Search Results: restrictions/ (2)

One of the biggest cannatech raises to date.

Here’s your daily round-up of pot-news, excerpted from the newsletter WeedWeek. Download WeedWeek’s free 2016 election guide here.

Delivery service Eaze raised $13M from venture capitalists including the Winklevoss Brothers.

Cannabis has a $2.4 billion economic impact in Colorado, according to a report from the Marijuana Policy Group. It predicts that sales in the state will plateau at $1.5 billion in 2020. The industry has created18,000 jobs in the state (not all of them directly) and is bigger than Colorado’s craft beer industry.

Photo: Eliza Wiley/Helena Independent Record
District Court Judge Jim Reynolds hears testimony during a case brought before him by the Montana Cannabis Industry Association. On Thursday, the judge blocked implementation of key parts of a new restrictive medical marijuana law passed by the conservative Republican-controlled Legislature.

​A judge has blocked key parts of Montana’s law that would have imposed tough new restrictions on medical marijuana suppliers starting on July 1. 

In a preliminary injunction issued on Thursday, state District Judge James Reynolds in Helena ruled the new limits would effectively deny access to cannabis for many patients entitled to use it under the state’s seven-year-old medical marijuana statute, reports Emilie Ritter of Reuters.
Montana’s medical marijuana law was approved by an overwhelming 62 percent of voters in 2004.