Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana.

Let’s start with a look at the new marijuana market in Illinois.  First day sales topped $3 million and 77,000 transactions at more than 40 dispensaries.  All those new customers have led to shortages; clearly,

Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana.

The big news on Capitol Hill this week was the Senate’s lack of action on the banking bill.  Senator Mike Crapo (R-Idaho), the chairman of the Senate banking committee, opposes legalization and seemed disinclined to move

Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana.  There’s lots of news to cover this week, so let’s jump right in.

New Jersey is talking about decriminalizing marijuana.  Regular readers will doubtless recall that legalization failed earlier this year  and that lawmakers are considering

Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana.

Those in the marijuana industry in California will face a higher tax bill in January.  The 15% tax rate will remain the same, but it will be based on a markup rate of 80%, rather

Businesses should take note of recent developments in the CBD space. Consumer protection regulatory agencies issued another joint warning to a company selling CBD products making allegedly unsubstantiated claims. And, the FDA continues to stick to its public position that it is working toward both understanding the impact of CBD on users and crafting an effective regulatory framework. Despite this activity, Congressional leaders are still nipping at the heels of the FDA. Senator Chuck Schumer called on the FDA to issue and implement its CBD regulatory framework as soon as possible, and to report back to his office on its progress to date. In the interim, businesses will be left wondering what the rules of the road are.
Continue Reading FDA and FTC Issue Joint Warning Letter For CBD Products and Senator Schumer Applies Pressure on FDA to Regulate CBD

Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana.

As is so often the case, the states were the big newsmakers this week.  In Maine, the Office of Marijuana Policy will start accepting applications for retail sales on December 5.  As of today, it’s