GENERAL

Title: The price of cannabis is falling, suggesting a supply glut. Hazy regulations encourage American marijuana firms to list in Canada

Author: The Economist

Date: 16 November 2017

URL: https://www.economist.com/news/united-states/21731450-hazy-regulations-encourage-american-marijuana-firms-list-canada-price-cannabis?mc_cid=62167d9c45&mc_eid=178dec0b63

Extract: In addition to falling prices, firms find funding elusive. Investors remain skittish about the industry, and accessing American stock markets is onerous. Instead, firms are moving north to Canada, listing themselves on Canadian stock markets to raise capital, and then investing the funds in American companies. One such company, iAnthus Capital Holdings, has raised nearly $50m says Hadley Ford, the co-founder. Mr Ford, a Wall Street veteran, found the northern relocation curious at first, but eventually adjusted. “It’s like what John Dillinger said when asked about why he robbed banks,” he says. “’That’s where the money is.

 

Title: What Should I Name My New Weed Business? A Short Primer on Cannabis Trademarks

Author: Forbes

Date: 16 November 2017

URL: https://www.forbes.com/sites/julieweed/2017/11/16/what-should-i-name-my-new-weed-business-a-short-primer-on-cannabis-trademarks/#175d784552c7

Extract: Companies in the marijuana industry can safeguard their brands with three levels of trademark protection – Federal, State or Common Law – depending on their particular use of a trademark. The registration process can be complicated according to Mary Shapiro, Managing Director at Evoke Law in San Francisco, but “Cannabis brands can get trademark protection.”

Week in Review: CA marijuana rules, Maryland’s MMJ launch & Sessions + cannabis

 

FEDERAL

Title: Sen. Cory Gardner to co-sponsor federal bill to let canna-businesses take tax deductions. Our current tax code puts thousands of legal marijuana businesses throughout Colorado at a disadvantage by treating them differently than other businesses,” said Gardner

Author: The Cannabist

Date: 15 November 2017

URL: http://www.thecannabist.co/2017/11/15/cory-gardner-marijuana-business-irs/92441/

Extract: The Colorado Republican said Wednesday that he would sign on as a co-sponsor of the Small Business Tax Equity Act, which was introduced earlier this year by Sens. Ron Wyden, D-Ore., and Rand Paul, R-Ken. The bill would create an exception to Internal Revenue Code 280E, which currently disallows credits and deductions from income generated by sales of controlled substances.

“Our current tax code puts thousands of legal marijuana businesses throughout Colorado at a disadvantage by treating them differently than other businesses across the state,” Gardner said in a statement emailed to The Cannabist. “Coloradans made their voices heard in 2012 when they legalized marijuana, and it’s time for the federal government to allow Colorado businesses to compete.

KENTUCKY

Kentucky task force will study medical marijuana legalization

Kentucky’s Secretary of State Convenes Medical Cannabis Task Force

 

OHIO

 

Title: MMCP PROCESSOR APPLICATION Q&A

Author: OMMCP

Date: 16 November 2017

URL: https://medicalmarijuana.ohio.gov/News?articleID=96

Extract: The Department of Commerce has posted answers to questions received in the Q&A session for the processor application process. Click here to view the answers to the questions that fell within the scope of the processor application process.

 

TEXAS

Title: CBD products sold in Texas spark legal debate

Author: Texas Cannabis Report

Date: 17 November 2017

URL: http://txcann.com/cbd-texas-legal-debate/

Extract: Could those products get you arrested in Texas though? While a polarizing debate takes place, one lawyer, Kyle Hoelscher, who practices in Corpus Christi and also heads up Corpus Christi NORML, says yes. In the past year, Hoelscher has taken on four clients who were arrested for possessing CBD products.

 

 

 

Title: Medical Marijuana Weeks Away From Being Sold Legally In Texas

Author: CBSDFW

Date: 15 November 2017

URL: http://dfw.cbslocal.com/2017/11/15/medical-marijuana-legally-texas/

Extract: Texas is weeks away from the first legal sale of medical marijuana. Two years after lawmakers legalized the drug for epilepsy patients, the state has licensed a company operating as Knox Medical to dispense the drug.

 

WYOMING

Title: Wyoming lawmakers advance bills addressing non-plant form marijuana

Author: Wyoming News

Date: 16 November 2017

URL: http://www.wyomingnews.com/news/local_news/wyoming-lawmakers-advance-bills-addressing-non-plant-form-marijuana/article_8155d318-cb65-11e7-b802-9be2efc95d01.html

Extract: WHEATLAND – Wyoming lawmakers advanced legislative options Thursday as they attempt to close loopholes in marijuana laws for the fourth consecutive year.