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US cannabis firms could gain from Canadian Securities Exchange plan

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Massachusetts closes marijuana dispensary after owner posts threatening video

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Paychex ceasing direct deposits, other services to cannabis firms

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Maryland Senate Passes Marijuana Sales Bill, With Lawmakers Now Set To Reconcile Differences From House Version

The Maryland Senate passed a bill to regulate marijuana sales on Friday as the state prepares for the launch of legalization on July 1. Bicameral lawmakers will now work to resolve the measure’s differences with a separate version of the legislation that was approved by the House of Delegates earlier this month. The Senate bill […]

The post Maryland Senate Passes Marijuana Sales Bill, With Lawmakers Now Set To Reconcile Differences From House Version appeared first on Marijuana Moment.

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Germany Will Move Forward With Scaled-Back Marijuana Reform Plan Amid EU Review

German officials are planning to proceed with a scaled-back version of cannabis legalization, having abandoned—at least for now—a more sweeping proposal that would have ushered in legal cannabis sales across the country. The country’s health minister, Karl Lauterbach, had pledged to unveil new cannabis legislation by the end of the first quarter of the year. […]

The post Germany Will Move Forward With Scaled-Back Marijuana Reform Plan Amid EU Review appeared first on Marijuana Moment.

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Bipartisan Congressional Bill Would Force DEA To Let Patients Use Psychedelics And Marijuana

A bipartisan group of congressional lawmakers filed a bill this week to clarify that federal “Right to Try” (RTT) laws give seriously ill patients access to Schedule I drugs, including marijuana and psychedelics like psilocybin and MDMA. While the bipartisan measure would make a technical amendment to the text of existing law, the primary purpose […]

The post Bipartisan Congressional Bill Would Force DEA To Let Patients Use Psychedelics And Marijuana appeared first on Marijuana Moment.

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Montana Senators Kill Bill To Eliminate Recreational Marijuana Dispensaries And Limit THC Potency

“I’m really nervous about undoing the people’s will. That really concerns me.” By Max Savage Levenson, Montana Free Press On Thursday, one day after an impassioned hearing on Senate Bill 546, the Senate Business, Labor and Economic Affairs Committee voted 6-4 to table the bill. SB 546, sponsored by Sen. Keith Regier, R-Kalispell, would have dramatically altered […]

The post Montana Senators Kill Bill To Eliminate Recreational Marijuana Dispensaries And Limit THC Potency appeared first on Marijuana Moment.

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Kentucky Governor Signs Medical Marijuana Legalization Bill Into Law

The governor of Kentucky has signed a bill to legalize marijuana, making the state the 38th in the U.S. to enact the reform. Just one day after the House approved the legislation from Sen. Stephen West (R), Gov. Andy Beshear (D) fulfilled his pledge to sign in into law on Friday. The governor had rallied […]

The post Kentucky Governor Signs Medical Marijuana Legalization Bill Into Law appeared first on Marijuana Moment.

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Connecticut Lawmakers Approve Bill To Decriminalize Psilocybin In Joint Committee Vote

A Connecticut bill to decriminalize the possession of small amounts of psilocybin mushrooms passed a legislative committee on Wednesday. The measure would make possession of up to half an ounce of psychedelic mushrooms a civil infraction, punishable by a $150 fine. Subsequent violations would carry fines of between $200 and $500. People found guilty three […]

The post Connecticut Lawmakers Approve Bill To Decriminalize Psilocybin In Joint Committee Vote appeared first on Marijuana Moment.

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KY medical cannabis on gov’s desk (Newsletter: March 31, 2023)

Vets medical marijuana bill in Congress; DC officials slam fed legalization interference; MN cannabis bill tax changes; WA employment protections 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… Your good […]

The post KY medical cannabis on gov’s desk (Newsletter: March 31, 2023) appeared first on Marijuana Moment.

