Kentucky lawmakers OK medical cannabis legalization, send bill to gov

(This story was updated at 6:46 p.m. ET with details and a quote.) The Kentucky House on Thursday approved legislation legalizing medical cannabis, sending the bill to Democratic Gov. Andy Beshear for his expected signature. The move puts Kentucky on track to become the 40th state to approve the legalization of medical cannabis. ADVERTISEMENT The […]

Minnesota Marijuana Legalization Bill Clears 14th House Committee, With Revised Tax Rate And New Fiscal Note

A 14th Minnesota House committee has approved a bill to legalize marijuana, after members adopted a large-scale amendment to overhaul various tax provisions of the legislation. The House Taxes Committee passed the measure from Rep. Zack Stephenson (D) in a voice vote on Thursday. Members also received a much-anticipated fiscal note and revenue projection ahead […]

Kentucky Medical Marijuana Legalization Bill Is One Step From Governor’s Desk, With Final Vote Imminent

The Kentucky House is one step away from sending a medical marijuana legalization bill to the governor, with members of a committee advancing it to the floor on Thursday for a final vote that is expected by the end of the day. The House Licensing, Occupations and Administrative Regulations Committee took up and passed the […]

Marijuana financier Safe Harbor resolves $64.7 million debt

Colorado-based marijuana finance company SHF Holdings, which does business as Safe Harbor Financial, agreed to settle its $64.7 million debt with Partner Colorado Credit Union. Under the agreement, SHF Holdings will resolve the debt in exchange for a five-year, $14.5 million senior secured note with a 4.25% interest rate as well as 11.2 million Class […]

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Maryland Senate Advances Marijuana Sales Bill As State Prepares For Legalization

The Maryland Senate has advanced a bill to legalize marijuana sales to prepare the state for pending legalization, adopting a series of amendments ahead of a final vote in the chamber that’s expected soon. The legislation from Sens. Brian Feldman (D) and Antonio Hayes (D) passed on second reading in the Senate on Thursday, an […]

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