Minnesota

Tue
16
May

Minnesota's Medical Cannabis Providers Have Lost $11M in Two Years

Minnesota's medical marijuana manufacturing companies have lost $11 million in just two years of sales.

According to financial documents obtained by the Associated Press, LeafLine Labs said it lost $4.7 million last year and $2.2 million in 2015.

Meanwhile, Minnesota Medical Solutions recorded a $1.2 million loss in 2016 and a $3 million loss in 2015.

"From a financial perspective, 2016 was a much better year than 2015," a spokesperson with MinnMed said in an e-mail Monday evening. "Revenues increased from less than $500,000 to more than $2 million, while losses decreased from approximately $3 million to $1 million."

Mon
15
May

Iowa looks to team up with Minnesota for medical marijuana

Top state lawmakers are trying to work out a system allowing Iowa residents to start buying medical marijuana oils and pills in Minnesota, a novel arrangement that could raise issues with the federal government.

Iowa could join more than two dozen states with medical marijuana programs under a bill awaiting Gov. Terry Branstad's signature. That legislation would expand a limited 2014 law, allowing more patients to buy the low-dose medication from in-state dispensaries by December 2018.

But in the meantime, Iowa residents could look to Minnesota. A provision of the bill specifically references that state as a potential source of medication and directs Iowa regulators to contract with Minnesota's two manufacturers of medical marijuana.

Tue
09
May

Minnesota: Medical Marijuana in Numbers

LeafLine Labs was founded by practicing physicians who see the unnecessary suffering patients endure every day. They are, first and foremost, caregivers who exist to give our patients the quality of life they deserve. LeafLine Labs provides relief through medical cannabis to suffering Minnesotans.

 

3,421

The total number of patients who visited cannabis centre’s in Minnesota and purchased legal medical marijuana products in March 2017. (Source: Minnesota Department of Health)

1,588

The number of patients who had enrolled in Minnesota’s medical marijuana program, as of June 30th 2016. (Source: Minnesota Department of Health)

Tue
28
Mar

Minnesota Medical Marijuana Company in Jeopardy After Shipping Cannabis Oil to New York

Two ex-executives from Minnesota Medical Solutions are being charged for sending $500,000 worth of cannabis oil across state lines, and could be bringing the entire company down with them.

With a limited medical marijuana system already in place, Minnesota has become a dim beacon of hope in a region of the country that has typically turned their nose up at cannabis use in any way, shape, or form. With two recreational bills sitting in front of lawmakers, the state is inching ever closer to a more progressive stance on marijuana.

Fri
24
Mar

Minnesota marijuana oil sent to New York stirs anger

Minnesota lawmakers want to crack down on one of the state's medical marijuana companies whose former executives have been charged with illegally shipping $500,000 of marijuana oils to New York, pushing legislation allowing regulators to revoke the manufacturer's license and levy a huge fine.

Mon
06
Mar

Jesse Ventura Tells Donald Trump to Leave Marijuana Laws Alone

Former Minnesota Governor Jesse Ventura, no stranger to shocking the political establishment, has set his sights on cannabis legalization, recently penning the book, Jesse Ventura’s Marijuana Manifesto.

Fri
10
Feb

Minnesota Lawmakers Introduce Bills To Legalize Recreational Marijuana

Two Minnesota state lawmakers are introducing legislation to legalize the recreational use of marijuana.

If made law, Minnesota would join eight other states that allow the legal sale and use of marijuana.

The author of the one of the measures introduced Wednesday, Rep. Jon Applebaum of Minnetonka, says that, to millennials, legalizing marijuana is not controversial. The second-term lawmaker says support for legal marijuana is growing in states across the country, including Minnesota.

“Eventually this is going to happen,” he said. “And it would be in Minnesota’s best interest if we start talking about it now.”

Fri
03
Feb

Charges coming in medical marijuana probe

A county attorney's office in Minnesota expects to file charges soon, following completion of an investigation into Vireo Health's alleged transport of $500,000 of medical marijuana products from Minnesota to New York.

No further information was available Thursday. Brian Lutes, an assistant county attorney in Wright County, Minn., said details would be forthcoming.

In a statement, Vireo said it has not been the target of Minnesota investigators' probe.

"While we are aware of an investigation by the Wright County Attorney, we have no information as to its status except that we have been told our company is NOT a focus of the investigation," the company said in a statement.

Wed
28
Dec

A Minnesota man just got four years in prison for marijuana. In 2016.

Closer inspection revealed 260 packages filled with high-grade marijuana. They called the cops, who laid in wait for the shipment’s recipient, one Steven Yang.

Yang would plead guilty to first-degree drug possession with intent to sell 258 pounds. At his sentencing this month, his attorney, Sia Lo, told the judge his 27-year-old client had no criminal record of any kind, and was currently caring for a disabled brother and his father.

Yang said his giant failed pot deal was “one of the biggest mistakes I’ve made in my life.”

Judge Gina Brandt rubbed it in: “Mr. Yang, I hope this was the worst mistake you ever made.”

Yang received a 74-month sentence. With good behavior, he’ll be out around New Year’s Day, 2021.

Fri
02
Dec

Marijuana Legalization: Minnesota To Allow PTSD Patients To Use Medical Cannabis

Residents of Minnesota suffering from post-traumatic stress disorder (PTSD) will be allowed to use medical cannabis starting from August next year, the Minnesota Department of Health said Thursday. The agency added that it had expanded the list of qualifying conditions that would benefit from its year-long medical marijuana program.

Also under review were conditions like depression, arthritis and autism spectrum disorders but Department of Health Commissioner Ed Ehlinger said there wasn’t enough evidence proving marijuana’s effectiveness in treating those conditions.

He added that the lack of an effective treatment for PTSD helped its case. The list was compiled after taking into consideration public petitions filed to the department.

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