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.
Tag Archives: Legalization
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.
Three Canadian medical cannabis companies, which have been expanding their growth operations like crazy over the past couple of quarters, could be in line for significant sales growth if Trudeau’s legislation passes.
In honor of 4/20, The Daily Show host, Trevor Noah, breaks down how Attorney General Jeff Sessions is ramping up enforcement of marijuana laws and makes the case that President Trump is always high.
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, supporters of legalization took to the United States Capitol in Washington, D.C., to advocate for marijuana reform by hosting a congressional joint giveaway, but the demonstration didn’t last long.
A new report published in Health Affairs found that if all states had legalized medical marijuana in 2014, Medicaid could have saved $1 billion in spending on prescriptions.
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?
Coinciding with the national marijuana holiday of 4/20, a notorious marijuana prohibitionist blasted efforts to legalize marijuana nationwide while speaking at a drug abuse summit in Atlanta, Georgia.
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.
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.
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.
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.
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.
Over the Easter weekend the internet was abuzz with the news that, seemingly out of nowhere, the state of Texas had legalized recreational marijuana. But did it really? The answer, as it turns out, is a resounding no.
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.
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, 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.
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.
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.
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.
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.
The 2016 General Social Survey revealed an increase in public support for marijuana legalization, according to a March 29, 2017, article on the Washington Post’s Wonkblog. The survey, which is conducted every two years, showed 57 percent of Americans supported marijuana legalization in 2016, up from 52 percent in 2014.
Hoping to help fight the proliferation of black market cannabis, two Nevada state lawmakers have introduced legislation that would give an early start to recreational cannabis sales.
Stephen Colbert takes on Attorney General Jeff Sessions and his strong stance on marijuana on The Late Show with Stephen Colbert.
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.
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.
On March 22, 2017, the Vermont House Judiciary Committee voted 8-3 to advance H. 170, a bill that would legalize the use of recreational marijuana in the state.
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.
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.
On March 17, 2017, Connecticut Sen. Ed Gomes announced that he is hosting a panel discussion on March 27 in Bridgeport to discuss recreational marijuana legalization in Connecticut.
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.
Cut Video had a priest, a rabbi, and an atheist smoke weed together.
The issue of whether or not to tax and regulate marijuana like alcohol in Rhode Island is gaining additional detractors — and continued staunch supporters.
As investors flock to Canada’s burgeoning marijuana sector, Prime Minister Justin Trudeau’s government is signaling recreational pot sales aren’t imminent.
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.
On Feb. 27, 2017, the Utah Senate Health and Human Services Committee voted unanimously to approve SB211, a bill that would establish regulations for a state-run medical marijuana program.
On Feb. 28, 2017, during the National Association of Attorneys General Winter Meeting, Attorney General Jeff Sessions addressed marijuana legalization.
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.
White House Press Secretary Sean Spicer on Thursday made comments about marijuana that both ignited concern in some and sparked hope in others within the state of California.
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.
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 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.
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.
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.
An EPIC-MRA poll released Friday indicated the majority of voters living in the state would approve a law allowing adult use of the plant.
A pair of bills dealing with medical marijuana will come up before the Senate Judiciary Committee Tuesday morning in Pierre.
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.