Could New York become the next state to legalize recreational marijuana? On Jan. 16, 2018, New York Gov. Andrew Cuomo announced his proposed FY 2019 state budget, which includes funding for the creation of a feasibility study aimed at understanding the social, health, and criminal justice impact of legalizing recreational marijuana in the state.
Tag Archives: Budget
Funding for the federal government is set to run out on Friday, unless Congress enacts a bill extending current spending levels. Also set to expire is a current rider that prevents the Department of Justice from interfering with state medical cannabis laws.
Massachusetts cannabis regulators could be getting an early Christmas present this year in the form of additional funding. Budget writers with the state House of Representatives released a bill on Nov. 29, 2017, that would give the state Cannabis Control Commission $2.7 million in additional funding.
Enforcing Canada’s new legal weed comes with a high price tag. The federal government will spend C$546 million ($426 million) over the next five years to implement its new cannabis laws, according to the latest budget forecast.
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.
Pennsylvania Auditor General Eugene DePasquale believes legalizing and regulating recreational marijuana could be an antidote to the state’s budget woes.
SALT LAKE CITY, Utah, Aug. 10, 2017 /Weed Wire/ — Utah Patients Coalition has received approval from Lt. Governor Spencer Cox to begin gathering signatures to qualify for the November 2018 ballot.
On July 24, 2017, the Ohio Department of Commerce and State Board of Pharmacy formally requested that the Ohio Medical Marijuana Control Program receive a substantial budget increase. With the Ohio Controlling Board approving the request, the program will receive a budget increase of $6 million over the next two years.
With legalized recreational marijuana sales fast approaching, San Francisco is set to create a new Office of Cannabis to handle cannabis permits and complaints and serve as a centralized resource for the public and businesses.
A new California bill making its way through state legislation would allow county fair vendors to sell pot alongside the corn dogs and cotton candy.
On June 15, 2017, the California State Legislature will vote on a state budget package, including a cannabis budget trailer bill.
Connecticut lawmakers are questioning if legal marijuana is the best option in fixing the New England state’s current budget crisis.
On May 16, 2017, the Oregon Office of Economic Analysis issued its quarterly Oregon Economic and Revenue Forecast, with the forecast giving a recreational marijuana outlook for the first time in the forecast’s history.
In a Connecticut budget bill introduced on May 16, 2017, Democrats included legalizing, regulating and taxing recreational marijuana. According to the Marijuana Policy Project, the proposal would allow adults 21 and older to buy marijuana from dispensaries.
On May 10, 2017, California Assemblyman Jim Wood, D-Healdsburg, announced that California Gov. Jerry Brown will allot $1.5 million from California’s state budget to cover an Emerald Triangle cannabis cleanup of illegal grow sites in Humboldt, Trinity and Mendocino Counties.
On Sunday, the state’s auditor general said marijuana legalization could save the state millions of dollars. But Wolf isn’t on board – yet.
On Jan. 17, 2017, Colorado Gov. John Hickenlooper announced a plan to raise the sales tax on marijuana from 10% to 12% in order to cover a $135.1 million budgetary shortfall.
DENVER, Jan. 17, 2017 /Weed Wire/ — The Office of State Planning and Budgeting (OSPB) today submitted budget amendments to the Joint Budget Committee that apply to the FY 2017-18 budget request.
On Oct. 7, 2016, the Louisiana State University Agricultural Center announced that it will hold a public forum on Oct. 28 to discuss Louisiana’s medical marijuana program as it concerns the LSU AgCenter.
CHARLESTON, W.VA., Aug. 18, 2016 /Weed Wire/ — Legislation has been introduced in West Virginia for years to either legalize medical marijuana or reduce the criminal penalties for marijuana possession. What would it mean to the state if it were to modernize its marijuana laws?
On May 12, 2016, during the opening of Jamaica’s 2016/17 Budget Debate in Parliament, Finance Minister Audley Shaw announced that Jamaica will move forward in creating a medical marijuana industry that can boost the country’s economy.
This year, 2016, will be the first full fiscal year in which California will spend money on regulating the industry.
Democratic Rep. Melissa Sargent introduced a new bill this week that would put Wisconsin alongside Alaska, Colorado, Oregon, and Washington as a state that has legalized adult-use marijuana.
As Alaska proceeds through the regulatory phase of legalization, one of the questions that needs to be answered is who exactly should be responsible for making and enforcing rules for the marijuana industry.