“And if we’re able to do this in a way that offsets property taxes and their insurance situation…that’s what I want to see happen.” By Mitch Perry, Florida Phoenix One of the arguments supporters of the proposed state constitutional amendment legalizing the recreational adult use of cannabis in Florida... Read more
“It really is a positive change and we’re really hopeful that this means a bright future for cannabis on Martha’s Vineyard.” By Bhaamati Borkhetaria, CommonWealth Beacon Cannabis businesses on Martha’s Vineyard and Nantucket will be able to transport marijuana over state waters starting midnight on Friday, under an administrative... Read more
The U.S. House of Representatives has approved a large-scale defense bill that includes a section to prevent military branches from testing recruits for marijuana as a condition of enlistment has been left intact, despite opposition from the White House. While the House Rules Committee on Tuesday blocked a number of... Read more
“I’m just a guy who discovered that you can drink THC instead of alcohol.” By Lynn Bonner, NC Newsline North Carolina legislators talked a lot about drugs on Wednesday, with a Senate committee agreeing to rules for hemp-derived consumables and House members moving to crack down on the sale... Read more
The Arizona House of Representatives has approved a Senate-passed bill to legalize psilocybin service centers where people could receive the psychedelic in a medically supervised setting. Two days after clearing a final House committee, the legislation from Sen. T. J. Shope (R) was approved by the full chamber in a... Read more
A GOP-controlled House committee has voted to maintain a federal ban blocking Washington, D.C. from creating a system of regulated adult-use marijuana sales. At a House Appropriations Committee hearing on Thursday, members approved an en bloc package of Republican amendments to the 2025 Financial Services and General Government (FSGG)... Read more
Rates of youth marijuana use in Colorado declined slightly in 2023—remaining significantly lower than before the state became one of the first in the U.S. to legalize cannabis for adults, contradicting prohibitionist arguments that the reform would lead to increased underage consumption. That’s according to the latest biannual Healthy... Read more
“What this story describes is not a social equity fund. We must get to the bottom of this.” By Rosalind Adams, THE CITY Citing an investigation by THE CITY, two state senators have called for New York’s social equity cannabis fund to cease issuing loans to dispensary operators and... Read more
You’re reading this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. The newsletter includes unique insight to help our readers stay ahead of the curve as well as links to the week’s most important news. We post this and all... Read more
