by CIPNV | Apr 23, 2018 | Marijuana News
On April 19th Senat Minority Leader Charles Schumer (D-NY) announced he plans to introduce legislation that would decriminalize marijuana at the federal level. Assuming this bill gains bipartisan support (which seems to be growing in the House and Senate), could...
by CIPNV | Jan 15, 2018 | General, Marijuana News, Medical Marijuana
The Cole Memo In 2013, US Attorney James Cole issued a memorandum that instructed federal law enforcement and prosecutors to adopt a more “hands-off” approach to enforcement of marijuana laws in states that had legalized medical or recreational use. This...
by CIPNV | Nov 7, 2017 | General
Legal recreational marijuana sales began July 1, 2017 in Nevada. According to Nevada taxation officials, tax revenue from cannabis sales totaled nearly $3.7M. Total sales of marijuana was approximately $27M. That’s a legitimate boom for Nevada and growing very...
by CIPNV | Sep 25, 2017 | General, Marijuana Insurance, Marijuana News
When Question 2 was approved by Nevada voters in 2016, it provided liquor distributors with an 18 month exclusive right to distribute marijuana from growers to retail stores. Recreational sales began on July 1, 2017 and within days the demand for cannabis had...
by CIPNV | Aug 2, 2017 | General
The legal cannabis industry continues to grow despite hurdles at the federal level. Banking for the cannabis industry, in particular, has been a challenge for many dispensaries, cultivators, and testing labs. Much of this difficulty stems from the 2013 Cole Memo and...
