In New York, recreational marijuana-use is still illegal, but some New York lawmakers think that it is close to changing.
Tag Archives: Legalization
Medical Marijuana Legalization in Greece Now a Reality
Last summer, medical marijuana legalization in Greece was being studied by the country’s Ministry of Health, but that study lead to action and now legalization has become a reality for the Hellenic Republic.
Dixie Elixirs Partners with Tricorbraun Under an Aggressive Six-Month Timeline to Meet the Latest Cannabis Regulations with a Custom Packaging Design Solution
OAK BROOK, Ill., June 28, 2017 /Weed Wire/ — Dixie Elixirs has worked with TricorBraun for stock packaging but this is the first time they would engage with them for an innovative, custom packaging solution.
This is Why a Majority of Voters Support Utah Medical Marijuana Legalization
Utah medical marijuana legalization is gaining traction. On June 27, 2017, the Utah Patients Coalition announced that a majority of voters support medical marijuana legalization via a state ballot initiative.
CBA Statement: More Research and Proper Coding Needed to Determine the True Impact of Legal Cannabis in Traffic Incidents
DENVER, June 23, 2017 /Weed Wire/ — The Cannabis Business Alliance (CBA) has released a statement in response to a recent insurance study by the Highway Loss Data Institute (HLDI) linking the legalization of recreational marijuana with an increase in car crashes reported to insurers.
New Nevada Marijuana Laws Will Turn State into a Cannabis Destination
New Nevada marijuana laws will likely turn the state known for the partying in Las Vegas, into a cannabis destination, as well.
Statement from the Minister of Health on the ‘Lower-Risk Cannabis Use Guidelines’
OTTAWA, Ont., June 23, 2017 /Weed Wire/ — I welcome the publication of the “Lower-Risk Cannabis Use Guidelines” today in the American Journal of Public Health. The Canadian Institutes of Health Research supported the development of these Guidelines through funding provided to the Canadian Research Initiative in Substance Misuse.
Vermont Legalization Bill Blocked by House of Representatives
Vermont will have to wait another year until recreational marijuana is legalized. During a special veto session, which took place on June 21, 2017, the Vermont House of Representatives voted to block consideration of a bill that would legalize recreational marijuana.
Massachusetts House Approves Major Overhaul of Recreational Marijuana Laws
On June 21, 2017, the Massachusetts House of Representatives voted overwhelmingly to approve a bill that would impose a major overhaul of the state’s recreational marijuana laws.
Mexican Medical Marijuana Was Just Legalized but Investors Beware
Mexican medical marijuana businesses and their investors will have a long time to wait before seeing profits from the newly legalized industry.
Report: Crown Corporation Should Sell New Brunswick Recreational Cannabis
Canada’s recreational cannabis legalization is planned for a rollout in July 2018, but provinces and territories are in charge of drafting and establishing jurisdiction-specific rules, so they’ve been working hard to create rules that fall within the country’s legalization framework.
Mexico Legalizes Marijuana for Research and Medicinal Purposes
On June 19, 2017, Mexican President Enrique Peña Nieto signed a measure into law that legalizes marijuana for research and medicinal purposes.
New Brunswick Working Group on Cannabis Legalization Releases Interim Report
FREDERICTON, N.B., June 21, 2017 /Weed Wire/ – A proposed provincial model for the legalization of recreational cannabis was outlined today in an interim report released by a government working group.
Oklahoma Medical Marijuana Legalization Initiative Makes 2018 Ballot
Oklahoma medical marijuana legalization may become a reality in 2018 as a legalization initiative has qualified for the state’s 2018 ballot.
New Jersey Recreational Marijuana Bill Gets Committee Hearing
Democratic lawmakers in the Garden State are making moves on a New Jersey recreational marijuana bill. On June 19, 2017, the state Senate Judiciary Committee held a formal hearing on S-3195, a bill that would legalize, tax and regulate recreational marijuana in the state.
With New Nevada Marijuana Laws on July 1, Watch These Three Cannabis Stocks
On July 1, 2017, Nevada will legalize the use and sale of recreational marijuana, which could be a catalyst for long-term gains for three cannabis stocks.
Massachusetts Senate Introduces Proposal to Preserve Current Recreational Marijuana Tax Rate
On June 16, 2017, the Massachusetts Senate introduced an outline to a bill that preserves the current tax rate on retail marijuana sales. The proposal is in stark contrast to the measure put forth by the Massachusetts House of Representatives.
Vermont Governor Thinks Legalization Deal Still Achievable Before Veto Session
Vermont just might get another chance at legalizing recreational marijuana. According to the Associated Press, Vermont Gov. Phil Scott has said that he still thinks it’s possible to reach a legalization deal before the legislature meets for a special two-day veto session.
