A U.S. House panel briefly debated — but did not vote on — an amendment to give marijuana businesses greater access to banks late on Thursday night. Under current federal prohibition laws, many financial services providers are reluctant to work with cannabis businesses for fear of being prosecuted for money laundering. As a result, many state-legal marijuana growers and sellers operate on a cash-only basis, which makes them targets for robberies.
Nevada moved Thursday to reduce supply problems at recreational marijuana stores that have faced overwhelming demand for newly legal pot and the possibility of their shelves going empty.
Regulators approved emergency rules that would speed up licensing for pot distributors, a sticking point that launched a legal battle and threatened the flow of supplies after dozens of retailers started selling recreational marijuana on July 1.
The history of cannabis in Canada has been a tumultuous journey. We're taking a closer look at the complex road from prohibition to legalization.
The post The History of Cannabis in Canada appeared first on Leafly.
Nevada’s marijuana regulators are working furiously to launch recreational sales on July 1, a fast-approaching deadline that could hinge on a court deciding whether the powerful liquor industry should be guaranteed a piece of the pot pie before tourists and residents can light up.
The November 2016 passing of Proposition 64, the Adult Use of Marijuana act, brought legal recreational weed-use to California for the first time––making the Golden State one of only eight states to honor such a freedom. Here's what you need to know. (From Kindland)
New Zealand has taken the first step towards legalizing both medical and recreational cannabis.
Peter Dunne, Associate Health Minister and a consistent critic of cannabis, has announced a change in drug policy that could pave the way for legalization.
Conservative foreign affairs critic Peter Kent says the government should pull out instead of violating the letter of the treaties.
Nevada’s idea of using its medical marijuana market to temporarily aid to the need of the recreational sector is set to launch sometime within the next month. Taken from a report from the Las Vegas Sun, there are more than 140 applicants vying to become the first to sell weed in a manner similar to beer.
WeedMD Inc. (WMD.V) has officially begun registering patients and fulfilling orders through its online store. The WeedMD team has passionately worked towards this goal for the past three years, and looks forward to meeting the rapidly growing demand for medical cannabis.
Pointing out the success of legalization in states like Colorado, O’Neill said that doing the same in Ohio could generate hundreds of millions of dollars to combat drug abuse and restore mental health services. As many will remember, voters in Ohio had a chance to legalize marijuana possession, sales and home growing for adult use in 2015 – a chance they soundly rejected by almost 30 percentage points.
Forgot the corrections and the politics. It’s all noise compared to simplest, most profitable, and absolutely inevitable trend which will drive marijuana growth for years.
Two weeks ago, the government of Argentina gained final legislative approval of a bill allowing for the medicinal use of cannabis oil. This legislation also permits cannabis to be grown for both research and therapeutic purposes. The unanimously approved bill helps to establish a means for scientific exploration of the effectiveness of marijuana to treat numerous diseases, as well as a way for Argentina to provide medical cannabis to patients free of charge.
MJIC Inc. has added five new companies to the U.S. Marijuana Index as a result of its quarterly rebalancing.
The post Here Are The 5 Stocks Added To The U.S. Marijuana Index appeared first on Marijuana Industry News.
MJIC Inc. has added five new companies to the U.S. Marijuana Index as a result of its quarterly rebalancing.
The post Here Are The 5 Stocks Added To The U.S. Marijuana Index appeared first on Marijuana Industry News.
Two weeks ago, the government of Argentina gained final legislative approval of a bill allowing for the medicinal use of cannabis oil. This legislation also permits cannabis to be grown for both research and therapeutic purposes. The unanimously approved bill helps to establish a means for scientific exploration of the effectiveness of marijuana to treat numerous diseases, as well as a way for Argentina to provide medical cannabis to patients free of charge.
