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Briefs

28 Jun Colorado credit union wins ruling against Kansas City Fed

A Colorado credit union aiming to serve cannabis businesses won a partial victory Thursday after a U.S. appeals court ruled the Federal Reserve Bank of Kansas City cannot block access to a special account Fourth Corner Credit Union needs to do business.

The decision is at...

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28 Jun Trouble surrounds two medical marijuana firms with Vireo ties

Cannabis cultivation companies in Maryland and Pennsylvania are involved in controversies because of their ties to multistate medical marijuana company Vireo Health.

MaryMed, a medical cannabis cultivation licensee in Maryland formerly owned by Vireo, was told it won’t receive its final license, while 

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28 Jun Report: Demand for legal cannabis products dipped in April

Demand for legal marijuana products decreased by more than 1.1% in April, according to a new index that monitors the U.S. cannabis industry in states where the drug is legal.

Cannabis producers should take heart, however: Anderson Economic Group’s inaugural AndCan Index shows...

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28 Jun Company behind MJBizDaily in legal dispute with former exec

The parent company of Marijuana Business Daily is involved in a legal dispute with its former president and publisher over several employment-related issues, including those tied to his termination, compensation and noncompete agreement.

Rhode Island-based Anne Holland Ventures recently filed a lawsuit in Denver County District...

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27 Jun Nevada recreational marijuana sales to launch Saturday

Licensed Nevada medical marijuana dispensaries can start selling recreational cannabis as planned on Saturday despite an ongoing legal battle, state officials said.

Nevada intends to appeal a district judge’s order that only alcohol wholesalers can obtain cannabis distribution licenses, but that won’t affect the...

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27 Jun Canadian firm strikes deal to cultivate MJ in southern Africa

Canadian marijuana companies continue to expand their reach beyond their nation’s borders.

LGC Capital, a Canadian investment firm, has partnered with AfriAg to cultivate and distribute medical and recreational marijuana across the southern region of Africa, according to a news release.

The long-range goal...

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26 Jun Alaska to weigh three onsite marijuana consumption proposals

The Alaska Marijuana Control Board next month will consider three proposals to allow onsite consumption in marijuana retail stores.

Under the board members’ recommendations, which will be considered at a July 11-14 meeting:

  • Customers would be allowed to try marijuana at a store, then would have to...

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26 Jun Massachusetts picks panel to draft rec cannabis compromise

A six-member House-Senate conference committee has been selected to try to create a compromise bill to revamp the voter-approved recreational marijuana law in Massachusetts.

Legislative leaders assigned the panel Friday after the House formally rejected the Senate version of the bill.

The House conferees are Republican...

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23 Jun Nevada enacts plan to start adult-use marijuana sales July 1

Nevada’s marijuana regulators believe they have found a way around a judge’s order that threatens to block the state’s first recreational marijuana sales scheduled to begin next month.

Gov. Brian Sandoval on Thursday signed an emergency regulation intended to allow rec sales to...

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23 Jun Rhode Island to form recreational cannabis study commission

Rhode Island’s Senate and House of Representatives voted to end their debate over recreational marijuana legalization bills and instead created a 19-person commission to study the issue.

Among the commission’s mandates – after the Senate agreed Thursday with an earlier House vote to halt any MJ...

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