Governments in North America legalized cannabis explicitly to phase-out the black market for cannabis. But over-regulation of the legal industry is producing the opposite result.

The SAFE cannabis banking bill passed the House. That was expected. Now comes the difficult part.

The U.S. House of Representatives passed H.R. 1595, known as the Secure And Fair Enforcement (SAFE) Banking Act, on Wednesday (Sept. 25). The bill was sponsored by Congressmen Ed Perlmutter of Colorado, Denny Heck of Washington, Steve Stivers of Ohio and Warren Davidson of Ohio, all members of the House…

New Frontier Data, a Washington, D.C.-based cannabis researcher, has just released a new industry report that takes a detailed look at forecasts and trends. Also subject to scrutiny are revenue projections, the black market, consumer behavior and potential interaction with the U.S. opioids market. Dubbed “The U.S. Cannabis Report 2019…

Common sense should be common, but it’s damned elusive in Washington. But sometimes — and only rarely — Capitol Hill has an opportunity to get something right, solve a major problem, and enhance liberty and justice for all. Wednesday, Sept. 25, is one of those opportunities. Rep. Ed Perlmutter’s (D-Colo.) bill,…