Man Arrested For Death Threat Against Pro-Marijuana Congressman

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Last week ended on a strange note for lawmakers in Virginia Beach, Virginia. Following an explosive encounter, we see a man arrested for death threat against pro-marijuana Congressman Scott Taylor.

Encounter Spins Out of Control

According to the Department of Justice, the incident occurred last Thursday when 69-year-old Wallace Grove Godwin visited the office of Virginia Congressman Scott Taylor. When a conversation about marijuana policy intensified, Godwin allegedly threatened Rep. Taylor and two of his staff members.

Official documents from the DOJ reported that Godwin said: “Scott is having an event this Saturday. I am going to get my shotgun and do something about this. I will handle this myself.”

He then reportedly pointed at two of Taylor’s staff members who were standing nearby and told them: “You two are next.”

Godwin is allegedly registered to carry concealed firearms. Given that, staffers took the threats seriously and Godwin was soon arrested.

 

He was charged with threatening to murder and assault a United States official. That is a felony charge that could lead to as many as 10 years in prison. However, the DOJ said that sentences for federal crimes are typically less than the maximum. Godwin appeared in court last Friday.

A History of Confrontations

This isn’t the first time that Godwin has confronted Rep. Taylor. Apparently, marijuana policy has been a real point of tension for Godwin.

In 2017, Godwin showed up at Rep. Taylor’s private home and got into a heated fight about marijuana law. Eventually, Taylor told him to leave and Godwin did. Additionally, there was another incident very similar to last week’s in which Godwin went to Rep. Taylor’s office and started yelling at his staff members.

On top of all that, Godwin has tried taking his anti-marijuana anger directly to the top. Last year, Godwin filed a lawsuit against the federal government. In his suit, he claimed that the government was failing to enforce federal cannabis laws. The lawsuit was dismissed.

Final Hit: Man Arrested For Death Threat Against Pro-Marijuana Congressman

It seems likely that Rep. Taylor’s history with cannabis legislation is at the root of Godwin’s frequent confrontations. In particular, Godwin—who is an avid opponent of marijuana—may be frustrated that Taylor was an original co-sponsor of the Ending Federal Marijuana Prohibition Act of 2017.

That bill included a large number of co-sponsors and included both Democrats and Republicans like Rep. Taylor.

 

The question of how the federal government will approach cannabis has become an increasingly hot topic in recent months. Much of the growing intensity surrounding the debate stems from actions taken by Attorney General Jeff Sessions.

In January, Sessions started the new year by rescinding an important Obama-era policy on state cannabis laws. The policy, known as the Cole Memo, directed federal agencies to take a hands-off approach when it comes to dealing with states where weed is legal. By rescinding that policy, Sessions effectively opened the door to a federal crackdown on weed-legal states.

Sessions is an outspoken opponent of cannabis. He has also recently tried to blame cannabis for the ongoing opioid crisis. His anti-weed campaign has escalated tensions between weed-legal states and the federal government, and between those who favor legalization and those who do not.

Colorado Plans To Survey Residents On Weed Consumption And Driving

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The Colorado Department of Transportation is encouraging Coloradans to “join the cannabis conversation” about driving under the influence. The new initiative, called The Cannabis Conversation, seeks input from cannabis users and non-users alike. Officials want to hear the opinions, habits, behaviors and other thoughts people have about marijuana and driving. But as Colorado plans to survey residents on weed consumption and driving, the actual impact of legal cannabis on traffic safety isn’t fully understood.

The Department of Transportation hopes their drugged driving initiative will help the state develop practical solutions and assuage public concerns.

Colorado Department Of Transportation Launches Drugged Driving Initiative

Around midsummer last year, newspapers in Colorado began running stories that recreational cannabis use was contributing to a spike in driving accident fatalities.

The Denver Post, for example, ran a story in August reporting that more drivers involved in fatal crashes were testing positive for marijuana use. Yet the authorities quoted in that story admitted that the numbers cannot definitely be attributed to recreational legalization.

The issue is further complicated by the fact that testing for cannabis consumption is tricky. Different detection methods test for consumption in different windows.

 

Did a driver involved in a fatal accident used cannabis prior to getting behind the wheel? Were they high while they were driving? Or did they just consume cannabis at some point in the past?

