Marijuana Politics

Synonyms: 
congress
senate
police
obama
rand paul
political
Wed
22
Jan

The Feds Request Info on Cannabis & Migraines

The federal Department of Health and Human Services’ Agency for Healthcare Research and Quality (AHRQ) is putting out a call for research on marijuana’s impact on migraines.

Wed
22
Jan

Cannabis House at Davos 2020 to tackle climate change, sustainability, healthcare

In a show of the growing acceptance of the pot industry, the World Economic Forum in Davos will host the Cannabis House for the second year in a row this week.

Top cannabis industry executives will flock to the small Swiss town for a two-day conference at the Cannabis House hosted by CannTech.

Discussions will aim to highlight “the economic role of cannabis in the future of healthcare, international trade, investment, and environmental and resource security, with the goal of creating a fair and viable cannabis-related industry globally.”

Wed
22
Jan

Law Enforcement Struggles To Differentiate Weed From Hemp: This 50-Year-Old Technology Might Be The Solution

The hemp industry got a major boost from the passing of the 2018 Farm Bill a year ago.

Almost overnight, hemp was no longer considered a controlled substance, as long as plant material contained less than 0.3 percent dry weight tetrahydrocannabinol (THC), which is the main psychotropic compound in cannabis.

Since the bill was passed, 34 states have made it legal for farmers to grow hemp, and about 16,000 farmers have been licensed to grow the crop. Industry experts forecast the U.S. hemp market to generate more than $25 billion in sales by 2025.

Wed
22
Jan

Five Things To Watch in Cannabis In 2020

2019 was a hard year for cannabis stocks. As the industry struggled to start showing profitability, companies tried their best to strengthen their presence in the U.S. with a great wave of consolidation through M&A.

Although the impressive market potential of cannabis remains undisputed, hurdles along the way have caused many cannabis investors to become disenchanted with the industry and its short-term yields. 

In 2020, expect many of those same issues to continue -- but the new year could also bring new opportunities that could turn the tables for some sectors in the industry.

Wed
22
Jan

Legal marijuana in Illinois causing someone to break the law

When Illinois legalized marijuana for recreational use, it ended several decades of marijuana prohibition all across the state. This is a good thing for most cannabis-loving Illinois residents. But that doesn’t mean cannabis enthusiasts are all of a sudden free to do just anything they want with weed. There are rules, though some are confused about what it means to be in a state where marijuana is no longer under a total ban.

Tue
21
Jan

California lawmakers say pot taxes must be cut to help an industry ‘on the brink’

California lawmakers on Friday revived a proposal to temporarily cut taxes on marijuana to boost a legal market that one official said is “on the brink of collapse,” drawing encouragement from Gov. Gavin Newsom as he seeks to overhaul state pot regulators.

The bill would cut the state excise tax on marijuana sales from 15% to 11% for three years while eliminating a cultivation tax for that period. Similar legislation has been shelved in the last two years, with Newsom saying he felt it was too soon after legalization to make changes to the law.

Tue
21
Jan

Oregon cannabis sales top $790 million last year

Oregon cannabis stores sold $793 million in products to consumers last year, generating more than $110 million in tax revenue for state and county coffers, according to an analysis of Oregon Liquor Control Commission data.

That’s close to $150 million more in sales than 2018. By next year, totals are expected to climb to nearly $1 billion.

“We think sales will continue to grow,” said Beau Whitney, vice president and senior economist for New Frontier Data, a global analytics firm. “Demand is coming from converting consumers from the illicit market and people moving away from the medical market.”

Tue
21
Jan

Ohio Farmers Another Step Towards Hemp In 2020

It’s looking increasingly likely farmers in the U.S. state of Ohio will be able to plant hemp this year.

On July 30 last year Ohio Governor Mike DeWine signed Senate Bill 57 into law, allowing for the state’s Department of Agriculture to immediately plant a research crop and helping to clear the way for the state’s farmers to start growing hemp in 2020 – but some red tape remained.

Tue
21
Jan

Europe needs time to warm to cannabis, but hope is slow and steady wins the race

When it comes to exporting marijuana to Europe, the North American model might need a little work.

The pace with which cannabis legalization is advancing across Canada and the U.S. — often ahead of needed regulations — does not work on a continent that literally speaks different languages, according to Strain Insider. As markets encounter turmoil here, armchair analysts may not have the answers they think they do to problems across the pond where business can move much more slowly.

Tue
21
Jan

2020 could be the year for hemp in Idaho: Farmers say crop option would be a boon

Magic Valley farmer Tim Cornie took a trip to Alberta, Canada, in September. He drove more than 3,000 miles in four days with one specific goal: To learn about hemp from Canadian farmers and researchers.

And he learned a lot.

“I came back thinking (hemp) was a very viable thing for Idaho,” Cornie said.

Cornie, and his cousin Kurt Mason, are farmers and owners of 1,000 Springs Mill, a new food company in Buhl that specializes in organic and non-genetically modified foods. They want to grow hemp essentially like a grain in the Magic Valley and sell the seeds as food.

But Idaho law won’t let them, even though hemp production is legal at the federal level and in 47 states.

Pages

Subscribe to RSS - Marijuana Politics