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Jeff Smith

Jeff is an award-winning business journalist who has worked as a reporter and editor for daily newspapers in Colorado, Maine, New Mexico and Alabama. He also has worked as a journalist overseas in Asia and West Africa. His stories have appeared in National Geographic online and The New York Times, among other publications.

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 introduced in the next few days, underscores how decriminalization and legalization are advancing at the […]

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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. SAFE Montana and Wrong for Montana voluntarily abandoned their challenge, according to Missoula radio station KGVO. As a result of the legislative action, “it is our belief that the issue raised in […]

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Florida medical marijuana operators in ‘catbird seat’ after state court decision

A recent Florida Supreme Court decision plays into the hands of established medical marijuana multistate operators in the state, although it also could spur additional licenses, investment by others and acquisition activity. What remains to be seen is to what extent the currently concentrated, billion-dollar industry will become more competitive over time. The state Supreme […]

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CA county sues cannabis grower for creating ‘public nuisance’

Santa Barbara County in California filed the jurisdiction’s first nuisance lawsuit against a cannabis company after receiving eight complaints from neighbors about odors from the growing operation. The lawsuit claims that Island View Ranch and Island Breeze Farms created a “continuing public nuisance” since at least March 2019 and should be shuttered, according to the […]

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Connecticut pushes recreational marijuana legalization to special session

The Connecticut House of Representatives postponed a vote on legalizing recreational marijuana and instead will consider the issue in a special session before the end of the month, a top lawmaker said. The announcement by House Speaker Matt Ritter came as the legislative session was scheduled to adjourn later Wednesday and followed the likelihood of […]

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Marijuana MSO Vireo Health takes new name, moves into psychedelics

Minneapolis-based multistate marijuana operator Vireo Health made two strategic moves Tuesday, announcing a name change to Goodness Growth Holdings and an expansion into psychedelics. Vireo will remain the flagship brand of the company’s medical products, according to a news release timed with the firm’s Investor Day events. Some analysts see the modest-sized MSO as a […]

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Texas medical marijuana operator raises $21 million in equity funding

Austin-based Texas Original Compassionate Cultivation secured $21 million in funding to boost medical marijuana production and delivery. The funding comes on the heels of state lawmakers passing a measure that expands the state’s MMJ program by modestly raising the THC limit to 1% by weight and adding cancer and post-traumatic stress disorder (PTSD) to the […]

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Marijuana legalization efforts get boost from billions in MJ tax dollars

Adult-use marijuana programs are generating billions of dollars in tax revenues for state governments each year – bolstering the economic and equity case for legalization in other markets across the country as well as at the federal level. The economic argument might particularly resonate among reluctant Republican lawmakers on Capitol Hill, experts say. States with […]

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Mississippi Senate weighs in on medical cannabis legalization

Mississippi’s state Senate held a public hearing on potential medical cannabis legalization Thursday, less than a month after the state’s highest court voided a voter-approved initiative. The tenor of the discussion, however, indicated that lawmakers aren’t close to an agreement on what a medical marijuana program should look like, the Clarion Ledger in Jackson reported. […]

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