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Featured Articles
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...
These 3 cannabis bills could spur significant societal change
Change drives innovation, and the U.S. is poised for a seismic shift in cannabis legislation with broad implications for social justice and economic health. Several notable pieces of legislation are currently proposed or working their way through Congress. These...
Featured Articles
Cannabis Consumers Continue to Face Employment Discrimination in Colorado
Despite being the first state in the nation to approve adult-use marijuana possession and sales, Coloradoans – including registered patients – still lack any workplace protections. The legislation was filed in Colorado (House Bill 1152) earlier this year to change that. As initially introduced, the measure sought to limit employers’ ability to sanction employees for their off-the-job cannabis use and also sought to allow certain medical patients to be accommodated while on the job. The enactment of this latter provision would have been a first for any state in the nation. However, within weeks of filing the bill, state Rep. Edie Hooton has publicly said that she intends to scrap it. Instead, now she says that she will propose that state officials convene a coalition of employers, medical cannabis users, and prescribers to study the workplace testing issue. Updated text for this legislation is still pending. “I knew it was going to change,” Hooton said. “I don’t want to be in opposition with organized labor or employers, like the Chamber of Commerce or organized business interests.” Several employer groups had opposed Hooton’s initial bill, including the state Chamber of Commerce and the Colorado Mining Association.
NORML, 03/02/2022 19:00:00
Russia, security concerns are piling onto marijuana stocks
It has been a rough week in international affairs. Even the cannabis sector, which has unique political problems of its own, felt the impact of Russia’s invasion of Ukraine. Pot investors can’t tune out Kremlin’s aggression Two political imbroglios for the cannabis industry have added to its usual legislative woes. Sanctions against Russia following its invasion of Ukraine and a White House memo about marijuana stocks upended the industry last week, sending the AdvisorShares Pure U.S. Cannabis exchange-traded fund down 9.6% over five days. Canadian shares of Curaleaf Holdings Inc., the dominant U.S. cannabis company by market share, lost 17% last week after a flurry of posts on Twitter that raised concerns about the company’s ties to Russia. Its executive chairman and largest shareholder, Boris Jordan, is also a founder and chairman of two large Russian companies: Renaissance Insurance Group and investment firm Sputnik Group. Another large shareholder, Andrey Blokh, holds dual citizenship in the U.S. and Russia.
420 Intel – Marijuana Industry News, 03/06/2022 19:00:00
Faster legislation to legalize recreational marijuana attracts Maryland Senate support
Legislation legalizing recreational marijuana in Maryland on July 1 — a year faster than a leading House measure — attracted significant support Thursday during a state Senate hearing. The bill sponsored by Sen. Jill Carter, a Baltimore Democrat, would create a legal recreational marijuana market without first asking voters to approve a state constitutional amendment in the November general election. Carter’s measure, which would place the legal limit at 4 ounces, aims to ensure that communities heavily policed during the war on drugs can benefit from the burgeoning industry supplying the drug. Her legislation would immediately establish marijuana regulations and raise the limit higher than a measure approved by the House last week. The House measure would take effect in July 2023 if voters approved. An alternative proposal by Sen. Brian Feldman, a Montgomery County Democrat, also would create a regulatory framework — for example, on taxing marijuana sales — while similarly requiring a voter referendum. His bill would legalize 2 ounces per person age 21 or over. The recently passed House bill could allow eligible people to possess up to 1.5 ounces of recreational marijuana after July 1, 2023. Under current law possession of 10 grams (about a third of an ounce) can mean prison and a fine.
Cannabis Business Executive – Cannabis and Marijuana industry news, 03/05/2022 09:31:00
Why Is President Biden Accepting Cannabis Donations While Banning Cannabis Investments?
If President Biden feels this way, why does he happily accept campaign donations from individuals in the cannabis industry? By Maureen Meehan In response to new guidance from the Biden Administration’s Director of National Intelligence, Avril Haines, which states that security clearances may be denied to individuals who invest in legal cannabis securities, U.S. Cannabis Council CEO Steven Hawkins issued the following statement: “I am deeply disappointed by the Biden Administration’s further stigmatization of America’s rapidly-growing cannabis industry. The new guidance represents a de facto ban on legal cannabis investments for the nearly three million Americans with active security clearances, not to mention hundreds of thousands of current and prospective applicants.” RELATED: Biden Administration Advises Applicants Not To Invest In Cannabis Companies, Is Federal Legalization Behind This? Booming Market Creating Much-Needed Jobs And Revenue “The US legal cannabis market surpassed $25 billion last year and is a job-creation engine, now supporting roughly 430,000 American jobs. Medical cannabis is legal in 37 states plus DC, and 18 states have legalized adult use of cannabis. What’s more, an overwhelming majority of Americans now support legalizing and regulating the adult use of cannabis, and support for medical cannabis has reached 91%.
