Tag Archives: Legalization

Hickenlooper Doesn't Foresee Sessions Cracking Down on State-Legal Marijuana

Hickenlooper Doesn’t Foresee Sessions Cracking Down on Legal Marijuana

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

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.

Could Canadian Legalization of Recreational MJ Help US Pot Stocks?

Could Canadian Legalization of Recreational MJ Help US Pot Stocks?

Prime Minister Justin Trudeau recently introduced legislation to legalize use of recreational marijuana in Canada. While legalization should help Canadian marijuana providers, could it also provide a boost to U.S. marijuana stocks?

Poll: US Voters Support Legalization and Oppose Federal Meddling

Poll: US Voters Support Legalization and Oppose Federal Meddling

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.

US Voter Support For Marijuana Hits New High; Quinnipiac University National Poll Finds; 76 Percent Say Their Finances Are Excellent Or Good

HAMDEN, Conn., April 20, 2017 /Weed Wire/ — American voters say 60 – 34 percent “that the use of marijuana should be made legal in the U.S.,” the highest level of support for legalized marijuana in a Quinnipiac University national poll. Republicans and voters over 65 years old are the only listed party, gender, education, age or racial groups to oppose legalized marijuana.

Mountain State Medicine: West Virginia Governor Legalizes Medical Cannabis

Mountain State Medicine: West Virginia Governor Legalizes Medical Cannabis

On April 19, 2017, West Virginia Gov. Jim Justice signed Senate Bill 386, also known as the West Virginia Medical Cannabis Act, legalizing medical cannabis as a treatment option for patients suffering from one of several qualifying conditions.

An Opportunity for Excess Profits in the Marijuana Industry

An Opportunity for Excess Profits in the Canadian Marijuana Industry

There is an opportunity for excess profits in the Canadian marijuana industry as the market is now in a position to expand at a very high rate, as Canadians have received confirmation that the potential legalization will become a reality.

Poll: Majority of Americans Support Medical Marijuana Legalization

Poll: Majority of Americans Support Medical Marijuana Legalization

On April 17, 2017, “Weed & the American Family,” a poll conducted by The Marist College Institute for Public Opinion and Yahoo News, revealed data points on Americans’ perspectives regarding legalization, the evolution of social norms and how marijuana affects relationships.

Aurora Cannabis eyes expansion with legalization on the horizon

Aurora Cannabis Eyes Expansion With Legalization on the Horizon

As Canada heads toward legalization of marijuana, Alberta producer Aurora Cannabis is focused on expansion with ambitions to raise a $160-million “war chest” from investors who are anxious to profit from what is expected to be a multibillion industry.

Cannabis Stocks in Canada Drop on Thursday's Legalization Announcement

Cannabis Stocks in Canada Drop on Thursday’s Legalization Announcement

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.

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Cannabis Canada Association Welcomes Government of Canada’s Proposed Cannabis Act

OTTAWA, Ontario, April 13, 2017 /Weed Wire/ — Cannabis Canada, the leading organization of companies that hold Health Canada licenses to cultivate and sell medical cannabis, welcomes the legislation tabled today by the Government of Canada to legalize, regulate, and restrict access to cannabis.

Canada to Strictly Regulate Adult Use Cannabis

Canada Takes Action to Legalize and Strictly Regulate Cannabis

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.

Marijuana Insiders Cash In Before Canadian Legalization Report

Marijuana Insiders Cash in Before Canadian Legalization Report

Insiders with two of Canada’s largest marijuana companies are cashing in on the industry’s reefer madness before the country introduces its plans for legalized recreational pot.

Legalization Anticipation: Canadian Cannabis Stocks Gain 12.3% on Monday

Legalization Anticipation: Canadian Cannabis Stocks Gain 12.3% on Monday

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.

Marijuana Index Drops 2% as Canadian Stocks Dip With Federal Uncertainty

Marijuana Index Drops 2% as Canadian Stocks Dip With Federal Uncertainty

The North American Marijuana Index, a stock index that tracks the top performing cannabis stocks in the United States and Canada, decreased 2% in March as losses in Canada overtook modest gains in the U.S.

Trudeau to Legalize Marijuana by July 2018, CBC Reports

Trudeau to Legalize Marijuana by July 2018, CBC Reports

Canadian Prime Minister Justin Trudeau’s government will introduce legislation to legalize marijuana by July 1, 2018, according to a report from CBC News, a move that follows through on one of his Liberal Party’s campaign pledges.

