Marijuana Politics

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Tue
17
Nov

What You Need To Know About Investing In Marijuana With A Biden-Harris Win

Industry insiders believe Democrat-held Congress would likely take up the SAFE Banking and MORE Acts, generating long-term market effects.

Despite ongoing attempts by the Trump Administration to delay the transition, President-elect Joe Biden and Vice President-elect Kamala Harris are expected to take power on January 20, 2021, creating an impact on the cannabis stock market that could be substantial. 

Tue
17
Nov

Atlantic City Trying To Get Exclusive Cannabis Retail Rights In NJ

Already the gambling hub of the Garden State, Atlantic City is angling to become the capital of New Jersey’s emerging legal weed market.

Marty Small, the mayor of Atlantic City, said Wednesday that he wants the beach resort destination to be the lone place where marijuana can be sold in New Jersey for the next three to five years.

Tue
17
Nov

Hemp Application Deadline Nearing in Alabama

The Alabama Department of Agriculture and Industries (ADAI) wants to remind eligible hemp growers and processors/handlers the deadline to apply for a hemp license for the 2021 crop is November 30, 2020 by 5:00 pm (CST). ADAI will accept hemp applications using their new online application system: agi.alabama.gov/hempapp.

Tue
17
Nov

Montana Gets Ready to License the Recreational Cannabis Industry

Montana made recreational cannabis legal this past election, and now, they’ve begun the process of licensing, already looking ahead to the future of the recreational industry. 

Tue
17
Nov

What a legalized marijuana market could look like for Va.

If Virginia legalizes marijuana, sales could generate up to $300 million in annual state tax revenue and create 11,000 jobs, according to a Joint Legislative Audit & Review Commission (JLARC) report issued Monday. But legalizing the drug would not be without hurdles.

Tue
17
Nov

Former Marines Embark On A Marijuana Mission For Veterans

When three former Marines started laying the groundwork for a veteran advocacy group, the connections between opioid use and suicide became readily apparent, prompting them to look for a way to make a bigger impact.

Bryan Buckley, Matt Curran and Andy Miears started Helmand Valley Growers Company in 2019 as a for-profit cannabis business that would donate 100 percent of its proceeds to Battle Brothers Foundation, a nonprofit founded by Buckley dedicated to researching medical cannabis treatments for veterans with ailments such as post-traumatic stress disorder.

“It’s essentially a call to arms for the cannabis community,” says Buckley, the CEO of HVGC and the president of Battle Brothers.

Tue
17
Nov

Nevada marijuana workers can’t get permits amid backlog

Laura Simes started getting nervous in July when her new agent card allowing her to legally work in the cannabis industry hadn’t arrived in the mail. It’d been a month since her card expired.

She’d sent in the fees and all the needed information to the Cannabis Compliance Board, a relatively new state regulatory agency that oversees the recreational marijuana industry. Now it’s November and she still doesn’t have her card.

“I think my boss is having the same issue, and he has other friends in the industry that are having the same problem,” Simes told the Reno Gazette Journal.

Mon
16
Nov

In economic crisis, Texas Democrats push to legalize marijuana

With a state budget devastated by the coronavirus, some Democratic lawmakers are hoping the economic crisis could become an opportunity to coax Texas into joining a growing number of states opting to legalize — and tax — recreational marijuana use.

The chances are slim.

State Sen. Roland Gutierrez of San Antonio and state Rep. Joe Moody of El Paso filed bills this week in advance of the 2021 legislative session that would legalize, regulate and tax personal cannabis use. State Rep. Terry Canales of Edinburg has proposed putting the question of legalization to Texas voters.

Mon
16
Nov

Most states now have legal medical marijuana, but N.C. lags behind

Marijuana won big this election, gaining legal ground in five states, but it remains illegal in North Carolina. That’s not expected to change with the state’s incoming legislature.

Mon
16
Nov

House of Representatives Plan Vote on MORE Act in December

This December, the U.S. House will vote on the MORE act, the act that could decriminalize cannabis and revise its status as a controlled substance. 

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