After months of delay, those with past marijuana offenses are again close to having their convictions cleared.
The latest expungement bill, A5981, will go before both houses for of the Legislature for a vote Monday, as the state Assembly Appropriates Committee cleared the bill on Thursday. If passed, Gov. Phil Murphy would need to sign the bill for it to become law.
Due mainly to legal reforms at the state level, 2019 legal cannabis sales are expected to generate over $10 billion in revenue. Products ranging from buds, oils, and tinctures are increasingly being used medicinally to treat chronic pain, cancer, terminal illness, and some stress-related mental disorders. Recreational use is becoming legal in a growing number of states.
Bankruptcy and the CSA
The Colorado Department of Agriculture (CDA) has approved four new industrial hemp seed varieties, bringing the total number of approved industrial hemp seed varieties in Colorado to 17.
Following a year-long, statewide THC validation and observation trial period, the newly approved industrial hemp seeds are now eligible to be grown by members of the Colorado Seed Growers Association (CSGA) for production of CDA Approved Certified Seed.
High Green News is coming at you from MJBizCon day two with another daily high five. The Thursday expo floor saw an impressive number of attendees, and we are here to share some of the booths you won’t want to miss on day three.
The highly anticipated MJBizCon is back once again at the Las Vegas Convention Center from Wednesday, December 11 to Friday, December 13. With 1,300 + exhibitors and 35,000 attendees, it is the largest gathering of cannabis business professionals in the world. This globally recognized B2B event is proving to be a success once again with the outstanding program of featured speakers and events that benefit every sector in the industry.
This year has been momentous for cannabis reform, from the Illinois General Assembly becoming the first state legislature to pass a bill to regulate cannabis like alcohol to the U.S. House of Representatives passing the SAFE Banking Act and forging ahead with the MORE Act.
It’s important to celebrate these victories, but with the end of 2019 comes the beginning of 2020, which is already shaping up to be the biggest year ever for marijuana-policy reform.
Florida's Supreme Court is considering an appeals court decision that would increase access to licenses for medical marijuana dispensaries in the state.
The decision would eliminate conservative requirements that force dispensaries to also own the means of production.
U.S. hemp sales could increase as much as $25 million in 2020 and by more than $100 million by 2022, according to new estimates by the U.S. Department of Agriculture (USDA).
These estimates are some of the figures outlined in Hemp Industry Daily’s new special report, “USDA Hemp Rules: A Handbook for Hemp & CBD Businesses.”
