Tag Archives: Federal law

Here’s Why McCarran International Airport Now Has Marijuana Amnesty Boxes

Here’s Why McCarran International Airport Now Has Marijuana Amnesty Boxes

Here’s Why McCarran International Airport Now Has Marijuana Amnesty Boxes

Las Vegas’ McCarran International Airport is encouraging people not to gamble their luck when it comes to flying illegally with marijuana.

Medical Marijuana and Money Laundering

Medical marijuana may be legal in many states, but federally, it is still illegal. This means that banks run the risk of being charged with money laundering or other crimes for working with what the federal government considers an illicit activity. This creates a precarious situation where billions of dollars of state-licensed marijuana profits are handled almost exclusively in cash. What are the laws the set up this framework? What problems does this create? What is the solution?

U.S. Judge Weighs Challenge to Federal Marijuana Prohibition

The U.S. Department of Justice on Wednesday urged a federal judge to dismiss a lawsuit seeking to overturn the United States’ longstanding prohibition of marijuana, the latest court battle over federal policy under President Donald Trump’s administration.

Canadian Marijuana Producers End Rally as U.S. Set to Tighten Enforcement

Canadian Marijuana Producers End Rally as U.S. Set to Tighten Enforcement

Canadian cannabis stocks fell on Thursday after the U.S. government said it would resume enforcement of federal laws banning marijuana in states that had legalized pot, disrupting a seven-day rally that boosted shares to record highs.

ACLU Statement on DOJ Decision to Shift Federal Government's Role in State Marijuana Laws

ACLU Statement on DOJ Decision to Shift Federal Government’s Role in State Marijuana Laws

WASHINGTON, Jan. 4, 2018 /Weed Wire/ — The Department of Justice is expected to reverse an Obama-era policy today that discouraged federal prosecutors from bringing charges against marijuana users in states where marijuana is legal.

Attorney General Rescinds Department of Justice Policy Regarding Federal Marijuana Enforcement

Attorney General Rescinds Department of Justice Policy Regarding Federal Marijuana Enforcement

WASHINGTON, Jan. 04, 2018 /Weed Wire/ —Attorney General Jeff Sessions has rescinded the Department of Justice policy that directed federal law enforcement not to target individuals or businesses that are in compliance with state law.

GOP Congressman Wants Trump to Help Legalize Medical Marijuana

GOP Congressman Wants Trump to Help Legalize Medical Marijuana

Rep. Matt Gaetz has been in Congress for less than a year, but the Florida Congressman has already become one of the House’s foremost leaders working to reform federal marijuana policies. Just one problem: GOP leadership doesn’t seem especially interested in giving the issue a fair shake.

Toronto Stock Exchange May Delist Marijuana Firms With US Operations

Toronto Stock Exchange May Delist Marijuana Firms With US Operations

Canada’s TMX Group Ltd (X.TO), operator of the Toronto Stock Exchange, said on Monday that it might delist stocks of marijuana companies with interests in the United States, where their operations are illegal under federal law.

5 Things You Didn’t Know About Getting a Medical Marijuana Prescription

5 Things You Didn’t Know About Getting a Medical Marijuana Prescription

Medical marijuana is legal now in 29 states and Washington D.C., but there is still a lot of confusion around the medicine, especially regarding the medical marijuana prescription. Marijuana treats a number of illnesses and pain, but in order to treat and access medical marijuana, patients are required to have a medical marijuana card.

Trump Extends Cannabis Protections 'Til December as Plans for Study, States Remain Hazy

Trump Extends Cannabis Protections ‘Til December as Plans for Study

In his temporary budget-dealing with Democrats, President Trump has agreed to continue a ban on using federal funds to interfere in states’ legal cannabis practices, but as 2018 nears, a government stance is largely still up in the air.

Attorney General Jeff Sessions Says Marijuana Still Illegal

Attorney General Jeff Sessions Says Marijuana Still Illegal

U.S. Attorney General Jeff Sessions on Wednesday criticized the legalization of marijuana in multiple states and warned that the federal law banning use and sale of the drug “remains in effect,” remarks that could stoke fears of a federal crackdown.

Sen. Cory Booker Says Marijuana Should be Legal in America

Sen. Cory Booker Says Marijuana Should be Legal in America

In a Facebook live address, Cory Booker introduced legislation that would legalize pot at the federal level citing that current drug laws “are badly broken” and disproportionately hurt minority communities.

CEJO+Logo Judges

Supreme Court Ethics Committee Advises Judges Against Investments in Marijuana Enterprises

SAN FRANCISCO, April 19, 2017 /Weed Wire/ — The California Supreme Court Committee on Judicial Ethics Opinions (CJEO) has adopted a formal opinion advising judges that maintaining any interest in an enterprise that involves medical or recreational marijuana is incompatible with the obligation to follow the law under California Code of Judicial Ethics.

5 Drug-Developing Marijuana Stocks You Need to Know

5 Drug-Developing Marijuana Stocks You Need to Know

Medical marijuana remains the safest investment route — if you’re forced to choose one — so here’s a brief rundown of the cannabinoid-based drugs working their way through clinical and preclinical trials.

Only Universities Can Test Ohio's Medical Marijuana For First Year

Only Universities Can Test Ohio’s Medical Marijuana For First Year

In Ohio, public universities have to test medical marijuana during the first year of the state’s program. Private laboratories are not allowed to do the testing. The law creates a practical problem. Universities do not necessarily want to risk losing federal funding for testing medical marijuana, which remains illegal under federal law.

