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Part III: With upcoming elections and the launch of Canopy's Berkeley, CA, cannabis startup accelerator, we've followed California's regulatory environment closely. The following blog post is part of a series dissecting California’s November 8^th ballot initiative commonly referred to as the “Adult Use of Marijuana Act (AUMA)", or Proposition 64. Parts I and II discussed the AUMA's major objectives and next steps for regulated cannabis businesses; as well as highlighted several of the Act's provisions, such as the allowance of hemp as an agricultural product, and the Act's intensive licensing schedule.  Part III reviews where revenue will be allocated, and limits set on marijuana businesses in order to discourage underage access and use.

New York is expanding it's medical marijuana program with a couple of important changes. First, they are allowing nurse practioners to recommend cannabis. Second, they are allowing home delivery.

Early September marks the time when summer vacations end, that crisp hint of fall becomes reality, and the world goes back to work. Trade shows and industry events events ramp up again, and cannabis is no different: when the kids go back to school, we settle in for a new season of selling. As 2017 inches closer, Colorado has already sold over $600 million in marijuana sales with a predicted $1.35 billion finish; November 8 ^th brings incredible possibility for legalization; and the cannabis industry as a whole gains more momentum with each passing day.  If you’re a cannabis professional, investor, or simply canna-curious, these are a few of the major cannabis events rounding out 2016:

 

The cannabis industry's first accelerator program invests another $180,000 in nine startups in Berkeley, California

Part II: With upcoming elections and the launch of Canopy's Berkeley, CA, cannabis startup accelerator, we've followed California's regulatory environment closely. The following blog post is part of a series dissecting California’s November 8^th ballot initiative commonly referred to as the “Adult Use of Marijuana Act (AUMA)", or Proposition 64. Part I discussed the AUMA's major objectives and next steps for regulated cannabis businesses. In Part II, several of the Act's provisions are highlighted, such as the allowance of hemp as an agricultural product, and an intensive licensing schedule.

With upcoming elections and the launch of Canopy's Berkeley, CA, cannabis startup accelerator, we've followed California's regulatory environment closely. The following blog post is part of a 3-part series on California’s November 8^th ballot initiative commonly referred to as the “Adult Use of Marijuana Act (AUMA)", or Proposition 64. In Part I, we take a look at the AUMA's major objectives and next steps for regulated cannabis businesses - including the importance of businesses to get involved in the development of resulting regulations.