In short, the correlation of the data is strong. But proving causation is a different and more difficult matter. In their search for answers, Colorado plans to survey residents on weed consumption and driving.

Colorado’s Drugged Driving Problem By The Numbers

Police, public safety officials, and victims families all say the numbers are too high to ignore. Between 2013-2016, drivers involved in fatal accidents in Colorado rose from 627 to 880, about a 40 percent uptick.

In the same period, drivers who tested positive for alcohol in those fatal crashed increased 17 percent. However, the number of drivers who tested positive for cannabis jumped from 47 in 2013 to 115 in 2016, a 145 percent spike.

Those numbers sounded the alarm for many public health and safety officials in Colorado. And CDOTs drugged driving initiative is the first significant step toward addressing what is undeniably a real concern for many.

 

Many suspect the root of the problem is cannabis users’ perception that driving high isn’t a major concern. And that’s why Colorado plans to survey residents on weed consumption and driving.

Officials want to better understand why some cannabis users don’t seem to take the dangers associated with high driving very seriously. And more importantly, what it will take to make these drivers change their minds.

Final Hit: Colorado Plans To Survey Residents On Weed Consumption And Driving

The Department of Transportation’s survey is completely anonymous and only takes about five minutes to complete.

Questions range from the practical to the highly subjective. How often do you drive? Consume cannabis? And do you think society still stigmatizesmarijuana use?

The survey also wants to know where you consume cannabis, how you consume it, and who/where you get it from.

Midway through the survey, you have the feeling you’re being interrogated about your cannabis lifestyle in general, not just about your thoughts on driving.

But right about around question ten, the survey takes a turn back to questions that aim at the heart of the issue. Do you drink when you smoke? Do you drive? And when you are high, how do you get around? Are your stoned friends giving you a lift?

The survey, overall, is this odd blend of informative and perceptual questioning. Gathering data about real cannabis habits but also asking people to reveal how they think other people view them.

And more interestingly, how capable they think law enforcement is at identifying drugged driving.

Do you think cannabis makes you a better driver? What would convince you not to drive high? If you knew cops were just as good at catching high drivers than drunk drivers, would you drive high less often?

At the end, the survey pivots to what feels like a pop quiz about the legality of driving under the influence of cannabis.

The answers to these types questions are obviously “yes,” but CDOT isn’t sure people really understand the law. And finally, the most interesting question. Who would you believe, who would actually convince you, if they told you driving high was unsafe?

Recreational Marijuana Isn’t Legal in Florida

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TALLAHASSEE, Fla. (AP) — Recreational marijuana isn’t legal in Florida, despite a widely shared online report that the Legislature had passed a measure legalizing use.

The website yourdailyideas, in a story dated from Orlando, Florida, reported lawmakers had agreed on legalization to “jump-start the economy.”

First, Florida’s Legislature and governor are based in the capital, Tallahassee. And lawmakers did not act on any recreational marijuana bills, said Karol Molinares, deputy communications director for the Florida House of Representatives’ Democratic Office.

Seventy-one percent of Florida voters in 2016 approved a constitutional amendment for the legalization of medical marijuana. Lawmakers produced a bill in the next session to implement rules and regulations. However, Molinares said lawmakers couldn’t agree on the number of retail locations that would be allowed to open.

The Department of Health has been tasked with drawing up and implementing new rules.

Marijuana for medical use has been available in the state to those who qualify; registered patients in the state have had access to medical marijuana since 2017.

This is part of The Associated Press’ ongoing effort to fact-check misinformation that is shared widely online, including work with Facebook to identify and reduce the circulation of false stories on the platform.

Legislative Roundup: Marijuana in California, Hawaii, Georgiav

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California’s legislative effort to provide a temporary tax cut for recreational marijuana advances, Hawaiian legislation addressing patient reciprocity is referred to the Senate Committee on Ways and Means, and a Georgia initiative to amend the state’s Low THC Oil Patient Registry gets a vote.

Marijuana policy is in a constant state of legislative flux. While some states have legalized cannabis for medicinal use, others have passed laws allowing for recreational consumption. In either event, elected officials around the country are routinely proposing, updating, and modifying their legislative agendas to reform America’s marijuana laws. In an effort to keep our community informed, Marijuana.com will now provide a weekly update on the legislative efforts of our elected officials.