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Suspect unions’ effort to evade state law could hurt marijuana workers

Cannabis businesses in California and on the East Coast are evading worker-friendly licensing requirements by obtaining state business permits after signing deals with “labor organizations” that appear to be illegitimate “company unions,” documents and interviews show.

Suspect unions’ effort to evade state law could hurt marijuana workers is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Minnesota Marijuana Legalization Bill Clears 14th House Committee, With Revised Tax Rate And New Fiscal Note

A 14th Minnesota House committee has approved a bill to legalize marijuana, after members adopted a large-scale amendment to overhaul various tax provisions of the legislation. The House Taxes Committee passed the measure from Rep. Zack Stephenson (D) in a voice vote on Thursday. Members also received a much-anticipated fiscal note and revenue projection ahead […]

The post Minnesota Marijuana Legalization Bill Clears 14th House Committee, With Revised Tax Rate And New Fiscal Note appeared first on Marijuana Moment.

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Kentucky lawmakers OK medical cannabis legalization, send bill to gov

The Kentucky House on Thursday approved legislation legalizing medical cannabis, sending the bill to Democratic Gov. Andy Beshear for his expected signature.

Kentucky lawmakers OK medical cannabis legalization, send bill to gov is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Kentucky Medical Marijuana Legalization Bill Is One Step From Governor’s Desk, With Final Vote Imminent

The Kentucky House is one step away from sending a medical marijuana legalization bill to the governor, with members of a committee advancing it to the floor on Thursday for a final vote that is expected by the end of the day. The House Licensing, Occupations and Administrative Regulations Committee took up and passed the […]

The post Kentucky Medical Marijuana Legalization Bill Is One Step From Governor’s Desk, With Final Vote Imminent appeared first on Marijuana Moment.

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Marijuana financier Safe Harbor resolves $64.7 million debt

Colorado-based marijuana finance company SHF Holdings, which does business as Safe Harbor Financial, agreed to settle its $64.7 million debt with Partner Colorado Credit Union.

Marijuana financier Safe Harbor resolves $64.7 million debt is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Military Veterans Could Get Medical Marijuana Recommendations From Government Doctors Under New Bipartisan Congressional Bill

Bipartisan congressional lawmakers have refiled a bill to provide military veterans with access to medical marijuana. Reps. Brian Mast (R-FL) and Earl Blumenauer (D-OR), co-chairs of the Congressional Cannabis Caucus, are the chief sponsors of the Veterans Equal Access Act. The measure has been introduced several times in recent years with bipartisan support but has […]

The post Military Veterans Could Get Medical Marijuana Recommendations From Government Doctors Under New Bipartisan Congressional Bill appeared first on Marijuana Moment.

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Maryland Senate Advances Marijuana Sales Bill As State Prepares For Legalization

The Maryland Senate has advanced a bill to legalize marijuana sales to prepare the state for pending legalization, adopting a series of amendments ahead of a final vote in the chamber that’s expected soon. The legislation from Sens. Brian Feldman (D) and Antonio Hayes (D) passed on second reading in the Senate on Thursday, an […]

The post Maryland Senate Advances Marijuana Sales Bill As State Prepares For Legalization appeared first on Marijuana Moment.

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Curaleaf acquires Utah medical cannabis retailer for $20 million

New York-based Curaleaf Holdings is spending $20 million to acquire Deseret Wellness, the largest medical cannabis retailer in Utah.

Curaleaf acquires Utah medical cannabis retailer for $20 million is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Marijuana lender Sweet Leaf Madison Capital closes $100 million debt facility

Marijuana industry finance company Sweet Leaf Madison Capital closed a $100 million debt facility, which could be increased to $200 million.

