“If we get to a point where we think we can agree, I certainly will reach out … I’m not sure that I’ll have the power to change minority leadership’s mind on this, but I’ll advocate for it.”

Vermont Governor Phil Scott, who vetoed a historic legislative effort to legalize adult use of cannabis (the first state to do so without a voter referendum); however, Scott is looking forward to the passage of the bill in the summer session if the legislature addresses public safety concerns and provides greater detail into the special regulatory commission.

Source: Vermont Public Radio



Courtesy of MJ Freeway

“We need a system that will grow and flex with Washington’s maturing marijuana system.”

Rick Garza, director of the Washington State Liquor and Cannabis Board (WSLCB), commenting on the WSLCB’s decision to replace the state’s seed-to-sale tracking software with MJ Freeway. After the WSLCB announced the departure from its previous traceability system, BioTrackTHC, earlier this year, seven companies applied to be BioTrack’s replacement. To read more, check out “A Seed-to-Sale Shakeup” from CBT’s June issue: bit.ly/seed-sale-shakeup

Source: WSLCB



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“What they were hoping for was that the state was going to create a monopoly for them.”

Tim Conder, CEO of Blackbird, a logistics company in Nevada, speaking against efforts by alcohol distributors in the state to obtain exclusive rights to transport cannabis once recreational sales became legal. While the ballot measure did provide language suggesting exclusivity, the Department of Taxation claimed there was “insufficient interest” by alcohol distributors for licensing. The early start program is slated to debut July 1, but there are concerns of a delay due to the conflict.

Source: Reno Gazette-Journal



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“While recent comments by the Trump administration did have an initial dampening effect on the market, we have seen continued growth … whereby cannabis stocks are still outperforming other sectors.”

Giadha Aguirre De Carcer of New Frontier Data, commenting on the 236-percent growth cannabis stocks had received nationwide in 2016, according to recent evaluations.

Source: Washington Times