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Indica news
lawmakers are warming up to the cannabis industry
But things have been heating up much earlier this year. In the first four days of April, the US House of Representatives ( once again and narrowly) passed a bill to decriminalize marijuana and then, days later, (overwhelmingly) approved legislation to ease barriers to...
Marijuana legalization advances in Missouri House
Members of a key House committee on Tuesday backed a plan to fully legalize marijuana, propelling the measure to the full Missouri House for debate. The House Rules Committee voted 6-4 to keep alive the so-called Cannabis Freedom Act, which would require the state to...
New Cannabis ETF Offers More Global Cannabis Stock Exposure
Roundhill Investments, an ETF sponsor focused on innovative thematic funds, today launched the Roundhill Cannabis ETF (“WEED ETF”) on the Cboe BZX Exchange. The WEED ETF seeks to provide investors with exposure to the cannabis sector, including U.S. multi-state...
ACLU Suing Nevada Over Cannabis Constitution Issue
State law — and the will of Nevada voters — is clear that cannabis is legal to possess and use for medicinal and recreational purposes. Yet state agencies, including the Nevada State Board of Pharmacy, continue to list it as a Schedule I substance alongside meth,...
Three In Four South Carolina GOP Voters Support Medical Marijuana As House Floor Debate Approaches, Poll Finds
Three in four South Carolina Republican primary voters say they support legalizing medical marijuana, according to a new poll. The survey from Benchmark Research asked GOP voters in the state whether they favor “allowing patients who suffer from an approved list of...
Nevada Police Are Exploiting Marijuana Scheduling ‘Loophole’ To Make Arrests Despite Legalization, ACLU-Backed Lawsuit Claims
A new lawsuit is backed by the Nevada chapter of the ACLU claims that the state’s drug code unconstitutionally continues to list marijuana as a Schedule I drug, enabling police to continue to arrest people over cannabis despite the fact that it’s been legalized for...
Marijuana Legalization Tied To ‘Significant Reductions’ In Prescription Drug Use, Researchers Find
Legalizing marijuana for adult use is associated with decreased use of prescription drugs for the treatment of conditions such as anxiety, sleep, pain, and seizures, according to a new research paper. Several previous studies have identified associations with the...
Marijuana Trafficking Is Changing At US-Mexico Border
While the DEA did not outright attribute recreational marijuana legalization to the decrease in trafficked weed over the U.S. border, there is certainly a connection to be made. The United States and Mexico border has made front-page news daily for nearly a decade for...
Federal Regulator Cheers State-Level Cannabis Banking Reforms Amid Congressional Inaction
Banking is one of the most crucial resources the state-legal cannabis industry is missing out on due to federal prohibitions. Fearing retaliation from the federal government, most financial institutions refuse to work with cannabis businesses, depriving them of...
Tell the Senate: Support Keeping SAFE Banking in America COMPETES
Back in February, the House of Representatives approved a massive economic package called the America COMPETES Act, which contained an amendment from Rep. Ed Perlmutter to include the SAFE Banking Act in the legislation. This is the sixth time that the House has...
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