Medical marijuana

Banking on the pot industry

Banking on the pot industry

Conflicts with state laws and federal regulations create anxiety for most banks

AT LEAST ONE Massachusetts bank is offering services to the nascent legal marijuana industry in the state despite uncertainty over federal drug and banking regulations that still classify all pot sales as money-laundering, making it a risky venture both for the businesses and financial institutions. According to marijuana and banking industry officials, family-owned Century Bank(...)

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Pot opponents mislead on costs, local aid threat

Pot opponents mislead on costs, local aid threat

Referendum critics falsely claim Colorado revenues fail to cover regulation expenses

LT. GOV. KARYN POLITO suggested earlier this week that passage of the ballot question legalizing recreational marijuana could lead to a reduction in local aid to pay for regulating the new industry and public safety costs, but there is little evidence to support her claim. At a meeting of the Local Government Advisory Commission on Tuesday,(...)

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Pot campaign bashed for appeal

Pot campaign bashed for appeal

Critics say using drug crisis to raise funds is “deeply troubling”

STATE HOUSE NEWS SERVICE A FUNDRAISING APPEAL from the marijuana legalization campaign has drawn the ire of health care professionals and parents of children who died from opioid addiction after the group pitched legal marijuana as an alternative to prescription pain drugs in spite of the state’s medical marijuana program. Will Luzier, the campaign manager(...)

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Pot supporters say ballot question about fairness

Pot supporters say ballot question about fairness

Pols in favor say it's a matter of racial justice as well as new revenue

STATE HOUSE NEWS SERVICE AS PROPONENTS GATHERED outside the State House Wednesday to urge support for marijuana legalization and condemn arguments against it as rooted in fear, opponents of a ballot question to allow the adult use of marijuana released a list of 119 members of the Legislature opposing legalization. Massachusetts voters will decide at(...)

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Medical pot dispensaries can cash in with ballot question

Medical pot dispensaries can cash in with ballot question

Nonprofits get first crack at licenses, exemptions under referendum

THE MEDICAL MARIJUANA INDUSTRY in Massachusetts, which has been struggling to get off the ground, could hit the jackpot if voters this fall approve a ballot question legalizing the commercial sale and recreational use of the drug. The ballot question gives the operators of medical marijuana dispensaries, even those who have only filed applications for a(...)

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Lawmakers not sold on pot

Lawmakers not sold on pot

House rallies opposition to legal marijuana ballot question

MASSACHUSETTS LAWMAKERS OPPOSED to legalizing marijuana brought in an array of law enforcement officials as well as a buffet of kid-enticing pot products to try to scare the state straight before a ballot question to regulate the weed makes it before voters in November. “This entire Commonwealth has been affected by the opioid addiction crisis,” said(...)

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Medical marijuana: What’s taking so long?

Medical marijuana: What’s taking so long?

Politics, not regulations, are to blame for dispensary delays

WHEN LISA COLE puts her 6-year old-daughter Maddie to bed at night she worries that she might die. So far she has survived epilepsy, but her cognitive development is severely delayed due to the disruptions caused by intractable seizures. Her twin sister Kelsie learns at the pace of children her age, but Maddie has not yet(...)

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