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New Mexico Governor Might Buy Marijuana At Some Point, Because Legalization Is ‘Going To Stay Forever’
New Mexico Gov. Michelle Lujan Grisham (D), who listed cannabis legalization as a top priority last year and called a special legislative session to get it done, was among the first in line last Friday morning when retail stores opened across the state. “This is...
Maryland: Voters to Decide Legalization Question in November
Voters will decide on Election Day whether to approve a referendum legalizing marijuana possession by adults. Lawmakers on Friday gave final approval to the proposed Constitutional Amendment, House Bill 1, which asks voters: “Do you favor the legalization of adult-use...
These 8 States Sold $12.8 Billion of Adult-Use Cannabis in 2021
Colorado’s per-capita sales estimate of $429 for its 21-and-older population topped the chart. Far fewer states have launched commercial adult-use cannabis sales than medical cannabis sales, but those that have made the recreational jump are raking in the dough. In...
This marijuana stock has beaten Apple, Twilio, Netflix and Bank of America
Those investors who chose the specialized real-estate investment trust Power REIT to add to their portfolios some five years ago are now enjoying their high returns. Despite COVID-19's negative effect on the overall economy over the past two years, industries, like...
New Hampshire House Approves Legislation to Legalize Adult-Use Cannabis
The New Hampshire House is once again considering adult-use cannabis legalization and, this time, lawmakers want to allow state-run liquor stores to serve the market. House Bill 1598, sponsored by Rep. Daryl Abbas, R-Salem, would allow liquor stores to sell cannabis...
Indiana Drops THC-Crackdown Bill
Indiana’s Senate Bill 209 died in the 2022 legislative session because of worries that the bill’s language would go as far as to outlaw CBD oil. Republicans proposed the bill to the General Assembly which sought to change the definitions of drug...
House Approves Federal Marijuana Legalization Bill For Second Time In History
The U.S. House of Representatives on Friday approved a bill to federally legalize marijuana for the second time in history, also adopting a pair of amendments to the legislation before final passage. Following an hour of debate on the Marijuana Opportunity,...
New Hampshire House Approves State-Run Marijuana Legalization Bill And Rejects Psilocybin Decriminalization Measure
The New Hampshire House on Thursday approved a bill to legalize marijuana through a state-run model—but the chamber tabled a separate bill that would have decriminalized possession of psilocybin mushrooms. This is the second time that the House has taken up the...
South Carolina House Lawmakers Approve Senate-Passed Medical Marijuana Legalization Bill In Subcommittee
South Carolina lawmakers on Thursday approved a Senate-passed bill to legalize medical marijuana in the state. A subcommittee of the House Medical, Military, Public, and Municipal Affairs Committee advanced the measure, sponsored by Sen. Tom Davis (R), in a...
Missouri Lawmakers Approve GOP-Led Marijuana Legalization Bill In Committee
A Missouri House committee on Thursday narrowly approved a GOP-led bill to tax and regulate adult-use marijuana in the state. The legislation from Rep. Ron Hicks (R), titled the “Cannabis Freedom Act,” cleared the House Public Safety Committee in a 5-4 vote, with...
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