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Rhode Island Governor Puts Marijuana Legalization Plan In Budget, Days After Lawmakers File Competing Plan

Rhode Island Governor Puts Marijuana Legalization Plan In Budget, Days After Lawmakers File Competing Plan

by InfluencER | Mar 12, 2021 | Politics and Law

The governor of Rhode Island on Thursday unveiled his budget proposal for the 2022 fiscal year, and it includes a plan to legalize marijuana in the state. The move comes two days after legislative leaders introduced their own bill to tax and regulate cannabis sales....
Key Congressional Chairman Plans To Refile Federal Marijuana Legalization Bill This Year

Key Congressional Chairman Plans To Refile Federal Marijuana Legalization Bill This Year

by InfluencER | Mar 12, 2021 | Politics and Law

The chairman of the House Judiciary Committee confirmed on Thursday that he will be reintroducing his bill to legalize marijuana and promote social equity this year. Chairman Jerrold Nadler (D-NY) made the announcement in his opening statement during a Judiciary...
Marijuana SPAC Silver Spike II prices IPO to raise $250 million

Marijuana SPAC Silver Spike II prices IPO to raise $250 million

by InfluencER | Mar 12, 2021 | Investors

Marijuana industry special purpose acquisition company (SPAC) Silver Spike Acquisition Corp. II priced an initial public offering on the Nasdaq exchange to raise $250 million. The company is issuing 25 million units at $10 each. Each unit includes one share and...
British American Tobacco strikes deal with Canada’s Organigram, portending similar tie-ups with US cannabis firms

British American Tobacco strikes deal with Canada’s Organigram, portending similar tie-ups with US cannabis firms

by InfluencER | Mar 12, 2021 | Investors

A subsidiary of British cigarette maker British American Tobacco (BAT) and Atlantic Canada-based cannabis producer Organigram has signed a 220 million Canadian dollar ($175 million) strategic collaboration with a focus on research and product development, the...
Idaho lawmakers want to make legalizing drugs more difficult

Idaho lawmakers want to make legalizing drugs more difficult

by InfluencER | Mar 12, 2021 | Politics and Law

A House panel on Thursday approved a proposed constitutional amendment that would prevent the legalization of marijuana and other drugs without the approval of two-thirds of the Idaho Legislature. The House State Affair Committee voted 10-4 to send the resolution to...
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  • US Virgin Islands Governor Plans Marijuana Legalization Special Session And Puts Expected Revenue In Budget
  • North Carolina Senate Approves Medical Marijuana Legalization Bill
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