Industry Headlines: Page 488

Maine Lawmakers Propose 20% Tax on Recreational Marijuana

Five percent of that would be paid to communities that host growing and retail operations.

California Contemplates Starting its Own Bank to Serve Marijuana Companies

Matt Stannard, an advocate of public banking, is optimistic about a public bank willing to work with the marijuana industry, but warns that there are plenty of potential pitfalls.

New Frontier Data Appoints Technology Veteran Gary Allen as COO

Appointment caps H1 2017 focused on rapid advancement and innovation as the leading cannabis analytics company helps investors and policymakers make sense of the fast-growing industry.

Department of Justice Readies for Crackdown on Marijuana Under Jeff Sessions

Sessions reportedly re-established a controversial criminal asset seizure program ahead of the committee's recommendations, and local law enforcement leaders say a crackdown appears to be next.

Former NFL Player Marvin Washington Among Plaintiffs Suing Jeff Sessions to Legalize Marijuana

11-year-old Alexis Bortell and disabled military veteran Jose Belen join Washington as plaintiffs in the lawsuit, among others.

Police-Reported Marijuana Offenses Decline in 2016

Statistics Canada said police charged 17,733 people with marijuana possession last year, a drop of about 3,600 from 2015.

Cannabis Consultants Fuel Debate Over Who Will Sell Recreational Marijuana in Canada

The select committee on cannabis is hearing the public's thoughts on how and where to distribute recreational marijuana when it's legalized next July.

Cannabis Executive Says Producers Unlikely to Meet Demands of Canada's Consumer Market

Cam Battley, executive vice president of Aurora Cannabis Inc., has urged other companies to increase production ahead of next July 1, when recreational marijuana is expected to be legalized.

San Francisco To Ban Medical Dispensaries in One of 11 Supervisorial Districts

Supervisor Ahsha Safai’s proposal to ban new dispensaries from opening up in District 11 is expected to pass, despite opposition from the Small Business Commission.

Head Shop Indicted on Illegal Cannabis Sales in Colorado Springs

13 charged in connection to illegally selling marijuana at a popular head shop.

National Cannabis Industry Association Appoints Cannabis Veteran Christie Lunsford to Board of Directors

Lunsford is the Chief Operating Officer for Pro Max Gro and will serve on the NCIA board from 2017-2019.

Colorado Passes Milestone for Marijuana Revenue

Colorado has harvested half a billion dollars in taxes and fees since it legalized recreational marijuana.

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