Voters in Lubbock, Texas have rejected a local measure to decriminalize marijuana. The city was the the first community to consider the reform on the ballot following Texas Attorney General Ken Paxton’s (R) legal actions against five other Texas cities with voter-approved decriminalization laws. Lubbock residents voted on a 65–35…

Following an effort to attract more military veteran supporters of marijuana legalization, the campaign behind a Florida ballot measure to legalize adult-use cannabis—Amendment 3—is beginning to feature more veterans in media outreach. Smart and Safe Florida, the organization backing the initiative, announced last month that it’s working to form a…

US Pot Stocks On Watch Right Now

The post High Potential: Top U.S. Cannabis Stocks Poised for Growth appeared first on Marijuana Stocks | Cannabis Investments and News. Roots of a Budding Industry.™.

If the federal government reschedules marijuana as proposed by the Justice Department, that would not legalize cannabis or bring state-regulated markets “into compliance” with federal law, congressional researchers said in a new analysis. However, moving marijuana from Schedule I to Schedule III of the Controlled Substances Act (CSA) would allow…

The Biden administration’s move to federally reschedule marijuana “adds support” for an effort to legalize cannabis in Pennsylvania, the governor’s office says. While moving marijuana from Schedule I to Schedule III under the federal Controlled Substances Act (CSA) would not legalize it, a spokesperson for Gov. Josh Shapiro (D) says…

“We know from other states that when legal marijuana is taxed unnecessarily high, it only helps the illicit market.” By Rebecca Rivas, Missouri Independent A judge in St. Louis ruled Thursday that local municipalities can stack sales taxes on marijuana dispensaries, the first court ruling on a much-debated issue playing…