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Indica news
Pennsylvania Senate Approves Marijuana Banking Bill, Sending It To The House
The Pennsylvania Senate on Wednesday approved a bill to safeguard banks and insurers against being penalized by state regulators for working with state-legal medical marijuana businesses. The bipartisan legislation from Sens. John DiSanto (R) and Sharif Street (D)...
Delaware House Committees Approve Complementary Marijuana Legalization And Regulations Bills
A pair of complementary bills to legalize marijuana and set up regulations for cannabis commerce in Delaware were approved in separate House committees on Wednesday. Rep. Ed Osienski (D), the sponsor of both measures, previously tried to pass a comprehensive bill that...
New York Senator Files Bill To Promote Marijuana Banking By Giving Financial Institutions Access To Business Information
A New York senator wants to give banks in the state a little peace of mind about working with legal marijuana businesses, filing a bill on Tuesday that would allow regulators to disclose certain information about cannabis licensees to financial institutions. The bill...
This Senator Is Determined To Get New Jersey Marijuana Shops Up And Running
New Jersey’s regulators green-lighted the launch of the state’s recreational cannabis market. The Cannabis Regulatory Commission (CRC) approved 34 conditional licenses and agreed that seven of the state’s ten medical cannabis companies begin sales, possibly within...
Report Finds That Recreational Cannabis Generated More Than $3.7B in Tax Revenue
A recent report shows that last year states which had legalized cannabis for adult use cumulatively raked in more than $3.7 billion in tax revenue from recreational marijuana sales. This report follows upon an analysis of the Marijuana Policy Project released at the...
Hemp advocacy group meets with McConnell to push legislative agenda
Representatives of a hemp advocacy group met with members of Congress including Senate Minority Leader Mitch McConnell last week to rally support for legislation drafted to promote hemp agriculture. The day of meetings with senators and members of the House of...
Wisconsin Senator Agard says ‘Republicans are all talk and no action’ on medical marijuana reform
Wisconsin State Senate Committee on Insurance, Licensing and Forestry will hold a public hearing on a medical marijuana bill (Senate Bill 1034) on April 20th. Sponsors say the fact that the hearing is scheduled on the popular 4/20 cannabis holiday is a coincidence....
NBA Legend Isiah Thomas Invests $3 Million in Cannabis Company
One World Pharma Inc. (OTC: OWPC), a U.S. based, fully licensed, pure-play hemp and cannabis ingredient producer in Colombia, is announced an agreement with ISIAH International, LLC, the holding company of its CEO, NBA legend Isiah Thomas, to invest $3 million into...
Illinois Officials Say Cannabis Sales Recovered to $131 Million in March
A report released earlier this week by the Department of Financial and Professional Regulation in the state of Illinois shows that the state recorded about $131 million in legal recreational marijuana purchases in March. The state broke its annual record for marijuana...
Seven In Ten North Carolina Voters Back Medical Marijuana Legalization As Senate Reform Bill Remains Stalled
About seven out of 10 North Carolina voters support legalizing medical marijuana, and a plurality favors letting adults access cannabis for recreational use, according to a new poll. The survey from WNCT, The Hill, and Emerson College found that 68 percent of voters...
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