Marijuana lender Sweet Leaf Madison Capital closes $100 million debt facility is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Oregon Lawmakers Propose Tweaks To Drug Decriminalization Law That Voters Approved

“We owe it to Oregonians to make sure that the voters that passed ballot measures are getting what they asked for in a more timely, transparent and accountable manner.” By Ben Botkin, Oregon Capital Chronicle Oregon lawmakers and providers who serve people with drug and alcohol addictions have a common goal: making the state’s decriminalization […]

The post Oregon Lawmakers Propose Tweaks To Drug Decriminalization Law That Voters Approved appeared first on Marijuana Moment.

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Washington Poised To Prohibit Pre-Employment Discrimination For Marijuana Use Following House Approval Of Senate Bill

Both chambers of the Washington State legislature have now passed legislation to prevent employers from discriminating against job applicants for marijuana use. The House of Representatives on Wednesday approved an amended version of SB 5123, which the state Senate passed late last month, in a vote of 57-41. “It makes no sense to limit our […]

The post Washington Poised To Prohibit Pre-Employment Discrimination For Marijuana Use Following House Approval Of Senate Bill appeared first on Marijuana Moment.

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D.C. Lawmakers Demand That Congress End Marijuana Legalization ‘Interference’ At House Committee Hearing

Top local officials from Washington, D.C. participated in a congressional hearing on Wednesday, sharply criticizing federal lawmakers over a policy that bars the District from legalizing and regulating marijuana sales. D.C. Council Chairman Phil Mendelson (D) told the House Oversight and Accountability Committee that “congressional interference” in local laws on issues like cannabis threatens the […]

The post D.C. Lawmakers Demand That Congress End Marijuana Legalization ‘Interference’ At House Committee Hearing appeared first on Marijuana Moment.

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DE gov dodges cannabis veto question (Newsletter: March 30, 2023)

KY medical marijuana vote; Congressman presses FDA on CBD; HI/MO/WA psychedelics developments; VA gov’s hemp amendment; State kratom bills 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… Before you dig […]

The post DE gov dodges cannabis veto question (Newsletter: March 30, 2023) appeared first on Marijuana Moment.

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Opinion: How craft cannabis producers can survive economic headwinds

Cannabis businesses can use automation, energy audits and cooperative purchasing to handle economic downturns.

Opinion: How craft cannabis producers can survive economic headwinds is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Washington House Panel Amends Psilocybin Research Bill To Add Patient Access Provisions Back In

A House committee in Washington State has amended and approved a psilocybin bill—inserting some therapeutic access provisions back into the legislation after the Senate had stripped it down to focus on research only The amendment, from Rep. Nicole Macri (D), was approved on a voice vote Wednesday by the House Health Care and Wellness Committee. […]

The post Washington House Panel Amends Psilocybin Research Bill To Add Patient Access Provisions Back In appeared first on Marijuana Moment.

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Kentucky House Advances Medical Marijuana Legalization Bill, With Vote On Final Passage Expected Thursday

A Senate-passed bill to legalize medical marijuana in Kentucky moved closer to being enacted into law following a procedural step in the House of Representatives on Wednesday. The House advanced the measure from Sen. Stephen West (R) on second reading one day before the end of the legislative session. It must clear the House Licensing, […]

The post Kentucky House Advances Medical Marijuana Legalization Bill, With Vote On Final Passage Expected Thursday appeared first on Marijuana Moment.

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Missouri House Advances Therapeutic Psilocybin Legalization And Research Bill

The Missouri House is one step closer to passing a bill that would legalize psilocybin therapy for certain patients while promoting research into the psychedelic and expanding the scope of the state’s existing “Right to Try” law for seriously ill people. The bill from Rep. Dan Houx (R) has moved through several committees, and now […]

The post Missouri House Advances Therapeutic Psilocybin Legalization And Research Bill appeared first on Marijuana Moment.