While the politics of cannabis ebbs and flows in 2018, the legislative calendar for America’s lawmakers is packed with marijuana legislation.

California

 

Last Thursday, legislation that would cut the recreational marijuana sales tax rate from 15 percent to 11 percent and suspend all cultivation taxes for threes years, was referred to the Assembly’s Committee on Revenue and Taxation. Assembly Bill 3157, co-sponsored by Rob Bonta (D- 18th District), Ken Cooley (D- 8th District), Reggie Jones-Sawyer Sr. (D- 59th District), Tom Lackey (R- 36th District), and Jim Wood (D- 2nd District), would temporarily modify the current tax structure so California’s legal adult-use market can compete against black market sales.

Hawaii

 

 

Last Friday, a bill addressing medical marijuana reciprocity, THC potency, and employment metabolite testing was referred to the Senate Committee on Ways and Means. In addition to allowing authorized medical marijuana visitors to access Hawaiian dispensaries, House Bill 2729 would allow the Department of Health to extend the maximum period of validity of any written certification to three years for those with chronic medical conditions.

Georgia

 

Georgia House Bill 65, passed by the Senate on Friday with a 29-16 vote, would broaden the legal parameters for medical marijuana use and would allow state-sanctioned patients to utilize low THC oil to combat a host of debilitating diseases. After first receiving the proverbial green light from elected officials in George’s House of Representatives (156-6), HB 65 is now headed for the governor’s desk where Zell Miller will either sign or veto the bill.

On the calendar

Marijuana legislation will receive a hearing this week in Colorado, Arizona, Montana and New Hampshire.

Colorado’s Senate Business Labor and Technology Committee will consider SB 211 on Monday at noon. The legislation would authorize and permit licensing for marijuana consumption within specific clubs.

Before Arizona’s Senate Rules Committee at 1 p.m.  Monday, House Bill 2067 addresses doctors that offer unlawful medical marijuana recommendations. Considered a partisan bill, HB 2067 was passed by the Senate Health and Human Services Committee on March 14, by a 5-2 vote.

A Missouri bill seeks to legalize the cultivation of industrial hemp. HB 2034, passed by the House of Representatives in late February, will receive a hearing today at 2 p.m. before the Missouri Senate’s committee on Agriculture, Food Production and Outdoor Resources.

On Tuesday, New Hampshire’s SB 380 will receive a hearing at 1:15 p.m. before the House of Representatives Committee on Health, Human Services and Elderly Affairs. The legislation seeks to amend state law governing the use the of medical marijuana for therapeutic purposes, “clarifying certain information on the registry identification cards and designated caregivers for minors.”

Jamaica’s Kaya Farms Becomes First Medical Marijuana Dispensary To Open

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Jamaica’s Senate first passed legislation on Bob Marley’s birthday in 2015 to decriminalize medical marijuana – and on March 10, the tiny island country opened its first dispensary.

Up and running months after being issued a license by the Cannabis Licensing Authority (CLA), Kaya Farms is located in St. Ann and their facility features the Kaya Herbhouse, Kaya Cafe and Kaya Spa, according to the Jamaica Gleaner.

“There’s marijuana galore – Grape Escape, Love Triangle, 9lb Hammer, Golden Back, Sting-a-ling, and Flo, just to name a few of the varieties of herbs you can get.”

Jamaica’s newest industry is legal for medicinal purposes only, but the Jamaica Gleaner mistakenly reported on Feb. 28 that “Kaya will provide medicinal and recreational ganja to locals and tourists.” While Jamaica may eventually end up selling for recreational purposes – it’s strictly medical for now.

Clearing up any recreational ambiguity surrounding Jamaica’s new medical marijuana program, the CLA issued the following statement in a March 7 press release:

“The Authority would like to make clear that the statement by the Gleaner as it relates to the licencee being granted a licence for the recreational sale of cannabis is erroneous and unfortunate. The Authority would like to further reiterate the fact that all licences granted are for medicinal purposes only and not for recreational.”

