10:57am

Fri May 30, 2014
Economy/Labor/Biz

Cannabis News Roundup: 05.30.14

House of Representatives votes to block funds for dispensary raids…  Statewide regulation bills meet opposite fates in California… Legalization news from Minnesota, Nevada, Kentucky… Former premier of Canadian province joins cannabis firm… Do you know the “Weed Fairy”?...  and more.

LEGALIZATION

If it’s legal in the state, DEA must leave cannabis patients alone // U.S. House of Representatives votes to block “federal interference” of patients or distributors in late night decision. It still needs Senate and Presidential approval.

One up, one down: California Senate approves Correa’s statewide regulation proposal; Assembly defeats Ammiano’s plan; // San Diego U-T   Both bills are compared here, courtesy of Cal-NORML.

Minnesota joins ranks of medical marijuana states // Valley News Live     Governor says, “I pray it will bring to victims of ravaging illnesses the relief they are hoping for.” Critics say the measure is too restrictive.

Nevada coalition wants state to become "the Amsterdam of the West." // KLAS-TV       "People are going to want to come here, get their picture taken at the marijuana dispensaries, they're going to want to buy a joint and they're going to want to buy a T-shirt," says former Republican Caucus director.

New York Assembly passes Compassionate Care Act, 91-34. // Syracuse.com    Will Senate decide before session ends next month?

Italian hemp seeds released to Kentucky // Cannabisnews.com    Federal regulators release non-intoxicating hemp seeds for agricultural experimentation. 

COPS & COURTS

Doctor at Chicago's first medical marijuana clinic earns official complaint // Huff Post   Charging "pre-approval" fees called unprofessional.

BUSINESS

Colorado and Washington governors formally ask banking regulators for guidance // The Cannabist       Banks and credit unions in those states need official rules in order to decide whether to provide banking services to recreational cannabis businesses.

 Nevada academic predicts cannabis will beat out alfalfa as top cash crop //  MJ Business Daily     “They’re going to make a lot of money using (a) very little amount of water,” he says.

Former premier of British Columbia to head medical marijuana company // Vancouver Sun       “Medical cannabis is a very important 5,000-year-old plant,” he says, “that can really help people who suffer with various afflictions and pain.”

What American business can learn from Canada's heavily regulated cannabis system // NYT        Producers and government both expect financial rewards. 

IN OTHER NEWS….

“Weed Fairy”  - Seattle’s answer to San Francisco’s Hidden Cash tweets? //  Chasing tweeted clues to find free money has been a fun game in San Francisco this week. Someone in Seattle has been distributing free buds of cannabis – with much less interest.

                                    #

Related Program