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GOP Congressman Says FDA’s Lack Of CBD Regulations Is ‘Disrupting Public Confidence’ In The Agency

A Republican congressman told the head of the Food and Drug Administration (FDA) on Wednesday that the agency’s failure to enact regulations for CBD is one of several problems that is “disrupting public confidence” in its abilities. Rep. Andy Harris (R-MD) said during a House Appropriations subcommittee hearing that “controversies swirl around the agency.” One […]

The post GOP Congressman Says FDA’s Lack Of CBD Regulations Is ‘Disrupting Public Confidence’ In The Agency appeared first on Marijuana Moment.

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Court lifts injunction preventing marijuana retail licensing in New York

A federal court has opened up retail licensing in Brooklyn and other areas of New York state after an injunction halted licensing for dozens of applicants for months.

Court lifts injunction preventing marijuana retail licensing in New York is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Hawaii Health Department Says Legalizing Psychedelics Is A ‘More Meaningful’ Step Than Creating A Study Group

The Hawaii Department of Health (DOH) says that it would be prudent for the state to legalize certain psychedelics like psilocybin and MDMA to prepare for a likely federal policy change allowing their use for medical treatment. At a hearing before the Senate Health and Human Services Committee last week, DOH testified on a pair […]

The post Hawaii Health Department Says Legalizing Psychedelics Is A ‘More Meaningful’ Step Than Creating A Study Group appeared first on Marijuana Moment.

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Delaware Governor Dodges Question About Vetoing Marijuana Legalization Bills

The Democratic governor of Delaware won’t say whether he plans to sign or veto a pair of bills the legislature sent to his desk this week to legalize marijuana and establish a regulated adult-use market. Advocates are closely watching to see if Gov. John Carney (D) will again exercise his veto authority to quash cannabis […]

The post Delaware Governor Dodges Question About Vetoing Marijuana Legalization Bills appeared first on Marijuana Moment.

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Vermont cannabis grower fined $20K for Instagram post of out-of-state delivery

A cannabis grower in Vermont was fined $20,000 for delivering marijuana to an unlicensed MJ store in New York and posting a video on Instagram.

Vermont cannabis grower fined $20K for Instagram post of out-of-state delivery is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Canadian marijuana retail chain Nova reports reduced net loss for 2022

Nova Cannabis, the Canadian marijuana retailer behind the Value Buds discount chain, reported a net loss of 11.2 million Canadian dollars ($8.2 million) for its 2022 fiscal year, an improvement from a $20.6 million net loss in 2021.

Canadian marijuana retail chain Nova reports reduced net loss for 2022 is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Lawmakers In Dozens Of States Are Weighing Bills To Regulate Or Ban Kratom

“It really comes down to your evaluation of a harm reduction tool. Other than that, it’s a freedom issue.” By Ben Adlin, Filter Dozens of legislatures across the United States are currently weighing how to regulate or ban kratom, a plant with mild opioid-like properties that’s indigenous to Southeast Asia. It’s used by people around the world […]

The post Lawmakers In Dozens Of States Are Weighing Bills To Regulate Or Ban Kratom appeared first on Marijuana Moment.

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Virginia Governor Pushes To Amend Hemp Restriction Bill To Protect Patient Access To CBD Products

“The governor’s amendment continues his efforts to crack down on dangerous THC intoxicants including synthetic products such as delta-8.” By Graham Moomaw, Virginia Mercury Virginia Gov. Glenn Youngkin (R) is recommending changes to a pending state law that would exempt some non-intoxicating CBD products from strict new regulations on the sale of delta-8 THC and […]

The post Virginia Governor Pushes To Amend Hemp Restriction Bill To Protect Patient Access To CBD Products appeared first on Marijuana Moment.

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DE cannabis bills head to gov’s desk (Newsletter: March 29, 2023)

KY gov pushes lawmakers on medical marijuana; Congressman slams fed laws; SC medical bill in danger; Colombian legalization vote; Military drug tests 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… […]

The post DE cannabis bills head to gov’s desk (Newsletter: March 29, 2023) appeared first on Marijuana Moment.