In 2015, amendments to Jamaica’s Dangerous Drug Act legalized the licensed handling of “ganja for medicinal, scientific and therapeutic purposes under a licensing regime.”

Still illegal to import or export – or use recreationally – there are five types of licenses currently available through the CLA:

Cultivator’s Licence: Tier 1 – Cultivate up to 1 acre (4,047 square metres) of land with ganja for medical, scientific and therapeutic purposes. Tier 2 – Cultivate between 1 and 5 acres (4,047 – 20, 235 square metres) of land with ganja for medical, scientific and therapeutic purposes. Tier 3 – Cultivate over 5 acres (20,235 square metres) of land with ganja for medical, scientific and therapeutic purposes.

Processing Licence: Tier 1 – Process ganja for medical, scientific and therapeutic purposes, including the manufacturing of ganja based products, in a space of up to 200 square meters. Tier 2  – Process ganja for medical, scientific and therapeutic purposes, including the manufacturing of ganja based products, in a space of over 200 square meters.

Transport Licence: Transport ganja between two licensed premises in an approved motor vehicle.

Retail Licence: Pharmacy or Dispensary – Sell ganja products for medical, scientific and therapeutic purposes. Herb House – Sell ganja products for medical, scientific and therapeutic purposes, with a space for immediate consumption by consumers. Therapeutic – Provide therapeutic or spa services utilising ganja products.

Research and Development Licence: Experimental  – Undertakes all activities involved in the assessment, study, research, development and testing of products derived from all or any part of the cannabis plant, including the analytical services for own use.

Analytical Services: Provide commercial services exclusively for the determination of any or all of the constituents, characteristics, quality or safety parameters of cannabis or cannabis products by accepted and/or accredited methods.

Čulture Dôctor@SonjahStanley

“For chairman and ‘Chief Ganja Officer’ of Kaya Farms, Balram Vaswani, opening the first medical marijuana dispensary in #Jamaica was a dream come true.” —- Kaya Farms now open for business - First #cannabis dispensary in Jamaica http://jamaica-gleaner.com/article/social/20180316/kaya-farms-now-open-business-first-cannabis-dispensary-jamaica#.WqzPtfOIbQ8.twitter …

1:21 AM - Mar 17, 2018

 

Kaya Farms now open for business - First cannabis dispensary in Jamaica

For chairman and ‘Chief Ganja Officer’ of Kaya Farms, Balram Vaswani, opening the first medical marijuana dispensary in Jamaica was a dream come true. At the opening of the St Ann-based facility that...

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“Opening the first medical marijuana dispensary in #Jamaica was a dream come true,” according to Balram Vaswani, proprietor of Kaya Farms.

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Arkansas Judge Considers Effort to Halt Marijuana Licenses

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LITTLE ROCK, Ark. (AP) — An Arkansas judge said Friday he’ll rule by the middle of next week on whether to allow the state to issue its first licenses for companies to grow medical marijuana after hearing complaints from an unsuccessful applicant challenging the permitting process.

Pulaski County Circuit Judge Wendell Griffen did not rule after hearing testimony from the state and Naturalis Health LLC, which wants the 95 applications for medical marijuana cultivation facilities to be re-scored by an independent evaluator. The Medical Marijuana Commission had planned to issue licenses to the top five applicants on Wednesday, but Griffen issued a temporary restraining order halting the process so he considered the request for a preliminary injunction.

“This is a potential billion dollar industry,” Keith Billingsley, an attorney for Naturalis, said during closing arguments. “Ninety-five people submitted applications and spent a lot of time, including my client, on this process assuming the state of Arkansas would get it right, that the state of Arkansas would conduct a blind examination of applications and that it would be done in a fair and impartial way.”

Naturalis ranked 38th out of the 95 applications submitted, state officials said.

Arkansas voters in 2016 approved a constitutional amendment legalizing medical marijuana for patients with certain conditions. The commission is expected later this year to license up to 32 dispensaries to sell the drug.

The company’s lawsuit claims the process for scoring applications and awarding the licenses is flawed. The company also cites two potential conflicts of interest, including one commissioner whose law firm represents the owners of one of the facilities that was going to receive a license in non-marijuana related matters. The state, however, has said that the applications scored by the commissioners were redacted and did not include any identifying information about the applicants.

