Nevada regulators and industry insiders say the state’s first year of broad marijuana legalization has exceeded even their highest expectations, with sales and tax collections already surpassing year-end projections by 25 percent. Numbers from June are still outstanding but are …
Los Angeles began accepting license applications from marijuana growers, manufacturers and testing companies this week, after months of delays that left many businesses in the state’s largest legal marketplace struggling to survive. The start of the process arrived with a …
New York has appointed a working group to draft legislation to legalize and regulate the adult use of marijuana in the state. The move comes soon after a N.Y. Department of Health study commissioned by New York Governor Andrew Cuomo …
California Insurance Commissioner Dave Jones on Thursday announced he has approved three more insurance carriers to offer coverage for the cannabis industry in the state. The North River Insurance Co. and United States Fire Insurance Co. will begin offering coverage …
Oklahoma’s attorney general says he’s assigning a team of lawyers to advise him on matters surrounding the Board of Health’s decision to insert last-minute restrictions on the state’s new medical marijuana industry. Attorney General Mike Hunter announced his intentions in …
Bargain basement bud is on the menu in California, but you need to act fast to cash in on the cheap weed. Regulations being phased in six months after the state broadly legalized marijuana require that pot sold after Saturday …
Alaska regulators are set to discuss proposed rules for allowing onsite consumption of marijuana at certain shops in August. Regulators have gone back and forth on onsite use, adopting rules in late 2015 to allow people to use marijuana at …
A glut of legal marijuana is driving Oregon pot prices to rock-bottom levels, prompting some nervous growers to start pivoting to another type of cannabis to make ends meet, one that doesn’t come with a high. Applications for state licenses …
A California bill to establish a state charter bank for cannabis businesses has passed the Senate Floor. Senate Bill 930, authored by state Sen. Bob Hertzberg, D-Van Nuys, would enable banks to issue checks to cannabis business accountholders to be …
The Illinois House has sent the governor a measure legalizing industrial hemp. The House voted 106-3 this week to allow hemp cultivation for commercial use. Hemp is a form of the cannabis plant distinct from marijuana. It does not produce …
