With only four months left until full legalization in California, regulations are literally being adopted on the fly.
The state needs to fill out its commissions and offices by hiring up to 82 people.
With only four months left until full legalization in California, regulations are literally being adopted on the fly.
The state needs to fill out its commissions and offices by hiring up to 82 people.
Preclinical stage biopharmaceutical company InMed Pharmaceuticals, Inc. (CSE: IN) (OTCQB: IMLFF) this morning announced its entry into a consulting agreement with Creative Capital Media (“CCM”).
A bill looking to decriminalize marijuana all over the country has recently been introduced in the U.S. Senate, giving fresh hope to legal cannabis businesses that they will be able to expand operations and access federal protections and banking solutions.
The White House struck a chord with the marijuana industry last week when press secretary Sean Spicer said the Department of Justice is likely to enforce federal marijuana laws in states that have legalized recreational pot.
Proponents of legal cannabis celebrated a victory on July 27. By voice vote, the Senate Appropriations Committee approved a budget bill amendment that prevents the federal government from interfering in medical marijuana programs in states where cannabis has been legalized for medical use1.
The election of 2016 will forever mark a historic moment for the cannabis industry, reflecting growing acceptance – and legalization – of cannabis for medical and recreational use.
For the marijuana industry, 2016 was a successful year by any standards, reaching an estimated $7 billion in transactions and bringing the total number of states to legalize marijuana for medical and/or recreational purposes to 28.
Last month, a letter signed by 10 U.S. senators arrived on the desk of Jamal El-Hindi, the acting director of the Financial Crimes Enforcement Network (FinCEN), requesting guidance on how banking services might be offered to “indirect businesses” – such as SinglePoint, Inc. (OTC: SING).
Deciphering marijuana policy under the Trump Administration can be difficult, given differing statements by White House officials.
There are a number of advantages to society and the public safety in regulating marijuana, but economic arguments also favor its legalization.
The cannabis industry is heating up. More than half of the 50 states in the U.S. have now legalized marijuana for medicinal or recreational use, and several countries, including Brazil, Canada, Jamaica, Mexico, Paraguay, Portugal, Uruguay and the Netherlands, have also taken steps to legalize or decriminalize cannabis in the last two years.
Canada-based Algae Dynamics Corp. (OTCQB: ADYNF) is working to exploit a niche market in Canada’s cannabis space as the Canadian government works to implement blanket legalization of marijuana by 2018.
In March, Congress introduced legislation to regulate and tax marijuana, and to remove it from the federal Controlled Substances Act.
This move would be highly beneficial for SinglePoint, Inc. (OTC: SING), a leading mobile technology and payment solutions company that provides ancillary services to the marijuana industry.
A bill looking to decriminalize marijuana all over the country has recently been introduced in the U.S. Senate, giving fresh hope to legal cannabis businesses that they will be able to expand operations and access federal protections and banking solutions.