Since the U.S. Census Bureau first launched a map detailing the proportion of state revenue made up by marijuana tax money last fall, the agency has continued tracking the data, allowing further comparisons to be made over time. In the fourth quarter of 2023, for example, New York recorded... Read more
Former Medford, New Jersey mayor and former New Jersey General Assemblyman Scott Rudder is opening a dispensary in Riverside in his home state. Riverside, a suburb in the greater Philadelphia-Camden area, is a prime location for growth in the cannabis sector. Rudder, who is Republican, founded the New Jersey... Read more
In the midst of blossoming cannabis and CBD reform throughout the West, hemp-derived cannabinoid products are increasingly taking center stage as legislators continue to raise red flags surrounding the lack of regulation and intoxicating potential of these products. Just in the past several months, a number of states have... Read more
The German government last week adopted a bill to end the prohibition of cannabis for adults that will make possession and home cultivation of weed legal in Europe’s most populous nation as of April 1. The legislation, which also allows for the establishment of cannabis clubs, was given final... Read more
These Marijuana Stocks Could See Big Gains In 2024
A new review of scientific literature around CBD and its effects suggests that the cannabinoid could be useful in managing symptoms of alcohol use disorder (AUD) by modulating brain networks that perpetuate addiction. The review, from authors at the University of Sydney and local health districts in the Australian... Read more
Conducting a recall safely and expeditiously can present a unique opportunity to build a brand’s reputation in the consumer-focused cannabis industry and highlight commitment to consumer safety and well-being. By Joanna Borman and Amy Rubenstein, Dentons In 2023, state legal cannabis sales reached $29 billion. With additional states launching... Read more
A California bill that was introduced last month as a minor technical fix to an existing law protecting workers from employment discrimination over legal marijuana use was substantially amended in committee this week with new section that would roll back the protections for various categories of workers, including those... Read more
The Marijuana Stocks Could See A Rise This Week
Senate Banking Committee Chairman Sherrod Brown (D-OH) says passing marijuana banking reform legislation this year is a “high priority,” reiterating his support as congressional attention shifts from funding the government to other outstanding legislative items. In a brief interview with AskAPol on Thursday, Brown was asked about the Secure... Read more
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