A bipartisan coalition of business and advocacy groups, including the powerful billionaire Koch family, issued a white paper this week with recommendations for federally legalizing marijuana like alcohol or tobacco.
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US senator seeks $4 million to combat illegal cannabis activities in Oklahoma
A U.S. Senator from Oklahoma requested $4 million in federal funds to help the state fight illegal cannabis operations.
State offer spurs medical marijuana enrollment in West Virginia
The number of registered medical marijuana patients in West Virginia has exceeded 2,300 as the state girds for a market launch later this year. State officials said 2,305 residents took advantage of an offer by a June 30 deadline to receive a three-year MMJ card, an...
10 US marijuana CEOs get million-dollar pay in 2020 as disclosure practices questioned
The top executives at the largest U.S. marijuana multistate operators received roughly $500,000 to $1 million in salary and bonuses in fiscal 2020, with stock and option awards boosting total compensation packages to as much as $4.5 million, according to regulatory filings.
Marijuana legalization outlook: Rhode Island Senate to vote, CT passes adult use & MT challenge ended
The Rhode Island Senate is scheduled to vote this week on one of three adult-use marijuana legalization bills under consideration.
Connecticut lawmakers pass recreational marijuana legalization bill, send to governor
Connecticut lawmakers on Thursday approved a social equity-focused, recreational marijuana market that is expected to generate more than $700 million in sales within a few years, becoming the fourth state legislature to approve adult-use cannabis in 2021.
Connecticut nears adult-use marijuana legalization as House passes bill
Connecticut moved closer to legalizing a social equity-focused adult-use marijuana market after the state House of Representatives passed a bill in a special session Wednesday night.
Cannabis tech platform Weedmaps joins Nasdaq with $579 million infusion
Cannabis advertising platform Weedmaps started trading on the Nasdaq on Wednesday in the wake of the completion of its merger with special purpose acquisition company Silver Spike Acquisition Corp.
Unhappy with recreational cannabis bill, Connecticut governor threatens veto
Connecticut Gov. Ned Lamont has been pushing for recreational cannabis to be legalized in his state, but in a turn of events, he is threatening to veto a measure he says doesn’t adequately address equity issues. The comments from the governor’s office came as the...
Proposed bill would decriminalize all drugs federally, not just marijuana
Two members of the U.S. House of Representatives on Tuesday unveiled a measure to end criminal penalties at the federal level for the possession of all drugs, including marijuana. The Drug Policy Reform Act, which is expected to be formally...
Marijuana legalization outlook: Connecticut to weigh adult use in special session as RI bill stalls
Connecticut lawmakers will tackle adult-use marijuana legalization in a special session scheduled to start this week after a state House vote was postponed during the regular session that ended June 9.
Groups drop lawsuit challenging Montana adult-use marijuana measure
A legal challenge to voter-approved adult-use marijuana legalization in Montana has been dropped in the wake of the state Legislature weakening the measure.
