“Fast-tracking the large existing medical marijuana corporations would ring a bell that cannot be unrung, much to their investors’ delight.” By Chelsea Higgs Wise, Marijuana Justice If you are experiencing déjà vu over the marijuana legislation before the Virginia General Assembly this year, you could be forgiven. As was... Read more
A Republican congressman who has long opposed marijuana reform is telling the Drug Enforcement Administration (DEA) that the Food and Drug Administration (FDA) came to a “misguided conclusion” to recommend rescheduling cannabis— challenging the health agency’s scientific standards and imploring DEA to dismiss them as it prepares to make... Read more
Two-time Superbowl Champion Jim McMahon and All-Pro offensive lineman Kyle Turley are hinting at a run for the White House with a campaign built on passing a banking bill for legal marijuana businesses and creating awareness for the benefits of cannabis, according to a report from Fox Sports. McMahon,... Read more
Department of Justice indictments against an accused drug trafficking organization operating out of Southern California were unsealed Tuesday, revealing a vast criminal network which allegedly moved millions of dollars worth of drugs from California to Canada. According to a Department of Justice press release, the criminal network they targeted... Read more
In a string of robberies, several cannabis retail shops have reported various tactics criminals have been using to get into their businesses in recent months. As these get worse, lawmakers are cranking up the punishments for people involved in such violent crimes. A bill proposal in Washington would tack... Read more
Cannabis stocks, as measured by the Global Cannabis Stock Index, exploded higher in late August on news that the Department of Health and Human Services had recommended to the DEA that it move cannabis from Schedule 1 to Schedule 3, and the move continued into September. October wiped out the... Read more
As we described in a previous article, the Global Cannabis Stock Index extended the bounce from November after the huge October loss, rallying 8.1% in December. That index was down 20.1% in 2023, which followed a record decline of 70.4% for 2022. In January, it rallied again, rising 12.2% to 9.10. In this article,... Read more
Lawmakers in Kentucky have filed new marijuana legislation with a notable bill number: HB 420. If passed, it would legalize and regulate cannabis for adults 21 and older, though few expect the proposal to get through in the state’s Republican-controlled legislature this session. As introduced on Tuesday by Rep.... Read more
