DENVER, June 23, 2017 /Weed Wire/ — The Cannabis Business Alliance (CBA) has released a statement in response to a recent insurance study by the Highway Loss Data Institute (HLDI) linking the legalization of recreational marijuana with an increase in car crashes reported to insurers.
Tag Archives: Recreational
New Nevada marijuana laws will likely turn the state known for the partying in Las Vegas, into a cannabis destination, as well.
OTTAWA, Ont., June 23, 2017 /Weed Wire/ — I welcome the publication of the “Lower-Risk Cannabis Use Guidelines” today in the American Journal of Public Health. The Canadian Institutes of Health Research supported the development of these Guidelines through funding provided to the Canadian Research Initiative in Substance Misuse.
Vermont will have to wait another year until recreational marijuana is legalized. During a special veto session, which took place on June 21, 2017, the Vermont House of Representatives voted to block consideration of a bill that would legalize recreational marijuana.
On June 21, 2017, the Massachusetts House of Representatives voted overwhelmingly to approve a bill that would impose a major overhaul of the state’s recreational marijuana laws.
A new study finds an increase in accident insurance claims in three marijuana states that have approved the sale of cannabis for recreational use.
Canada’s recreational cannabis legalization is planned for a rollout in July 2018, but provinces and territories are in charge of drafting and establishing jurisdiction-specific rules, so they’ve been working hard to create rules that fall within the country’s legalization framework.
FREDERICTON, N.B., June 21, 2017 /Weed Wire/ – A proposed provincial model for the legalization of recreational cannabis was outlined today in an interim report released by a government working group.
A judge has extended a temporary order that prevents the state from issuing distribution licenses to existing medical marijuana dispensaries so they can begin recreational sales July 1.
Democratic lawmakers in the Garden State are making moves on a New Jersey recreational marijuana bill. On June 19, 2017, the state Senate Judiciary Committee held a formal hearing on S-3195, a bill that would legalize, tax and regulate recreational marijuana in the state.
On June 16, 2017, the Massachusetts Senate introduced an outline to a bill that preserves the current tax rate on retail marijuana sales. The proposal is in stark contrast to the measure put forth by the Massachusetts House of Representatives.
Vermont just might get another chance at legalizing recreational marijuana. According to the Associated Press, Vermont Gov. Phil Scott has said that he still thinks it’s possible to reach a legalization deal before the legislature meets for a special two-day veto session.
ATLANTA, June 15, 2017 /Weed Wire/ — BLACK Marijuana Magazine is pleased to announce the inaugural launch of its new magazine on Wednesday, June 14, 2017. We invite all African American recreational cannabis consumers to subscribe at www.blackmjmagazine.com.
A vote in the Massachusetts House of Representatives to alter the state’s recreational marijuana laws has been delayed due to concerns from members of the Democratic caucus.
The state has recreational marijuana is tested, but in Colorado medical marijuana isn’t held to the same standard.
Lawmakers reviewing the Massachusetts’ recreational marijuana law plan to recommend sharply higher taxes and more control for city and town officials over retail pot shops in their communities, according to a copy of a House proposal obtained Tuesday by The Associated Press.
Canadian cannabis decriminalization has earned the support of Toronto’s Board of Health. On June 12, 2017, the board voted unanimously to request that the Government of Canada immediately decriminalize the possession of cannabis for personal use.
Advocates for the legalization of marijuana were at the state Capitol on Monday to plead with state lawmakers not to let their hopes for the creation of a recreational market go up in smoke for yet another year.
As the Golden State prepares to roll out new medical and recreational regulations on Jan. 1, 2018, a recent California cannabis study has estimated that all of that preparation will result in a $5 billion windfall for the state’s legal market.
In 2016, more than 750,000 people in the state of California were registered medical marijuana users, making up nearly 2 percent of the state’s population. So what will change for the medical industry since the legalization of marijuana? Prices.
In the span of two days, the City of Los Angeles has taken three important steps toward regulating its legal cannabis market—issuing a cannabis dispensary map, draft commercial cannabis regulations and a proposed zoning ordinance.
LOS ANGELES, June 7, 2017 /Weed Wire/ — With legal recreational marijuana coming to California in January 2018, Los Angeles City Controller Ron Galperin released a map showing the status of medical marijuana dispensaries in the City, along with suggestions on how to better ensure that the businesses pay taxes and comply with local regulations intended to protect residents and customers.
Kevin Hart had the once in a lifetime opportunity to smoke with Snoop Dogg, in that it felt like it lasted for a lifetime.
