Month: March 2022

PRESS RELEASE CHICAGO, IL (MARCH 31, 2022) – Cannabis Facility Construction (CFC), a national, full-service, cannabis design-build construction firm, recently completed construction on a new 3,400-square-foot Bloc Dispensary for Justice Cannabis Co. at 2093 Smizer Station Road in Valley Park, Missouri. New 3,400-square-foot Bloc Dispensary designed by Cannabis Facility Construction for Justice Cannabis in Valley

Cannabis stocks climbed, then drifted in the days leading up to a House of Representative vote due this week on a bill to remove marijuana from the list of so-called controlled substances, effectively decriminalizing it. But policy experts, cannabis investors and at least one member of Congress agree: Don’t hold your breath on federal legalization

A Missouri House committee on Thursday narrowly approved a GOP-led bill to tax and regulate adult-use marijuana in the state. The legislation from Rep. Ron Hicks (R), titled the “Cannabis Freedom Act,” cleared the House Public Safety Committee in a 5-4 vote, with amendments. It now heads to the Rules Committee before it could potentially

South Carolina lawmakers on Thursday approved a Senate-passed bill to legalize medical marijuana in the state. A subcommittee of the House Medical, Military, Public and Municipal Affairs Committee advanced the measure, sponsored by Sen. Tom Davis (R), in a unanimous vote after adopting a couple of amendments. Now it will move to the full committee,

New York legislative leaders have filed budget proposals that include language to let marijuana businesses take state tax deductions that are available to other industries despite an ongoing federal ban. Both the Assembly and Senate budget measures that are expected to pass in advance of an April 1 deadline seek to carve out an exemption

AFTER a delay of exactly one year the long-awaited Public List of validated UK CBD products has been published by the Food Standards Agency. This shows that around some 3,500 products are still permitted for sale in the UK – with ‘many thousands’ more now no longer allowed. The initial deadline for the publication of

In the 2022 South Dakota legislative session, lawmakers introduced 47 bills dealing with the legalization, regulation, and taxation of marijuana. On Wednesday cannabis groups released their report card on individual lawmakers and how they voted on marijuana issues. The report cards show that 10 house members and 4 senators got A-plus regarding their support and

by Johnathan Bench, Attorney at Harris Bricken Previously we wrote about equity compensation for cannabis employees from the perspective of companies. We have been dealing with more and more companies adding equity to their overall compensation scheme, so now is a good time to revisit it from the employee perspective. For an overview of the

Secondhand cannabis smoke (SHCS) is a novel exposure source uncharacterized in homes but containing known health risk factors.1 Although 27% of young adults believe SHCS exposure is safe,2 cannabis smoke has several hundred toxic chemicals, carcinogens, and fine particulate matter (PM2.5), many at higher concentrations than tobacco smoke.1 Decades of secondhand tobacco smoke (SHTS) research

Vermont has started taking prequalification applications from potential marijuana growers, retailers, product manufacturers and others as it prepares for a retail cannabis market to open this fall. As of midday on Tuesday, 427 had applied for prequalification, including 66 potential retailers, according to James Pepper, chair of the state’s Cannabis Control Board. The application process

Legalization bill amendments; MI psychedelics ballot petitions; MD marijuana bill changes; NY voters oppose cannabis conviction licensing priority Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know which cannabis stories are shaping the day. Your support makes Marijuana Moment possible… Free to read (but

Legalization bill amendments; MI psychedelics ballot petitions; MD marijuana bill changes; NY voters oppose cannabis conviction licensing priority Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know which cannabis stories are shaping the day. Your support makes Marijuana Moment possible… Free to read (but

As federal marijuana banking reform continues to stall in Congress, a Pennsylvania Senate committee on Wednesday approved a bipartisan bill to safeguard banks and insurers against being penalized by state regulators for working with state-legal medical marijuana businesses. The Senate Banking & Insurance Committee unanimously approved the legislation, which is sponsored by the panel’s chair

by Brian Mayfield and Adam Benko A friend in need is a friend indeed, especially in the weed industry. It’s easy for cannabis founders to get overwhelmed after obtaining their coveted business license. Building any business is a juggling act, but starting a cannabis company is further complicated by the myriad regulatory agencies, compliance standards and

A key House committee on Wednesday formally advanced a bill to federally legalize marijuana to the floor, making in order a number of amendments and blocking others as part of a final rule. A full chamber vote is expected on Friday. The House Rules Committee took up the Marijuana Opportunity, Reinvestment and Expungement (MORE) Act,

