New Mexico lawmakers postponed a Senate floor vote on a recreational marijuana legalization bill as the regular legislative session ended Saturday, but the measure may be headed to a special session. Lawmakers didn’t make the Saturday noon deadline for…
Marijuana Legalization and Regulatory News for Cannabis Businesses
OK federal judge tosses marijuana residency suit, but issue unresolved
A federal judge in Oklahoma rejected a lawsuit challenging the state’s residency requirement for medical marijuana business owners, but the decision doesn’t resolve the issue. U.S. District Judge Stephen Friot based his March 17 decision on the federal…
US House will again consider cannabis banking reform
A cannabis banking reform bill was reintroduced in the U.S. House of Representatives on Thursday, according to congressional staffers.
US House will again consider cannabis banking reform is a post from: Marijuana Business Daily: Financial, Legal &…
California’s provisional marijuana licensing crisis resurfaces, possibly disrupting thousands of MJ companies
For the third time in less than four years, California lawmakers are revisiting the state’s marijuana licensing program, ostensibly to give businesses and regulators more time to get permits processed while allowing the industry to keep functioni…
Missouri revokes licenses of overdue medical cannabis operators
Missouri medical cannabis regulators are revoking the licenses of some businesses that haven’t met their one-year cutoffs to open and didn’t receive extensions. Permits revoked so far include a handful of marijuana manufacturing, transport and testing …
Regulators crack down on Michigan credit union’s marijuana banking
An independent federal agency cited a Michigan credit union for failing to comply with marijuana banking regulations and ordered the financial institution to stop opening new cannabis accounts. American Banker reported that the case involving Live Life…
How a year of COVID-19 forced positive change for cannabis retailers
Despite challenges such as rapid regulatory change, shifting public-health demands and economic uncertainty, cannabis retailers say the first year of the COVID-19 pandemic has driven beneficial changes to their business models and motivated regulators …
The three degrees of marijuana legalization in the United States
In America, well over nine out of 10 inhabitants live in a place where marijuana is legal to some degree.
The three degrees of marijuana legalization in the United States is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness ne…
How ‘essential’ transformed the US marijuana industry amid the COVID-19 pandemic
During the tumultuous weeks and months of the past year, a nine-letter word emerged as a game changer for the nation’s legal marijuana industry: “essential.” It began about a week after the World Health Organization on March 11 declar…
Ohio high court orders state to act on medical marijuana cultivation expansion
The Ohio Supreme Court told state regulators that they can’t just ignore applications to expand medical marijuana cultivation facilities. In an eight-page decision, Ohio’s highest court ordered regulators to either approve or deny Fire Rock’s app…