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Inside the murky $200M effort to kickstart NY Marijuana Industry

Inside the murky $200M effort to kickstart NY Marijuana Industry

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Cannabis NewsDecember 2, 2022

Smoke and mirrors: Inside the murky $200M effort to kickstart NY’s marijuana industry. New York’s equity-focused rollout of its legal marijuana market relies heavily on a $200 million fund to support the state’s first retailers. Yet the team picked to raise and manage that money – an NBA Hall of

Marijuana Politics Marijuana Business News

10 years of recreational Cannabis Research: What we know and what’s still to learn

10 years of recreational Cannabis Research: What we know and what’s still to learn

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Cannabis NewsNovember 30, 2022

Recreational cannabis in Colorado turned 10 in November. Researchers have been studying its impact on health, public safety and the economy, but there’s still so much more to learn. In some ways, the cart came before the horse, as in legalization came well before the research. On Colorado Matters

Medical Cannabis News Marijuana Politics

As its neighbours seek legalisation, Poland’s Medical Cannabis & Hemp Industry could also flourish next year

As its neighbours seek legalisation, Poland’s Medical Cannabis & Hemp Industry could also flourish next year

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Cannabis NewsNovember 29, 2022

Earlier this month Czechia’s drug commissioner Jindřich Vobořil announced his intention to submit draft legislation for an adult-use cannabis market by the end of the year, hoping a fully fledged market could be launched by 2024. The news has not only cemented Czechia as one of the most exciting

Marijuana Politics Marijuana Business News

Will New York be able to control its underground market?

Will New York be able to control its underground market?

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Cannabis NewsNovember 28, 2022

There’s intense competition from all corners, particularly gray market dealers who are connected to and supplied by California cannabis sources. With the recent issuance of the first-ever recreational marijuana retail permits in New York — and the launch of adult-use sales inching ever closer — a

Marijuana Politics Cannabis Jobs

There is still too much we don't know about Cannabis

There is still too much we don't know about Cannabis

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Cannabis NewsNovember 25, 2022

Study found a stunning 75 per cent of the marijuana ­smokers had emphysema, compared to 67 per cent of the cigarette smokers and just five per cent of the non-smokers. When the Cannabis Act was passed in 2018, a requirement was included that three years after implementation, a formal review should

Cannabis Technology News Marijuana Politics

We need simpler, smarter Cannabis law and regulation

We need simpler, smarter Cannabis law and regulation

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Cannabis NewsNovember 25, 2022

The federal government adopted a full-on nanny-state approach to cannabis regulation. Recreational cannabis became a legal industry in Canada in 2018. The regulatory framework that was adopted was cobbled together quickly with no consultation on the actual regulatory text. The result is regulation

Marijuana Politics Cannabis Jobs

 Landmark bill reaches  President's desk

 Landmark bill reaches  President's desk

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Cannabis NewsNovember 23, 2022

For the first time ever, a standalone marijuana reform bill has been sent to the president’s desk for signature. The U.S. Senate on Nov. 16 passed HR21-8454, the Medical Marijuana and Cannabidiol Research Expansion Act, and sent the bill to President Joe Biden. The bill “would eliminate the red tape

Recreational Marijuana News Marijuana Politics

Biden’s marijuana pardons are a seismic shift

Biden’s marijuana pardons are a seismic shift

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Cannabis NewsNovember 23, 2022

Fulfilling a high-profile campaign pledge, President Joe Biden recently announced that his office will be issuing pardons to several thousand Americans with federal convictions for marijuana possession offenses. “There are thousands of people who have prior federal convictions for marijuana

Recreational Marijuana News Marijuana Politics

Pot politics? Majority leaders blocking majority support over Medical Marijuana in Kentucky

Pot politics? Majority leaders blocking majority support over Medical Marijuana in Kentucky

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Cannabis NewsNovember 23, 2022

Despite the overwhelming vote of approval, leadership in the state Senate is balking at the whole idea. That’s the percentage of Kentuckians surveyed online who support legalizing medical marijuana in the commonwealth, according to Gov. Andy Beshear’s Medical Cannabis Advisory Committee. Despite the

Marijuana Politics

BREAKING: Colombia Senate approves Marijuana legalization bill

BREAKING: Colombia Senate approves Marijuana legalization bill

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Cannabis NewsNovember 23, 2022

A bill to legalize cannabis in Colombia has been approved in a Senate committee for the first time, after advancing in the Chamber of Representatives. (Benzinga) The initiative passed its third debate with 11 votes in favor and 4 against. "Now the bill will go to the plenary session of the Senate,"

Marijuana Politics

Will Abbott legalize marijuana in Texas?

