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Montana eases medical cannabis advertising rules

9/9/21--Montana regulators loosened the proposed rules for medical cannabis advertising after operators expressed concerns at public hearings about the initial draft regulations. The rules apply only to MMJ businesses, and state regulators still are drafting rules for Montana’s recreational marijuana market, which takes effect Jan. 1, 2022. Read

Canadian cannabis industry ‘increasingly fragmented’ despite M&A

9/9/21--According to a report by Bank of Montreal analyst Tamy Chen, the Canadian cannabis industry is becoming more fragmented than ever, with the biggest licensed producers continuing to lose market share as a whole. Citing data from analytics firm Hifyre, the report notes that the top five licensed producers represented less than 40% of the Canadian market in August, down substantially from a year ago when the producers accounted for more than half of all retail sales. Read

Coalition pushes for federal marijuana legalization as chagrin with Biden grows

7/9/21--A bipartisan coalition of business and advocacy groups, including the powerful billionaire Koch family, issued a white paper this week with recommendations for federally legalizing marijuana like alcohol or tobacco. The 14-page white paper by the recently formed Cannabis Freedom Alliance came at the same time legalization advocates expressed increasing frustration with President Joe Biden’s stance on marijuana as exemplified by his response to sprinter Sha’Carri Richardson’s exclusion from the U.S. Olympic team for using the drug. Read