Tag: marijuana

Webinar to look at product preferences among marijuana consumers

Product preferences among cannabis consumers across the country will be the focus of a free webinar that Marijuana Business Daily is presenting Tuesday, May 26. MJBizDaily‘s data editor, Eli McVey will speak, with Nancy Whiteman, CEO of Boulder, Colorado-based edibles company Wana Brands, and Liz Conners, data analyst for Seattle-based Headset. The three will discuss […]

Portland, Maine, OKs recreational marijuana, caps store licenses at 20

Portland, Maine, has opted into the state’s recreational marijuana industry with plans that call for 20 retail licenses and a scoring bonus for applicants who have been residents for at least five years. The City Council of Maine’s biggest city voted 8-1 to approve the proposed licensing ordinance after more than a year of deliberations, […]

Colorado marijuana security firm appeals to US Supreme Court over overtime pay

A cannabis security company based in Colorado has petitioned the U.S. Supreme Court to review a lower-court decision requiring state-legal marijuana businesses to adhere to federal labor laws such as overtime pay. In its petition, Helix TCS argues that a ruling last September by the U.S. Court of Appeals for the 10th Circuit in Denver […]

House adds marijuana banking to relief bill

The U.S. House of Representatives approved legislation allowing banks to serve cannabis companies by wrapping the measure into a $3 trillion coronavirus economic relief package. The massive economic stimulus bill, proposed by House Democrats, includes language from the SAFE Banking Act, which was previously approved by the House last September and is aimed at guaranteeing […]

Missouri bans certain shapes of medical marijuana edibles

Missouri lawmakers passed a bill that forbids the sale of medical cannabis edibles that could attract children and also tightens criminal background checks for those who work in the state’s MMJ industry. It’s unclear how much of an impact the measure will have. Missouri’s medical marijuana sales were expected to start in the spring, but […]

Marijuana firms aim to leverage ‘essential business’ status amid COVID-19 economic slide

(Scroll down to participate in a poll and share your thoughts about how the COVID-19 crisis might impact future cannabis industry regulatory relief.) Cannabis businesses declared essential during the coronavirus outbreak are hoping to leverage newly allowed flexibility such as curbside pickup and home delivery into permanent ways of doing business. They also believe this […]

Marijuana lobbying group announces leadership changes

The National Cannabis Roundtable, one of the industry’s leading advocates for federal marijuana reform, appointed Cresco Labs CEO Charlie Bachtell as its new chair. Bachtell replaces Acreage Holdings CEO Kevin Murphy, who had served as chair since NCR kicked off in early 2019. John Boehner, former speaker of the U.S. House of Representatives, will continue […]

Missouri lawmakers push for more medical marijuana licenses

A group of Missouri lawmakers wants to substantially increase the number of medical cannabis business permits for the market, arguing the state imposed an arbitrary cap that resulted in a disastrous licensing round. The legislative effort reflects strong criticism of the state’s handling of license applications as well as the decision to issue the minimum […]

Coronavirus affects medical and recreational marijuana launches, licensing

COVID-19 has delayed medical and recreational cannabis launches and licensing rounds around the U.S. in the short term as state and local jurisdictions scramble to complete the tasks and paperwork necessary for marijuana programs to move forward. Marijuana Business Daily’s Jeff Smith reviews the delays occurring in Maine, Illinois and Missouri in the video below. Source […]