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Denmark medical cannabis sales mostly on the rise, but pilot program sputters

Denmark's medical cannabis sales took a breather in 2022 after experiencing consistent growth for half a decade, according to new data from the Danish Health and Medicines Authority.

Denmark medical cannabis sales mostly on the rise, but pilot program sputters is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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South Carolina Medical Marijuana Legalization Bill’s Fate In Question, But Supporters Are Making A Last-Ditch Push

South Carolina lawmakers and advocates aren’t giving up the push to legalize medical marijuana just yet, and they’re imploring leadership to take up a GOP-led reform bill ahead of a key legislative deadline this week. At a press conference on Tuesday, supporters of the legislation from Sen. Tom Davis (R) stressed the urgency of getting […]

The post South Carolina Medical Marijuana Legalization Bill’s Fate In Question, But Supporters Are Making A Last-Ditch Push appeared first on Marijuana Moment.

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Adult-use marijuana legalization in Delaware heads to governor again

Delaware lawmakers now have the unique distinction of voting twice to legalize adult-use marijuana.

Adult-use marijuana legalization in Delaware heads to governor again is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Delaware Senate Approves Marijuana Legalization And Sales Bills, Sending Them To The Governor

The Delaware Senate approved a pair of House-passed bills to legalize marijuana possession and establish regulations for an adult-use cannabis market on Tuesday, sending them to the governor. The simple legalization proposal cleared the chamber in a 16-4 vote, while the regulatory measure passed in a 15-5 vote. Both pieces of legislation, which moved through […]

The post Delaware Senate Approves Marijuana Legalization And Sales Bills, Sending Them To The Governor appeared first on Marijuana Moment.

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Congressman Blasts Federal Government’s ‘Hopelessly Out Of Step’ Marijuana Policy In Comments To Top Health Official

The federal government is “hopelessly out of step” with the American public on marijuana legalization, a congressman said on Tuesday, addressing the head of the U.S. Department of Health and Human Services (HHS). At a hearing before the House Ways & Means Committee, Congressional Cannabis Caucus co-chair Rep. Earl Blumenauer (D-OR) told HHS Secretary Xavier Becerra […]

The post Congressman Blasts Federal Government’s ‘Hopelessly Out Of Step’ Marijuana Policy In Comments To Top Health Official appeared first on Marijuana Moment.

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Montana Senate bill aims to dismantle adult-use cannabis market

A little more than a year after Montana launched adult-use cannabis sales, a state senator has introduced a bill that would effectively shut down the program.

Montana Senate bill aims to dismantle adult-use cannabis market is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Marijuana tech firm Leafly pivots from news journalism to consumer content

Seattle-based cannabis e-commerce site Leafly Holdings is pivoting away from reporting on the marijuana industry and will instead focus on providing consumer-oriented content such as information about products.

Marijuana tech firm Leafly pivots from news journalism to consumer content is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Cannabis retailer Fire & Flower ends year with CA$89 million loss

Toronto-based cannabis retailer Fire & Flower ended its 2022 fiscal year with a loss of 89.5 million Canadian dollars ($66 million), according to financial and operational results released Tuesday.

Cannabis retailer Fire & Flower ends year with CA$89 million loss is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Colombian Lawmakers Advance Marijuana Legalization Bill, Aiming For Enactment This Year

A bill to legalize marijuana in Colombia cleared another key hurdle on its path to enactment on Tuesday, advancing through a Chamber of Representatives committee that brings it more than halfway through the legislative process. The legislation, which the Chamber and Senate reconciled to be identical in December after previously clearing each full body in […]

The post Colombian Lawmakers Advance Marijuana Legalization Bill, Aiming For Enactment This Year appeared first on Marijuana Moment.

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Canadian province allows marijuana producers to give samples to stores

Alberta’s cannabis regulator announced a regulatory change that will allow marijuana producers to provide sample products to stores and their representatives.

Canadian province allows marijuana producers to give samples to stores is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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