Marijuana Politics

Synonyms: 
congress
senate
police
obama
rand paul
political
Thu
06
May

April Marijuana Sales in Oregon, Illinois Set New Highs

The pandemic might be fading in the U.S., but Americans are still toking up in record numbers. Two states where recreational marijuana is permitted just published April sales numbers, and the results provided a nice contact high for the cannabis industry.

In Oregon, the first state to decriminalize cannabis (before making it fully legal many years later), total weed sales topped $110.5 million in April, setting a new monthly record and exceeding $110 million for the first time. That's saying something in a market that has effectively been open only since 2016.

Illinois, meanwhile, also set a fresh monthly all-time record in April, as sales in that state hit $115 million.

Thu
06
May

The USDA Gives Hemp a Big Hand

In the words of Thomas Jefferson, third American president and avid hemp farmer: “Hemp is one of the greatest, most important substances of our nation.” Roughly two hundred years later, the United States is finally taking Mr. Jefferson at his word.

The U.S. Department of Agriculture (USDA) announced on April 27 that it’s partnering with a private chemical manufacturing company on a two-year project, a move that could vastly expand the market for hemp-infused cosmetics.

The project’s aim is to forge new processes that could generate what the USDA dubs “cosmeceuticals,” or ingredients that “perform specific functions, like protecting skin from UV light, retaining moisture, or stabilizing other active ingredients used in skin-care formulations.”

Thu
06
May

How to Protect Your Rights and Ownership Stake in Cannabis Business Partnerships

Destigmatizing and legalizing cannabis are certainly positives for the industry, but it’s not just an increase in retail sales fueling the sector’s boom. Venture capital investors and businesses formerly agnostic (or even opposed to cannabis) now are pouring money into the industry, fueling much of the growth. With that, many long-term cannabis (and hemp) entrepreneurs are looking to parlay their experience and expertise in the field into profitable businesses.

Thu
06
May

How Much Every State Can Make From Legalized Marijuana

Marijuana is big business. Millions of users spend billions of dollars on it every year. As it becomes legalized in more and more states — some 15 currently permit its personal purchase, possession, and use, with at least two more scheduled to join them this summer — those states will want a share of the revenue. (As of now, these are the 15 states where marijuana is legal.)

How much do they stand to realize? 24/7 Wall St. ranked all 50 states based on how much excise tax revenue they can potentially generate from legalized marijuana sales. 

Thu
06
May

Mexican Cannabis Legalization: Why Hasn’t Legislation Passed?

It’s been well over two years since Mexico’s Supreme Court made its 5th consecutive ruling which knocked down cannabis prohibition. And yet, with no debate as to whether legislation must pass, it still has not, making cannabis remain in the legal gray area of Supreme Court legalization, and legislative illegality. So, what’s the current story with Mexican cannabis legalization?

Thu
06
May

Pushing A Global Revolution: Israel’s Cannabis Market Moves Towards Promising Recreational Reform

Israel’s cannabis market is finally moving into the recreational box this year. Some time this year, if all goes as planned, the country will implement a recreational system for adults over 21. In a page from the American state market, deliveries will be allowed, although cannabis edibles that resemble candy will be banned. There will also be state control of prices to ensure that customers do not return to illicit sales channels.

Thu
06
May

Tennessee Congress Passes SB 118, Sending Limited Medical Cannabis Bill To Governor’s Desk

 

The Tennessee Senate passed a bill on Tuesday, SB 118, that establishes a strictly limited medicinal cannabis program for patients with certain qualifying conditions. The move comes following a compromise reached between senators and members of the Tennessee House of Representatives, where a bill to establish a more extensive medical cannabis program was voted down last week. Wednesday afternoon, the Tennessee House voted in favor of SB 118.

Wed
05
May

N.J. town is trying to ban marijuana sales, but residents are fighting the move

In March, the Orange City Council took a preliminary vote, 4-2, in favor of an ordinance that would ban recreational marijuana sales within its borders.

 

The vote, which happened following the first reading of the ordinance, drew the ire of many in the community, including several business owners who are preparing to open recreational marijuana operations in the predominately Black township. The ordinance would need to be passed again at a second reading to become law.

Wed
05
May

Top Massachusetts Court in a Haze Over Local Control of Cannabis

In a test case for how much control local governments can have over the burgeoning marijuana industry, the Massachusetts high court struggled Monday to figure out if cities and towns can require some dispensaries to operate as nonprofits.

The dispensary in this case “has invested in a facility but now they won’t be able to operate it unless they get a new facility” in another part of town that’s zoned differently, worried Justice Scott Kafker. “Even though they’re completely legal.”

“A not-for-profit has a greater impact on the community than a for-profit?” he asked skeptically.

But Justice Serge Georges Jr. suggested that the town’s zoning didn’t negate the state’s marijuana legalization law.

Wed
05
May

New York Will No Longer Test Cabbies for Cannabis

Start spreading the news. 

New York City cab drivers no longer have to take drug tests for marijuana, according to the city Taxi & Limousine Commission (TLC), which gave the green light in a statement:

“Due to the change in the law, going forward, the TLC will no longer test for marijuana in required annual drug tests.” 

But don't expect cabbies to smoke doobies while driving. The TLC, which issues licenses to taxi, livery cab and ride-share drivers like Uber and Lyf, went on to caution:

Pages

Subscribe to RSS - Marijuana Politics