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Aphria to cut down U.S. cannabis exposure amid TSX delisting review

Licensed marijuana producer Aphria Inc. (TSX:APH) said it is moving to "purify" its balance sheet by reducing its exposure to medical cannabis in the U.S., where pot remains illegal under federal law, as it undergoes a delisting review by the group which operates the Toronto Stock Exchange.

Aphria's chief executive Vic Neufeld said Monday that it continues to be in discussions with TMX Group, Canada's biggest exchange operator, which recently warned that companies that operate in states where cannabis is legal are not in compliance with TSX listing requirements.


Delaware on track to legalize recreational marijuana next year

Delaware could very well live up to its nickname and become the first state to legalize marijuana through legislation, as the Adult Use Cannabis Task Force continues the effort to study the possibility.

The task force, comprised of several state agencies, was formed earlier this year through a concurrent resolution passed by the General Assembly to study the outcome of regulating and taxing marijuana for recreational use in Delaware for adults 21 and older.

The task force, co-chaired by State Senator Margaret Rose-Henry and State Representative Helene Keeley, has met once a month since its inception to discuss and study the possibility of legalizing marijuana recreationally.


Delaware panel weighs health, safety issues of legalized pot

 As Delaware lawmakers consider legalizing recreational marijuana they should take a go-slow approach and address a wide range of health and safety concerns, members of a special task force were told Wednesday.

“Keep it simple. Keep it restricted,” John Yeomans, director of the Division of Alcohol and Tobacco Enforcement, told members of the Adult Use Cannabis Task Force as he outlined a host of law enforcement concerns, including the need to prevent driving under the influence and distribution of marijuana to minors.

The panel also heard from a representative of the state Chamber of Commerce, which wants employers to be immune from liability for pot-related workplace injuries, and to be allowed to adopt zero-tolerance policies if Delaware were to legalize marijuana.


Delaware: Marijuana task force to tackle safety, local control today

How would a legalized marijuana industry in Delaware function?

A 25-member task force charged with answering that question will roll up its sleeves Wednesday and begin discussing some of the more pressing issues around that question.

The Adult Use Cannabis Task Force will hold its second meeting at 10 a.m. in Legislative Hall in Dover.

Today's agenda is expected to cover both consumer safety measures and the ability of towns to exert their own control and authority over marijuana sales and possession.


10 States Most Likely to Pass Recreational Marijuana Next

Every week's there's a new story about how well recreational marijuana legalization has helped states such as Colorado, Washington and Oregon. And now several other states, such as California, Nevada and Massachusetts, have jumped on the train to reap the benefits of legalization. As the trend continues of states generating success from cannabis, where could we see future expansion of recreational use? Here's a list of 10 states most likely to pass recreational marijuana next.

10. New York


New medical marijuana facility now open in Sussex County, Delaware

Delaware’s second medical marijuana dispensary opened Friday in Lewes, nearly two years after a first facility opened its doors in Wilmington.

Both dispensaries are operated by First State Compassion Center, which previously won bids with the state.

The Lewes site is located at 12000 Old Vine Boulevard. It is open six days a week from 10:30 to 6:30 weekdays and and 10 to 4 Saturdays.

“Our foremost goal is the care we take of our patients, and that includes having the best medicine and the most caring staff,” FSCC President Mark Lally said in a statement.


Marijuana legalization bill in Delaware is approved by a House committee

A bill legalizing the recreational use of marijuana in Delaware has cleared its first legislative hurdle.

The legislation, which was released Wednesday by the House Revenue & Finance Committee and now goes to the full House for a vote, regulates and taxes marijuana in the same manner as alcohol.

The bill doesn't allow people to grow their own marijuana but allows adults over age 21 to legally possess less than an ounce of marijuana for personal use.

The legislation would create a commission to regulate, license and tax the marijuana industry, allowing licenses for up to 40 retail stores.

Businesses would pay an application fee of $5,000 and a $10,000 licensing fee every two years. 


The Global Marijuana March: Events Happening this Weekend


New York City
Parade Assembly: 11:00 a.m. | West 31st & Broadway, Koreatown, NYC
Parade Start Time: 12:30 p.m. | Parade will march to Union Square (Route South on Broadway)
Rally: 1:00 p.m. – 5:00 p.m. | Union Square South Plaza
“The NYC Cannabis Parade is the longest running public expression of drug policy reform in New York City, with roots as far back as the early 70’s. This event have gone by many different monikers, but our purpose remains the same, to spread awareness throughout the world! In 1999, the Million Marijuana March brand exploded and has since turned into a annual event held in hundreds of cities across dozens of countries.”


The faces of marijuana legalization in Delaware

If you think supporters of legalizing marijuana are all pot-smokers and hippies, think again.

After winning several legislative victories over the past few years, a close-knit corps of advocates is putting its full weight behind the Holy Grail of marijuana reform: Legislation that would make Delaware the ninth state to fully legalize, regulate and tax cannabis.

“We’re so close we can taste it,” said Cynthia Ferguson, executive director of the Delaware branch of the National Organization for the Reform of Marijuana Laws.

How did Ferguson and her comrades get this far? By eschewing what they see as outdated clichés about tie-dyes and Cheech and Chong movies and arming themselves with arguments rooted in social justice, fiscal policy and economic development.


Bill would make marijuana legal in Delaware

Delaware's first bill to legalize recreational marijuana is expected to be unveiled today.

The draft legislation reportedly would allow state residents 21 and older to purchase up to an ounce of cannabis from dozens of stores authorized to sell the drug, which is now limited only to patients enrolled in the state's medical marijuana program.

The bill is expected to be formally introduced by chief sponsors Rep. Helene Keeley and Sen. Margaret Rose Henry, both Wilmington Democrats.

Henry, who penned Delaware's 2011 medical marijuana bill, first announced plans to seek legalization for recreational consumption last fall.


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