Rhode Island Regulators Could Ease Weed Packaging Rules
Cannabis regulators in Rhode Island are seeking to amend marijuana product packaging rules to make them less strict.
An 18-member Cannabis Advisory Board recommended the state Cannabis Control Commission last month should allow cannabis brands to use more colors on packaging instead of simple plain colors like white, black, gray and navy blue, which are currently allowed, reported Rhode Island Current.
"We're trying to give the people the ability to brand the product, which gives them the ability to differentiate themselves in the market," said Stuart Procter, co-founder and lab director for cannabis testing facility PureVita Labs in West Warwick and an advisory board member.
- Get Benzinga's exclusive analysis and the top news about the cannabis industry and markets daily in your inbox for free. Subscribe to our newsletter here. If you're serious about the business, you can't afford to miss out.
Cannabis Rescheduling Is Not A Solution To Banking Issue, Congressional Researchers Say
A new report from the Congressional Research Service suggests the Biden administration’s proposal to reschedule marijuana from Schedule I to Schedule III is not a solution to the banking challenges faced by the U.S. cannabis industry, reported Green Market Report's John Schroyer.
The report, issued Monday, points out that federal regulators still have significant authority to penalize banks working with state-legal marijuana businesses, suggesting policy change proposed by the U.S. Department of Justice alone will not significantly reduce the risks for financial institutions.
"DOJ's proposed rescheduling of marijuana, in and of itself, is not likely to alter substantially the risk profile associated with providing financial services to the state-sanctioned marijuana business," notes the report.
![](https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/29121046/ccc-oct-24-banner__1_-27.gif)
New Jersey Cannabis Regulators Seek Input On MMJ Issues
The New Jersey Cannabis Regulatory Commission (NJ-CRC) will hold virtual private roundtables to gather input from patients, healthcare providers and cannabis business operators on the state's medical marijuana (MMJ) market, reported Heady NJ.
Sessions, scheduled for September and October, are organized by the Commission's Public Engagement and Education Committee (PEEC), the Product Safety Packaging and Labeling Committee (PSPLC) and Permitting and Licensing Committee (P&LC).
Their goal is to address the declining number of medical cannabis patients, which has dropped from a peak of 130,000 to 75,414.
Commissioner Krista Nash highlighted the importance of these discussions. "We want to offer an opportunity for healthcare providers, active patients, federally and non-federally qualified health centers, and operational businesses to express their opinions and share valuable feedback on critical issues related to cannabis regulation and the cannabis industry in New Jersey," she said.
Read Next:
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Click on the image for more info.
Cannabis rescheduling seems to be right around the corner
Want to understand what this means for the future of the industry?
Hear directly for top executives, investors and policymakers at the Benzinga Cannabis Capital Conference, coming to Chicago this Oct. 8-9.
Get your tickets now before prices surge by following this link.