Marijuana Politics

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Wed
18
Sep

House expected to vote on bipartisan marijuana banking bill this month

The House will vote later this month on a bipartisan bill that will allow cannabis businesses access to the federal banking system.

House Majority Leader Steny Hoyer intends to bring the SAFE Banking Act, introduced by Colorado Democratic Rep. Ed Perlmutter, to the House floor for a vote this month, his office said.

Hoyer announced at the whip meeting Thursday on Capitol Hill that he would like to advance the legislation, according to his office.

“We’re discussing it with members, but it hasn’t been scheduled just yet,” Hoyer spokeswoman Mariel Saez said.

Wed
18
Sep

Does overregulation drive black market marijuana?

A new study found that high taxes and cost of compliance keeps many small-time players within the black market in legalized states.

If you believe Donald Trump, you’d believe that all vaping is created equal. “People are dying with vaping,” he said in explanation of his administration’s decision to flavored e-cigarettes. “A lot of people think vaping is wonderful, it’s great. It’s really not wonderful.”

Wed
18
Sep

California pledges $20 million to public awareness campaign against vaping

California will spend $20 million on a public awareness campaign about the dangers of vaping nicotine and cannabis products and step up efforts to halt the sale of illicit products amid a rise in vaping-related illnesses.

Democratic Gov. Gavin Newsom announced the actions Monday as part of an executive order.

Wed
18
Sep

Another warning shot from FTC on cannabidiol claims

Last week the U.S. Federal Trade Commission sent more warning letters to companies over claims it alleges have been made relating to cannabidiol (CBD).

This warning shot across the bows follows a round of letters sent in March this year by the FTC and U.S. Food and Drug Administration (FDA).

Wed
18
Sep

Colombia’s Congress to debate decriminalization of marijuana

Colombia’s leftist opposition sponsored a bill to regulate marijuana as part of a package of legislation proposals that seeks to end the war on drugs.

The marijuana bill of opposition Senator Gustavo Bolivar would end the repressive drug policy of President Ivan Duque, who can only count on a minority in Congress.

Tue
17
Sep

Legal edibles, other derivatives should add 3 million consumers to Canadian cannabis market

The second great Canadian cannabis rush is nearing the starting line, with pot entrepreneurs looking to stand out amid an onslaught of soon-to-be-legal edibles on the market.

Legal cannabis edibles and other derivatives are expected to grow Canada’s cannabis market by three million consumers, or 65 per cent, according to a poll commissioned earlier this year by a leading industry data collector.

The survey, conducted with 3,000 respondents last May by Lift & Co. and Ernst and Young, suggests the country’s 4.6 million adult cannabis users will grow to about 7.6 million after a wider variety of non-smokable licensed products go on store shelves at year’s end.

Tue
17
Sep

Home growers take on corporate cannabis in Canada

In October 2018, Canada legalized cannabis for adult use nationwide. Under Canada’s Cannabis Act, adults are allowed to cultivate up to four cannabis plants per household, either indoors or outdoors. Now, almost a year into legalization, more Canadians are taking advantage of this freedom — and are pushing to expand it. 

Take, for example, a nursery in the small town of Petitcodiac, New Brunswick that decided to hold a workshop on home cannabis cultivation last week. They were overwhelmed by the turnout and had to find a bigger venue at the last minute.

Tue
17
Sep

Confusion reigns as Maine rolls out its marijuana tracking system

The state marijuana industry didn’t like what it saw when it got its first look at Maine’s new track-and-trace system Monday: hundreds and hundreds of 25-cent tags required to catalog every plant’s path to pre-rolled joint, vape cartridge or infused candy.

“This will drive prices through the roof,” said medical marijuana caregiver Dawson Julia of Unity. “It’s going to put a lot of people out of business. It will make medicine so expensive that nobody will be able to afford it. It will guarantee the survival of the black market.”

Tue
17
Sep

As states legalize marijuana, pesticides may be a blind spot

The EPA would ordinarily evaluate pesticide safety, but it has never done so for marijuana because the plant is illegal under federal law. (Bill Clark/CQ Roll Call)

People who consume marijuana medically or recreationally may be exposing themselves to unknown health risks from toxic pesticides.

The EPA would ordinarily evaluate pesticide safety but has never done so for marijuana because the plant is illegal under federal law. So, states with legalized marijuana industries have been tasking newly created cannabis regulators, health officials and others with setting testing standards for pesticide residues present on the plant.

Tue
17
Sep

Hemp Licenses quadrupled from 2018 to 2019, so will there be a CBD surplus?

In the first year since hemp has been legal for commercial cultivation on the federal level, people across the United States are jumping at the opportunity to try their hand growing the legendary plant.

According to new numbers from the hemp advocacy group Vote Hemp, this year, 16,877 farmers received a license from their state to grow hemp (defined as cannabis with less than 0.3% THC) — for a total of over 500,000 acres of hemp licensed for cultivation in 2019.

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