Dad Says Doctor Stopped Seeing His Daughter Due to CBD Oil Use

Dad Says Doctor Stopped Seeing His Daughter Due to CBD Oil Use

A Duke doctor has refused to continue seeing a nine-year-old North Carolina girl because her family gives her cannabidiol oil to cope with a rare illnes. The nine-year-old, Mia Morley, has a medical condition called Lennox Gastaut Syndrome. Her father, Dylan Morley, said Dr. Muhammad Mikati’s decision was based upon the federal status of CBD oil, which is not FDA approved.

Has Recreational Marijuana Use Become Too Big To Jail?

Has Recreational Marijuana Use Become Too Big to Jail?

Enforcing marijuana laws: FNC’s Alicia Acuna on concerns the Trump Administration may get tougher on enforcement of federal laws against recreational marijuana use.

Colorado Governor Raises States' Rights in Interview on Federal Anti-Pot Laws

Colorado Governor Raises States’ Rights in Interview on Federal Anti-Pot Laws

In a nationally broadcast interview on Feb. 26, 2017, Colorado Gov. John Hickenlooper said his state has sovereignty on matters of marijuana, despite the federal government’s anti-pot laws and the new attorney general’s stance as a weed opponent. Hickenlooper was a guest on NBC’s Meet the Press.

Cannabis Caucus Weighs in on Potential Threat to Legal Pot

Cannabis Caucus Weighs in on Potential Threat to Legal Cannabis

The newly formed House Cannabis Caucus, co-launched by Alaska Republican Congressman Don Young, responded Thursday to a statement from a White House spokesman about potentially increasing federal prosecution of recreational smokers.

US Attorney General Says ‘Good People Don’t Smoke Marijuana’

US Attorney General Says ‘Good People Don’t Smoke Marijuana’

Jeff Sessions was sworn in as the new U.S. Attorney General Thursday. Sessions was confirmed Wednesday with a 52-47 vote, vowing in his subsequent speech to “defend the lawful orders” of President Donald Trump. The Attorney General is known for his criticism regarding the legalization of marijuana.

Should Marijuana Stocks Fear Supreme Court Nominee Neil Gorsuch?

Should Cannabis Stocks Fear Supreme Court Nominee Neil Gorsuch?

While there are a number of big issues and industries that could be impacted by the Gorsuch nomination (should he be confirmed), the marijuana industry and marijuana stocks have to be wondering how this nomination could impact them.

Colorado Supreme Court: Cops do Not Have to Return Confiscated Pot From Failed Cases

Colorado Supreme Court: Cops do Not Have to Return Confiscated Pot

When a drug case fails in Colorado, law enforcement officers do not have to return confiscated marijuana because doing so would be a violation of federal law, the Colorado Supreme Court ruled on Jan. 23, 2017. The decision overruled the Colorado Court of Appeals, which had said Colorado Springs police must return marijuana to Robert Crouse, who was arrested on drug charges on May 5, 2011.

Top Marijuana Stocks to Watch in 2017

Top Marijuana Stocks to Watch in 2017

Sales in the legal marijuana industry are skyrocketing, which is why Money Morning created a list of the top marijuana stocks to watch in 2017. But because marijuana is still illegal under federal law, and many of the marijuana stocks on the market are so volatile, this isn’t a list of recommendations. Rather, it’s a list of marijuana stocks they are watching closely in 2017.

New York Hospitals Stuck Between State And Federal Laws on Medical Marijuana

New York Hospitals Stuck Between State And Federal Laws on Medical Marijuana

The state of New York allows five companies to dispense medical marijuana to qualified patients, but most hospitals receive federal funds, so they cannot allow patients to use pot medicinally, according to an article in the Times Herald-Record of Middletown, N.Y. While several states have approved marijuana for medical or adult use, it remains illegal under federal law.

Legal pot growers to drive up California warehouse rates

Legal Pot Growers to Drive Up California Warehouse Rates

Shares of industrial warehouse companies such as Prologis Inc, Rexford Industrial Realty Inc and Terreno Realty Corp that have significant exposure to the California market should benefit even if they do not lease to marijuana companies directly, fund managers and analysts say.

U.S. senators seek to protect banking for pot business vendors

United States Senators Seek to Protect Banking for Pot Business Vendors

The U.S. government should keep banks from cutting off the accounts of vendors who work with state-sanctioned marijuana businesses, 10 U.S. senators said in a letter to the Treasury on Wednesday.

Obama: Marijuana Should Be Treated Like ‘Cigarettes or Alcohol’

Obama: Marijuana Should Be Treated Like ‘Cigarettes or Alcohol’

“Look, I’ve been very clear about my belief that we should try to discourage substance abuse,” Obama said. “And I am not somebody who believes that legalization is a panacea. But I do believe that treating this as a public-health issue, the same way we do with cigarettes or alcohol, is the much smarter way to deal with it.”

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Audit: Postal Service Needs New Policies For Marijuana Found in Mail

An audit of the U.S. Postal Service calls for new policies to secure marijuana found in the mail. The audit, finished in October 2016, was based upon visits to seven USPS facilities earlier in the year. It found packages containing marijuana in places like an unlocked cage, an unlocked office and on an unguarded table.

Election Could Create Flood of Marijuana Cash With No Place to Go

Election Could Create Flood of Marijuana Cash With No Place to Go

The prospect for a market of such scale is adding urgency to calls for a national approach to marijuana that expands banking options. Law enforcement and Federal Reserve officials have expressed concern about the fraud and crime associated with un-bankable cash.


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