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Licensed Marijuana Cultivators in California Now Eligible for Agricultural Energy Rates
On March 1, 2017, Pacific Gas and Electric Company announced that licensed medical marijuana cultivators are now eligible for PG&E’s agricultural energy rate and recreational cultivators will be eligible once they’ve been licensed under the Adult Use of Marijuana Act.
Marijuana Stocks Trend Down in Light of Trump Administration’s Remarks
While President Donald Trump vowed on his campaign trail to let states decide the fate of marijuana legalization, recent comments by the Trump Administration seem to negate his campaign promise and have created a ripple effect in the public cannabis markets.
Legislation Introduced to Decriminalize Marijuana Federally
On Feb. 27, 2017, Congressman Tom Garrett, R-Va., introduced the “Ending Federal Marijuana Prohibition Act of 2017,” to the House of Representatives. If passed, the bill, H.R. 1227, would decriminalize marijuana federally by removing it from the federal controlled substances list.