The state has also said Naturalis has not proved it would suffer irreparable harm if the state is allowed to award the licenses.

“The fact that they spent money to get ready for an application and they submitted an application that was a losing application and, if they were possibly scored again and they improved their ranks from 38th to one of the top five, they might then reap the return on their investment, those are speculative harms,” Deputy Attorney General Monty Baugh said.

Griffen earlier Friday also denied an effort by the state to dismiss the company’s complaint, rejecting arguments that Arkansas was immune from the lawsuit and that Naturalis did not have standing to sue.

Arkansas has approved more than 4,500 applications for patients to use medical marijuana and will issue registry cards about a month before the drug is expected to be available legally.

This Canadian Cannabis Company Just Joined Forces With Big Pharma

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The deal was announced today by Tilray Inc: the cannabis company just joined forces with Big Pharma. Tilray is a licensed manufacturer of medical marijuana products. The Toronto-based firm has production operations in British Columbia. The company just signed an exclusive agreement with Sandoz Canada of Quebec. Sandoz is a subsidiary of Sandoz International, part of the Novartis healthcare conglomerate.

A Tilray executive says this is the first time a cannabis company has entered into a deal with Big Pharma in Canada.

Under the new deal, Tilray will be the sole partner to create non-combustible medical cannabis products with Sandoz. Together, the two companies will make co-branded capsules, topicals, sprays and similar medicines.

Brendan Kennedy is the president and CEO of Tilray. He told reporters that his firm had considered a deal with several other pharma companies before settling on Sandoz.

 

“A lot of pharmaceutical companies are paying attention to what’s happening in this industry, and over the past few years, we’ve had conversations with a few of them… This is a huge milestone for us,” Kennedy told reporters.

Deal Puts A Familiar Name On New Products

Kennedy says that for many patients, there is still a stigma attached to cannabis. Therefore, they may be reluctant to try medical marijuana products.

The alliance with Sandoz puts a recognizable name on medicines newly on the market. Consequently, patients, doctors and drug stores are more likely to accept them.

“That was part of the opportunity we saw… To distribute Tilray products that have the Sandoz logo that pharmacists, physicians, and patients are used to seeing in their pharmaceutical packages. I think that will give physicians confidence and trust in our brand and our product,” he said in an interview.

Cannabis Gaining Acceptance In Canada

Canada legalized medical marijuana in 2001. Since then, it has gained in popularity, especially recently. In April 2017 the country’s health department Health Canada reported nearly 175,000 registered medical marijuana patients nationwide. That number soared 35 percent to more than 235,000 in just seven months.

As more patients accept medical marijuana, the healthcare industry has taken notice. The number of doctors who have written medicinal cannabis recommendations has risen, as well. Not totally surprising since we now know the benefits of THC and CBD.

 

Some pharmacy chains, such as Shoppers Drug Mart and PharmaChoice have signed contracts and begun to set up supply chain infrastructure to provide medical marijuana products.

Even insurance companies are getting in the game. Sun Life Financial responded to client requests and added medical marijuana coverage as an option for its group health plans earlier this year.

And some plan sponsors, such as Loblaw Companies Ltd. and the Ontario Public Service Employees Union, already include coverage for medical marijuana.

Canada is scheduled to legalize recreational pot later this year.

Final Hit: This Canadian Cannabis Company Just Joined Forces With Big Pharma

Tilray has a three-step plan to implement its deal with Sandoz.

First, the company will focus on product development to create new medical marijuana therapies. The company then plans to take advantage of its sales and distribution infrastructure to educate pharmacists about the new products.

Finally, the firm will distribute Tilray Sandoz medicines to Canadian pharmacies nationwide. Will the world finally see moonrocks in orange ‘scrip bottles? The possibilities are limitless.

California Lawmakers Are Pushing For Lower Tax On Legal Cannabis

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California lawmakers are pushing for lower tax on legal cannabis in an effort to thwart the black market. Two members of the state assembly announced a bipartisan plan Thursday that would reduce taxes on legal pot. California’s fledgling cannabis industry began January 1 of this year after voters passed Prop 64 in 2016.

