Last Week In the Cannabis Industry

What happened in the cannabis industry over the last week (08/26 - 09/02)

  • Political groups in Sacramento, CA attempt to boycott statewide marijuana delivery services from operating. The California League of Cities, the California Police Chiefs Association and the United Food and Commercial Workers (UFCW) Western States Council started the website “Stop Wandering Weed,” promoting tighter regulations on commercial cannabis activities. Read more here.

  • The House and Senate of the Commonwealth of the Northern Mariana Islands (CNMI), a US territory near Guam, passed legislation that opens the road for the legalization of recreational use of marijuana in the islands. The bill also enables the commercial sale of cannabis across the commonwealth. Read more here.

  • Illinois Governor Bruce Rauner (R) signed a bill legalizing industrial hemp cultivation on Saturday. According to reports by Chicago Sun-Times, the Illinois Industrial Hemp Act is effective immediately and legalizes the use of hemp in a series of industrial uses. Read more here.

  • New studies show that cannabis can be detected in breast milk for up to a week after use. Read the full story here.

  • The state of Montana managed to collect $1.8 million in state taxes during the first year of the legal operation of the medical cannabis industry. According to reports from the Montana Department of Revenue, cannabis businesses generated about $45m during their first year of taxation. Read more here.