Sen. Hertzberg, who represents constituents in the Van Nuys area of the San Fernando Valley, is looking to address a systemic problem within California’s marijuana industry – access to banking. On Thursday, California Sen. Bob Hertzberg (D-18th District), rolled out …
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Police in Prohibition States Report Huge Increase in Cannabis Trafficking – News
While state officials in California and Colorado have been busy issuing licenses and regulating weed like alcohol, cops across America’s northern corridor have reported huge increases in marijuana seizures and interstate trafficking, a persistent problem they say is all thanks …
Read More »Bipartisan lawmakers tell Trump to respect state marijuana laws
(Photo by David Downs) A bipartisan group of House and Senate members are urging the Trump administration to back away from interfering with legal marijuana laws. The group of 54 lawmakers sent a letter to the president on Thursday asking …
Read More »As States Legalize Marijuana, Investors See an Opportunity
New Jersey’s new governor, Phil Murphy, made access to medical marijuana easier in the Garden State this week. A few weeks earlier, California, with its nearly 40 million people, legalized recreational marijuana use, having cleared the way for medical marijuana …
Read More »Sessions Directs Attention Towards Cannabis Banking
“The withdrawal of the Cole memo really couldn’t have come at a worse time, because now is the time that the types of banks and credit unions that are willing to take on more risk would have been entering the …
Read More »More Growth, More Uncertainty, More Competition: CCC 4.0 Recap
The 4th Cannabis Collaborative Conference (CCC) brought networking and learning to the Oregon cannabis community.Continue reading at theweedblog.com
Read More »Illinois Judge: Pediatric Cannabis Patient May Return to School
“We, unfortunately, in some cases, have to abide by state and federal law that contradicts what the school’s job is for students and what our obligations are to serve medically fragile and ill students,” said Darcy Kriha, the district’s attorney, …
Read More »Aurora Cannabis Becomes the World’s Largest Marijuana Producer
In a move industry insiders had previously called a hostile takeover, Aurora Cannabis has bought CanniMed Therapeutics for $1.1 billion CAD ($852 million USD). The purchase makes Aurora the largest cannabis producer on Earth based on market value, overtaking Canopy …
Read More »Massachusetts federal prosecutor: opioids, not pot, are priority
BOSTON (Reuters) – Massachusetts’ new federal prosecutor said on Wednesday he will not rule out prosecuting marijuana businesses in a state that has legalized the drug, but stressed that his focus is on the opioid epidemic. “The No. 1 enforcement …
Read More »Canadian cannabis firms agree to merge to create pot giant
Two Canadian cannabis companies announce a merger, the largest yet in the country hot cannabis industry Canadian cannabis grower and seller Aurora Cannabis announced Wednesday a friendly acquisition of CanniMed Therapeutics in a deal valued at an estimated Can$1.1 billion …
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