The bill that would create a legal retail cannabis market in Vermont narrowly cleared its final House committee on Monday, paving the way for a long-anticipated vote on the floor later this week.
The House Appropriations Committee voted 6-5 in favor of advancing S.54 to the full House, where lawmakers expect to take up the measure Wednesday.
Those who have been following the federal marijuana reform efforts on Capitol Hill over the past year can tell you that Congress has been more active than ever on this subject. But with all this progress, the question remains: Will any of this effort result in actual changes to federal laws?
When a major player in a given industry performs really well, it can often set the stage for the shares of others in the same industry to rise also. This is called a sympathy play. And it just happened in the Canadian cannabis industry.
Nearly two months into legal recreational cannabis sales in Illinois, there is a lot retailers can learn from dispensaries here, including how to leverage technology to manage demand and ease pain points for customers.
On January 1st, 2018, recreational cannabis became legal in the state of California, after over two decades of medical-only legalization. Over the next few months, some dispensaries would go from having cannabis out on the counter for people to smell and inspect to only having pre-packaged and sealed cannabis. Free deals for newcomers would vanish. Prices skyrocketed. And high taxes were added on top of that, adding up to over 40% in some counties.
The state of Utah is famously conservative, both politically and culturally. In a region of the country dominated by liberalism, Utah’s elected officials are overwhelmingly Republican. The state hasn’t had a Democratic governor in 35 years and hasn’t voted for a Democrat in a presidential election since 1964. Life in the Beehive State is largely dictated by the powerful Mormon church, which has historically vocally opposed marijuana legalization.
Following the mistakes learned in 2019, cannabis is adjusting how it grows in 2020.
Since adult-use legalization first breached the United States in 2012, cannabis hiring practices have drastically changed.
You hear that? That’s the sound of the beginning of a big rebound in marijuana stocks. Over the past few trading days, the ETFMG Alternative Harvest ETF (NYSEARCA:MJ) is already up nearly 5%, representing one of biggest upward moves the beaten-down ETF has staged over the past year.
California voters legalized pot in 2016. But for many seeking jobs in state government, cannabis use has become an obstacle to getting hired.
Now, a spike in the number of job applicants disqualified by state agencies after failing tests for marijuana use has spawned calls for new legislation and debate over whether employment rules should be relaxed given more widespread acceptance of the drug.
The proposed medical marijuana bill that would raise patient caps for doctors and clarify that private employers don’t need to allow marijuana use received a favorable recommendation from a Senate committee Tuesday.
