Multiple marijuana companies donated a total of nearly $15 million to a Florida campaign behind a legalization initiative that will appear on the state’s ballot this November, including several multi-state operators, the latest state filings show. The Florida Division of Elections (DOE) released the campaign finance activity report from... Read more
An amendment to a Nebraska tax bill on Wednesday reduced a proposed tax on hemp and CBD that was initially set at 100 percent. The new rate, 25 percent, is significantly lower but still far greater than sales tax rates that most states impose on the federally legal products.... Read more
President Joe Biden, Vice President Kamala Harris and a top Justice Department official all marked “Second Chance Month” on Friday by separately touting the administration’s mass marijuana pardons—the latest acknowledgement from the White House that cannabis reform is a focus heading into the November election. Amid heightened expectations about... Read more
3 Marijuana Stocks To Add To Your Watchlist This Week
Following the passage of a marijuana legalization bill on Thursday by New Hampshire’s House of Representatives, Gov. Chris Sununu (R) is signaling that he’s against the legislation in its current form but could still ultimately get on board if changes are made in the Senate. The comments from the... Read more
The Justice Department is investigating marijuana-related businesses that allegedly took coronavirus relief loans in violation of federal rules, with third-party actors leveraging a whistleblower policy that allows them to take a portion of settlement money if they report on the cannabis companies. Multiple sources in the cannabis legal space... Read more
A Vermont Senate panel this week discussed planned changes to a House-passed bill that would, in its current form, create and fund two overdose prevention centers in the state, where people could use currently prohibited substances in a medically supervised environment—part of a pilot program aimed at quelling the... Read more
The head of the Food and Drug Administration (FDA) says there’s “no reason” for the Drug Enforcement Administration (DEA) to “delay” making a marijuana scheduling decision. FDA Commissioner Robert Califf also said that, “as a child of the sixties,” it would “be nice if in my lifetime we came... Read more
“The Cannabis Commission has had three years to get this program going and it’s still dead in the water.” By Alander Rocha, Alabama Reflector An Alabama Senate committee Wednesday approved two bills aimed at restarting the state’s medical cannabis licensing process. The Senate Agriculture, Conservation, and Forestry Committee approved... Read more
New Hampshire’s House of Representatives has approved a bill to legalize and regulate marijuana in the state and set strict limits on advertising and marketing. The legislation, from Rep. Erica Layon (R), next proceeds to the Senate, where many expect it will receive a cold welcome for departing from... Read more
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