NJ Marijuana Legalization Hearing on New Legislation
TRENTON, N.J., June 15, 2017 / Weed Wire/ — On Monday, the New Jersey Senate Judiciary Committee will hold a hearing on Senate Bill 3195 at 11:00 am in Committee Room 4 in the New Jersey Statehouse. Senate Bill 3195, introduced last month by Senator Nicholas P. Scutari (D-Middlesex, Somerset, Union), would legalize small amounts of marijuana for adults 21 years and older.
Drug Policy Alliance Launches Marijuana Legalization Campaign in New Jersey Focused on Racial and Social Justice
TRENTON, N.J., June 12, 2017 /Weed Wire/ — Today, the New Jersey Office of the Drug Policy Alliance launched its racial justice focused marijuana legalization campaign with a video produced by Brave New Films.
Libertarians Object to Proposed Marijuana Regulations
SACRAMENTO, Calif., June 12, 2017 /Weed Wire/ — The Libertarian Party of California strongly supports legal marijuana, for either medical or recreational use. However, we oppose the increase in new laws and regulations that has accompanied this trend.
Medical Marijuana Advocates Worry Pot Price Spike Coming to California
In 2016, more than 750,000 people in the state of California were registered medical marijuana users, making up nearly 2 percent of the state’s population. So what will change for the medical industry since the legalization of marijuana? Prices.
Texas Medical Marijuana Reform Fails to Pass
Texas medical marijuana reform is unlikely to occur in 2017. On May 29, 2017, the state’s legislative session came to a close; and with it, all hopes of passing House Bill 2107, a bill legalizing medical marijuana in the state.
Green Bubble? Cannabis Investors on White-Knuckle Ride as Share Prices Fall
Canadian marijuana stocks have been on a punishing slide for three straight months despite a temporary blip of investor fever in April that sent share prices soaring to record highs as Ottawa tabled legislation to legalize pot.
NBA Analyst Confirms Cavaliers’ Locker Room Smelled Like Marijuana
NBA analyst Brian Windhorst confirms that the Cleveland Cavaliers’ locker room smelled like marijuana, and Jalen Rose does not see a problem with it.
Alberta Marijuana Legalization: Province Surveying Public on Recreational Rollout
On June 2, 2017, Alberta, one of Canada’s western provinces, announced that it is seeking input from Albertans on the province’s recreational marijuana rollout.
Albertans: Have Your Say on Cannabis Legalization
EDMONTON, Alberta, June 2, 2017 /Weed Wire/ — The survey, along with a series of stakeholder engagements, will help guide how Alberta will adapt to proposed federal legislation that would legalize cannabis by July 2018. Albertans are asked to visit alberta.ca/cannabis to learn more about cannabis legalization and participate in the survey, which will run until July 31, 2017.
New Hampshire Marijuana Decriminalization Bill Sent to Governor
After a vote from the state House of Representatives, a New Hampshire marijuana decriminalization bill is headed to Gov. Chris Sununu’s desk. On June 1, 2017, the House approved House Bill 640, which would reduce the penalty for minor possession of marijuana.
How High are Marijuana Taxes in Your State?
As public support for legalization rises, policymakers are left to figure out the proper way to handle marijuana taxes if their state follows the trend.
Maine Senate Approves Measure to Fund Legalization Implementation
On May 25, 2017, the Maine Senate voted unanimously to approve LD 243, a measure that would fund legalization implementation for the state’s recreational marijuana market.
Maine Legislature Passes Bill to Fund the Implementation of the Marijuana Legalization Initiative and Change the Agency That Will Regulate Marijuana for Adult Use
AUGUSTA, Maine, May 25, 2017 /Weed Wire/ — The Maine Legislature has passed a bill to fund the implementation of the successful 2016 marijuana legalization initiative and change the agency that will regulate marijuana for adult use.
Vermont Governor Has Vetoed Recreational Marijuana Legalization
On May 24, 2017, Vermont Gov. Phil Scott vetoed recreational marijuana legalization. Scott announced his decision during a press conference, citing concerns over health and public safety as his main reasons for vetoing S. 22, the legalization legislation that had been approved by the state legislature.
Is Legal Marijuana the Best Option in Connecticut’s Budget Crisis?
Connecticut lawmakers are questioning if legal marijuana is the best option in fixing the New England state’s current budget crisis.
South Dakota Marijuana Legalization Petition Approved by State Attorney General
A South Dakota marijuana legalization petition has been approved by Attorney General Marty Jackley. On May 17, 2017, Jackley issued an Attorney General Explanation for the legalization initiative that aims to legalize all quantities of marijuana and have the South Dakota Department of Agriculture establish a regulatory system for recreational marijuana.
