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iAnthus Capital provides Q2 corporate update

Canada has become a hotbed for marijuana investments and we do not expect this trend to end anytime soon.

Over the last two years, more than $1.5 billion has been investment in the Canadian marijuana industry and a lot of this capital has come from United States investors. While many investors have focused on companies levered to the Canadian marijuana market, some of the Canadian firms have been investing in the United States marijuana market.

iAnthus: Expands its Portfolio of U.S. Investments


10 States Most Likely to Pass Recreational Marijuana Next

Every week's there's a new story about how well recreational marijuana legalization has helped states such as Colorado, Washington and Oregon. And now several other states, such as California, Nevada and Massachusetts, have jumped on the train to reap the benefits of legalization. As the trend continues of states generating success from cannabis, where could we see future expansion of recreational use? Here's a list of 10 states most likely to pass recreational marijuana next.

10. New York


Vermont: Marijuana bill fails to pass, but legislators look to 2018

The bill that would have legalized recreational marijuana in Vermont has gone up in smoke, but legislators are saying: Wait until next year.

S.22, the Senate bill that would have allowed adults 21 and older to have up to 1 ounce of marijuana and to grow up to two mature plants and four immature plants on private property, would have taken effect in July.

Vermont legislators hoped a veto session that wrapped up last Wednesday would result in a path forward for the bill, the final draft of which included some of the compromises requested by Gov. Phil Scott, such as tougher penalties for underage smokers and those smoking around young children.


Vermont Marijuana Legalization Stalls in the House, Fails Again

Vermont lawmakers once again came close — but once again failed — to pass legislation to legalize marijuana Wednesday during a one-day special veto session.

The legal weed bill passed the Senate easily, as it has the past two years. But the bill hit a wall in the House, where an effort to suspend rules to bring the bill to the floor fell far short.

"It is our best chance to pass legalization of small amounts of marijuana," Senate Judiciary Committee chair Dick Sears (D-Bennington) told fellow senators before their vote early Wednesday evening.


Medical marijuana expansion gets governor's signature in Vermont

Gov. Phil Scott signed into law a bill that expands Vermont’s medical marijuana system.

The legislation, S.16, expands the list of conditions that qualify for the medical marijuana registry to include Parkinson’s disease, Crohn’s disease and post-traumatic stress disorder, as of July 1.

Under the new law, PTSD patients will also need to receive regular psychiatric or therapeutic care in order to qualify.

The new law also will allow more medical marijuana dispensaries to operate in Vermont.


Vermont AG: Take more time on marijuana bill

Gov. Phil Scott said he's sending the marijuana legalization bill, S.22, back to lawmakers with suggestions. He says the bill doesn't do enough to protect children, among other concerns.

Vermont's attorney general is worried that a legal marijuana bill could be rushed through the Legislature during a special veto session.

T.J. Donovan believes some form of marijuana legalization is inevitable — but he says lawmakers should focus on the state budget when they return to Montpelier on June 21-22.


Vermont marijuana veto: What's next

Gov. Phil Scott's veto has thrown the legal marijuana bill back to the Legislature, setting up more work for the summer and fall.

"We can all work together on this issue in a thoughtful and responsible way," Scott said Wednesday, suggesting that there is still a "path forward" for legalization.

Given the complexities of legislative procedure, however, that path could be more like a maze. Among the possibilities:

1. Game over

The bill could land with a splat, leaving lawmakers with the option of reviving their marijuana legalization efforts in 2018.

2. Move forward anyway

Lawmakers could override the governor's veto — which would require a two-thirds vote in both chambers.


Vermont Gov. Scott Vetoes Marijuana Legalization Bill

The myopic Vermont governor actually blocked the United States first legalization law passed by a state legislature. In a stunning example of how disengaged he is with the citizens he represents, Phil Scott vetoed the historic bill.

“As you might imagine, I have received a great deal of advice on this issue, and have taken the time to fully understand what this legislation proposes to do,” Scott said in a press conference on Wednesday. “I carefully weighed the advantages and disadvantages of this proposal in order to arrive at my decision.”


Vermont's DIY Approach on Marijuana

Vermont is on the verge of becoming the ninth state to legalize the recreational use of marijuana, but, being Vermont, it is taking an earthier, grow-it-yourself approach — one that could become a model for others.


The Countdown for Cannabis Legalization in Vermont has Begun

If no action is taken by Vermont’s Governor Phil Scott before Wednesday, the state will become the first to legalize cannabis through the legislative process, and not a ballot initiative.

The legislation has already been approved by both chambers of the state legislature and the governor has only a few more days to decide whether to sign or to veto it.

Although Governor Scott has not been an advocate for the cannabis industry because he is still not sure it is healthy, Scott has certainly become more favorable on cannabis. Earlier this month, after both houses approved the legislation, Governor Scott’s spokeswoman Rebecca Kelley released the following statement:


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