Marijuana Business Daily

Delta-8 brouhaha creates marijuana opportunity in next federal Farm Bill

Published

2 years ago

February 21, 2023

admin

If Congress can’t (or won’t) bundle marijuana reform with the F-35 fighter jet and nuclear submarines, why not food stamps and corn subsidies?

Among the pressing items on federal lawmakers’ 2023 to-do lists is renewing the Farm Bill.

Every five years, the sprawling, multipart, $428 billion monster that deals with nutrition and rural development as well as what American farmers grow and how they grow it is revamped.

And the 2018 Farm Bill that legalized hemp and triggered the boom in delta-8 THC and other intoxicating hemp-derived cannabinoids expires in September.

Federal marijuana prohibition means the American cannabis industry still exists separately from federal farm programs and the U.S. Department of Agriculture.

Despite this, and despite the many other loud and needy lobbies competing for attention, there’s a growing push in Washington DC for Congress to consider marijuana reform during Farm Bill discussions, according to multiple

Read full article on Marijuana Business Daily

Source link

Marijuana Business Daily

Colorado cannabis operator seeks financial damages in counterclaim

Published

2 days ago

September 5, 2024

admin

Bonanza Cannabis Co. is seeking financial relief from one of Colorado’s largest cannabis cultivators that filed a complaint against the brand in June alleging it knowingly sold products with illegal hemp-derived THC.

In a Thursday news release, Englewood, Colorado-based Bonanza called the allegations levied by Mammoth Management and its affiliates – Mammoth Farms and Mammoth Manufacturing – “baseless” and an improper use of the legal system to hurt its business and boost Mammoth’s sales.

Bonanza said it is seeking financial damages to be determined at trial.

“We were leery of the allegation because there is currently no test identifying hemp-derived THC that has been required nor sanctioned by Colorado’s Marijuana Enforcement Division (MED),” Bonanza co-founder and co-owner Conlan Keller told MJBizDaily via

Read full article on Marijuana Business Daily

Source link

Marijuana Business Daily

Kentucky gets landslide of medical marijuana business applications

Published

4 days ago

September 3, 2024

admin

More than 2,600 applications for medical marijuana business licenses in Kentucky were filed before Saturday’s deadline.

That’s according to data from the Kentucky Office of Medical Cannabis, Louisville TV station WLKY reported.

Of those applications, more than 2,200 were for 48 MMJ dispensary licenses.

The application window in Kentucky was open from July 1 to Aug. 31.

The next step in the licensing process will be an October lottery to decide which operators will be licensed when the program launches in 2025.

MMJ license applicants have been tasked by the Kentucky Medical Cannabis Program with creating extensive business plans.

Pperhaps a bigger concern for MMJ license applicants, according to the Kentucky chapter of the National Organization for the Reform of Marijuana Laws

Read full article on Marijuana Business Daily

Source link

Marijuana Business Daily

Nebraska medical marijuana legalization measures near ballot certification

Published

1 week ago

August 30, 2024

admin

Two proposed referendums in Nebraska that would legalize medical marijuana and protect MMJ patients from prosecution appear to have qualified for the state’s November ballot.

But Secretary of State Bob Evnen has asked county election offices to continue verifying signatures until they reach the 110% threshold required by state law.

Separate petitions to put the Nebraska Medical Cannabis Patient Protection Initiative and the Nebraska Medical Cannabis Regulation Initiative on the ballot both surpassed the requirement of 87,126 valid signatures to make it onto the Nov. 5 ballot, according to a Friday news release from the secretary of state’s office.

The release noted that the petitions had not yet been certified but confirmed that 89,051 valid signatures had been collected.

The measures “will

Read full article on Marijuana Business Daily

Source link