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Cannabis Legalization Spawns Diverse Consumer Marketplace

BROOKLYN, N.Y., March 27, 2017 /Weed Wire/ — Tailoring products and services to the different emerging consumer groups and their unique motivations presents a challenge to entrepreneurial cannabis businesses. To help meet this challenge, two marketing veterans are launching RED BOMBr, a strategy consultancy for the cannabis industry, that helps product makers, dispensaries, growers, and investors better understand the opportunities presented by different consumers.

Steans Seeks to Mend Budget Woes by Legalizing Marijuana

CHICAGO, March 23, 2017 /Weed Wire/ — Senator Heather Steans (D-Chicago) seeks to create a new revenue source for the State of Illinois by legalizing and taxing recreational marijuana. Senate Bill 316 legalizes the possession of up to 28 grams of marijuana and will allow facilities to sell marijuana products.

Tennessee Tables Medical Marijuana Bill

Tennessee Tables Medical Marijuana Bill

On March 21, 2017, Rep. Jeremy Faison, the sponsor of a bill that would legalize medical marijuana in Tennessee, announced that he was tabling his bill and turning it over to a legislative task force led by House Speaker Beth Harwell and Lt. Gov. Randy McNally.

Legal Pot Could Steal More Than a Quarter of Beer Drinkers

Legal Pot Could Steal More Than a Quarter of Beer Drinkers

In the latest speculation about the impact of legal marijuana on beer sales, Cannabiz Consumer Group research shows more than a quarter of beer drinkers have switched or would switch to marijuana, causing a major hit to retail sales of beer. Cannabiz estimates retail sales of beer could drop $2 billion annually, or 7.1 percent of existing sales.

Marijuana Legalization in Rhode Island Gaining New Detractors, Supporters

Marijuana Legalization in Rhode Island Gaining New Detractors, Supporters

The issue of whether or not to tax and regulate marijuana like alcohol in Rhode Island is gaining additional detractors — and continued staunch supporters.

Will the Opioid Crisis Derail Canada’s Recreational Cannabis Train?

Will the Opioid Crisis Derail Canada’s Recreational Cannabis Train?

Reports continue to emerge of young teens overdosing and sometimes dying due to the use of drugs containing fentanyl, a potent synthetic opioid. Smoking pot is different than popping pills, but the risk for the government is that the lines might get blurred quite quickly in the eyes of parents who are trying to protect their kids from the current opioid threat.

Cannabis Industry Responses to Trump Administration's Stance on Marijuana

Industry Responses to Trump Administration’s Stance on Cannabis

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.

Science and Medicine of Cannabis: What Role Will FDA Play in Medical Cannabis?

Science and Medicine of Cannabis: What Role Will FDA Play in MMJ?

Stephen Goldner, Senior Forensic Toxicologist at Quantum 9, learned early on how to work with the FDA, having developed the FDA-approved liquid dose form of methadone with his mentor John Broich. Hear Goldner discuss what role the FDA would likely play in life after medical cannabis legalization.

Poll: Support Growing for Legalization in Texas

Poll: Support Growing for Legalization in Texas

On Feb. 21, 2017, the University of Texas, in conjunction with the Texas Tribune, released the results of its February 2017 poll, with the outcomes demonstrating that opposition to legalization is on the decline while support for private use marijuana is on the rise.

Vermont Revisits Recreational Marijuana Legalization

Vermont Revisits Recreational Marijuana Legalization

Vermont lawmakers are taking another crack at legalizing recreational marijuana. Introduced by Reps. Maxine Grad, Charles Conquest and Thomas Burditt, H. 170 would take a more reserved approach to legalization than previous legislative efforts.

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Talib Kweli & The Pharcyde to Headline the 2017 National Cannabis Festival

WASHINGTON, Feb. 13, 2017 /Weed Wire/ — The National Cannabis Festival announced Talib Kweli, The Pharcyde, and Backyard Band as headliners for the second-annual music, art, and advocacy festival celebrating the legalization of cannabis in Washington, DC.

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Parliamentary Secretary Bill Blair Launches Tour to Meet with Canadians to Discuss Cannabis Legalization and Regulation

TORONTO, Ontario, Feb. 16, 2017 /Weed Wire/ — Bill Blair, Parliamentary Secretary to the Minister of Justice and Attorney General of Canada Jody Wilson-Raybould, has started a cross-country tour to discuss the legalization and regulation of cannabis.

Brazilian Supreme Court Justice Calls For Legalization of Marijuana

Brazilian Supreme Court Justice Calls For Legalization of Marijuana

A justice on the Brazilian Supreme Court has called for the legalization of marijuana and even harder drugs as a means to ending violence among drug gangs, according to a Feb. 10, 2017, article from Reuters. The justice, Roberto Barroso, is a constitutional law professor who was educated at Yale University in the United States.


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