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Tag: licensing
Judge Invalidates New Mexico Cannabis Regulations as Without ‘Evidence’
SANTA FE, N.M. – A district judge in New Mexico invalidated cannabis industry regulations handed down by the New Mexico Department of Health (NMDOH)...
Newly Legalized States Set the Example for Nationwide Licensing and Regulation
In December 2019, the industry’s mood was cautiously optimistic. Although cannabis stocks had collapsed and capital dried up, there was reason for optimism: A...
FinCEN Guidelines Clarify Due Diligence Requirements regarding Hemp Businesses
WASHINGTON, D.C. – The U.S. Treasury Department Financial Crimes Enforcement Network (“FinCEN”) at the end of June issued guidelines for financial institutions that clarified...
Hemp Licenses Now Being Issued to Louisiana Farmers
BATON ROUGE, La. – Farmers in Louisiana can now legally begin to cultivate industrial hemp. With the state’s agriculture department and lawmakers finalizing regulations,...
N.Y.’s Cuomo Adds Cannabis Legalization to Proposed Budget
ALBANY, N.Y. – New York Democratic Governor Andrew Cuomo on Tuesday said provisions had been included in the proposed state budget for 2020 that...
Carlos Santana to Launch Latin-Inspired Cannabis and CBD Product Lines
SANTA ROSA, Calif. – Multi-Grammy® Award winning artist and legendary guitarist Carlos Santana has announced a brand partnership with cannabis product wholesaler Left Coast...
First Week of Illinois Legal Cannabis Sales Yields $11M
CHICAGO – In the first five days of legal recreational cannabis sales in Illinois, media reports said cannabis vendors raked in nearly $11 million....
Cannabis Trade Group Counts 2,835 Illegal Cannabis Businesses on Weedmaps
SHERMAN OAKS, Calif. – Cannabis trade group United Cannabis Business Association (UCBA) yesterday posted an open letter addressed to California Governor Gavin Newsom and...
Florida Governor Intervenes in Appeals Court Cannabis Ruling
TALLAHASSEE, Fla. – A ruling issued by the Florida First District Court of Appeals on July 9, has the potential to upset the medical...
California Increases Fines, Struggles with Illegal Cannabis Businesses
SACRAMENTO – California Governor Gavin Newsom in July authorized fines of up to $30,000 a day to be levied against cannabis businesses found to...
