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GOP-Controlled Committee Kills Virginia Bill To Launch Rec Cannabis Sales This Year
Monday, February 28, 2022 - 1:16pm | 368It seems that Virginians won’t be able to legally buy cannabis just yet, as a House of Delegates subcommittee voted down legislation that would allow recreational marijuana sales that were meant to begin this September. Earlier in February, the Senate passed a 451-page bill...
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New York Senate Gives Green Light To Marijuana Licensing & Equity Bill
Wednesday, February 16, 2022 - 1:33pm | 350The New York Senate passed a bill Tuesday that would provide provisional marijuana cultivator and processor licenses to existing hemp businesses that take specific steps to promote equity in the emerging industry, Marijuana Moment reported. The bill, sponsored by Sen. Michelle Hinchey (D), was...
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What's Next As Aurora Cannabis Is Nearing The Breakout Point Of A Pennant Pattern
Wednesday, July 14, 2021 - 4:26pm | 408Aurora Cannabis Inc. (NASDAQ: ACB) shares are trading lower Wednesday after retail traders were able to push the stock lower. Senate Majority leader Chuck Schumer just proposed ending federal prohibition on cannabis in the U.S. Senate. The stock was trending throughout the day on social...
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El Salvador Becomes First Country In The World To Adopt Bitcoin As Legal Tender
Wednesday, June 9, 2021 - 6:52am | 482What Happened: Earlier today, members of El Salvador’s Congress voted in favor of a bill that established Bitcoin as a legal tender in the country. Citizens of the country will be able to pay taxes in the digital currency, and exchanges in Bitcoin will not be subject to capital gains tax. The...
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Regulatory Update: Mississippi, Iowa, Mexico
Wednesday, March 3, 2021 - 1:24pm | 547Iowa Slashes Penalties For Marijana Possession Iowa has lowered penalties for those caught with small amounts of marijuana. Under Senate Study Bill 1226, which passed subcommittee by a unanimous vote, possession of under five grams of marijuana is considered as a simple misdemeanor for a first...
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Regulatory Update: Minn., Va. Gear Up For Weed Legalization; Iowa Trims Medical Fees; Col. Issues First Rec Delivery Permit
Friday, February 12, 2021 - 12:46pm | 791Minnesota Legalization Bill Goes Before House Committee Next Week Minnesotans are one step closer toward the legalization of marijuana. Cannabis reform legislation in the Gopher State is poised to receive its first hearing in the House Commerce Finance and Policy Committee on Wednesday, Feb.17...
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Washington Poised To Legalize Homegrown Marijuana Via New Bill
Friday, December 18, 2020 - 1:22pm | 327Policymakers in Washington State are poised to consider letting its residents cultivate marijuana at their homes. According to Marijuana Moment, the bill was pre-filed last week by Shelley Kloba, who represents Democrats and Republican rep Drew MacEwen. It would allow adults 21 and older...
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Was The House Vote On The MORE Act A Strategic Mistake?
Tuesday, December 8, 2020 - 2:04pm | 491On Friday, the House of Representatives voted 228 to 164 in favor of the Marijuana Opportunity Reinvestment and Expungement (MORE) Act. The legislation — first introduced by Rep Jerrold Nadler and sponsored by Vice President-elect Kamala Harris — is poised to...
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Cannabis Regulatory Update: SD Gov Says 'No' To Legalization, PA Tweaks DUI Law
Friday, October 23, 2020 - 1:25pm | 505South Dakota Gov. Urges Against Marijuana Legalization As Election Day nears on Nov. 3, and five states consider some form of cannabis legalization, South Dakota governor Kristi Noem is advocating against marijuana. In a recently released No Way On Amendment A committee's video ad,...
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The History Of Cannabis Legislation And An Homage To Its Pioneers
Saturday, September 19, 2020 - 10:52am | 2144This article was originally published on The Medical Cannabis Community, and appears here with permission. Anyone who has the slightest interest in marijuana or the cannabis industry is aware that the subject has as many detractors as it does proponents. The legalization debate is one encompassing...
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Congress Is Stepping Up Its Efforts To Kill Payday Loans
Friday, June 5, 2020 - 12:53pm | 681The job losses induced by COVID-19 are a catastrophic development for millions of Americans who could least afford it. Between skyrocketing healthcare costs, a lack of safety net, and now unemployment, these are desperate times for many people. And it’s not inconceivable that during...
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Trade-Exposed Companies Contain Their Relief As GOP Scraps Border Adjustment Tax Plan
Friday, July 28, 2017 - 9:16am | 402Much ado about nothing, part two. After sending ripples of fear through trade-exposed textile and apparel companies, Republicans dropped the controversial border adjustment tariffs from tax reform blueprints Thursday. "While we have debated the pro-growth benefits of border adjustability, we...
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Report: White House Won't Support Any Encryption-Related Legislation
Thursday, April 7, 2016 - 10:20am | 262The White House won't offer public support for any draft legislation that would offer judges the power to force technology companies to help law enforcement crack encrypted data, according to a report by Reuters Reuters, citing "sources familiar with the discussions," noted that...