A key House committee on Wednesday formally advanced a bill to federally legalize marijuana to the floor, making in order a number of amendments and blocking others as part of a final rule. A full chamber vote is expected on Friday. The House Rules Committee took up the Marijuana Opportunity, Reinvestment and Expungement (MORE) Act,

As the House prepares to vote on a bill to federally legalize marijuana this week, lawmakers from both major parties have continued to file amendments that will be taken up by the House Rules Committee on Wednesday before the legislation reaches the floor. Most of the proposed revisions to the Marijuana Opportunity, Reinvestment and Expungement

As the House prepares to vote on a bill to federally legalize marijuana this week, lawmakers from both major parties have continued to file amendments that will be taken up by the House Rules Committee on Wednesday before the legislation reaches the floor. Most of the proposed revisions to the Marijuana Opportunity, Reinvestment and Expungement

Georgia lawmakers on Tuesday advanced a bipartisan resolution that calls for the formation of a House study committee to investigate the therapeutic potential of psychedelics like psilocybin and make recommendations for reforms. The legislation, sponsored by House Appropriations Public Safety Subcommittee Chairman Bill Hitchens (R), was taken up by the House Defense And Veterans Affairs

Investor optimism over the possibility of federal cannabis legalization has contributed to a strong rally in beaten-down pot stocks. The Alternative Harvest ETF has gained more than 10% in March, and its on pace for its best month since February 2021. The exchange-traded fund was just about flat year to date but down 50% over the

Though medical marijuana has officially been legal in South Dakota since July 1, 2021, access through the state program may be a challenge. As of March 29, 2022, the Department of Health (DOH) reports that only 90 South Dakota doctors have been approved to prescribe medical marijuana to their patients. According to state rules, a

PRESS RELEASE   Transformative transaction will include one of only 10 vertically integrated licences in New York and four active dispensaries with plans to bolster operations in advance of adult-use market Names Mark Sims, former SVP of Strategy and M&A for the Scotts Miracle-Gro Company, as President and CEO The Hawthorne Collective to advance an additional

Legalization bill amendments; MI psychedelics ballot petitions; MD marijuana bill changes; NY voters oppose cannabis conviction licensing priority Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know which cannabis stories are shaping the day. Your support makes Marijuana Moment possible… Free to read (but

Georgia lawmakers on Tuesday advanced a bipartisan resolution that calls for the formation of a House study committee to investigate the therapeutic potential of psychedelics like psilocybin and make recommendations for reforms. The legislation, sponsored by House Appropriations Public Safety Subcommittee Chairman Bill Hitchens (R), was taken up by the House Defense And Veterans Affairs

Georgia lawmakers on Tuesday advanced a bipartisan resolution that calls for the formation of a House study committee to investigate the therapeutic potential of psychedelics like psilocybin and make recommendations for reforms. The legislation, sponsored by House Appropriations Public Safety Subcommittee Chairman Bill Hitchens (R), was taken up by the House Defense And Veterans Affairs

Georgia lawmakers on Tuesday advanced a bipartisan resolution that calls for the formation of a House study committee to investigate the therapeutic potential of psychedelics like psilocybin and make recommendations for reforms. The legislation, sponsored by House Appropriations Public Safety Subcommittee Chairman Bill Hitchens (R), was taken up by the House Defense And Veterans Affairs

A top executive of the national prohibitionist group Smart Approaches To Marijuana (SAM) is launching a new political action committee (PAC), targeting pro-legalization candidates and supporting those who oppose the policy in key races. And one of the super PAC’s first targets is a freshman GOP congresswoman who is sponsoring her own bill to federally

A top executive of the national prohibitionist group Smart Approaches To Marijuana (SAM) is launching a new political action committee (PAC), targeting pro-legalization candidates and supporting those who oppose the policy in key races. And one of the super PAC’s first targets is a freshman GOP congresswoman who is sponsoring her own bill to federally

Two tribal communities have been reassured they’ll be able to take part in New Mexico’s marijuana market opening in April without the threat of federal law enforcement interference on tribal land, according to agreements with state cannabis regulators signed on Friday. The agreements outline plans for cooperative oversight of cannabis production and sales in the

The Arizona Department of Health Services will hold a drawing next week for social equity marijuana establishment licenses. 1,500 people applied for 26 licenses. The social equity licenses are required by the same ballot measure that legalized marajuana in 2020. Jonathan Udell is with Arizona NORML, an organization that helps people navigate the expungement provisions