Last year, Governor of Maryland agreed with bill HB1101 that permits medical marijuana access, but only through teaching hospitals that are not obliged to cooperate, and have not taken up the offer. On April 5th, the Maryland House of Delegates approved a bill already passed at Senate, that legalizes social marijuana use to an extent. Two steps remain to complete the process.
Whether it’s high season in Times Square, Border Patrol publicity in Arizona or cannabis cookies in Oregon, the Internet is abuzz with an industry that refuses to be ignored.
One threat to medical marijuana dispensaries, besides federal law, ironically, is the emergence of recreational marijuana.
This a signal that the marijuana industry will continue to develop into a dual one.
The Obama administration has sent a message to the nation’s bankers: Even though the sale of marijuana is a federal crime, they can provide service to this new industry without fear of prosecution, but only if the bankers follow a detailed list of guidelines. FULL ARTICLE HERE
One clear obstacle stands in the way when it comes to business and investment opportunities within the legal marijuana trade: federal law. But will the tax revenue generated within the state of Colorado sway the views of congress?
Recreational marijuana goes beyond just regulating of weed like alcohol. It’s all about business. Colorado and Washington, the two states who have recently OK’d recreational cannabis, are going about the implementation process in very different ways. So far, Colorado takes the lead for yielding the most tax dollars.
The wishy-washy nature of the pot industry has led some investors to question whether liquidating their stocks is the right decision.
The Marijuana Index has some changes underway–keep calm and invest on.
The future of medical marijuana dispensaries may be cut short due to the implementation of recreational shops in states like Colorado and Washington.
After having been in the lime light regarding his views on cannabis, Sanjay Gupta openly admits to his advocacy for the legalization of marijuana on a federal level.
Will the tax revenue Colorado receives open the eyes of other states?
CNN’s Chief Medical Correspondent digs deeper into the use of Medical Marijuana
Move puts D.C.’s laws on marijuana among the most lenient in the nation