US House votes to protect state-legal MJ, Acreage/Canopy shareholders decide, NY adult-use cannabis roadblock & more

美国众议院投票保护该州的合法 MJ , Acreage / Canopy 股东决定,纽约成人使用大麻路障&更多

2019-06-21 19:55:31 mjbizdaily

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The U.S. House of Representatives approves a bipartisan amendment that would shield state-legal cannabis programs from interference by the U.S. Department of Justice, Acreage and Canopy shareholders OK the planned acquisition, New York’s adult-use cannabis legislation hits a wall – plus other important news from around the industry. US House OKs provision protecting state-legal cannabis industries U.S. congressional amendments to protect state-legal marijuana businesses are gaining unprecedented traction. And the full House on Thursday passed by a 267-165 vote a broader amendment to protect all state-legal MJ businesses, including adult-use companies. The amendment is part of the fiscal year 2020 Commerce-Justice-Science spending bill. Looking ahead, it’s unclear whether the provision will receive support in the Senate. MJBizDaily takeaway: For the time being anyway, it appears that federal marijuana reform will occur incrementally, with small gains that reflect a gradual shift in favor of legalization on Capitol Hill. Shareholders give thumbs-up for planned Acreage acquisition by Canopy Shareholders at both companies overwhelmingly approved the acquisition of the New York-based multistate operator Acreage Holdings (CSE: ACRG.U) by Canada’s Canopy Growth (NYSE: CGC; TSX: WEED). About 95% of Acreage shareholders who voted said yes to the transaction with over 99% of voting Canopy shareholders also doing so at separate meetings June 19. As it stands, the planned $3.4 billion transaction cannot become official until marijuana is federally legal in the United States. MJBizDaily takeaway: The planned transaction has faced some opposition from activist shareholders at Acreage who view the deal as undervaluing the U.S company. But the deal could serve as a template for other Canadian MJ companies interested in U.S. businesses. New York recreational MJ measure hits dead end New York’s last-ditch effort to legalize a commercial adult-use market during this legislative session failed. Sticking points included tax revenue issues, whether municipalities could have opt-in or opt-out provisions, and whether low-level marijuana convictions would be expunged. MJBizDaily takeaway: Disappointed cannabis entrepreneurs in New York might have to wait awhile for an adult-use program because it’s unclear whether the Legislature will want to take up the issue during the 2020 election year. The silver lining for cannabis businesses is that the state might instead expand its medical marijuana program. Oregon puts brakes on adult-use business licenses  Oregon Gov. Kay Brown signed a bill into law that allows state regulators to stop the practice of approving nearly all new adult-use cannabis cultivation licenses. Oregon’s relatively easy approval process for grow permits has led to an oversupplied market, rock-bottom prices and concerns of diversion to the illicit market. Senate Bill 218 gives regulators authority to deny permits for an undetermined amount of time. MJBizDaily takeaway: Oregon’s recreational marijuana market had one of the lowest barriers to entry of any state program. And while that allowed for rapid growth of the licensed market, for many businesses it was too much, too fast. Curbing the approval of new cultivation licenses may stem the flow of additional supply, but the state’s producers remain years away from a real market correction where demand can meet supply and red ink is reduced – or even reversed.
美国众议院批准了一项两党联合的修正案,该修正案将保护州法律大麻项目不受美国司法部、 Acreage 和 Canopy 股东的干涉。这项计划中的收购,纽约的成人用大麻立法撞上了一道墙,加上来自该行业的其他重要消息。 美国众议院 OKs 条款保护国家法律大麻产业 美国国会保护州合法大麻企业的修正案正受到前所未有的推动。 众议院星期四以267票对165票通过了一项更广泛的修正案,以保护包括成人使用公司在内的所有州法律 MJ 企业。该修正案是2020财政年度《商业-司法-科学支出法案》的一部分。 展望未来,目前尚不清楚该条款是否会得到参议院的支持。 MJBizDaily 外卖:不管怎样,目前看来联邦大麻改革将逐步进行,并取得少量成果,这反映出国会逐渐转向支持合法化。 股东们对 Canopy 收购 Acreage 的计划大加赞赏 两家公司的股东以压倒性多数批准了加拿大 Canopy Growth ( NYSE : CGC ; TSX : WEED )收购总部位于纽约的多国运营商 Acreage Holdings ( CSE : ACRG.U )。 大约95%的 Acreage 股东投票赞成这项交易,超过99%的 Canopy 股东也在6月19日的单独会议上投票赞成。 目前看来,计划中的34亿美元交易要等到大麻在美国是联邦法律的时候才能正式生效。 MJBizDaily 外卖:计划中的交易遭到了 Acreage 维权股东的一些反对,他们认为该交易低估了美国政府的价值。S 公司。但这笔交易可能成为其他对美国业务感兴趣的加拿大 MJ 公司的模板。 纽约娱乐市场的 MJ 指标一落千丈 在这次立法会议期间,纽约为使商业成人使用市场合法化所做的最后努力失败了。 禁制点包括税收问题,市政当局是否可以选择加入或选择退出条款,以及低级别大麻定罪是否会被驱逐。 MJBizDaily 外卖:纽约失望的大麻企业家可能不得不等待一段时间的成人使用计划,因为目前还不清楚立法机构是否会在2020年选举年讨论这个问题。 大麻行业的一线希望在于该州可能会扩大其医用大麻计划。 俄勒冈州对成人使用的商业许可证采取了刹车措施 俄勒冈州州长.KayBrown 签署了一项法律法案,允许州监管机构停止批准几乎所有新的成人大麻种植许可证的做法。 俄勒冈州相对宽松的许可审批程序导致了供过于求的市场、最低的价格以及转移到非法市场的担忧。 参议院议案218授权监管机构在不确定的时间内拒绝许可。 MJBizDaily 外卖:俄勒冈州的娱乐大麻市场是所有州项目进入门槛最低的市场之一。 虽然这使得许可市场得以快速增长,但对许多企业来说,这是太多了,太快了。 限制新种植许可证的审批可能会阻止额外供应的流入,但中国的生产商距离真正的市场调整还有几年的时间——在市场调整中,需求可以满足供应,红墨水减少——甚至逆转。

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