The marijuana advocacy world just got another player: The National Hispanic Cannabis Council. The organization launched Thursday. According to a news release, the Denver-based group will be run by “Hispanic business leaders, legal professionals a…
National Medical Cannabis Business & Marijuana Legal News
US marijuana reform a ‘tall order’ for Congress, new MJ coalition chief says
The executive director of a newly formed alliance of business interests dedicated to influencing marijuana regulations believes full federal legalization remains years away and that it will be a “tall order” for the current Congress to get …
New marijuana group, including tobacco and alcohol firms, pushes for reform
The major stakeholders pushing Congress to enact sweeping federal marijuana reform just got bigger with the formation of a new band of businesses and industry experts who believe legalization is a foregone conclusion and that the real prize will be sha…
Garland’s confirmation as AG could change Feds’ marijuana views
President Joe Biden’s pick for U.S. attorney general, Merrick Garland, was confirmed easily by a 70-30 vote in the Senate on Wednesday, a development that was cautiously hailed by two marijuana advocacy groups.
Garland’s confirmation as AG could …
Attorney general nominee Garland signals friendlier marijuana stance
The U.S. marijuana industry will likely have a friendlier attorney general if President Joe Biden’s pick, Merrick Garland, is confirmed as the head of the Department of Justice – based on comments the federal judge made Monday during his co…
Washington DC could see long-delayed start to recreational cannabis sales, new medical opportunities
Washington DC’s long-stalled recreational cannabis market could get a new lease on life now that Democrats control both chambers of Congress, a development that could generate more than $200 million in annual sales for local marijuana retailers i…
Marijuana grow facility designer Urban-Gro goes public on Nasdaq
Marijuana cultivation facility design and engineering firm Urban-Gro priced an initial public offering on the Nasdaq exchange to raise $54 million before expenses. The IPO put up 5.4 million shares of the Lafayette, Colorado-based company at a price of…
Senate Majority Leader Schumer’s marijuana reform push embraced, but stiff challenges await
Senate Majority Leader Chuck Schumer’s commitment to make federal marijuana reform a priority sent cannabis stocks surging last week and thrilled advocates, but experts caution that high hurdles persist for comprehensive legislation to pass Congress. W…
Former Obama official joins National Cannabis Roundtable
A former member of President Barack Obama’s cabinet has joined forces with a national cannabis trade association, adding yet more political star power to a marijuana-reform advocacy group. Kathleen Sebelius, the secretary of the U.S. Department o…
Market for licensed marijuana businesses heats up as buyers snap up retail stores, other properties
The market for buying and selling licensed cannabis businesses has perhaps never been hotter, with demand fueled by new entrants into the industry, hopes for federal marijuana reform and multistate operators keen to expand their footprint. On the flip …