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Some businesses struggling to obtain legal marijuana license

Medical Marijuana Program Connection

var mantis = mantis || []; mantis.push(['display', 'load', { property: '5bbb53a2bcafb20075d8dc64' }]); After the long battle for businesses in the Finger Lakes region to be able to apply for marijuana

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Oregon Governor Vetoes Marijuana State Bank Bill

Canna Law Blog

Oregon’s governor recently vetoed an effort to create a state bank for marijuana businesses, in another blow to the struggling industry. The lack of consistent, equitable access to banking has been recurring issue for Oregon marijuana businesses and those in other states.

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Cato Institute “Cannabis Banking: A Clash Between Federal and State Laws”

Cannabis Law Report

Despite progress over the past decade, the cannabis industry still struggles to access a fundamental piece of the U.S. Congress should either legalize cannabis or stop deputizing banks as drug enforcement investigators. Rather there are just too many legal risks and compliance costs, so most financial institutions stay away.

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Legal Options for Investors and Owners of a Financially Struggling Marijuana Business

Dykema (Cannabis Law Blog)

The adult-use marijuana market in Michigan has seen a plunge in the price of marijuana. According to the Cannabis Regulatory Agency, the average price of one ounce of marijuana in December 2020 was $350.88. For some, these market forces may present a financial or existential crisis. in September 2022.

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Pioneering legal pot states aim to ease rules on industry

Cannabis Chronicles

SEATTLE — When Washington and Colorado launched their pioneering marijuana industries in the face of U.S. Businesses would need to track plants and products with bar codes. We’re going to get left in the dust unless we change some things pretty quickly.”. Justice Department at bay. A similar measure was vetoed by former Gov.

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New York’s Social Equity Program for Cannabis Businesses

Cannabis Law Report

Since New York’s Office of Cannabis Management (OCM) and Cannabis Control Board (CCB) issued and approved regulations regarding conditional retail dispensary licenses for the general public , businesses should start thinking about how they will incorporate social equity programs into their business plans.

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Wyoming Cannabis Lobbyists Endeavor to Get Two Cannabis Initiatives Featured on 2024 Ballot

Veriheal

states that have legalized cannabis in some form, but advocates have continued to work hard on cannabis legalization and decriminalization proposals. . A bill to legalize and regulate adult-use cannabis in Wyoming managed to fly through a House committee in March of last year. Wyoming may not have joined the 37 U.S.