Will Abbott legalize marijuana in Texas?

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Cannabis NewsNovember 22, 2022

A Dallas Morning News-University of Texas at Tyler poll found that 60% of Texans support the legalization of marijuana for recreational use. This included 75% of Democrat voters and 42% of Republican voters. Support was even stronger when people were asked about using marijuana for medical purposes

Marijuana Politics

Oregon’s governor pardons thousands for Cannabis convictions

Oregon’s governor pardons thousands for Cannabis convictions

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Cannabis NewsNovember 22, 2022

Oregon Gov. Kate Brown announced Monday she is pardoning an estimated 45,000 people convicted of simple possession of cannabis, a month after President Joe Biden did the same under federal law. “No one deserves to be forever saddled with the impacts of a conviction for simple possession of marijuana

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OBP

Medical Marijuana research bill in Biden’s hands

Medical Marijuana research bill in Biden’s hands

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Cannabis NewsNovember 21, 2022

A bill to expand research into medicines derived from the cannabis plant has passed muster in Congress. The Medical Marijuana and Cannabidiol Research Expansion Act seeks to streamline the application process for scientific marijuana studies; plus remove existing barriers for researchers that hamper

Cannabis Technology News Marijuana Politics

As legal weed comes to Missouri, lawsuits still pending over Medical Marijuana program

As legal weed comes to Missouri, lawsuits still pending over Medical Marijuana program

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Cannabis NewsNovember 21, 2022

JEFFERSON CITY - At the same time Missouri regulators are working to launch a recreational marijuana program, hundreds of lawsuits tied to the 2019 rollout of medical cannabis remain in legal limbo. Of the more than 880 lawsuits from companies that failed to get a limited number of licenses to grow

Marijuana Politics

Republicans push back against Beshear's Medical Cannabis order

Republicans push back against Beshear's Medical Cannabis order

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Cannabis NewsNovember 17, 2022

LOUISVILLE - Rep. Jason Nemes and other Republicans have pushed back against Gov. Andy Beshear’s executive order allowing the possession of medical cannabis under certain conditions. Nemes has led the effort in the General Assembly to legalize medical marijuana and while a bill passed the House with

Marijuana Politics

Cannabis measures that passed during the U.S. midterms and didn’t necessarily get noticed

Cannabis measures that passed during the U.S. midterms and didn’t necessarily get noticed

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Cannabis NewsNovember 16, 2022

There were several important, albeit lesser known, ballot measures that passed and that each help to end the prohibition and criminalization of cannabis in the U.S. The 2022 midterm elections in the U.S. were historical and surprising for many on several fronts. In addition to the unexpected Senate

Marijuana Politics

Biden pardons simple Marijuana possession

Biden pardons simple Marijuana possession

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Cannabis NewsNovember 16, 2022

WASHINGTON - On Thursday, October 6, U.S. President Joe Biden issued a pardon for federal-level convictions of simple marijuana possession. He also began a review of how the drug is classified. The pardon arrived about a month away from the midterm elections, a critical election that decided

Marijuana Politics

Canadian woman unable to cross the border for rolling a joint 40 years ago

Canadian woman unable to cross the border for rolling a joint 40 years ago

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Cannabis NewsNovember 14, 2022

'My own country had pardoned me but that didn’t matter. They told the federal government of the United States of America not to forget' Robyn Jones* was 17 years old when she was charged with a cannabis offence that would follow her for the rest of her life. In 1981, Jones was sitting at a picnic

Marijuana Politics

Local medical Marijuana suppliers react to IM 27 failing

Local medical Marijuana suppliers react to IM 27 failing

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Cannabis NewsNovember 14, 2022

VERMILLION - South Dakota’s Initiated Measure (IM) 27 would have legalized recreational marijuana for people 21 and older, but South Dakotans voted against the measure in the November election. Local medical marijuana suppliers said recreational marijuana is beneficial and the latest election

Marijuana Politics

No Pennies-on-Dollar tax settlements for the Cannabis Industry

No Pennies-on-Dollar tax settlements for the Cannabis Industry

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Cannabis NewsNovember 14, 2022

Section 280 takes the profit out of the cannabis business by disallowing “deductions” and creating huge income tax liabilities. But if 280E tax debt isn’t also forgiven, the current cannabis industry won’t survive against newcomers, says Greenspoon Marder’s Nicholas J. Richards. Recent downturns in

Marijuana Politics


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