Missouri

Missouri and Oklahoma Cities Adopt Business Friendly Medical Marijuana Rules

Missouri and Oklahoma cities are embracing medical marijuana, and adopting business-friendly ordinances. Oklahoma has quickly expanded its medical marijuana program, and generated over $12 million in sales in March. Missouri is also planning for a big rollout as Governor Parson allocated $3 million to the medical marijuana program. To date, the state received over 481 pre-filed license applications and fees totaling $3,470,000. Licenses will be formally accepted on August 3, 2019.

Our data shows that, since the beginning of March, at least 25 cities in these states discussed allowing medical marijuana or have adopted an ordinance. The growth in the number of cities considering medical marijuana is noticeable and encouraging for the industry overall. Unlike cities on the East and West Coasts, the ordinances are generally simple, offer low fees, no caps on licenses and fewer operating requirements. These business friendly towns offer a license opportunity at a lower cost and regulatory risk.

Free Cannabis Legislative Tracker For 20 States: Access THC, Hemp And CBD Bills

Access our free legislative trackers for Arizona, California, Colorado, Connecticut, Florida, Illinois, Kentucky, Massachusetts, Maine, Michigan, Missouri, North Dakota, New Hampshire, New Jersey, New Mexico, New York, Oregon, Tennessee, Utah and Washington. Review and access the cannabis & hemp bills introduced by the State Legislatures in the 2019-2020 session. The trackers include a summary description of the legislation, status and link to the full legislative text. The legislative trackers will be updated on a weekly basis.

Free Cannabis Legislative Tracker For 20 States: Access THC, Hemp And CBD Bills

Access our free legislative trackers for Arizona, California, Colorado, Connecticut, Florida, Illinois, Kentucky, Massachusetts, Maine, Michigan, Missouri, North Dakota, New Hampshire, New Jersey, New Mexico, New York, Oregon, Tennessee, Utah and Washington. Review and access the cannabis & hemp bills introduced by the State Legislatures in the 2019-2020 session. The trackers include a summary description of the legislation, status and link to the full legislative text. The legislative trackers will be updated on a weekly basis.

Free Cannabis Legislative Tracker For 20 States: Access THC, Hemp And CBD Bills

Access our free legislative trackers for Arizona, California, Colorado, Connecticut, Florida, Illinois, Kentucky, Massachusetts, Maine, Michigan, Missouri, North Dakota, New Hampshire, New Jersey, New Mexico, New York, Oregon, Tennessee, Utah and Washington. Review and access the cannabis & hemp bills introduced by the State Legislatures in the 2019-2020 session. The trackers include a summary description of the legislation, status and link to the full legislative text. The legislative trackers will be updated on a weekly basis.

Free Cannabis Legislative Tracker For 20 States: Access THC, Hemp And CBD Bills

Access our free legislative trackers for Arizona, California, Colorado, Connecticut, Florida, Illinois, Kentucky, Massachusetts, Maine, Michigan, Missouri, North Dakota, New Hampshire, New Jersey, New Mexico, New York, Oregon, Tennessee, Utah and Washington. Review and access the cannabis & hemp bills introduced by the State Legislatures in the 2019-2020 session. The trackers include a summary description of the legislation, status and link to the full legislative text. The legislative trackers will be updated on a weekly basis.

Free Cannabis Legislative Tracker For 20 States: Access 440 THC, Hemp And CBD Bills

Access our free legislative trackers for Arizona, California, Colorado, Connecticut, Florida, Illinois, Kentucky, Massachusetts, Maine, Michigan, Missouri, North Dakota, New Hampshire, New Jersey, New Mexico, New York, Oregon, Tennessee, Utah and Washington. Review and access the cannabis & hemp bills introduced by the State Legislatures in the 2019-2020 session. The trackers include a summary description of the legislation, status and link to the full legislative text. The legislative trackers will be updated on a weekly basis.

Free Cannabis Legislative Tracker For 20 States: Access 425 THC, Hemp And CBD Bills

Access our free legislative trackers for Arizona, California, Colorado, Connecticut, Florida, Kentucky, Massachusetts, Maine, Missouri, North Dakota, New Hampshire, New Jersey, New Mexico, New York, Oregon, Tennessee, Utah and Washington. Review and access the cannabis & hemp bills introduced by the State Legislatures in the 2019-2020 session. The trackers include a summary description of the legislation, status and link to the full legislative text. The legislative trackers will be updated on a weekly basis.

