Marijuana Politics

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Thu
17
Dec

Senate Passes Bill To Expand Cannabis Research

legal gavel with cbd oil in bottle

The U.S. Senate approved a bill on Tuesday that would allow for the expansion of scientific research into cannabis and marijuana derivatives including CBD. The bill, known as the Cannabidiol and Marihuana Research Expansion Act (S. 2032), was advanced by unanimous consent and will now head to the House of Representatives for consideration. The House passed a similar measure last week, although provisions in that bill that would allow researchers to use cannabis products from state-licensed dispensaries are not included in the Senate proposal.

Thu
17
Dec

Easier Medicine Access For Ireland’s Medical Cannabis Patients

person holding a bottle of cbd oil

A temporary scheme enabling patients in Ireland easier access to their prescribed medical cannabis treatments has been made permanent.

In Ireland, specialist medical consultants can prescribe medical cannabis for patients with certain conditions assuming an appropriate application is submitted to the Department of Health and accepted. The country’s Medical Cannabis Access Programme kicked off in 2019 on a pilot basis for five years.

Thu
17
Dec

California Cannabis Industry May See Loosened Regulations

worker cutting up marijuana leaves

The Bureau of Cannabis Control‘s Cannabis Advisory Committee approved recommendations that would relax several regulations for the California cannabis industry, aimed at helping struggling cannabis businesses. The recommendations were included in the state panel’s annual report.

While arguably the largest state market for cannabis in the United States, California legal cannabis businesses struggle with competition from illegal cannabis sellers, among many other obstacles to expanded profitability. Though classified as essential services by the state, the businesses also have been affected by the COVID-19 pandemic and new public health requirements for retail and manufacturing industries.

Wed
16
Dec

California On Track To Collect $1 Billion In Cannabis Taxes

stack of money with cannabis buds

California’s booming cannabis industry has been around much longer than many in the United States, and now, the state is on pace to collect as much as $1 billion in taxes from sales made in 2020, a record landmark for the local industry. 

Wed
16
Dec

Illinois, other states banking on recreational cannabis tax revenue

cannabis plants hung up to dry

In the November election, four more states joined Illinois in allowing recreational marijuana use in hopes of closing budget gaps, but how reliable is the tax revenue?

Policymakers in these states lobbied for legal pot in part to bring in revenue. For example, New Jersey’s governor said the money would help fund education and infrastructure.

A report by The Pew Charitable Trusts said tax revenue from marijuana has proved uncertain in normal times, and economic hardships from the COVID-19 pandemic and consumer behavior shifts will only add to the uncertainty.

“Marijuana revenue is unpredictable, mainly that there is not a lot of historical data to base projections on,” said Adam Levin, spokesman for The Pew Charitable Trusts.

Wed
16
Dec

Why The Federal Government Doesn’t Need To Legalize Marijuana

american flag with a roll of money

All in all, legal marijuana would make just as much for governmental minions as prohibition has. It’s just a matter of perspective.

One of the biggest arguments right now for ending marijuana prohibition in the United States is that it would generate beaucoup bucks in tax revenue and provide the nation with a trapdoor out of the economic sludge brought about by the coronavirus. After all, marijuana sales are a boon in states where it is legal.

Wed
16
Dec

Australian researchers suggest loosening cannabis research rules could remove the cap on possibilities

marijuana plant

Anti-drug laws are putting a damper on fully exploring marijuana’s potential with respect to its possible health-helping benefits and how cannabis genomics may contribute to meeting that goal.

Researchers at Australia’s La Trobe University’s reviewed a raft of international studies of cannabis genomics and confirmed what many already believe.

Despite the many decades that cannabis has been studied, anti-drug laws are creating hurdles to identifying what scientists expect are weed’s unique medicinal properties, Mathew Lewsey, an associate professor at the university and the study’s lead researcher, suggests in a university statement.

Wed
16
Dec

What Does The U.N.’s Reclassification Of Cannabis Mean?

stack of papers under a gavel

Two weeks ago, I reported on the landmark ruling by the Court of Justice of the European Union (the CJEU) that cannabidiol (CBD) derived from the entire hemp plant is not a narcotic under the U.N. Single Convention on Narcotic Drugs of 1961 (the Single Convention); and thus, should be freely traded between European Union (EU) member states.

Wed
16
Dec

Cannabis Delivery To Ireland Is Here To Stay

flag of ireland against a marijuana leaf

In a huge move for the very conservative country, Ireland is now allowing prescribed cannabis to be delivered within the nation’s borders, so that legal patients no longer need to travel to the Netherlands or other legal, European countries just to get the medicine they need. 

Wed
16
Dec

Mexico's president says small 'mistakes' behind delay in landmark cannabis bill

mexican flag

Mexico’s President Andres Manuel Lopez Obrador on Tuesday blamed small draft errors for a delay in approving a new law that would legalize cannabis and effectively create one of the world’s largest weed markets.

The bill was due to be approved by Dec. 15, but it has been delayed to next year, with the Supreme Court setting a new deadline of April 30 for the law to be passed, according to local media.

Lopez Obrador said legislators requested a delay as time had run out before the current session in Congress ended this month, meaning there was not enough time to review the bill.

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