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Cannabis Thursday News:Michigan Senate Passes Bills Allowing Cannabis Records To Be Expunged

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Michigan

Michigan Senate Passes Bills Allowing Cannabis Records To Be Expunged

benzinga - The Michigan Senate has approved new expungement measures that would allow hundreds of thousands of people to clear their criminal records in an effort to ease entry into the workforce, according to the Associated Press.

If signed into law, Michigan intends to use an automated system for expungements of certain felonies after 10 years and misdemeanors after seven years.

While the measures do not include DWI offenses, they are expected to help roughly 235,000 people in Michigan who have misdemeanor records stemming from marijuana use or possession.

Cannabis Sales in Illinois to Out-of-state Residents nearly Doubles

thecentersquare - Despite the pandemic, cannabis sales in Illinois continue to increase. But it's not just in-state sales. Sales to out-of-state consumers in Illinois has nearly doubled since January.

Of the nearly $64 million in total adult-use cannabis sales in Illinois for August, $17.2 million was in "out-of-state resident sales." That's nearly double the $8.6 million in out-of-state sales back in January.

Swiss Cities Authorised to Distribute Cannabis for Scientific Studies

swissinfo - Both houses approved the change to the law on Wednesday following debate over whether the cannabis distributed to users had to be of local or organic origin.

The right-wing Swiss People's Party saw this as an opportunity to support the country's agriculture sector. Parliament ultimately decided that Swiss and organic cannabis should be used as far as possible.

The vote paves the way for scientific studies on the effects of the controlled use of cannabis to be carried out. This is intended to help evaluate the effects of new regulations on the recreational use of cannabis and ultimately, combat the black market distribution of cannabis.

Swiss
 There are about 200,000 regular cannabis users in Switzerland - swissinfo

New Mexico Lawmakers likely Will Push to Legalize Weed

daily-times - If New Mexico wants to legalize recreational cannabis and have sales begin next summer, the state needs to begin ramping up production now, Duke Rodriguez, the president and chief executive officer of Ultra Health, told the Revenue Stabilization and Tax Policy Committee during a Sept. 22 meeting.

That means even before legislation can be passed the state will have to increase the amount of cannabis the 34 licensed producers are permitted to grow in preparation for the possible passage of the bill.

Oregon Cannabis Business Destroyed By Fire Vows To Rebuild Despite Lack of Aid

hightimes - The owner of an Oregon cannabis shop destroyed by the wildfires ravaging the West Coast is vowing to rebuild, despite being ineligible for the aid provided to most businesses. Thorin Thacker, the co-owner of Canyon Cannabis in Gates, Oregon, was told that it took only 15 minutes for the store to burn to the ground, according to a report in local media.

Global Cannabis Sales Grow 38% to Reach $19.7 Billion in 2020 Despite Pandemic

benzinga - COVID-19 increases market volatility and cannabis proves resistant to recessionary pressures

 Global cannabis sales for 2020 will reach $19.7 billion, an increase of 38% over 2019 sales of $14.8 billion—even reflecting the impact of the COVID-19 pandemic—according to updated market forecasts published by BDSA (formerly BDS Analytics), the leader in comprehensive, accurate and actionable cannabis market intelligence and consumer research. Over the longer term, BDSA predicts global cannabis sales will reach $47.2 billion by 2025, a compounded annual growth rate (CAGR) of 22%.

New 'Cannabis Coffee Shop' Coming to Edinburgh Next Month 

edinburghlive - A brand new 'cannabis cafe' is set to open in Edinburgh next month, serving a selection of 'infused' products as well as healthy food and drinks.

Vitality and Kynd have announced they will be welcoming customers from October 9 in their brand new Leven Street cafe that has been recently refurbished.

The menu is set to very varied, with the cafe stating they will be selling 'cannabis infused options', edibles, CBD oils and a selection of hemp teas.

However, the shop have made it very clear that the site will not be "the smoky and hazy coffee shop you'd find across the tightly weaved streets of Amsterdam", and will actually be selling legal hemp products.

Ottawa County's First Recreational Marijuana Shop Opens

mlive - The first recreational marijuana store in Ottawa County has opened.

Exit 9 Provisionary, located 12261 Cleveland St. in Nunica, made the first sale of recreational marijuana in the county on Monday, Sept. 21. The dispensary, about 5 miles east of Grand Haven, has been open for medical marijuana sales for about a year.

Ottawa
The first adult-use marijuana dispensary in Ottawa County opened Monday, Sept. 21 - mlive

Longmont City Council Gives Initial Approval Medical Marijuana Deliveries Measure

timescall - State-licensed medical marijuana dispensaries would be allowed to deliver cannabis products to Longmont medical marijuana patients’ homes, under an ordinance that got initial City Council approval in a unanimous Tuesday night vote.

Before giving preliminary approval to the ordinance, which now will be scheduled for a public hearing and final council vote on Oct. 13, council members agreed to remove a restriction that would have only allowed city-licensed medical marijuana businesses to make such deliveries to medical marijuana patients living inside Longmont's city limits — as long as the city-licensed dispensary also holds a state-issued delivery permit and adheres to the state regulations about such deliveries.

Sugarmade Takes Steps Toward Establishing Licensed Cannabis Cultivation in Northern California

stockdaymedia - Sugarmade, Inc. (OTC: SGMD) ("Sugarmade" or the "Company") is excited to announce the signing of a nonbinding Letter of Intent (the "LOI") with LMK Capital, LLC ("LMK"). Sugarmade and LMK have agreed to work toward the negotiation of a definitive lease agreement for access to as much as 40 acres of property in Northern California. The Company intends to use 5 acres of the property to operate a regulated and licensed cannabis cultivation business. Jimmy Chan, Sugarmade’s chairman of the board, chief executive officer, chief financial officer and majority stockholder, is also majority owner of LMK.

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