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New Hope For Alabama Medical Marijuana Program As Judge Considers Revising Licensing Restrictions
Thursday, September 5, 2024 - 12:07pm | 507Efforts by Alabama medical cannabis patients and advocates who called for an expedited process to overcome bureaucratic challenges hindering the program's rollout seem to be paying off. Implementation of Alabama's medical marijuana program, legalized in 2021, was postponed due to ongoing legal...
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'Real-Life American Hero' And Veteran Can't Get His Medicine As Alabama Medical Cannabis Legal Saga Continues, Activists Say Enough Already
Friday, July 26, 2024 - 12:30pm | 864Alabama lawmakers green-lighted the medical marijuana program in 2021, but litigation over licenses caused delays in license allocation, leaving patients in need of the plant on standby for three years. "This delay is not just an administrative failure but a critical issue impacting the health and...
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Nvidia Could Be Worth Nearly $50 Trillion In A Decade, Says Early Tesla, Amazon Investor: Nearly 2X That Of US Or 3X Of China's Current GDP
Monday, July 15, 2024 - 12:38am | 999A prominent tech investor predicted that NVIDIA Corp. (NASDAQ:NVDA) could achieve a market capitalization of nearly $50 trillion within the next decade. What Happened: James Anderson, an early investor in companies like Tesla Inc (NASDAQ:TSLA) and Amazon.com Inc (NASDAQ:AMZN), expressed his bullish...
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Third Time Was Not The Charm: Alabama Judge Blocks Medical Marijuana Permits
Friday, January 5, 2024 - 11:01am | 452Alabama’s medical cannabis regulator won't be issuing facility licenses after all. The Montgomery County Circuit Court Judge James Anderson issued a restraining order on Wednesday, preventing the Alabama Medical Cannabis Commission (AMCC) from doing so, writes Alabama Political Reporter. Why...
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Setback Strikes Alabama's Medical Cannabis Industry, Licenses On Hold Yet Again
Tuesday, January 2, 2024 - 12:33pm | 724Alabama’s medical marijuana regulator wrapped up 2023 with yet another setback in its efforts to issue licenses to businesses seeking to legally dispense the plant. On Thursday, Montgomery Circuit Judge James Anderson issued a temporary restraining order putting a hold on the issuance of...
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Controversy Over Medical Cannabis Licenses Continues In Alabama, Arizona Puts Cannabis Tax Dollars To Good Use & More Regs
Thursday, December 28, 2023 - 4:39pm | 789Arizona Puts Cannabis Tax Dollars To Good Use With Justice Reinvestment Grants Last week, Arizona state officials announced that 18 community nonprofits have been granted the initial round of Justice Reinvestment Grants. The grants program is funded through taxes on legal cannabis sales and is...
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Cannabis Licensing Saga Continues In Alabama, Troubled Marijuana Regulator Hit With New Lawsuit
Wednesday, December 6, 2023 - 12:26pm | 456Alabama cannabis regulator is facing yet another lawsuit following its third attempt on Friday to allocate much sought-after medical marijuana business permits. Last week, the Alabama Medical Cannabis Commission granted 20 licenses for cultivation, processing, distribution and testing. The two...
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Alabama's Third Attempt To Set Up Its Medical Cannabis Industry: 20 Licenses Granted For Now
Monday, December 4, 2023 - 11:11am | 651Alabama's cannabis regulator granted 20 licenses recently for the production and distribution of medical marijuana, reported the Alabama Reflector. This is the third attempt on the part of the Alabama Medical Cannabis Commission to kickstart the new industry. The two failed attempts in...
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Green Light For Cannabis Licenses On The Horizon As Alabama Regulator Resolves Disputes
Tuesday, November 21, 2023 - 2:01pm | 660A Hail Mary attempt by the judge overseeing multiple lawsuits against the Alabama cannabis regulator around its two failed attempts to issue medical cannabis licenses seems to be working out. The Alabama Medical Cannabis Commission (AMCC) has successfully resolved a majority of the issues raised by...
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Judge Goes Easy On Cannabis Regulator, Maine Weed Workers Partner With Aerospace Workers & More Updates
Friday, October 20, 2023 - 12:32pm | 733Alabama Judge Amends Cannabis Licensing Restraining Order Montgomery Circuit Judge James Anderson has amended a temporary restraining order that halted the ongoing medical cannabis licensing process undertaken by the Alabama Medical Cannabis Commission (AMCC), reported the Alabama...
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Alabama Judge Strikes Down Verano's Lawsuit, What Happens Now With Companies Still Fighting State Cannabis Regulator?
Monday, October 16, 2023 - 10:04am | 1032Last week, Montgomery County Circuit Court Judge James Anderson decided to dismiss a lawsuit against the Alabama cannabis regulator brought by Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF), reported Alabama Daily News. The news came ahead of Verano getting the green light to begin trading its...
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Alabama Courtroom Drama Unfolds As Cannabis Licenses Continue To Hang In Balance
Thursday, October 12, 2023 - 9:53am | 738On Tuesday, the Alabama cannabis regulator submitted a request to the Montgomery Circuit Court, urging the dismissal of a lawsuit filed by Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF), reported Alabama Reflector. What Happened The lawsuit from the Chicago-based cannabis company and its...
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This Bill Could Make Smoking Weed Near Children Illegal In NY And Latest Cannabis Updates In CA, AL & AK
Tuesday, October 10, 2023 - 3:24pm | 926New York Smoking Bill A bill seeking to make smoking marijuana near children illegal in New York was introduced by Assemblyman Phil Steck, (D) last month. Under the A.8025, use of cannabis is not allowed within a 30-foot radius of a child or any area frequented by children for recreational or...
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Alabama Cannabis Saga: Judge Wants Quarrelling Parties To Get Along, Decision Expected Next Week
Tuesday, August 29, 2023 - 3:19pm | 647An Alabama Cannabis Industry Association (AMCC) official urged those gathered in court on Monday to allow businesses that were awarded medical cannabis licenses to launch operations. "Let the cultivators go ahead and cultivate, let the processors go ahead and do what they do," the...
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Millions Of Dollars Could Go Down The Drain If Alabama Cannabis Saga Continues, CEO Reminds Of His Pledge
Monday, August 28, 2023 - 12:57pm | 657As Alabama's cannabis regulators prepare to redo medical marijuana's license allocations yet again, after failing to award them twice, the CEO and founder of one of the major players in the space reached out to Governor Kay Ivey. George Archos, the successful...