Benzinga Staff Writer, The Fresh Toast, 03/07/2022 10:00:00
High Tide Subsidiary FAB CBD Launches Subscribe-and-Save Discount Program in the U.S. Market
High Tide Inc. a leading retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets, announced today that its subsidiary, FAB CBD, has launched a CBD Subscribe-and-Save discount program in the United States. Under this program, customers will be able to customize their orders each month to suit their specific needs, with items from across all FAB CBD product lines including oils, gummies, topicals, pet treats, and superfoods. Customers will also have the ability to customize their delivery frequency for each individual product in their order within a range of every 2-10 weeks, allowing delivery frequencies to optimally match each customer’s needs for every product. In addition, by opting-in to the Subscribe-and-Save discount program, customers will receive a 20% discount for life on all FAB CBD products that they purchase. Beyond improving convenience and savings for customers, this new subscription service also presents a distinct financial upside for FAB CBD.
Mmp News Author, Medical Marijuana Program Connection, 03/07/2022 06:20:00
Maryland Senators Begin Considering Marijuana Legalization Bills, Days After House Approves Referendum
Maryland senators began formal consideration of two bills to legalize marijuana on Thursday, including one that would put the reform on November’s ballot as a referendum. The Senate Finance Committee hearing comes less than a week after the state’s House of Delegates passed its own legalization package that would refer the question to state voters. The House proposals have also been referred to the Senate panel, though they weren’t on the committee’s agenda for Thursday’s hearing along with the chamber’s own legalization bills and a handful of separate medical cannabis reforms. Supporters from both chambers are optimistic Maryland’s legislature will move forward on some sort of legalization plan this session, though it remains to be seen what form the final proposal will take. So far at least five separate adult-use cannabis bills have been introduced, leaving lawmakers to choose between competing provisions to merge into passable legislation. “We have several goals we’re trying to achieve here,” said the panel’s vice chair, Sen. Brian J. Feldman (D), the sponsor of one of the two Senate legalization bills. “
Ben Adlin, Marijuana Moment, 03/03/2022 17:02:00
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Marijuana legalization in Wisconsin not likely – Marquette Wire
Though Wednesday, April 20, or “420,” is approaching, the legalization of marijuana in Wisconsin is not. Devin LeMahieu, Wisconsin senate majority leader and Republican from Oostburg, which is around 50 miles away from Milwaukee, said in an online panel with...
Bloomberg Report: California Lawmakers Aim to Protect Workers’ Off-Hours Pot Use
California employers would be prohibited from discriminating against workers and job applicants for off-duty cannabis use under legislation that gets a hearing on April 20—coincidentally the date of annual pot-centered celebrations. Lawmakers are trying to fill in the...
Missouri Marijuana Legalization Efforts Run Up Against Deadlines For Ballot And In Legislature
“Do we still have time? Yes. I’ve seen bills sail through the process in a week. It really comes down to whether we have the will to tackle it.” By Jason Hancock, Missouri Independent With the end of the legislative session only weeks away, and organizers of an...
Massachusetts Psychedelics Activists Plan To Put Decriminalization On Local Ballot And Force Lawmakers To File State Bills
Massachusetts activists are gearing up for a multi-pronged push to advance psychedelics reform locally and at the state level, with a campaign kicking off a signature drive last week to put a decriminalization measure on the ballot in the state’s second largest city....
U.S. Attorney General Would Be Required To Create Marijuana Commission To Advise On Legalization Under New Bipartisan Bill
U.S. Attorney General Would Be Required To Create Marijuana Commission To Advise On Legalization Under New Bipartisan Bill Marijuana Moment reports.. A bipartisan group of congressional lawmakers filed a bill on Thursday that would direct the attorney general to...
German Hemp Association Suggests State Licensed Stores Rather Than Pharmacies Should Magae Retail of Cannabis & Hemp Products
In the coalition agreement, the Ampel parties have agreed on the legalization of recreational cannabis. The German Hemp Association (DHV) has presented its legalization concept for the upcoming political discussions on implementation. One position: Not the pharmacies...
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