Arizona’s medical marijuana law allows cities to set dispensary and cultivation facility location restrictions By Corina Vanek | Phoenix Business Journal Nearly 10 years after Arizona voters legalized marijuana for medical use, dispensary owners and attorneys who work with the industry cite an unlikely hindrance in opening up shop: real estate. “Real estate is hands down the most cumbersome and …
By Tom Angell | Forbes The Trump administration is asking the public to submit comments to help inform the U.S.’s position on the potential global reclassification of marijuana. Last month, the World Health Organization (WHO) formally recommended that cannabis and its derivatives be rescheduled under international drug treaties. Now, the U.S. Food and Drug Administration (FDA) wants “interested persons to submit comments on …
By Dwayne Harmon | Newburgh Gazette Medical and recreational marijuana use is still illegal nationally under the Controlled Substances Act and marijuana is listed under the Schedule 1 list of drugs, along with heroin and LSD. Oregon Governor Kate Brown said Oregon will continue to move forward with pot sales. “I advise clients continue to focus on operating their businesses …
By Omar Sacirbey | Marijuana Business Daily (Marijuana Business Daily is providing live updates to this breaking story and its impact on the cannabis industry. Check them out here.) Marijuana industry executives nationwide are scrambling to understand how Attorney General Jeff Sessions’ decision to rescind Obama-era protections for the legalized cannabis industry will affect their companies and employees. Legal experts cautioned against making hasty …
By Nikole Tower | AZBigMedia Where would you put your money if you weren’t allowed access to a bank? In a safe? Under the mattress? Maybe a friend can hold onto it for you? Now, let’s say you’re operating a successful business and the money is flowing in at a generous rate. Putting cash like that in a safe, under …
By Polly Washburn, The Cannabist Staff In testimony before the Senate Judiciary Committee on Wednesday morning, U.S. Attorney General Jeff Sessions said there should be “more competition” among growers who supply marijuana for federally approved research, though he said he thought the current applicant pool of 26 was too many. His statement came in response to a question from Sen. …
The Cannabis Reporter With marijuana on the ballot in 9 states in the 2016 elections, voters have big decisions to make. Major market media outlets have an ethical, professional and social responsibility to provide impartial, accurate and credible news to readers, who rely upon such reporting to make informed decisions impacting their families, communities and society at large. It is …
By Angela Gonzales | Phoenix Business Journal Steve White had a tough time opening his first medical marijuana dispensary. That was in Tempe in May 2013, three years after voters approved the Arizona Medical Marijuana Act. “At the time, the program had just gotten started and landlords were skeptical and generally unwilling to rent to people,” said White, CEO of …
By Yvonne Wingett Sanchez | The Republic Arizona could see as much as $113 million in new tax revenue if it legalized marijuana for recreational use and imposed a 15 percent levy on the drug, a new study found. The study by the non-partisan Tax Foundation comes as cannabis supporters in Arizona prepare to turn in hundreds of thousands of …
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