On April 26, 2017, New Frontier Data, an analytics firm, announced that it had released The Cannabis Industry Annual Report: 2017 Legal Marijuana Outlook, revealing some compelling data on the market habits of medical cannabis patients and recreational cannabis consumers across the country.
Tag Archives: Adult Use
On April 26, 2017, the Reno City Council rejected a measure that would have imposed a six month moratorium on recreational marijuana dispensaries. The council decided to abandon the moratorium after speaking with local dispensary owners.
WASHINGTON, April 26, 2017 /Weed Wire/ – New Frontier Data, the authority in business intelligence for the cannabis industry, has released, The Cannabis Industry Annual Report: 2017 Legal Marijuana Outlook.
On April 21, 2017, the Vermont Senate voted 21-9 to approve H.308, a bill that would legalize recreational marijuana in the state.
On April 20, 2017, Quinnipiac University announced the results of its latest national poll and found that 60% of American voters believe marijuana use should be legalized in the United States, the greatest level of federal legalization support ever recorded by Quinnipiac.
On Thursday, April 13, 2017, Canada made headlines with its official introduction of legislation to legalize recreational cannabis in the country by July 2018. While the country’s announcement has major national and international implications, cannabis stocks in Canada took a downturn upon hearing the news.
On April 13, 2017, the Minister of Justice and Attorney General of Canada Jody Wilson-Raybould introduced legislation to legalize recreational cannabis in Canada by July 2018.
OTTAWA, Canada, April 13, 2017 /Weed Wire/ — The current approach to cannabis does not work. It has allowed criminals and organized crime to profit, while failing to keep cannabis out of the hands of Canadian youth. In many cases, it is easier for our kids to buy cannabis than cigarettes.
On April 11, 2017, the Rhode Island House Judiciary Committee will hold a hearing on the Adult Use of Cannabis Act, a measure that would legalize recreational cannabis in the state.
While the Canadian Marijuana Index dipped slightly in March due to federal uncertainties, the Canadian public markets have bounced back today on the news of recreational marijuana legislation being introduced in Canada’s House of Commons this Thursday, April 13, 2017.
Some big proposed changes came down on April 4, 2017, in the California Bureau of Cannabis Control’s Proposed Trailer Bill Legislation. As the industry digests and considers the implications of these proposed changes, some of the more notable changes seem to reflect a friendlier approach to cannabis regulation in some key areas.
As the United States Congress begins debating whether to end the federal prohibition of marijuana, Delaware legislators have unveiled a recreational marijuana bill that would legalize adult use in the state.
On Feb. 23, 2017, during a daily briefing, White House Press Secretary Sean Spicer answered a reporter’s question regarding marijuana enforcement, prompting immediate reactions from members of the legal cannabis industry.
WASHINGTON, Feb. 23, 2017 /Weed Wire/ — Today Congressman Earl Blumenauer released the following statement in response to White House Press Secretary, Sean Spicer’s statement that the Trump Administration may start “greater enforcement” of adult use of marijuana.
On Nov. 4, 2016, House Minority Leader Nancy Pelosi revealed that she will be voting for Proposition 64, a state ballot measure that if passed by voters would legalize recreational marijuana in California.
On Oct. 27, 2016, Law Enforcement Against Prohibition, a nonprofit organization of criminal justice professionals, endorsed Nevada’s ballot Question 2, a ballot initiative that would legalize recreational marijuana in the state.
Weekly CannaBit for the week of April 4, 2016: Arrests for marijuana-related offenses in Washington, D.C., began falling in 2011, but since city residents legalized adult use in 2014, the decline has been dramatic. Total arrests have fallen 95% since 2011, and arrests for possession alone have fallen 99% over the same period.
Today the Council of the District of Columbia has a vote scheduled on legislation that restricts adult marijuana use in the District, prohibiting marijuana consumption everywhere but the home.
Weekly CannaBit for the week of March 21, 2016: With all of the 2015 year-end data, and a strong opening to 2016, New Frontier has revised the medical and adult use market projections to reflect the market’s continued explosive growth.
On Feb. 1, 2016, the campaign to legalize recreational marijuana received an endorsement from the California Medical Association.
Weekly CannaBit for the week of Feb. 1, 2016: Currently, half of the American population lives in a state where medical marijuana is legal and one-third (35%) live in a CBD-only state. Four states will vote on medical marijuana legalization in 2016.
Weekly CannaBit for the week of July 27, 2015: New Frontier analysts have calculated the top 15 states for marijuana use in the past month, with use in Vermont and Rhode Island nearly twice the national average.
Weekly CannaBit for the week of July 6, 2015: Support for marijuana legalization has increased dramatically over the past 40 years, with 55% Americans now in favor of adult use.
Stocks started out with a positive bias, but the early bullishness waned as the day continued. Cannabis stocks started the week dragging. Apparently, they had a case of the Mondays.