Medical Marijuana

Last chance: Cultivate Utah's cannabis community

Today is your last chance to register for NCIA's Utah Industry Social for less than $25 a ticket. This event is a great opportunity to connect with other cannabis professionals in a fun cocktail-hour setting. Tickets include appetizers, hosted bar, local music, and classic games.

Utah Industry Social
January 29, 2019
6:00 p.m. - 8:00 p.m.
Salt Lake City
The Falls Event Center

Register now!

Register before midnight January 11 to get your tickets 15% off (regular price $25)
OR join NCIA for complimentary tickets.

 

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Medical Marijuana

Strengthen Utah's new legal medical cannabis community

2018 was monumental for cannabis advocates in Utah, but there is more work to be done. One way of building support for Utah’s new medical cannabis law is to strengthen the community around it. NCIA’s inaugural Utah Industry Social is the premier opportunity for cannabis advocates and professionals to make meaningful connections, cultivate community, and learn from one another in a relaxed cocktail-hour setting. Tickets include appetizers, hosted bar, local music, and classic games. Will we see you there?

Utah Industry Social
January 29, 2019
6:00 p.m. - 8:00 p.m.
Salt Lake City
The Falls Event Center

Register now!

Register before midnight January 11 to get your tickets 15% off (regular price $25) OR join NCIA for complimentary tickets.

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Tax and Regulate

Oct. 17: You’re invited to a special event for Michigan’s YES on 1 campaign!

Proposal 1, the Michigan legalization ballot initiative, is up in the polls, but it’s still too close for comfort. The opposition campaign is just a couple of big checks away from being able to launch a large misinformation campaign.

We’re in the final weeks of the election, and we need to make sure the Yes on 1 campaign has the resources it needs to educate voters about the benefits of legalizing marijuana. Next week, I hope you’ll join me in Ann Arbor for a special evening to support this important campaign.

RSVP via phone (517-974-2265) or email (robin@regulatemi.org). If you can’t attend, please consider making a contribution directly to the campaign here. And please share the word with other supporters. Let’s win this!

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Prohibition

Tell Facebook to stop censoring organizations like ours

Sign the petition and urge Facebook to stop its discriminatory practices

In the age of social media, Facebook seems to be living in the past when it comes to its attitude towards marijuana. In addition to rejecting advertising from numerous legal marijuana businesses, the platform is unfairly suspending pages and “shadow banning” organizations like ours, making it difficult for supporters to find us and see our content.

Facebook should know better. Poll after poll shows that an overwhelming majority of Americans oppose marijuana prohibition. And dozens of states have legalized marijuana in one form or another. By restricting legal marijuana businesses and advocacy organizations from fully utilizing their site, Facebook is siding with prohibitionists and tilting the social media landscape in their favor.

We are joining the National Cannabis Industry Association in urging our allies to call on Facebook to immediately change its policies. Sign the petition to end the discrimination against legal marijuana businesses and advocacy groups like ours.

Thank you for taking action. Please share this email and the petition with others. We will continue to fight back until Facebook changes its policies, so stay tuned for further updates.

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General

MPP's Rob Kampia to Speak at NCIA Cannabis Business Summit

The National Cannabis Industry Association is launching its first national conference, The Cannabis Business Summit, June 24-25 in Denver, Colorado. The summit will offer cannabis business leaders a national stage on which to discuss the best practices and business developments from around the industry. The summit will include more than 35 sessions, more than 800 attendees, and an exhibition floor featuring more than 30 leading cannabis businesses over the course of two days. Several topic-oriented tracks will give attendees the opportunity to focus on their areas of expertise. Conference highlights and topics covered will include:

  •  Latest state and federal policy developments
  • Best practices in cultivation, retail, and infused products
  • Latest developments in banking and taxation
  • Securing investment for cannabis businesses
  • Streamlining your business with technology
  • Security, compliance, and safety for you and your customers
  • Integrating sustainability into your business plan
  • Risk management and industry insurance
  • Responsible and effective marketing
  • Philanthropy and community engagement

Marijuana Policy Project Executive Director Rob Kampia will also be speaking at the event!

