How Democrats are failing on legalized marijuana
Overall, the year has not lived up to expectations. This was supposed to be the big year for marijuana legalization. But in many state capitols across the country, efforts have stalled or collapsed as Democrats clash over everything from race and criminal justice to how to divvy up a... Read more
Oregon Cannabis: 2019 Legislative Session Update

Back on March 1, I ran through a legislative forecast and report for Oregon cannabis in 2019. In that post, I touched on six main issues: hemp, marijuana production limits, interstate sales, social consumption, local grow tax and off-work use. As we move into the home stretch of the 2019 session, each issue has been…

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Evidence-Based Research Suggests Allowing Cannabis Storefront Retail Benefits Neighboring Property Values, Public Health and Safety

In 2016, California voters approved Prop 64, the Adult Use of Marijuana Act, by nearly 2 million votes. In addition to legalizing adult use and possession of cannabis, the law creates a statewide regulatory regime for commercial cannabis activity, but also provides discretion to local jurisdictions to prohibit or restrict such businesses. Almost 18 months…

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California Cannabis Litigation: Alta Sierra v. Kern County and Protecting the Will of the Voters

Kern County has a long and sordid history when it comes to regulating cannabis. There has been over a decade of allegations of corruption, bribery, arrests, and a plethora of lawsuits. Long story short, in March of 2009, the County passed an ordinance that permitted medical marijuana dispensaries throughout the County as long as they…

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Texas Senate unanimously approves industrial hemp, CBD legislation
The push to legalize hemp and CBD products in Texas cleared another legislative hurdle with the state Senate’s unanimous approval of a bill to allow production and sales. The proposed Texas hemp bill, which also passed unanimously in the state House last month, would not only legalize CBD in... Read more
Oregon Hemp Litigation: Multi-Million Dollar Crop Delivery Lawsuit Filed

We recently wrote about hemp production contracts, noting that scope and scale of commercial hemp production and the related contracts and lawsuits are likely to dwarf the dollar values we typically see in recreational marijuana. That post discussed a $57 million lawsuit arising from a hemp production contract and lists some issues for growers and…

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Oklahoma’s Wild Ride to Legal MMJ
In Oklahoma the medical cannabis journey has been (and still is..) a wild ride.  In March of 2014 a nonprofit called Oklahomans For Health (OFH) was formed, to consider the medical marijuana issue.  By May of 2014 the group had cobbled together a law to circulate in the form of a... Read more
Growing Recreational Pot At Home Not Allowed Under Illinois Legalization Proposal?

It would appear that the marijuana industry is expanding with an unstoppable force supported by the ever-increasing support of state legalization. The strong cannabis momentum might get an 11th state to legalize marijuana. Just a few weeks ago, there was a fallout regarding the legalization of cannabis in both New York and New Jersey. In […]

The post Growing Recreational Pot At Home Not Allowed Under Illinois Legalization Proposal? appeared first on Marijuana Stocks | Cannabis Investments and News. Roots of a Budding Industry.™.

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ICYMI: Phase 3 Marijuana Retail Licensing in L.A. Shoots to Commence in September

In case you missed it, at the end of last month, the City of L.A. finally decided on what to do with Phase 3 cannabis licensing regarding retail and retail delivery (see here and here for the City’s newest ordinances). In addition, City Council instructed the Department of Cannabis Regulation (“DCR”) to begin the pre-vetting process for social…

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People spent more money on marijuana in March 2019 than any other month since recreational marijuana sales began nearly five and a half years ago.  According to data released by the Colorado Department of Revenue, sales of recreational and medical marijuana exceeded $142.4 million in March, over $1 million more... Read more
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