Alaska Police Standards Council (APSC) Addresses Possession, Distribution, and Cultivation of Marijuana by Officers
JUNEAU, Alaska, May 18, 2017 /Weed Wire/ – In February of 2015, following the legalization of recreational marijuana in Alaska, the Alaska Police Standards Council (APSC) examined the applicable state regulations prohibiting certified police, correction, probation/parole, and municipal corrections officers from using or consuming marijuana and determined by a unanimous vote that the regulations should and would remain unchanged.
Why You Should Invest in Cannabis Stocks Now
Countries around the globe are embracing legal medicinal or recreational cannabis, and the industry is reacting accordingly.
Attorney General Explanation Released for Initiated Measure to Legalize All Quantities of Marijuana
PIERRE, S.D., May 17, 2017 /Weed Wire/ — South Dakota Attorney General Marty Jackley announced today an Attorney General Explanation for a proposed initiated measure has been filed with the Secretary of State.
Why Marijuana Companies May Be Treading Water for Quite a While
While investors holding for the past year have still made a positive return, there may not be much room left for marijuana companies’ shares to run higher.
Pot Couriers Searching for Path to Legalization in Sacramento
The California city has not forced any delivery businesses to shut down while officials sort out the rules for legalization in Sacramento.
New Study Canna Ventures First to Define Audience Segments of Cannabis Consumers Paving the Way for Mainstream Marketing
SEATTLE, Wash., May 10, 2017 /Weed Wire/ – A new study by Canna Ventures reveals expanding legalization is changing consumer attitudes and clarifying who will be the cannabis consumers, and who won’t.
Marijuana Legalization Ballot Language Filed with State of Michigan
DETROIT, Mich., May 5, 2017 /Weed Wire/ — The Coalition to Regulate Marijuana Like Alcohol officially submitted ballot language to the State of Michigan today that would legalize adult consumption of marijuana in Michigan. Signature collection drive is expected to begin shortly after the State Board of Canvassers meets to review and approve the petition language that would place the marijuana legalization initiative on Michigan’s November 2018 statewide ballot.
Vermont Senate Passes Bill That Would Eliminate Penalties for Adult Marijuana Possession and Cultivation, Create a Study Commission to Consider Regulating and Taxing Marijuana
MONTPELIER, VT., May 8, 2017 /Weed Wire/ – The Vermont Senate passed a bill on Friday that would make personal possession and cultivation of small amounts of marijuana legal for adults 21 and older beginning in July 2018.
Vermont House Approves Legalization Bill
On May 2, 2017, the Vermont House of Representatives voted 75-71 to approve H.170, a bill that would legalize recreational marijuana statewide.
Treasurer Chiang’s Cannabis Banking Working Group to Meet in Santa Rosa to Resolve Cannabis Banking Dilemma
SANTA ROSA, Calif., May 3, 2017 /Weed Wire/ — Since December, California State Treasurer John Chiang’s Cannabis Banking Working Group has been engaged in an ongoing effort to ensure a safe and smooth transition for the public.
North Carolina Marijuana Legalization Garners Major Voter Support
According to a recent poll published by Elon University, North Carolina marijuana legalization is gaining momentum, with more than half of the state’s citizens ready to legalize the plant for medicinal purposes.
3 Charts That Show Why the Marijuana Stock Boom Could Continue
Can marijuana stocks keep going higher? The answer could depend more on the laws of supply and demand than current U.S. laws.
Hickenlooper Doesn’t Foresee Sessions Cracking Down on Legal Marijuana
On April 27, 2017, in an interview with Chuck Todd, host of NBC’s Meet the Press, Colorado Gov. John Hickenlooper recounted a recent talk he had with Attorney General Jeff Sessions and indicated that he doesn’t foresee Sessions cracking down on state-legal marijuana.
4 Pitfalls to Avoid in Your Cannabis Career
When it comes to the cannabis industry, it’s difficult to even find an accurate comparison in business. Every business in this industry is effectively a startup in addition to the fact that we’re in one of the newest and fastest growing industries in the world; that makes it like a startup on steroids. To say it’s unpredictable and risky is an understatement.
3 Pot Stocks That Will Benefit if Canada Legalizes Recreational Weed
Three Canadian medical cannabis companies, which have been expanding their growth operations like crazy over the past couple of quarters, could be in line for significant sales growth if Trudeau’s legislation passes.
The Trump Administration’s Reefer Madness on The Daily Show
In honor of 4/20, The Daily Show host, Trevor Noah, breaks down how Attorney General Jeff Sessions is ramping up enforcement of marijuana laws and makes the case that President Trump is always high.