New marijuana group, including tobacco and alcohol firms, pushes for reform
The major stakeholders pushing Congress to enact sweeping federal marijuana reform just got bigger with the formation of a new band of businesses and industry experts who believe legalization is a foregone conclusion and that the real prize will be shaping a nationwide MJ regulatory framework.
Garland’s confirmation as AG could change feds’ marijuana views
President Joe Biden’s pick for U.S. attorney general, Merrick Garland, was confirmed easily by a 70-30 vote in the Senate on Wednesday, a development that was cautiously hailed by two marijuana advocacy groups.
Washington DC could see long-delayed start to recreational cannabis sales, new medical opportunities
Washington DC’s long-stalled recreational cannabis market could get a new lease on life now that Democrats control both chambers of Congress, a development that could generate more than $200 million in annual sales for local marijuana retailers in a few years.
Marijuana grow facility designer Urban-Gro goes public on Nasdaq
Marijuana cultivation facility design and engineering firm Urban-Gro priced an initial public offering on the Nasdaq exchange to raise $54 million before expenses.