Monumental Changes to Out of State Ownership in the Colorado Cannabis Industry

On May 29, 2019, Governor Jared Polis signed HB19-1090 (“HB-1090”) into law. HB-1090 repeals regulations that prohibit publicly traded companies from holding ownership interests in Colorado marijuana businesses. HB-1090 dramatically alters the regulatory landscape surrounding ownership of licensed … Read more about Monumental Changes to Out of State Ownership in the Colorado Cannabis Industry

NFL Announces Research into Cannabis Pain Management

This month, the National Football League (“NFL”) announced that it, along with the National Football League Players Association (“NFLPA”), will be investigating the medicinal potential of cannabis and cannabinoids – such as cannabidiol (“CBD”) - as alternative pain management treatments. In the … Read more about NFL Announces Research into Cannabis Pain Management

MAPS Announces Progress in Two PTSD Studies

In the organization’s monthly newsletter, the Multidisciplinary Association for Psychedelic Studies (“MAPS”) announced two milestones in separately conducted clinical trials, both dedicated to the treatment of post-traumatic stress disorder (“PTSD”). This month, MAPS  received approval for the … Read more about MAPS Announces Progress in Two PTSD Studies

Denver City Council Votes on Social-Use Cannabis

Monday night, Denver City Council voted to remove the sunset provision from Initiative 300 (“I-300”), the legislation used to establish social cannabis businesses in Denver. Up until this week’s decision, social-use cannabis regulations were scheduled to expire before 2021, however city council’s … Read more about Denver City Council Votes on Social-Use Cannabis

Hawaii Approves Cannabis Legislation for Senate Review

Following a late-January legislative hearing, Hawaii’s Senate Judiciary Committee decided on Thursday to approve the state’s current bill to legalize cannabis. Passed in a unanimous 5-0 vote, the legislation has been co-sponsored by 12 of the 25 members of Hawaii’s Senate and cites, “the … Read more about Hawaii Approves Cannabis Legislation for Senate Review

Thai Medical Cannabis Industry’s Preliminary Regulations

Thailand is beginning to concretely define medical cannabis regulations, as the country looks to refine the legislation which partially legalized the substance in late-December of last year. While preliminary regulations are just beginning to take shape, this week, the Thai government took a … Read more about Thai Medical Cannabis Industry’s Preliminary Regulations

Mid-Atlantic States Race to Legalize Cannabis

A legislative competition is underway on the East Coast as both New York and New Jersey seek to shape the framework of recreational cannabis policy for their region. Prior to assuming office in January of 2018, New Jersey governor, Phil Murphy (D), campaigned for the state to legalize cannabis. … Read more about Mid-Atlantic States Race to Legalize Cannabis

Big Tobacco Moving Into Cannabis Market

One of the largest tobacco companies in North America, Altria Group - which owns Philip Morris USA, best known for their manufacture of Marlboro cigarettes - has agreed to invest $1.8 billion USD ($2.4 billion Canadian dollars) into Cronos Group, based in Ontario. The investment marks the largest … Read more about Big Tobacco Moving Into Cannabis Market