Week in Review: NM nixes adult-use cannabis bill, Aurora posts big loss, Trump seeks money to regulate CBD/hemp & more

A New Mexico Senate panel scraps legislation to legalize recreational marijuana, Aurora Cannabis reports a steep loss for its second quarter, President Trump’s 2021 budget proposal seeks additional money for the federal government to regulate hemp and CBD – and more of the week’s top cannabis business news. New Mexico lawmakers scrap adult-use bill A […]

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Medical cannabis business opportunities could swell in several states this year

Several states could expand their medical cannabis programs this year through new laws or regulatory policies, opening the door to additional business licenses, more sales for existing cannabis operators and fresh business for ancillary companies. The business prospects in the eight states listed below might not be as glitzy as new, hundred-million-dollar-plus cannabis markets. But […]

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New Mexico plan to legalize recreational cannabis sales is derailed

A key Senate subcommittee in New Mexico voted against legalizing the sale of adult-use marijuana in the state, likely killing any chance of legislation being adopted this year. <!– if (!window.AdButler){(function(){var s = document.createElement(“script”); s.async = true; s.type = “text/javascript”;s.src = ‘https://servedbyadbutler.com/app.js’;var n = document.getElementsByTagName(“script”)[0]; n.parentNode.insertBefore(s, n);}());} var AdButler = AdButler || {}; AdButler.ads = […]

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Customs seizes glassware bound for Washington state’s legal cannabis markets

Hundreds of thousands of dollars of glass jars and other packaging were seized in Washington state by federal customs agents, according to several licensed marijuana businesses. The seizures, in Tacoma, Washington, raise concerns that state-lawful cannabis businesses are being unfairly targeted for importing what they believe are legal goods. The recent action was reported by […]

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Nevada judge gives OK for more retail cannabis stores to open

More than a dozen new dispensaries could open in Nevada’s booming retail marijuana market in the coming weeks, after a judge gave the go-ahead Thursday to companies that underwent background checks and won licenses. State marijuana regulators said as many as 36 stores could open. But lawyers for the state and companies claiming the licensing […]

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Judge: New Mexico must issue medical marijuana cards to non-residents

A district judge in New Mexico made a final ruling ordering the state to issue medical cannabis patient cards to qualifying out-of-state residents, but the governor’s office said it will appeal. The ruling, if it stands, would inject additional sales into the market. Here’s the latest on the case: Judge Bryan Biedscheid issued his permanent […]

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