Medical Marijuana And Gaming: To Divest Or Not To Divest?

NEVADA:  Even as more and more states pass laws permitting sales and use of medical and recreational marijuana, marijuana remains an illegal Schedule I drug under the federal Controlled Substances Act. On May 6, 2014, Nevada State Gaming Control Board Member Terry Johnson issued a Notice to Licensees stating that “… the Board does not Read the full article…

Judge Denies Bankruptcy Protection To Denver Marijuana Business

COLORADO: Buzz kill? A U.S. bankruptcy judge has dismissed the case of a Denver marijuana business owner, saying that though his activities are legal under Colorado law, he is violating the federal Controlled Substances Act. In dismissing the case filed in U.S. Bankruptcy Court in Denver by Frank Anthony Arenas, Judge Howard Tallman said he realizes Read the full article…

Oklahoma SB 2116: The Legalization of Marijuana

OKLAHOMA:  Marijuana is legal in Colorado and Washington, could Oklahoma be next? Not anytime soon, says one local state senator, and he doesn’t plan on hearing a new bill proposing the legalization of marijuana in his senate subcommittee. Senate Bill 2116 would tax and regulate marijuana in Oklahoma and let people have small amounts, up Read the full article…