Massachusetts Plans Marijuana, Tobacco Vape Financial Impact Estimate

Massachusetts Gov. Charlie Baker’s administration on Friday plans to file a statement estimating the financial impact to small-business owners from the statewide ban on all vaping products. The Republican governor also plans a Nov. 22 public hearing on the statewide ban, which was the first in the nation. In September, Massachusetts banned the sale of […]

Massachusetts plans marijuana, tobacco vape financial impact estimate is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Original Article Source: https://mjbizdaily.com/massachusetts-plans-marijuana-tobacco-vape-financial-impact-estimate/

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Mormon Church Faces Potential Lawsuit Over Medical Marijuana Opposition

Political committees concerned with marijuana law reform in four states have waged an information war over the past year, first to qualify cannabis initiatives for the ballot, and then to support or oppose those measures in the lead-up to last week’s midterm elections. In total, over $12.9 million in cash and in-kind services was spent attempting to convince voters about these marijuana ballot measures. Now that voters have had their say, Marijuana Moment decided to calculate how much each “yes” and “no” vote cost the committees on either side of the debate. Our calculations are based on dollars raised and disclosed before the election, since final totals of actual expenditures won’t be available until December or January reports required in the states that voted on cannabis. Michigan In Michigan, where voters approved marijuana legalization , our calculations show that the two anti-legalization committees spent about $1.28 per “no” vote, as they raised $2.37 million for ...

Dixie Brands To Enter Oklahoma Marijuana Market Through Deal With Globus

Dixie Brands, a Denver-based consumer packaged goods company, said it is entering the Oklahoma medical cannabis market through a manufacturing and distribution agreement with Globus Holdings. Oklahoma marks the sixth state where Dixie has operations. The company trades on the Canadian Securities Exchange under the ticker symbol DIXI . There are roughly 130,000 medical marijuana patients in Oklahoma, where voters approved a ballot measure in June 2018. For more details about the agreement, click here . Get access to more in-depth market analysis, premium features on cannabis investing trends and monthly executive webcasts with an Investor Intelligence subscription . Original Article Source: https://mjbizdaily.com/dixie-brands-enters-oklahoma-marijuana-market-through-deal-with-globus/

NY Dem Chair Warns Against Passing Voter-Supported Marijuana Legalization Bill

The head of New York’s Democratic Party said on Thursday that if the state Senate votes on a marijuana legalization bill, his party’s lawmakers run the risk of alienating voters and losing reelection next year. Jay Jacobs, the state party chairman, claimed that several “far progressive” measures, including cannabis legalization, lack popularity in certain areas across the state such as Long Island and upstate New York. He cautioned lawmakers against putting the issue to a vote, arguing that voters would “throw us out of office.” “It could be the straw that breaks the camel’s back,” he told Newsday. Polling doesn’t support that conclusion, though. According to a March 2019 survey from Quinnipiac, 65 percent of New Yorkers are in favor of allowing adults to legally possess cannabis for personal use. That includes 63 percent of respondents in upstate New York and 65 percent of those living in the suburbs. Sixty-six percent of independents statewide also back ending marijuana prohibit...

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