State Supreme Court airs grievances against marijuana commission Earlier this month, the state Supreme Court reversed and dismissed a case over dispensary licenses in favor of the state Medical Marijuana Commission. A dissenting opinion authored by associate justice Courtney Hudson, and joined by associate justice Robin Wynne, aired some of the court’s frustrations with the commission’s “refusal to follow its constitutional mandate.” Kyle… View Article 10 months ago by Griffin Coop Cannabiz Laws News
Waiting game: 5 years later, 2 groups still waiting for licenses If good things truly come to those who wait, a pair of Arkansas business partnerships are in store for something nice. Or, rather, something green. Five years after submitting their applications for dispensary ownership, two ownership groups are on the cusp of receiving licenses but remain on the outside looking in as legal issues stand… View Article 10 months ago by Griffin Coop Cannabiz Laws News
Bankers lend support to Safe Banking Act A bill pending in Congress could change the way business is done in the Arkansas marijuana marketplace. The Safe Banking Act, passed last year by the U.S. House, would create a safe harbor for banks, credit unions and even credit card companies to operate in the cannabis industry without fear of violating federal laws. The… View Article 10 months ago by Griffin Coop Cannabiz Laws News Regulations
Pot Rx panel sued The first lawsuit over the state Medical Marijuana Commission’s scoring of the top five applicants for cultivation permits under the new medical marijuana law was filed Tuesday. The suit, by Naturalis Health of Little Rock, asks for an injunction against award of the permits. The suit was assigned to Pulaski County Circuit Judge Wendell Griffen. Defendants are the state Department of Finance and… View Article 5 years ago by Cannabiz Staff Column Laws
FDA limits CBD advertising A company recently sent the Arkansas Times a press release advertising its cannabidiol (CBD) products, claiming they help with “relief of chronic pain,” “anti-inflammatory benefits,” “anxiety relief,” “sleep,” and “Cancer, Parkinson’s, and Diabetes fighting properties.” Making such claims is against FDA guidelines. The FDA is researching cannabidiol “as a new drug for which substantial clinical investigations have… View Article 5 years ago by Cannabiz Staff Column Laws
Industrial Hemp Committee holds first meeting; discusses draft regulations for new industry The Industrial Hemp Committee held its first meeting today, passing draft regulations to the full Plant Board for approval and moving the state nearer to creating a bureaucracy for the new industry in Arkansas. The board hopes that farmers will plant the first batch of industrial hemp this year. In the last legislative session, the Industrial… View Article 5 years ago by Cannabiz Staff Laws
Rx fees: a range Under Arkansas’s new medical marijuana program, doctors do not prescribe cannabis. Instead, they certify that patients have one or more of the 18 medical conditions that allow them to seek a medical marijuana card from the state Department of Health. To date, at least 21 doctors have agreed to sign the Physician Written Certification required… View Article 5 years ago by Cannabiz Staff Column Laws
Banker signs on for Rx accounts John Stacks, the chairman and CEO of a small Arkansas bank, last year voted against the amendment that allowed the sale of medical marijuana in Arkansas. But Stacks attributes his opposition to a “lack of knowledge” of the benefits of cannabis, and announced this week that his bank, HomeBank of Arkansas, will handle accounts from… View Article 5 years ago by Cannabiz Staff Column Laws
