While the initial Canadian cannabis tax framework was revealed on Nov. 10, 2017, provincial leaders and industry stakeholders renounced the proposed 50-50 split of cannabis taxes and so federal, provincial and territorial finance ministers went back to the drawing board, announcing the revised Canadian cannabis tax plan on Dec. 11.
Tag Archives: Bloomberg
Advocates Challenge de Blasio to Stop Running from His Record and to Address Racial Disparities in Marijuana Arrests
NEW YORK, Aug. 4, 2017 /Weed Wire/ — Today, Mayor de Blasio’s office published a statement disputing the findings of the Drug Policy Alliance report, “Unjust and Unconstitutional: 60,000 Jim Crow Marijuana Arrests in Mayor de Blasio’s New York.”
What We Know About the Future of Los Angeles County Cannabis Regulations
While Los Angeles County cannabis regulations have yet to be developed, the county is ready to gain insight from its residents on a range of issues that need to be addressed to regulate cannabis in its unincorporated areas.
For Marijuana Stocks in 2017, Real Estate Is the Next Big Catalyst
Real estate is the next big catalyst for marijuana stocks in 2017, as more voters demand legalized recreational and medical cannabis in their states.
QuickTake: Marijuana Legalization
Bloomberg’s Vonnie Quinn reports on today’s top “QuickTake” topic.
Silicon Valley Investors Are Finally Getting Marijuana Religion
When three Colorado marijuana entrepreneurs made a presentation to 40 Silicon Valley investors last year, it was as though they were discussing something dirty.
Teacher’s Reinstatement After Marijuana Possession Upheld
June 13 — A teacher who was fired after being convicted of marijuana possession should be reinstated, a Pennsylvania appeals court ruled.
CEO of Privateer Holdings: ‘Cannabis in the United States is Bigger than Corn’
On Dec. 4, 2015, Bloomberg’s Britton Staniar and Peter Robison interviewed Brendan Kennedy, CEO of Privateer Holdings, a private equity firm focused on the legal cannabis industry, in Seattle to discuss Privateer’s investments in cannabis-related businesses.
With Marijuana Price Down 70%, Colombia Growers Are Bailing
On a drug farm miles from anywhere in the central Andean mountains of Colombia, workers are digging up marijuana bushes and replacing them with avocados.
Don’t Look for a Cannabis ETF Anytime Soon
The attractiveness of an ETF that could lower the volatility and risk of making an investment into a single cannabis stock is quite evident. But is it feasible?
Why the Marijuana Business Needs Bank Accounts
MedMen Founder and Managing Partner Adam Bierman and Bloomberg’s Keri Geiger discuss cash from legalized marijuana sales and the banking industry.
Marijuana Legalization in US Capital Dashed in Budget Plan
A move to legalize marijuana in the nation’s capital may be blocked by Congress.
Legal Marijuana Help Wanted, Budtenders to Accountants
Bruce Nassau made his first fortune in the cable television industry in Colorado. Now he sees opportunity in the legalization of marijuana.
Marijuana Law Mayhem Splits U.S. as Travelers Get Busted
America is two nations when it comes to marijuana: in one it’s legal, in the other it’s not. The result is that people like B.J. Patel are going to jail.
Investor Interest Buds as Legal Cannabis Expands
June 24 (Bloomberg) — David Friedman, an investor and publisher of Marijuana Investor News, and Patrick Rea, founder of Miso Capital, talk with Bloomberg’s Jennifer Oldham about investing in the marijuana industry.
Marijuana Stocks Pose Investor Risk, Canada Watchdogs Say
Canada’s securities watchdogs are warning investors to be wary of publicly traded companies with ambitions to grow and sell medical marijuana after a rush of at least 13 firms into the industry.