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CANADA | The uncertain legacy of cannabis legalization

Will it be a story of harm reduction or business creation? The needs of a struggling industry will have to balanced with public health goals.

The criminalization of cannabis is now a thing of the past in Canada, but the legacy of legalization is far from clear. Legalization represents a major social and political shift, after years of work by activists successfully showed that criminalization was harmful and ineffective.

Why a new federal decision will aid New York's booming hemp industry

A potential obstacle blocking development of the industrial hemp industry was removed Tuesday when banking regulators confirmed the legitimate legal status of low-THC cannabis.

The move comes almost a year after Congress formally lifted stringent controls on the non-psychoactive variant of the hemp plant.

Is There Enough Growth in Medical Marijuana Stocks?

With the recreational market taking off, medical marijuana could take a backseat.

The medical market for pot could become a casualty of the growing movement to legalize recreational marijuana. With legalized recreational products commanding higher prices, the supply of medical marijuana could take a hit – and that could be bad news for investors banking on the segment's growth.

California city sues itself, trying to escape controversial cannabis ballot initiative

Pasadena is asking a judge to erase a controversial ballot initiative from next year’s ballot. And it’s doing so by suing its own officials.

Yes, this is highly unusual. No, the city’s isn’t blaming its employees for the proposed measure which, officials have said, would subvert the city’s marijuana laws to legalize currently illegal cannabis stores.

This effort to decriminalize marijuana nationally is even getting Republican support

An historic House bill to decriminalize marijuana is moving in Congress with support from both Democrats and Republicans —legislation that would have a dramatic impact on people convicted of using or possessing the drug.

The bill, approved by the House Judiciary Committee last month on a vote that attracted both Democratic and Republican support, would allow marijuana convictions to be erased while allocating federal funds to help people whose lives were profoundly affected.

Marijuana Legalization: Can Virginia Expect it in 2020?

Marijuana is strictly prohibited in Virginia. All forms of marijuana are illegal in the state. Yet, recreational cannabis sales went live in Michigan on Sunday. To know more about this, read Recreational Marijuana Sales Go Live in Michigan. Furthermore, Illinois will legalize marijuana on January 1, 2020. While the other states are pushing for legalization, let’s see what steps Virginia is taking.

What actions is Virginia taking for legalization?

Interest in medical marijuana use exceeds Missouri estimates

ST. LOUIS (AP) — Interest in medical marijuana use has far outpaced expectations only five months into Missouri’s new program.

Missouri issued close to 22,000 medical marijuana cards since July 4, the St. Louis Post-Dispatch reported. Researchers with the University of Missouri’s Economic and Policy Analysis Research Center previously estimated that the state wouldn’t reach that many patients until 2021.