Under the proposed bill, #Ohio residents age 21 and older would be allowed to legally buy and own 2.5 #ounces of #marijuana and 15 grams of concentrates. The Secretary of Ohio State’s Office confirmed that cannabis activists have collected enough signatures from registered voters to put a marijuana legalization measure before lawmakers. The Office validated more than 10,000 outstanding signatures. Previously in December, the Coalition to Regulate Marijuana Like #Alcohol confi

Innovative Industrial Properties, Inc. announced that its operating partnership, IIP Operating Partnership, LP, has commenced a #public offering, subject to market and other conditions, of $300 #million aggregate principal amount of #senior notes due 2027. The notes will be the Operating Partnership’s general #unsecured and unsubordinated obligations. It will be fully and unconditionally #guaranteed by the #Company and the Operating Partnership’s subsidiaries, and will rank e

A former #chair of #Canadian #cannabis producer #WeedMD illegally tipped off a longtime acquaintance about an unannounced greenhouse deal, which led to insider #trading, #Ontario’s securities regulator has alleged. Michael #Kraft, then-chair of WeedMD, now called Entourage Health, “tipped his acquaintance Michael Brian Stein about an upcoming expansion by the company before it was generally disclosed,” the London Free Press reported, citing a statement of allegations by the O

The #cannabis industry is seeing more and more #demographics than ever. Those with ailments or conditions, and the elderly are turning to cannabis more frequently. These certain demographics, especially those who are new to the cannabis scene can easily be targeted for #scams. That is not to say those who are well versed in their cannabis aren’t a target as well. #Snake #oil #salesmen are on the prowl, they are smarter than you think, and they have #technology on their side t

#PuertoRico has taken an important step on the road to #economic recovery, with the approval by a federal judge of “the largest municipal #debt restructuring in #US history.” As the island looks for a fresh start, it should adopt a forward-thinking legal framework that allows it to harness the vast economic opportunities presented by #cannabis. In 2015, Puerto Rico declared “it could not afford to #pay its more than $70 #billion public #debt load it had accumulated through de

#LosAngeles County authorities signed off on a plan to issue $30,000-per-day civil fines against unlicensed commercial #marijuana activity, which officials say has grown explosively in recent years. According to the new ordinance, #LA County authorities the #power to levy fines against unlicensed #cannabis #businesses of all kinds, including grows, stores and any others found to be in violation. “This motion puts #teeth in enforcement and ensures that unpermitted dispensarie