The air is thick with the scent of change, my friends. The federal leviathan, in its infinite wisdom, appears to be teetering on the precipice of reclassifying our beloved Mary Jane. This isn’t some half-baked rumor, mind you. This is coming straight from the horse’s mouth, or rather, the mouths of unnamed sources who’ve been whispering sweet nothings to the … [Read more...] about Smoke Signals: The Unhinged Uprising of Cannabis in the Land of the Free
marijuana
New era for pot regulation leaves old problem: Many cannabis companies can’t find a bank
LOS ANGELES — The Biden administration's move to reclassify marijuana as a less dangerous but still controlled drug was hailed as a monumental step in reshaping national policy. But it might do little to ease a longstanding problem in the cannabis industry — a lack of loans, checking accounts and banking services that other businesses take for granted. Reclassifying Marijuana … [Read more...] about New era for pot regulation leaves old problem: Many cannabis companies can’t find a bank
Marijuana rescheduling leaves regulators and sellers cautiously optimistic
A move by the Biden Administration to change how marijuana is treated by federal authorities was met with cautious approval by Massachusetts state regulators, cannabis sellers, and national marijuana advocates alike. The Drug Enforcement Agency will drop marijuana from the list of banned substances found under Schedule I of the Controlled Substances Act, where it currently sits … [Read more...] about Marijuana rescheduling leaves regulators and sellers cautiously optimistic
Hemp Clothing Market to Hit $23B by 2031, Report Predicts
Hemp clothing is making a comeback, marking the hemp textile industry’s latest resurgence in the clothing sector. Researchers say the reasons for the surge include hemp’s notable sustainable and eco-friendly characteristics, and its return on investment. According to a March 26 press release, Allied Market Research, the hemp clothing industry is on a trajectory showing steady … [Read more...] about Hemp Clothing Market to Hit $23B by 2031, Report Predicts
Not a token step on cannabis: Federal downgrading of drug is welcome
United States drug policy this week moved one step closer to sanity. It’s got much further to go. We are not cannabis enthusiasts, nor do we love what legal and regulated substances like alcohol and tobacco do to human and public health. But dealing with those who sold and used pot through arrest, prosecution and occasional incarceration was cruel. It was wasteful. And it was … [Read more...] about Not a token step on cannabis: Federal downgrading of drug is welcome
Incrementalizing Cannabis
Senate Majority Leader Chuck Schumer (D-NY), center, and Sens. Cory Booker (D-NJ), left, and Ron Wyden (D-OR) conduct a news conference on the reintroduction of the Cannabis Administration and Opportunity Act, at the Capitol Visitor Center, May 1, 2024, in Washington. Nothing changes yet. Cannabis consumers could be forgiven for their frissons of excitement after news outlets … [Read more...] about Incrementalizing Cannabis
Hawaii Has Been Debating Marijuana Legalization For Half A Century
State Rep. John Carroll was fed up with Hawaii’s outdated marijuana laws. The Republican lawmaker had recently been at a rock concert where much of the audience had lit up — some right in front of police officers. Thousands of Hawaii’s citizens smoked pot, Carroll told the Honolulu Star-Bulletin newspaper, but nothing had been done to update the legal code to “better fit the … [Read more...] about Hawaii Has Been Debating Marijuana Legalization For Half A Century
Cannabis companies could see millions more in state social equity funds
Dozens of cannabis entrepreneurs were buoyed last month by the announcement of more than $2 million in grant funding from a unique state program for business owners from communities most affected by strict drug prohibition. Millions more may soon follow. The grants represented the first money released from the state’s Cannabis Social Equity Trust Fund, which channels money … [Read more...] about Cannabis companies could see millions more in state social equity funds
Detroit public schools says student marijuana use becoming a serious problem, causing hospitalizations
DETROIT (WXYZ) — Detroit Public Schools Community District Superintendent Nikolai Vitti says marijuana use among students has skyrocketed since the legalization of the drug in 2018 and is calling on state leaders to intervene. Vitti says from 2019 to 2021, the district recorded 289 drug-related incidents within its schools. From 2021 to 2023, that number jumped to 1,735 and … [Read more...] about Detroit public schools says student marijuana use becoming a serious problem, causing hospitalizations
House Approves Bill To Regulate Sale Of Cannabis Products
HARTFORD, CT – The House late Tuesday approved a sweeping bill that will restrict sale of hemp products, including beverages containing the main psychoactive ingredient of the cannabis plant. The legislation, House Bill 5150, was passed on a 130-16 vote with five lawmakers not voting or absent and will head to the Senate. Possession of cannabis for recreational use has been … [Read more...] about House Approves Bill To Regulate Sale Of Cannabis Products