Blog

Feb 22
Local Bank To Become First To Fully Serve Guam’s Cannabis Industry

Bank of Guam announced in a press release on Wednesday that the launch of “Cannabis Banking” will give it a “platform [to allow] cannabis clients the ability to share data from their day-to-day business activities, such as sales, inventory and required licensing documentation.”  According to The Guam Daily Post, “Cannabis Banking” will make the institution […]

Feb 22
Oklahoma Seeks To Ban Foreign Land Ownership Under New Bill

A newly introduced bill seeks to ban foreign ownership of land in Oklahoma in an attempt to curb illegal cannabis cultivation. House Bill 3125 was introduced to the Oklahoma House of Representatives earlier this month, and most recently on Feb. 19 it was recommended to the full Appropriations and Budget Natural Resources Subcommittee. HB-3125 is […]

Feb 22
Utah Bill Targets Cities That Refuse To Recognize Medical Pot

Two influential Utah state lawmakers have joined forces to advance legislation that would cut funding to cities that refuse to recognize medical marijuana as a legitimate medical therapy.  Utah voters approved the medical use of cannabis in a 2018 ballot measure that passed with nearly 53% of the vote. Following the passage of the initiative, […]

Feb 22
Jamaica Company Ships 1st Legal Exports of THC to United States For DEA Testing

Pure Jamaican elevates Jamaica as a global provider of legal cannabis with pharmaceutical THC product exports to the U.S. and Brazil.

Feb 22
Ascend Wellness Executes Agreement to Acquire 2nd Cultivation License in Massachusetts

The deal includes a 54,000-square-foot facility in Amesbury and is now pending regulatory approval.

Feb 22
Behind DEA’s 1975 Admission That Rescheduling Cannabis Does Not Violate International Treaty

The DEA’s refusal to reschedule cannabis nearly 50 years ago derived from HHS predecessor’s failure to recognize its medical value, not a 1961 treaty.

Feb 21
Surrounding states have legalized marijuana. Idaho lawmaker suggests this instead

Despite legalization adjacent to Idaho’s borders and in many states around the country, Idaho lawmakers are considering heightened penalties for people charged with marijuana possession. House Bill 606 would add… The post Surrounding states have legalized marijuana. Idaho lawmaker suggests this instead appeared first on Cannabis Business Executive – Cannabis and Marijuana industry news.

Feb 21
New California Cannabis Dashboards Shed Light on Harvest Trends, Retail Prices, Sales

The state’s Department of Cannabis Control launched the public data site to provide useful intel for industry stakeholders.

Feb 21
New Adult-Use Cannabis Business Licenses Approved in New York

The New York Cannabis Control Board (CCB) met on Feb. 16 and voted on a few new cannabis draft rules, including cultivation and research, and also announced the first round of adult-use licenses. The CCB approved a regulation proposal describing potential plant limits and possession amounts, the Feb. 16 meeting kicked off with a 60-day […]