Assembly Member Rob Bonta, a Democrat from Oakland, and Republican Tom Lackey of Palmdale say taxes on pot are too high. They believe that the impact of taxes on the price of legal weed allows unlicensed growers and sellers to continue to thrive.

“Without tax relief to make taxes more affordable, we will continue to empower California’s mature black market,” Lackey told reporters.

Lackey is a retired 28-year veteran of the California Highway Patrol. He also noted that illicit operators don’t check identification to prevent sales to minors. They don’t pay any taxes or follow strict safety rules, either.

 

Taxes And Even More Taxes

Cannabis taxes in California are first assessed to cultivators. Growers pay $9.25 per ounce of flower and $2.75 for each ounce of leaves. Once products are sold at retail, even more levies are added. A state excise tax slaps another 15 percent onto the total. Local governments can add their own fees, and sales tax is tacked on for recreational pot buyers.

Retailers in California say when combined, taxes on marijuana approach 50 percent. The cost of legal weed goes up even more with the expenses of required testing and tracking thrown in, especially when specialty items like moonrocks are in the mix.

If Bonta and Lackey succeed, their plan would reduce the excise tax to 11 percent. They would also eliminate the cultivation tax for three years. The lawmakers estimate that total prices at retail would shrink about 9 percent with the proposed reductions.

Not A New Problem

Other states with legal cannabis have also struggled to find the so-called sweet spot for taxation. Activists have long included potential tax revenues as a benefit of cannabis legalization. Consequently, many lawmakers see marijuana as a cash cow for strapped public coffers.

But when taxes are too high, many buyers choose to remain outside the legal supply chain. This means that established black market operators continue to have a steady stream of willing customers.

When the State of Washington became the first state to legalize cannabis in 2012, it also imposed taxes at many stages of production. A tax of 25 percent was assessed up to three separate times on some products. It was added when growers sold to processors, and when processors sold to retail shops. Consumers got hit again when they purchased from the retailers.

 

Washington reduced and combined those taxes into one 37 percent levy at the retail level in 2015. Buyers also pay the usual sales tax on their purchases.

Final Hit: California Lawmakers Are Pushing For Lower Tax On Legal Cannabis

Assembly Member Bonta noted that is important to support the newly legal pot businesses now so they can compete with the black market.

“If we don’t get it right in the beginning, it will be hard to make up for it later and correct in the future,” he said.

Snoop Dogg Has Raised Over $40 Million For Marijuana Investments

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At this point, the name Snoop Dogg is synonymous with cannabis. His passion for weed has never shaken. In fact, Snoop Dogg has raised over $40 million for marijuana investments.

While the rapper, whose real name is Calvis Broadaus Jr., has had an illustrious career in the music business, it’s his second career that could go down as his most productive.

When it comes to cannabis, few have made as large of an impact as Snoop. In 2015, he co-founded Casa Verde Capital, a venture fund specializing in the ‘ancillary’ side of the marijuana business. Or in other words, the parts of the burgeoning cannabis business that don’t actually deal with the plant itself. This includes, but is not limited to, health, tech, financial services, technology, media, compliance, and laboratory technology verticals.

While Snoop’s firm has been in business for almost three years now, it’s far from reaching its apex. However, the company did reach a significant milestone this week. The venture firm finally closed its debut fund. The move raised over $45 million for future business endeavors.

 

An Expanding Business

 

In an interview with Tech Crunch, Karan Wadhera, Snoop’s managing partner at the firm, says most of the $45 million was raised over the course of last year, through individual investors and limited partnerships.

At first, Wadhera explained, the company found it difficult to raise money. But between Snoop Dogg’s household name, and the firm’s ancillary business model, the company was able to grow remarkably over the last fiscal year. And, according to Wadhera, this is only the beginning.

“We’re writing seed-stage to Series A-size checks, so $1 million plus, with roughly half our fund reserved for follow-on investments, where we can write another $3 million to $5 million,” Wadhera explained. ” And we’re only focused on the ancillary part of the cannabis industry, so we won’t invest in companies that touch the plants. No dispensaries or cultivators or manufacturers. We’re investing in the picks and shovels.”

As it stands, CVA’s portfolio includes the development of a number of start-up cannabis companies, including Eaze, Greenbits, and Leaflink and Merry Jane. The company has done well to diversify its portfolio throughout the tech, media, and financial sectors of the cannabis industry.

