Montana Banks Prepare to Navigate Regulatory Haze upon Legalizing Pot
bankingdive - Montana became one of four states to legalize recreational use of cannabis this month, making the state's bankers anxious.
"The banks in Montana are nervous about implementation of the ballot measure and how it's going to affect them in their communities," said Cary Hegreberg, president and CEO of the Montana Bankers Association.
The Montana Bankers Association opposed the initiative but knew it was likely to pass, Hegreberg said.
Booker Slams Biden's Cannabis Decrim Plan as “Not Enough”
marijuanamoment - Sen. Cory Booker (D-NJ) says in a new BET documentary debuting on Wednesday that President-elect Joe Biden’s plan to merely decriminalize possession of cannabis while not legalizing it is “not enough.” Vice President-elect Kamala Harris also talks in a documentary clip shared exclusively with Marijuana Moment about how the war on drugs “criminalized the community that I grew up in” and “was an abject failure.”
Madison Council Approves Measures to Decriminalize Marijuana
channel3000 - The City of Madison’s Common Council is passing a set of new ordinances that largely decriminalizes having less than an ounce of marijuana in the city.
Under the new ordinances passed Tuesday night, people 18 and older will be allowed to use or possess up to 28 grams of cannabis on public and private property, as long as they have the permission of the property owner, landlord or tenant. Possessing paraphernalia also will not be punished.
Mississippi Supreme Court to Hear Anti-Medical Cannabis Challenge
ganjapreneur - The Mississippi Supreme Court is set to hear a lawsuit challenging the signature-gathering process for the state’s medical cannabis initiative, which was filed one day prior to the election, the Associated Press reports. The lawsuit, filed by the city of Madison and its Mayor Mary Hawkins Butler, argues that the signature-gathering process failed to meet state standards.
Greens Girl Co. Launches with Focus on Cannabis Equality, Reform
The entrepreneur said that, as we see more states move to legalize cannabis, “it’s crucial that we talk about reform and equality. The Greens Girl Co. aims to destigmatize cannabis for everyone and support BIPOC grassroots reform organizations and innovators, and even out the playing field.”
Metal Band Kurokuma Launches Its Own Cannabis Strain
benzinga - Metal band Kurokuma has partnered with NemeSeeds (a.k.a. GeneSeeds) to create a new cannabis strain called KuroKush.
The seeds are currently for sale.
American Rebel Launches Home Grown Safes for the Cannabis Industry
yahoo - American Rebel - America's Patriotic Brand (OTCQB:AREB) and a leader in the inventory control space for the cannabis industry is proud to launch Home Grown Safes as a brand dedicated to the $35 billion cannabis industry. American Rebel's test marketing of its Inventory Control Safe has been an overwhelming success and the creation of a dedicated brand is the appropriate next step in capitalizing on the one-of-a-kind features and benefits of its Inventory Control Safe.
Jackpot Site May Be Rezoned for Cannabis Sales
bigcountrynewsconnection - Spence Property Group LLC’s request for rezoning a parcel of land in Jackpot as an adult cannabis district comes before the Elko County Planning Commission on Thursday, but there is still competition for potential marijuana shops in the town on the Idaho-Nevada border.
Spence, out of Idaho Falls, is seeking the change in zoning from a highway services and tourist commercial district to allow for retail marijuana sales on the property along U.S. Highway 93 that would be leased or sold.
Israel's First Commercial Medical Cannabis Export Lands in Australia
jpost - Panaxia, in cooperation with Seach Medical Group, two of Israel’s largest manufacturers of medical cannabis products, announced that the country’s first commercial export of medical cannabis flowers and products landed in Australia on Thursday, after the company received its export license on Sunday.
Clever Leaves Announces Milestone in Cannabis Exports to 14 Different Countries on 5 Continents
globenewswire - Clever Leaves International Inc. (“Clever Leaves”), a leading multi-national operator and licensed producer of pharmaceutical-grade cannabinoids, has provided an update on their current international footprint by announcing successful exportation of cannabis products to 14 different countries and 5 continents as of Q4 of 2020. The products range from raw materials, including active pharmaceutical ingredients (APIs) and semi-finished products, including white label products.