Federal employers could significantly boost the pool of available talent if prohibitions against marijuana use were removed, according to a trio of bipartisan lawmakers. Reps. Jamie Raskin, D-Md.; Nancy Mace, R-S.C.; and Earl Blumenauer, D-Ore., introduced the Cannabis Users Restoration of Eligibility (CURE) Act, which would prevent prior or current marijuana use from becoming … [Read more...] about Proposal Would Allow Cannabis Users to Attain Federal Jobs, Security Clearance
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Marijuana users still barred from buying guns even in states where pot is legal, ATF warns
Users of marijuana remain barred from purchasing and possessing guns under a decades-old federal law, even as more and more states move to legalize recreational use of the drug, federal authorities warned this week. Unless marijuana is legalized on a federal level, users of cannabis will continue to be prohibited from shipping, transporting, receiving or possessing firearms and … [Read more...] about Marijuana users still barred from buying guns even in states where pot is legal, ATF warns
U.S. Cannabis Jobs Slump
Cannabis jobs across the U.S. are in decline, but New Mexico and other states with new adult-use markets seem to be doing fine. A new report from leading cannabis industry job platform Vangst found that there was a two percent drop in cannabis industry employment in 2022. It was the first dip in cannabis jobs since 2012, the first year of legal cannabis in the U.S. During the … [Read more...] about U.S. Cannabis Jobs Slump
U.S. cannabis sales to hit $71B in 2030 even without federal reforms – report
Cannabis analytics firm New Frontier Data sees brighter days for the U.S. pot industry, projecting $71B of legal marijuana sales in 2030 if the current trend in state-level legalization continues even without legal immunity at the federal level. While 21 U.S. states and the District of Columbia have already legalized weed, cannabis companies struggle with operational … [Read more...] about U.S. cannabis sales to hit $71B in 2030 even without federal reforms – report
Marijuana tax dollars and how they’re spent in different states
(NewsNation) — All across the country, the once-widely-criminalized drug is becoming more and more a mainstream part of American life. Twenty states, plus the District of Columbia, have legalized the use of recreational marijuana and more than three dozen states, territories, and D.C. allow for the use of medical marijuana. One of the reasons why an … [Read more...] about Marijuana tax dollars and how they’re spent in different states
High & Dry: Banking Crisis to Further Choke Funding for Cannabis Sector
(Reuters) - The global banking turmoil threatens to squeeze U.S. cannabis companies already struggling with meager funding sources by drying up support from regional lenders and tightening fundraising from alternative avenues. Most U.S. banks do not service cannabis companies as marijuana remains federally illegal despite several states legalizing its medicinal and recreational … [Read more...] about High & Dry: Banking Crisis to Further Choke Funding for Cannabis Sector
Americans now favor legal cannabis over legal tobacco
A demonstrator waves a flag with marijuana leaves depicted on it during a protest calling for the legalization of marijuana, outside of the White House on April 2, 2016, in Washington. More Americans now favor legal cannabis than legal tobacco, surveys show, signaling a sharp societal shift from an era when cigarette-smoking was legal pretty much everywhere and pot-smoking was … [Read more...] about Americans now favor legal cannabis over legal tobacco
DOJ Still Working On Biden Admin’s Stance on Cannabis, Garland Says
Attorney General Merrick Garland told lawmakers that his agency is “still working on a marijuana policy” amid reviews of cannabis’s status as a schedule I drug. Speaking to the Senate Judiciary Committee and responding to a question from legalization advocate Cory Booker, Garland said, “I think that it’s fair to expect what I said at my confirmation hearing with respect to … [Read more...] about DOJ Still Working On Biden Admin’s Stance on Cannabis, Garland Says
What states have legal weed? Will Congress OK it? The latest on federal marijuana legalization
It seems like just yesterday that New Jersey was caught in a years-long soap opera of "will they" or "won't they." Fast forward a couple of years, and New Jersey's cannabis industry is already nearing a $300 million market that experts largely agree will hit billion-dollar territory before too long. But what's going on with the rest of the country? Until cannabis is legal on … [Read more...] about What states have legal weed? Will Congress OK it? The latest on federal marijuana legalization
Curaleaf and Russian Money
Roman Abramovichs investments are making waves in the cannabis industry. He is one of the most influential financiers and has recently made hefty acquisitions in the company Curaleaf, which is now one of the largest cannabis companies. The billionaire founder's money has been tracked by investigative website Forensic News who reported that Abramovich is now the largest … [Read more...] about Curaleaf and Russian Money
