A federal judge in Denver has ruled that more than $3 million in assets held by Colorado marijuana mogul Jeffrey Friedland be temporarily frozen, but not a Snowmass Village home that the Securities & Exchange Commission alleges he concealed through a limited liability company. Chief U.S. District Judge Marcia Krieger’s ruling Thursday said the SEC…
DetailsLegal medical marijuana delivery services have been frustrated for years by competitors who haven’t bothered to acquire licenses or pay taxes. California state regulators have finally taken notice. Will they take action? In 2011, Kevin Reed, a San Francisco businessman, went to authorities with a problem. Reed’s business, The Green Cross, delivered medical marijuana to…
DetailsOakland, California’s city council has passed an ordinance protecting tenants from being evicted by cannabis businesses in the city’s “Green Zone,” keeping in line with the city’s stated goal to promote “cannabis equity.” This highlights the dilemma of cannabis-fueled displacement — a phenomenon also reported from places like the more freewheeling Denver, which has been…
DetailsTerrell Davis, two-time Super Bowl champion, Hall-of-Famer and former Denver Broncos star with 40 rushing records, will be the keynote speaker at the Minority Cannabis Business Association Summit in Denver on March 22-24. “I am sincerely looking forward to the opportunity to address fellow minority business owners and supports of minority entrepreneurs,” Davis said in…
DetailsAs Canadian marijuana growers rush to boost production before pot gets legalized, Quebec’s biggest cannabis company looks to a convenience-store giant for a road map. The Hydropothecary Corp. says it wants to follow the footsteps of Quebec leaders such as Couche-Tard, owner of the Circle K chain, which started with one store outside Montreal and gobbled…
DetailsThe cannabis industry might need more time before going up against the alcohol industry. It might be a bit of a broken record to keep engaging in the discussion about how the cannabis industry is chipping away at the bottom line of Big Alcohol. Rest assured, there will be more at stake with respect to…
DetailsAs lawmakers deliberate about the potential for a New Jersey cannabis program, closing the state’s budget gap is one of many advantages worth considering. Upon the release of its White Paper exploring what it calls “The most complex environment ever to legalize recreational cannabis use,” lawyers at Brach Eichler observed that the initial organization of…
DetailsPresident Trump will visit Southern California on Tuesday for the first time since he traumatized the state’s liberal consensus by winning the White House. It’s a free country, so he’s welcome, though he shouldn’t expect much red carpet to be rolled out. According to the White House, he has two main stops to make: viewing…
DetailsThe U.S. federal government is scheduled to shut down again later this month, which means another round of worrying over expired protections for state-legal medical marijuana. But don’t worry — this has happened before. On March 23, the federal government is scheduled to run out of money. Unless Congress passes yet another temporary spending bill…
DetailsColorado’s Marijuana Enforcement Division (MED) Monday released a new symbol to be included on packaging and labeling for all medical and retail cannabis products sold in the state. “The adoption of a single universal symbol is part of our ongoing effort to protect public health and safety by enhancing consumers’ ability to identify products containing…
DetailsLegislation that would have legalized CBD in Indiana now is a bill to relax gun restrictions. Indiana state lawmakers on Monday enacted a “strip and replace” procedure on House Bill 1214, replacing provisions to regulate the sale of low-THC, cannabidiol-rich extracts derived from hemp with language instead related to handgun regulations, Indiana media outlets reported…
DetailsThe process of working out implementing regulations for Peru’s new medical marijuana program is now officially in extra innings, extending beyond the 60-day window that opened with the signing of the law in November. Advocates are still watching to see whether homegrown will be permitted or just lab-grown and what constitutes a “laboratory.” Meanwhile, despite this…
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