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Schumer launches long-shot bid for legal Cannabis

Schumer would also need to corner President Joe Biden — who has supported decriminalizing marijuana but not legalizing it — to sign the bill. Still, he’s projected confidence about his odds in the past. "The fact that every membe...

July 14, 2021

Senate Democrats rolling out draft of bill to end federal marijuana ban

Senate Democrats, including Majority Leader Chuck Schumer of New York, plan to reveal a draft bill Wednesday to end the federal prohibition on marijuana — a move that comes as 18 states have already legalized pot for recreational use."The Se...

July 14, 2021

Marijuana Legalization Bill Would Open Banking Services to Cannabis Companies

A new Senate bill to legalize marijuana would let cannabis companies use banking services and trade on major stock exchanges, according to a person involved in negotiations on the legislation, a potentially dramatic breakthrough for an industry lo...

July 13, 2021

Cannabis Legalization Is Creating A Need For Armed Security Guards

Armed guards from Invicta Group provide security to dispensaries and other cannabis businesses. Invicta Group The spread of legalization to new states, particularly on the East Coast, is providing new opportunities for security companies...

July 1, 2021

First Southern state allows recreational marijuana, as Virginia law takes effect today

Recreational marijuana is now legal in Virginia.As of July 1, Virginia adults can now possess up to an ounce of pot without facing any penalty. It’s the first Southern state to legalize recreational marijuana - though weed has been legal in ...

July 1, 2021

Sioux Tribe Opening First Legal Marijuana Business In South Dakota

Despite voter approval, legal cannabis is on pause in South Dakota—everywhere except for a tiny town located on an Indian reservation, where the Flandreau Santee Sioux will open the state’s first legal cannabis business this week. Sou...

June 30, 2021

Harvard University Launches First-Of-Its-Kind Psychedelics Policy Center

Harvard Law School on Wednesday announced the launch of a first-of-its-kind psychedelics policy center that it hopes will inform legislation and help clinicians navigate this burgeoning medical space as reform continues to advance. The Project on ...

June 30, 2021

4th of July weekend expected to bring in $206000000 in national retail cannabis sales

DENVER, June 29, 2021 /PRNewswire/ -- Business intelligence from Akerna (Nasdaq: KERN), an enterprise software, leading compliance technology provider, and developer of the cannabis industry's first seed-to-sale enterprise resource planning (ERP) ...

June 29, 2021

9 Science-Backed Benefits Of CBD Oil

Cannabidiol, or CBD, is a chemical compound found in the cannabis sativa plant. When applied topically or consumed through smoke inhalation or edible consumption, CBD interacts with neuroreceptors in your endocannabinoid system, which sends signal...

June 28, 2021

DEA Allowing More Facilities to Produce Cannabis For Research

Although many states have legalized marijuana for medicinal and/or recreational use, when it comes to using marijuana in a research setting, sources have been very limited.  The US Drug Enforcement Administration (DEA) has the authority to re...

June 23, 2021

'We can get it right': With Connecticut, recreational marijuana use has now been legalized in nearly half of the US -

Connecticut became the 19th state to legalize recreational use of marijuana Tuesday, when Gov. Ned Lamont signed a highly anticipated bill which hopes to address racial inequities stemming from the nation's war on drugs.“We had a chance...

June 22, 2021

New Big Law competition 'means we're winning'

When Denver-based corporate lawyer Christian Sederberg decided in 2010 to team up with activist Brian Vincente to form a law firm dedicated to cannabis, Colorado’s medical marijuana industry was in its infancy and not a single state in the country...

June 16, 2021