David Hodes, Author at Cannabis Business Executive - Cannabis and Marijuana industry news - Page 4 of 5

Public Consumption? Yes, No and Maybe

Like a lot of cities where recreational use of cannabis has been legalized, D.C. is in a cannabis quandary. Actually, a double quandary that illustrates some of the problems with public consumption in other cities and states where recreational use…

Medical Marijuana Spreading Globally: Cancer Treatment to Drive Growth

The medical marijuana business is growing across the globe, according to a report by Grand View Research, Inc. a San Francisco-based market research and consulting company. In the January, 2017, report, “Medical Marijuana Market Analysis by Application and Segment Forecasts”,…

FinCEN: Steady Upward Trend of More Commercial Banks Working With Cannabis Businesses

July 12, 2017
David Hodes
Banking, Finance & Real Estate, Compliance and Regulations, Policy & Legal
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The cannabis banking conundrum is getting better.. but still has a long way to go. That is the finding of recently released information by the Financial Crime Enforcement Network (FinCEN) that charted cannabis banking activity from January, 2014 to March,…

California Treasurer on Cannabis Banking: “There May Be Some Magic in Our Efforts”

In December, 2016, California State Treasurer John Chiang created a cannabis banking working group of members who hail from business and government – Lori Ajax, chief of the Bureau of Medical Cannabis Regulation; David Haithcock, executive director of the California…

Preparing for the Coming Economic Shift in California as Adult Use Looms

There is a big economic shift coming to California’s cannabis industry in January, when recreational adult use becomes operational. But the economic shift may be bigger than expected, according to report by the Bureau of Marijuana Control (BMC), even with…

Australia Working on Medical Cannabis Regulation as Industry Growth Accelerates Down Under

June 28, 2017
David Hodes
Australia, International, Policy & Legal
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Most of the recent international cannabis regulatory news is about either Canada or Mexico, with some attention to Germany, which legalized medical marijuana in March. Mexico President Enrique Nieto signed a decree in late June to legalize medical marijuana; Canada’s…

California Seen as a Force for Solving Banking Business Dilemma

June 21, 2017
David Hodes
Banking, Finance & Real Estate, Policy & Legal
0 Comments

One of the most pressing issues of the cannabis industry continues to be banking. Just Tuesday, June 20, the Marijuana Policy Project, a cannabis advocacy and lobbying organization, announced that they were going to be shut down by PNC bank.…

FDA’s New Alignment Could Help Accelerate Regulatory Work on Cannabis

The U.S. Food and Drug Administration (FDA) recently took steps to streamline its operations, which is designed to give the agency a methodology for quicker response to regulatory action about a food or drug and could become a major benefit…

Maryland medical marijuana program: A muted victory, then more uncertainty

The medical marijuana program in Maryland, legalized over four years ago, overcame a major snag in its development last Friday, only to face another hurdle the following Monday, with the no hard answers yet in sight and more frustration building…

The DEA play

By David Hodes It’s been nearly a year since the Drug Enforcement Administration (DEA) announced that they would open up research into marijuana and its chemical conditions with a new policy that would allow additional grows in the U.S. Reportedly,…

Contaminants in your cannabis still a troubling, controversial trend

As more medical cannabis dispensaries come online across the country, and as a group of recreational shops are set to open in Nevada this summer, the cannabis industry is taking more steps to protect the cannabis consumer from the toxic…

One senator’s insight into the political reality of medical marijuana in the South

South Carolina Republican Senator Tom Davis is a dedicated public servant on a mission that confirms why he got into politics in the first place. The calling began when the state passed its first medical cannabis bill that did little to…

Congressman focuses bright D.C. cannabis spotlight on popular legalization bill

Yesterday, May 17, Virginia Fifth District Congressman Tom Garrett announced more details of his bill, H.R. 1227, "Ending Federal Marijuana Prohibition Act of 2017" which he introduced in Congress in February. He updated the crowd of advocates and reporters with more…

Florida’s medical marijuana program: What’s next?

Florida’s medical marijuana bill is in limbo. It failed to pass on the state's last legislative session, May 5. Since it failed to pass, new rules are slated to be issued by Friday, May 13 by the Florida Department of…

Civil disobedience and cannabis: Time to quit?

May 4, 2017
David Hodes
District of Columbia, Pennsylvania, Policy & Legal
3 Comments

This is a tough thing to write about but I think now is the time. Over the last few weeks, over 30 people have been arrested for either possession of cannabis or smoking cannabis in both Washington, D.C. and Philadelphia,…