On June 6, 2017, a Los Angeles County cannabis ban was extended after a unanimous vote by the Los Angeles County Board of Supervisors. The regulations call for a ban on commercial cannabis businesses in unincorporated areas and also include new rules for personal cultivation.
Canadian marijuana stocks have been on a punishing slide for three straight months despite a temporary blip of investor fever in April that sent share prices soaring to record highs as Ottawa tabled legislation to legalize pot.
In an attempt to gain a foothold in Massachusetts’ burgeoning recreational marijuana industry, the tobacco industry wants marijuana producers to distribute their products through its members.
Days after failing twice amid a bitter tug-of-war between lawmakers, Nevada’s special sales tax on marijuana sales was revived and sent to the governor’s desk on the final day of the Legislature.
On June 2, 2017, Alberta, one of Canada’s western provinces, announced that it is seeking input from Albertans on the province’s recreational marijuana rollout.
The North American Marijuana Index, a stock index that tracks the top performing cannabis stocks in the U.S. and Canada, decreased 15% in May as stocks sold off in both markets. This marks the worst performing month for the North American Marijuana Index since December 2015.
The early sale of recreational marijuana in the state of Nevada is in danger of being delayed. On May 30, 2017, a Nevada district court judge issued a temporary restraining order that prevents the Department of Taxation from issuing marijuana distribution licenses.
As public support for legalization rises, policymakers are left to figure out the proper way to handle marijuana taxes if their state follows the trend.
Cities and states with legal pot are trying to make up for the toll marijuana enforcement took on minorities by letting them join the marijuana industry.
OLYMPIA, Wash., May 31, 2017 /Weed Wire/ — The Washington State Liquor and Cannabis Board (WSLCB) today announced its selection of technology company Franwell as the Apparent Successful Vendor (ASV) to replace the existing seed-to-sale traceability system in Washington State.
With Wednesday, May 31, 2017, being the last day to submit recreational marijuana license applications for Nevada’s early-start program, the state has already started adding up the number of applications it has received.
Israel’s cannabis decriminalization policy, approved by the government in March, officially came into effect Sunday, commencing a new legal approach towards the recreational use of marijuana in the country.
On May 25, 2017, the Maine Senate voted unanimously to approve LD 243, a measure that would fund legalization implementation for the state’s recreational marijuana market.
Recreational marijuana has been legal in Oregon for two years now and some winemakers in one of the most fertile growing regions for both grapes and pot are branching out into marijuana as a new business venture
On May 23, 2017, the Oregon Employment Department’s Workforce and Economic Research Division released the most recent results of its marijuana employment tracking, identifying rapid growth in the recreational sector.
On May 24, 2017, Vermont Gov. Phil Scott vetoed recreational marijuana legalization. Scott announced his decision during a press conference, citing concerns over health and public safety as his main reasons for vetoing S. 22, the legalization legislation that had been approved by the state legislature.
Prime Minister Justin Trudeau promised marijuana legalization in his 2015 campaign, and he’s making good on that promise. However, Canadian executives, aren’t happy.
All three of the California agencies charged with implementation of the Medical Cannabis Regulation and Safety Act released their initial draft of new cannabis rules on April 28, 2017. This long-awaited event puts some meat on the ‘til-now skeletal ideas of what is going to happen in California as the expansion of the state-legal cannabis industry into adult recreational use moves forward.
On May 18, 2017, the Alaska Police Standards Council announced that state and local law enforcement officers are not allowed to participate in the Alaskan marijuana industry, stating that it is “incompatible with the law enforcement profession.”
A South Dakota marijuana legalization petition has been approved by Attorney General Marty Jackley. On May 17, 2017, Jackley issued an Attorney General Explanation for the legalization initiative that aims to legalize all quantities of marijuana and have the South Dakota Department of Agriculture establish a regulatory system for recreational marijuana.
The questions surrounding marijuana legalization have pushed many to wonder about the possibility of a marijuana stock bubble. And for good reason.
Washington Governor Jay Inslee on Tuesday signed a bill that paves the way for the state to create what is believed to be the first system in the United States to certify marijuana as organic.
Countries around the globe are embracing legal medicinal or recreational cannabis, and the industry is reacting accordingly.
PIERRE, S.D., May 17, 2017 /Weed Wire/ — South Dakota Attorney General Marty Jackley announced today an Attorney General Explanation for a proposed initiated measure has been filed with the Secretary of State.
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.
Sen. Nick Scutari unveiled a 60-page bill to legalize and regulate recreational marijuana use in New Jersey, saying the state spends $127 million a year on enforcement efforts that do not work.