alaska marijuana Archives - Cannabis Business Executive - Cannabis and Marijuana industry news

Stalled marijuana tax reform bill elicits mixed reaction from industry in Alaska

Alaska lawmakers failed to pass a marijuana tax reform bill this session to the displeasure of some in the marijuana industry who are concerned the industry is beginning to spiral due to high prices as the result of burdensome taxation.…

Alaska House approves marijuana tax reform, advancing bill to Senate

A decade after Alaska voters legalized recreational marijuana, the Alaska Legislature is advancing the first major change to the law that opened commercial sales here. On Friday, the Alaska House of Representatives voted to change the state’s $50 per ounce marijuana…

Alaska Marijuana Control Board is considering doubling the amount of THC allowed in edibles

Alaska marijuana regulators are considering loosening restrictions on edible marijuana products in the state. The regulation change would double the amount of THC, the plant’s psychoactive compound, allowed in a single serving. Proponents of the change say it would benefit…

Alaska Pot Board Chair, a Gov. Dunleavy Critic, Being Replaced

January 16, 2020
AggregatedNews
Alaska
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JUNEAU, Alaska (AP) — The chairman of the board that regulates legal marijuana in Alaska, who also is a critic of Gov. Mike Dunleavy, said he was caught off guard by news that Dunleavy was replacing him. “You may quote me…

Alaska alcohol and marijuana control board votes to remove top regulator

October 4, 2019
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Alaska
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The Alaska Alcoholic Beverage Control Board has voted 5-0 to remove the state’s top alcohol and marijuana regulator. In a special meeting Thursday morning, members cited “differences in temperament” between the board and Erika McConnell, head of the Alaska Alcohol…

Alaska credit union to end marijuana business pilot program

An Alaska credit union plans to discontinue a pilot program to provide checking and savings accounts to marijuana-related businesses, an official said. Credit Union 1 will end the program Aug. 30 because critical insurance coverage will no longer be available,…

Alaska adopts rules for on-site marijuana consumption at retail shops

March 13, 2019
AggregatedNews
Alaska
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Alaska is set to be the first state with laws on the books regulating marijuana use in retail cannabis shops. Alaska Lt. Gov. Kevin Meyer on Tuesday signed off on new regulations that allow on-site cannabis use in retail marijuana shops. The…

Alaska credit union to serve marijuana businesses

A credit union will launch a pilot program to begin serving marijuana businesses in Alaska, giving the cash-reliant industry a financial option after banks shunned the industry. Most banks and credit card processors in the U.S. won't service marijuana businesses…

‘Real nonsense’: Why are Alaska marijuana buyers obsessed with high potency?

September 10, 2018
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Alaska
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In Alaska's cannabis stores, a trend has developed: Marijuana is often priced by its potency. Much like the alcohol percentage displayed on a bottle of wine, cannabis labels include THC percentages, which usually range from the low-teens to the mid-20s. But is the more…

Alaska Marijuana Board Fines Cannabis Competition For Illegal Sales

Alaska marijuana regulators have fined the operator of a pot competition, the Alaska Cannabis Classic, saying the event illegally sold marijuana and promoted public consumption. The Cannabis Classic, which took place May 19 in Anchorage, was fined $20,000, with $15,000…

States Are Considering ‘Sanctuary’ Status For Cannabis Businesses

March 5, 2018
AggregatedNews
Alaska, California, Massachusetts, Policy & Legal
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Taking a cue from the fight over immigration, some states that have legalized marijuana are considering providing so-called sanctuary status for licensed pot businesses, hoping to protect the fledgling industry from a shift in federal enforcement policy. Just hours after U.S. Attorney…

Alaska Announces New Director of Alcohol and Marijuana Control Office

February 22, 2017
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Alaska
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The state announced Tuesday (Feb. 21) a new head for the office in charge of regulating alcohol and marijuana. Erika McConnell has worked in Anchorage’s municipal planning department for more than a decade. More recently, she wrote the city’s regulations for…

First Legal Marijuana Dispensary in Alaska May Open This Week

October 25, 2016
AggregatedNews
Alaska, Retail
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Two Kenai Peninsula growers wasted no time delivering their product to the state's first cannabis testing facility when it opened its doors at 8 a.m. Monday in Anchorage, one of the final steps before Alaskans can legally purchase marijuana. Leif Abel, co-owner of Greatland Ganja,…

Three More Marijuana Licenses Approved by Anchorage Assembly

October 19, 2016
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Alaska
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At Tuesday’s Anchorage Assembly meeting, just two people spoke out against a midtown marijuana business that a Campbell Elementary School employee protested in a school message to parents on Monday. The employee, who has not be identified, sent out an audio…

Here’s Where You’ll Be Able to Buy Legal Marijuana in Alaska

September 29, 2016
AggregatedNews
Alaska, Retail
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Alaska is likely just weeks away from the state’s first legal marijuana sales, according to Cynthia Franklin, the Director of the Alcohol and Marijuana Control office. As of Sept. 28, there are 33 marijuana businesses listed in “active status” for…