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The House of Representatives on Thursday added an amendment to a spending package that would protect state-legal marijuana businesses from the Department of Justice.

The amendment, according to its description, would “prohibit the Department of Justice from interfering with state and tribal cannabis programs.” Congressional Cannabis Caucus founder Rep. Earl Blumenauer, D-Ore., sponsored the amendment, which passed 254-163, including 31 Republicans who voted in favor of it.

A new report out examining how the COVID-19 pandemic impacted the U.S. cannabis industry shows consumer purchasing spiked, dropped, then started to stabilize in the time between when things began to unravel for the nation in March until recently.

In other words, it appears that the experience for cannabis, as a product, wasn’t much different from other mainstream products, such as toilet paper, certain foods, and other essentials.

It is a fact that the legal cannabis industry has tremendous potential to generate significant tax revenue for states and municipalities in the years ahead. Earlier this year, for example, the California Department of Tax and Fee Administration reported that, from the day legal cannabis retail sales began in January 2018 until January 2020, the state had already collected more than $1 billion in taxes. And those are only state-level taxes.

For startups and established businesses, compliance issues can be time-consuming and confusing. But they don't have to be daunting.

Despite the massive growth in the cannabis space over the last decade, the industry is often more heavily scrutinized than other industries. But unfortunately, many cannabis businesses — especially those on a smaller scale — aren’t adequately prepared to deal with compliance issues, putting them at risk of facing heavy fines, losing their licenses, and even going out of business. 

Thousands in the cannabis industry have lost their jobs on the heels of the COVID-19 pandemic. Canopy Growth Corp. CGC (TSE: WEED) and Aurora Cannabis Inc. ACB (TSE: ACB) announced layoffs and 

The race to become the first Caribbean country with legal cannabis is turning into a sprint, with Saint Lucia announcing plans to join Bermuda, and the U.S. Virgin Islands in drafting adult use legislation.

A win for Democrat Joe Biden is expected to bode well for medical cannabis businesses in the US

The cannabis investment market has shown its resilience through the coronavirus crisis and the second half of 2020 is looking positive, says Nawan Butt of Purpose Investments. 

Cannabis is likely to be a key talking point in the US presidential election in November and Butt says a potential win for Democrat Joe Biden would bode especially well for medical cannabis businesses in the US.

Heartland voters may get the chance to decide on medical marijuana after an organization gathered more signatures than needed to put legalization on the ballot.

Legal cannabis supporters in Nebraska faced a pandemic and the task of collecting at least 122,000 signatures in a state not known for cutting-edge legislation on marijuana. But in the end, they did what they needed to do to get medical marijuana on the November ballot.

Cannabis sector-related exchange traded funds led the charge on Tuesday, shaking off the broader market malaise, as Canopy Growth (NYSE: CGC) partners with Martha Stewart to launch a website to sell CBD products in the U.S.

Making a purchase is one thing; purchasing good quality is another. Is there a way to tell the difference?

With the legalization of cannabis in more parts of the world, there is an expected increase in low-quality batches. How can cannabis quality be effectively measured?