The Democrats Intro New Cannabis Bill and Los Angeles City Council Cause License Uproar

By: Infinity Broadcast Network
 
RIVERSIDE, Calif. - Nov. 13, 2019 - PRLog -- State-legal medical marijuana programs from federal interference are approved by the Senate as part of a broader spending bill, a provision that has been renewed every year since its introduction in 2014. House legislators hoped to extend those protections to all state cannabis programs, including recreational.

L.A. City Council President Herb Wesson causes uproar by calling for the city's latest round of licensing 100 marijuana businesses to be suspended and audited to ensure fairness and transparency. This comes after two applicants were able to get into the online system early, giving them an advantage over all other candidates. Some companies that had already been notified of winning results are threatening to sue if the process is halted, while others, like the California Minority Alliance, are applauding the redo.

Random inspections conducted for a research project investigating the shelf-life and packaging of marijuana reveal that cannabis at 20 of 25 Denver dispensaries fail mold and yeast tests. Although specific results weren't disclosed, such as the microbial levels and cannabis wholesaler names, the dispensaries were ordered to hold or quarantine the contaminated product, which they may then choose to destroy or retest.

Democratic lawmakers David Crowley and Sheila Stubbs introduce a bill that would decriminalize marijuana possession of up to an ounce, which is currently classified as a misdemeanor offense that can result in a thousand dollar fine and up to six months in jail. Democratic Governor Tony Evers has supported similar measures in the past, however, Republicans in the Senate maintain staunch opposition and are expected to block the bill from passing.

In finance, Michigan-based cannabis producer and retailer C3 Industries raises 16.5 million dollars in a private financing round led by Madison Square Park Capital, bringing their total funding to over 25 million so far. The company intends to use the capital to expand their operations in Michigan, Oregon, and Massachusetts, and enter Missouri's nascent MMJ market.

The province of Saskatchewan ditches its 51 adult-use cannabis retail store limit in favor of an open market system, following the lead of Alberta and British Columbia. Recreational cannabis sales have been sluggish in the province, increasing only 13 percent in the past five months, and new retail store openings are expected to provide a significant boost to the market.

Uruguay authorizes three new companies to grow recreational marijuana for commercial purposes after currently licensed cultivators ICC Labs and Simbiosys fail to keep up with consumer demand. The three winners, two of which are domestic and one U.S.-based company, will join the existing growers to produce up to 10,000 kilograms of cannabis flower per year at a price fixed by the government.

Written by: Jacqui Verdura

https://youtu.be/73eyb1wN45U

End
Source:Infinity Broadcast Network
Email:***@infinitybrandsinc.com Email Verified
Tags:Cannabis
Industry:Business
Location:Riverside - California - United States
Subject:Reports
Account Email Address Verified     Account Phone Number Verified     Disclaimer     Report Abuse
Infinity Inc PRs
Trending News
Most Viewed
Top Daily News



Like PRLog?
9K2K1K
Click to Share