manufacturers Pose A Huge Risk To Cannabis Brands
Tuesday, August 20, 2019 - 1:33pm | 970The New York State Department of Health issued a health advisory to inform state residents that using vaping products that contain THC can be dangerous. New York indicated that ten (10) residents between the ages of 18 - 49 were hospitalized after they used vaping products that contained THC...
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Want To Avoid CannTrust's Fate? Adopt These 5 Good Governance Practices
Wednesday, August 14, 2019 - 12:54pm | 1000CannTrust Holdings Inc (NYSE: CTST) announced this week that Health Canada is investigating compliance violations at its manufacturing facility in Vaughan, Ontario. The company’s board of directors has initiated an internal investigation to determine the root cause of the problem and...
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RegTalk: Will Your Business Receive A Missouri Medical Marijuana License?
Tuesday, August 6, 2019 - 4:45pm | 657The Missouri Department of Health and Senior Services is accepting applications for medical marijuana facilities through August 17, 2019. More than 600 businesses have submitted pre-filed application forms and nonrefundable fees with the state. Missouri will award 348 available licenses across 8...
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RegTalk: New York State Bans CBD Infused Food And Beverages
Tuesday, August 6, 2019 - 4:42pm | 479The New York State Department of Agriculture issued a letter warning food license and dairy permit holders that they may face enforcement actions for manufacturing or selling CBD infused food and beverages. The DOA’s letter will have a significant impact as many smoke shops, bodegas and...
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RegTalk: What Public Data Reveals About Oklahoma's Cannabis Industry
Tuesday, July 23, 2019 - 4:35pm | 886Medical cannabis programs are expanding as state regulators increase the number and types of conditions that qualify persons for medical cannabis, especially in that states that approve anxiety or general pain management as qualifying conditions. As the number of patients increases, the production...
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RegTalk: California And Industrial Hemp Challenge - Agricultural Commodity Or Cannabis
Monday, July 22, 2019 - 8:54am | 696The California Department of Food and Agriculture established an industrial hemp program for the registration of industrial hemp cultivators. Under the program, applicants must contact a local county agricultural commissioner to register for the program and abide by any local restrictions....