Marijuana Politics

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Tue
23
Jul

‘Historic’ U.S. Senate hearing on banking for legal cannabis businessess set for today

The House Financial Services Committee already has passed legislation to allow federally regulated banks to offer credit cards, savings accounts and other financial services to legal marijuana businesses.

Now the Senate Banking Committee is taking up the issue.

Tue
23
Jul

Marijuana in California is changing quickly

California is widely regarded as the largest marijuana market in the world. With so many marijuana stocks to buy coming out of the singular market, California seems to be the hotbed for cannabis sales in the U.S. and abroad. Although the industry is one of the largest, this does not mean it’s immune to the issues of marijuana stocks. Many companies have seen oversupply problems as well as issues with the black market.

Tue
23
Jul

Virginia announces new policy allowing the production of hemp extracts

Under a new policy announced by the Northam Administration, the Commonwealth of Virginia will soon officially authorize hemp processors to produce hemp extracts for human consumption.

For months, Virginia hemp farmers and processors have been operating under a cloud of regulatory uncertainty despite the enactment of legislation last March authorizing commercial hemp production, including extracts, in Virginia.

Tue
23
Jul

Low-level marijuana offenders eligible for pardons in North Dakota

State officials have approved procedures permitting those with low-level marijuana possession convictions to seek unconditional pardons.

Republican Gov. Doug Burgum, who backed the plan, said, “By destigmatizing these minor, and in many cases, distant offenses, we can give individuals a second chance at a successful, healthy, productive life.”

Tue
23
Jul

Thai Lawmakers reportedly pushing for medical marijuana research

In Thailand, there is a long cultural tradition of using cannabis for medicinal and therapeutic purposes. Like many of its neighboring countries in Southeast Asia, however, Thailand has historically imposed harsh anti-drug laws that strongly penalize cannabis cultivation and use. But late last year, the nation of nearly 70 million people became the first in the region to legalize medical cannabis.

Tue
23
Jul

Canada: Everything you need to know about marijuana legalization 2.0

Last year, Wall Street and investors witnessed history being made many times over. In the U.S., we observed additional states legalize medical marijuana, pushing the total number of states to have given the green light to cannabis in some capacity to 33, and saw the Food and Drug Administration approve the very first cannabis-derived drug. Meanwhile, Canada became the first industrialized country in the world to approve the sale of recreational weed in October.

Tue
23
Jul

Medical marijuana or your guns: Missourians may have to choose

Voters in Missouri made medical marijuana legal, but many people in the state soon will have to decide between a medical marijuana card or their guns

That's because federal law doesn't permit legal gun ownership for medical marijuana users.

"All the time, people come in wondering what happens to their guns if they get a medical marijuana card," said Forest Palmer with Hemp Haven in Lee's Summit, one of many CBD stores ready to make the transition to providing medical marijuana.

Tue
23
Jul

Why marijuana’s illegal classification is based on politics, not science

When it comes to cannabis reform, lawmakers across the country will often point to lack of empirical research as a reason not to legalize or decriminalize the drug. But that doesn’t necessarily mean marijuana laws are based on science, at least according to a report from the Global Commission on Drug Policy.

Tue
23
Jul

Israeli medical cannabis exports delayed by internal politics

When the Israeli government approved an innovative new program to export medical cannabis from the Jewish State to the thriving international market, a lot of people were excited about the potential revenue prospects.

Unfortunately, internal squabbles between ministries in Israel has delayed the medical cannabis export initiative, to the chagrin of many. The disagreement is between the Israeli ministries of health and finance regarding who will control the pricing of the medical cannabis exports.

Mon
22
Jul

American companies not prepared for marijuana legalization

Marijuana legalization is not a new idea. For the past two decades, states have been chiseling away at pot reform in the United States, first passing voter initiatives to legalize for medicinal use and then finally, just about five years ago, pulling the trigger on the recreational front. Now, well over half the country has legalized the leaf in some form or fashion. Sure, some of these laws are as good as a three-legged horse and in desperate need of being put down. But no matter how flimsy they might be, it still proves the nation is perfectly capable of rising above the drug war mentality. 

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