 

As for Snoop’s role in the company, Wadhera says he’s more of an ambassador of the brand, more than anything else. However, he does occasionally get his hands dirty in some of the media-related projects.

“His involvement lends a lot of credibility and excitement to our portfolio companies. He’s also there for input whenever we need it, “Wadhera explained.

“He’s hands-off on the investment process, but when it comes to certain companies, he’s very involved, including with Merry Jane, a lifestyle media site [focused around cannabis]. That’s content… That’s Snoop’s bread and butter.”

Final Hit: Snoop Dogg Has Raised Over $40 Million For Marijuana Investments

Snoop made a career talking about marijuana back when it was largely considered an illicit substance. Now, he’s transitioning to the business side of the legal cannabis. Shifting focus to legal cannabis can help remove some of the stigmas surrounding the plant.

And Casa Verde has been active over the past several months, as well.

In November, the investment firm took on a new sector of the cannabis industry-laboratory testing. The firm invested over $1 million into Canalysis, a cannabis lab that tests medical and recreational cannabis products for cultivators, manufacturers and dispensaries.

At their current trajectory, $45 million might seem like small potatoes going forward. However, only time will tell.

Arkansas Judge Stalls Permit Process For Growing Medical Marijuana

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In an unforeseen twist, an Arkansas judge stalls permit process for growing medical marijuana in that state, pending a lawsuit by unsuccessful applicants. Pulaski County Circuit Judge Wendell Griffen directed state officials not to issue licenses to the applicants they have already selected. Regulators with the Arkansas Medical Marijuana Commission had planned to issue those licenses today.

Was The Process Unfair?

The commission announced which applications to cultivate medical marijuana in the state they approved late last month. At least two companies with unsuccessful bids subsequently filed lawsuits on Tuesday alleging the selection process was unfair.

Naturalis Health LLC Health LLC and Delta Cannabinoid Corp. are the plaintiffs in the cases. They included in the suits a request that the judge issue a temporary restraining order to stop the commission from granting the licenses.

The judge sees merit in the plaintiff’s arguments, according to reports in local media.

While announcing his order today, he said that Naturalis Health “asserts facts showing a substantial likelihood of success on the merits regarding violations of the Administrative Procedure Act, due process, and equal protection.”

 

Plaintiffs Don’t Trust The System

The lawsuit from Naturalis Health is 19 pages long, Arkansas Online reports. In the suit, the company states that they have no faith in the permitting process.

“Defendants have caused a complete distrust in the newly implemented medical marijuana industry, approved by Arkansas voters, to serve the medicinal needs of qualifying Arkansans.”

The lawsuit also called on Judge Griffin to act quickly.

“Arkansas is the first state in the south to legalize medicinal marijuana. The State has an obligation not only to plaintiff but to its citizens, to get this right. The State has a limited window of time to correct the problems outlined in this Complaint. This Court must act now.”

The legal filing also notes that one of the commission’s members has an “extremely close personal and professional relationship” with Dr. Scot Michael Schlesinger. Dr. Shchlesinger is a partner in Natural State Medicinals. The commission selected that company to receive one of the permits.

 

Will A Lawsuit Prevail?

Alex Gray is a lawyer with the Arkansas Medical Marijuana Association. He does not believe a lawsuit against the state can succeed.

He noted that the Arkansas Supreme Court ruled this year that the state can’t be sued in its own courts. Gray has filed lawsuits for growers in the past that were then dismissed by the courts.

“Any challenge naming the state as a defendant is going to have issues prevailing based on the state’s sovereign immunity,” Gray said.

Final Hit: Arkansas Judge Stalls Permit Process For Growing Medical Marijuana

Regulators are now unsure if the commission’s meeting scheduled for this afternoon will still be held. Scott Hardin is a spokesperson for the Arkansas Department of Finance and Administration (DFA). He issued a statement via email to the press today.

“The DFA’s legal team and [Arkansas Beverage Control Division] leadership are currently reviewing the situation to determine whether or not a meeting will take place today,” Hardin wrote.

Judge Griffin scheduled a hearing on the matter for Friday morning.