United States

Synonyms: 
USA
the states
the US
Tue
28
Jul

Cannabis industry: Suddenly pot legalization seems more likely

The U.S. could legalize marijuana at the federal level as soon as 2021 if Joe Biden is able to win the presidential election and Democrats take control of the Senate.

It’s a dramatic change in expectations from three months ago when it appeared Donald Trump would most likely win re-election, and CIBC analysts had put the odds of meaningful reform at “near-zero” for 2020 and “unlikely” for 2021.

“A fact that has become incredibly obvious from a chaotic 2020 is how quickly things can change,” analysts led by John Zamparo wrote in a note. “We stand by our statement for 2020, but for 2021, well, when the facts change, we change our minds.”

Mon
27
Jul

FDA issues cannabis research guidelines as CBD industry still hangs in limbo

hile the U.S. Food and Drug Administration just unveiled new draft guidelines to encourage cannabis-related clinical research, the CBD industry continues to wait in limbo for federal regulations on hemp-based products.

On Tuesday, the FDA released a seven-page draft that describes the agency’s “current thinking” on several topics surrounding the science of developing drugs containing cannabis and hemp-derived compounds.

Fri
24
Jul

The Benefits of Marijuana Stocks On The U.S. Economy

How the Cannabis Industry can Continue to Benefit America

Analysts are projecting that the U.S. cannabis industry could add as much as $130 billion into the economy within the next half-decade. This may seem like a lot, but given where marijuana stocks have already taken the market, it begins to make more sense. A new study showed that cannabis sales alone have shot up to around $50 billion as of last year.

Thu
23
Jul

FDA releases guidelines for cannabis-related research, but CBD will have to wait

The U.S. Food and Drug Administration released preliminary guidance on Tuesday on cannabis-related clinical research, outlining how companies seeking approval of drugs that contain cannabis or its derivatives must follow the traditional drug review and approval process involving clinical trials.

Wed
22
Jul

Congress Approves CBD Use For Military Members

The amendment, sponsored by Tulsi Gabbard, would supersede the Defense Department’s rule banning CBD for service members.

Wed
22
Jul

Kanye West Promises Free And Legal Marijuana As President

Who knows how serious Kanye is about becoming president, but at least he wants free weed for everyone.

Kanye West is sweetening the presidential pot, so to speak. After announcing his intention to run for POTUS on July 4, the Grammy Award-winning rapper, producer and fashion designer gave his first campaign speech Sunday evening, where he detailed various policy views in his trademark free-associative (some say “rambling”) manner.

Tue
21
Jul

Will Biden Be "Slow-Mo Joe" When It Comes to Pot Legalization? Not Really

If you think the U.S. will soon legalize marijuana at the federal level, you're not alone. Canopy Growth CEO and former Constellation Brands CFO David Klein expects that it will happen in 2022. I've speculated that marijuana could be legalized nationwide as early as next year.

But could presumptive Democratic presidential nominee Joe Biden be putting the brakes on the pot legalization train? Some might think so after reviewing recommendations from a task force that the former vice president formed along with Sen. Bernie Sanders. However, there's more to the story.

Mon
20
Jul

It's High Time To Clean Up The CBD Industry

Last week, the FDA released a report to Congress on their findings after randomly testing a broad range of CBD brands and products on the market. The findings were shocking: More than half the CBD products tested were inaccurately labeled, in many cases containing significantly more or less CBD than indicated on the packaging. Alarmingly, nearly half of the CBD products tested were found to contain the psychoactive compound found in recreational and medical cannabis—THC.

Mon
20
Jul

Will The U.S. Hemp Industry Ever Be Its Own Industry?

 

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