Free Cannabis Legislative Tracker for 14 States: Access THC, Hemp and CBD Bills and Analysis

Access our free legislative trackers for California, Colorado, Connecticut, Florida, Kentucky, Massachusetts, Maine, Missouri, New York, New Mexico, North Dakota, Oregon, Tennessee and Washington. Review and access the cannabis & hemp bills introduced by the State Legislatures in the 2019-2020 session. The trackers include a summary description of the legislation, status and link to the full legislative text. The legislative trackers will be updated on a weekly basis.


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Washington

Cannabis Regulatory Meeting Tracker 02/19/2019: 19 Meetings Today in California, Colorado, Massachusetts, Michigan, Oregon, Pennsylvania and Washington

There are nineteen (19) meetings today in California, Colorado, Massachusetts, Michigan, Oregon, Pennsylvania and Washington. Links to the meeting details and agendas are provided below.

California: City Of Berkley: Ordinance Permitting Cannabis Events
California: County Of Humboldt: Cannabis Marketing And Certification
California: City Of Marysville: Ordinance Require Development Agreement For Cannabis Activity
California: City Of Tracy: Temporary Moratorium Of Cannabis
California: City Of West Hollywood: Cannabis Ordinance
Colorado: Breckenridge Liquor And Marijuana Licensing Authority
Colorado: Denver City Council: Repealing Sunset Date Of The Cannabis Consumption Pilot Program
Massachusetts: City Of Boston: Community Outreach Meeting: Cannabis Establishment
Massachusetts: City Of Dorchester: Community Outreach Meeting: Marijuana Retailer
Massachusetts: City Of Hudson: Site Plan Approval For Recreational Adult Use Marijuana Facility
Massachusetts: City Of Orange: Community Outreach Meeting: Marijuana Extraction Facility
Michigan: Township Of Crockery: Separation Distances For Medical Marijuana Grow Facilities
Oregon Legislature: Agriculture And Land Use: Establishes Oregon Industrial Hemp Commission.
Pennsylvania: Penndel Borough: Regulations for Marijuana Dispensary Uses And Growers / Processors
Pennsylvania: West Goshen Township: Conditional Use Application: Medical Marijuana Dispensary
Washington Legislature: Commerce & Gaming: 6 Marijuana Bills
Washington Legislature: Ways & Means: Concerning Misdemeanor Marijuana Offense Convictions.
Washington Legislature: Commerce & Gaming: 4 Marijuana Bills
Washington State Liquor And Cannabis Board: Board Caucus Meeting

Missouri Bill Limits Out-of-State Investment in Cannabis to 25%

The Missouri Legislature introduced a bill, HB 906, to limit the ownership in cannabis businesses by out-of state investors to 25%. The bill does not address whether a publicly traded company can qualify as an investor or whether a suitability determination is required for either individuals or large shareholders of a publicly traded company.

Missouri’s bill is the latest state to allow out-of state investors. Both Colorado and Washington recently introduced bills opening up investment in the cannabis industry. Access to new capital is needed to help the cannabis industry address the lack of traditional financing.

The Colorado House Bill 19-1090 would allow publicly traded companies, and unlimited investors from outside of Colorado, to invest in and own marijuana businesses. House Bill 19-090 repeals the ban on investors in marijuana businesses that are publicly traded companies, and repeals the 15 person limit on the number of out-of-state investors. The proposed amendments require controlling beneficial owners to make certain disclosures, and proposes a process for the cannabis regulator to evaluate the suitability of these investors.

The Washington Legislature introduced four (4) bills to allow non-residents and foreign companies to invest in cannabis businesses. Currently, Washington requires owners of cannabis businesses to be state residents. Washington’s bills make a simple amendment the cannabis licensing requirements to allow for outside investment.

The following links provide additional information about the recent developments in Colorado and Washington.

Colorado Bill Allows Publicly Traded Companies To Own Marijuana Businesses

Washington Introduces 4 Bills That Allow Non-Residents To Own Cannabis Businesses