NCIA’s Cannabis Business Summit will be held at the Colorado Convention Center in downtown Denver. Along with the educational sessions and an exhibitor showcase, the event will also include a fundraising reception to support NCIA’s work advancing the policy goals of the responsible cannabis industry. Visit the conference website online, and register at http://www.cannabisbusinesssummit.com.

 

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Medical Marijuana

Legislation Introduced to Ease Banking Access for Legal Marijuana Businesses

For medical marijuana dispensary owners and the patients who rely on them for access to their medicine, Colorado Congressman Ed Perlmutter’s (D) bill is common sense.

[caption id="attachment_6714" align="alignright" width="240"]10EdPerlmutter Rep. Ed Perlmutter[/caption]

Perlmutter introduced legislation yesterday that would allow legal marijuana-related businesses to have access to traditional banking services. The Marijuana Business Access to Banking Act aims to accomplish this by updating federal banking laws to account for discrepancies with state laws: Currently, financial institutions are barred from working with any organization that sells a controlled substance, regardless of whether the state it resides in permits marijuana sales. Banks that violate this law risk losing their deposit insurance or their federal charter. If the bill is enacted, medical marijuana dispensaries – and the businesses getting ready to open for recreational marijuana sales in Colorado and Washington – will finally have access to bank accounts, credit cards, and loans.

Under the current system, medical marijuana dispensaries are forced to operate on a cash-only basis. For many businesses, this means storing hundreds of thousands of dollars in personal safes, carrying sacks full of hundreds to the state Department of Revenue in order to pay taxes, and looking for unusual sources of start-up revenue. For some businesses, the added burdens have forced them to close shop.

Jamie Lewis, a board member of the National Cannabis Industry Association and owner of two Denver-based medical marijuana companies, said, “Each year, my companies contribute to the five million dollars in tax revenue Colorado collects from the sales of medical marijuana. Making those tax payments is unnecessarily challenging because we do not have access to banking services other local businesses take for granted. Regulators, business owners, and medical marijuana patients alike all deserve the accountability, safety, and efficiency offered by this legislation.”

The bill has been backed by a bipartisan group of 16 Republicans and Democrats, including co-sponsors Jared Polis of Colorado and Denny Heck of Washington.

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Medical Marijuana

New Trade Association Launches for Legal Marijuana Industry

In the latest sign of the growing legitimacy and political clout of America’s emerging marijuana industry, medical marijuana business leaders and others have announced the creation of the National Cannabis Industry Association, an organization founded with the express purpose of improving business conditions for the burgeoning marijuana industry. From today’s New York Times:

Based in Washington, the group, the National Cannabis Industry Association, will focus primarily on lobbying, but will also help medical marijuana businesses navigate a patchwork of laws that differ depending on location.

“This is an industry that is emerging — from the dispensaries to the ancillary businesses that are now coming out of the shadows,” said Aaron Smith, a medical marijuana advocate in Phoenix and the group’s executive director. “While there is good work being done, there isn’t anyone out there representing the industry’s interests directly.”

The group’s board members, which include some of the more prominent names in the medical marijuana industry, say the need for a national association has become increasingly apparent with the explosion of the legal marijuana business. Such businesses include dispensaries, growing facilities and equipment suppliers.

According to a press release the group sent out this morning, "In addition to working to repeal the federal prohibition of marijuana, NCIA is already focusing on more immediate policy goals for the industry such as ensuring that the nation’s revenue and banking policies are not out of step with state laws allowing medical cannabis sales."

Readers may remember Aaron Smith from his past work as MPP’s California state policy director, where he helped advance marijuana law reform legislation in the California state legislature by working with lawmakers on both sides of the aisle (and was also a frequent contributor to this blog!). We wish him all the best in his new role at NCIA.

You can learn more about the group at TheCannabisIndustry.org.

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