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Oregon Cannabis Legislative Preview: Producer Moratorium, Equity, State Banking and More
HB 4016 authorizes the Oregon Liquor and Cannabis Commission (OLCC) and Oregon State Department of Agriculture (ODA) to unilaterally issue moratoriums on the issuance of new marijuana and hemp producer licenses. If this bill passes, the OLCC and ODA will INACTIVATE...
Canadian marijuana producer CannTrust applies for NYSE listing
CannTrust Holdings Inc. said Tuesday that it has applied to list its shares on the New York Stock Exchange, following other large Canadian cannabis companies that list in the U.S. but operate in Canada. CannTrust stock was down 4% in morning trading, as the ETFMG...
Nearly One In Ten New Missouri Jobs Came From Medical Marijuana Industry In 2021, Trade Group Report Finds
Nearly one out of every 10 jobs that were created in Missouri last year came from the state’s medical marijuana industry, according to an analysis of state labor data that was released by a trade group on Wednesday. The cannabis sector added almost 7,000 new jobs,...
VA Seeks To ‘Normalize’ Marijuana Conversations With Veteran Patients Though New Research Website
The Portland branch of the U.S. Department of Veterans Affairs (VA) is teaming up with an Oregon university on a new website that aims to provide resources to make healthcare providers “more comfortable” discussing marijuana treatment with patients. While VA doctors...
Commerce Secretary Says Biden’s Marijuana Pledges Are ‘So Far Afield’ From Her Work Priorities
President Biden’s commerce secretary deflected a reporter’s marijuana question on Monday, saying that the issue is “so far afield from anything that I’m working on” for the administration as she focuses on other priorities like trade and supply chain management....
Marijuana Banking Reform Cleared For House Floor (Again) Following Committee Action On Large-Scale Bill
The House of Representatives is set to vote once again on providing protections to banks that work with state-legal marijuana businesses. Rep. Ed Perlmutter (D-CO), the sponsor of the Secure and Fair Enforcement (SAFE) Banking Act, filed the text of his bill as...
Bipartisan Congressional Lawmakers Demand Marijuana Legalization Bill ‘Expeditiously’ Get House Vote
A bipartisan coalition of House lawmakers on Wednesday sent a letter to congressional leadership, demanding that a bill to federally legalize marijuana be “expeditiously” taken up by Congress. The letter, led by Rep. Marilyn Strickland (D-WA), urges action on the...
Medicinal cannabis and psychedelics fund debuts in regulatory first for Guernsey
Also, see press release Early-stage venture capital firm Leafy Tunnel has launched the first medicinal cannabis and psychedelics fund to be regulated in Guernsey. Advised by international law firm Carey Olsen, the fund is established as a route two ‘qualifying private...
D.C. Seniors To Get Medical Marijuana Without Doc’s Recommendation And 4/20 Tax Holiday For Capitol Weed Buyers
Senior citizens in Washington, D.C. are on the verge of being able to access medical marijuana without having to get a doctor’s recommendation. The D.C. Council voted unanimously to pass a measure on Tuesday to expand access to the District’s medical marijuana...
Amazon Backs Republican-Led Bill Ending Federal Cannabis Prohibition
Late last year, a GOP Congresswoman sent waves across America’s nascent cannabis industry when she introduced a bill to end federal cannabis prohibition in the country and regulate the controversial plant. With cannabis reform being seen as a primarily progressive...
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