Global Cannabis Sales Grow 48% To $15 Billion In 2019

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COLORADO: Global cannabis sales rose 48% to $15 billion in 2019, driven by growth in sales in Canada and seven U.S. states that saw sales more than double. Continued consumer adoption in maturing markets such as Colorado and new adult-use markets including Massachusetts contributed to 45% growth in adult-use sales to $8.9 billion. However, medical-only states Read the full article…

USDA Extends U.S. Domestic Hemp Production Program Interim Final Rule Comment Period To January 29, 2020

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DISTRICT OF COLUMBIA: The U.S. Department of Agriculture (USDA) is extending the comment period for the U.S. Domestic Hemp Production Program interim final rule until Jan. 29, 2020, to allow stakeholders additional time to provide feedback. USDA published the interim final rule on Oct. 31, 2019, as authorized by the Agriculture Improvement Act of 2018 (2018 Farm Bill). Read the full article…

Congressman Riggleman Sends Letter To Secretary of Agriculture, Sonny Perdue, On Hemp Production

Virginia

DISTRICT OF COLUMBIA: Congressman Denver Riggleman sent a letter to Secretary of Agriculture, Sonny Perdue, to discuss potential changes to the implementation of the U.S. Domestic Hemp Production Program.  The letter suggested improvements to benefit farmers and align the rules with the realities that hemp farmers face while growing. “Virginia and the 5th District are uniquely positioned Read the full article…

Ohio State Board Of Pharmacy Seeking Input On Proposed Rule Amendments

MJLegal

OHIO: The State of Ohio Board of Pharmacy is seeking public input on proposed medical marijuana: (1) dispensary, (2) patient and caregiver and (3) form and method of administration rules. To view the proposed rules, including instructions on how to provide comments, visit: https://www.medicalmarijuana.ohio.gov/Rules.

Booker Marijuana Provisions Pass House Judiciary Committee

Cory Booker

2017 Booker bill provided framework for MORE Act DISTRICT OF COLUMBIA:  Three key marijuana provisions designed to reverse decades of failed drug policy and first introduced by U.S. Senator Cory Booker (D-NJ) passed the House Judiciary Committee today: record expungement, reinvestment in the communities most harmed by the War on Drugs, and removing marijuana from the list Read the full article…

Chairman Nadler Statement For The Markup Of H.R. 3884, The Marijuana Opportunity Reinvestment And Expungement (MORE) Act of 2019

Chariman Nadler

DISTRICT OF COLUMBIA:  House Judiciary Committee Chairman Jerrold Nadler (D-NY) delivered the following opening remarks during the markup of H.R. 3884, the Marijuana Opportunity Reinvestment and Expungement (MORE) Act of 2019: “H.R. 3884, the ‘Marijuana Opportunity Reinvestment and Expungement Act of 2019,’ or the ‘MORE Act of 2019.’ This bill would make three important changes to Read the full article…

California Cannabis Advisory Committee To Hold Upcoming October Meetings In Burlingame

CA Bureau of Cannabis Control

CALIFORNIA: The Bureau of Cannabis Control announced that the Cannabis Advisory Committee will hold two subcommittee meetings on Tuesday, October 22 and a full committee meeting on Wednesday, October 23 at the Hyatt Regency San Francisco Airport in Burlingame. Meeting Notices and Agendas for these meetings have been posted to the Bureau’s website and may be Read the full article…

Ohio Board Of Pharmacy Awards Five Dispensary Certificates Of Operation

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OHIO: The State of Ohio Board of Pharmacy awarded five Dispensary Certificates of Operation to the Verdant Creations locations at: 1243 N. Cassady Ave., Columbus; 326 James Way, Marion; 5149 Kennedy Ave., Cincinnati; 1641 N. Bridge St., Chillicothe; and 1546 W. Church St., Newark The interactive map of Dispensaries with Certificates of Operation will be updated within Read the full article…

Viola Closes $16 Million Investment Round Led By Gotham Green Partners

Viola Al Harrington

CALIFORNIA: Viola, a national leader in the production and sale of premium quality cannabis products founded by NBA veteran Al Harrington, today announced the closing of a $16 million funding round led by Gotham Green Partners. The investment firm, known for its financial support of some of the most reputable cannabis companies in the industry, is the first institutional Read the full article…

U.S. Federal Cannabis Legalization Could Be Worth $128.8 Billion In Taxes And 1.6 Million Jobs

Marijuana is big business

DISTRICT OF COLUMBIA: New Frontier Data, the authority in data, analytics and business intelligence for the global cannabis industry, releases its new study Cannabis In the U.S. Economy: Jobs, Growth and Tax Revenue, 2019 Edition. The report looks at the current state of legal cannabis jobs and tax revenues and projects the impact that full federal Read the full article…