marijuana reform

Congress Members Ask President Biden To Pardon Federal Cannabis Offenses Thirty-seven members of Congress have issued a letter to President Joe Biden, asking for a blanket pardon to those with federal nonviolent cannabis-related offenses. (h/t NORML) The letter was first signed by...

Most states have passed some type of cannabis reform — only six consider it fully illegal. Yet, on the federal level, the marijuana prohibition has yet to be repealed. Lawmakers continue to drag their feet, with just incremental progress taking shape in the 116th Congress. Sources...

Companies that commercially produce, sell, and profit from cannabis typically have white business owners at the helm. Curaleaf Holdings Inc. (OTCQX: CURLF), one of the industry's largest players with a market cap hovering $11 billion, is hoping a new initiative can...

Marijuana arrests trend downward in America. Yet, scores of individuals remain imprisoned for cannabis-related offenses on the federal and state levels. This underscores the ongoing disparity between the drug war and the legalized markets. Weldon Angelos was incarcerated for a non-violent...

Cannabis pros are expecting the industry to look and feel quite different on the heels of President Joe Biden's inauguration. "The cannabis industry will certainly see a fresh influx of investment dollars under a Biden administration," Narmin Jarrous, the chief development...

Michigan's state-led Racial Equity Advisory Workgroup has released recommendations to encourage more diverse ownership, according to Crains Detroit.  The recommendations come, in part, through parameters in the state's 2018 legalization act that stipulates ownership...

A consortium made up of CMG Partners Inc., Left Coast Ventures Inc. and Shawn Carter (Jay-Z) —with his company Roc Nation — has finalized its previously announced transaction with Subversive Capital Acquisition Corp. (OTCQX: SBVCF). The newly formed company...

Gov. Andrew Cuomo announced Wednesday his proposal for a legal cannabis program across New York State. The plan calls for a new Office of Cannabis Management. This group would oversee a nascent recreational program as well as New York's current medical marijuana program. The proposal,...

No longer reeling from a bear market, the American cannabis industry appears poised to continue its growth throughout 2021. Some states stand out to investors more than others due to strong performances and first-year potential. According to Headset Data Analyst Cooper Ashley, sales from...

Wisconsin Governor Tony Evers says cannabis legalization could boost tax revenue for his state as a way to offset struggles brought on by the coronavirus pandemic. The prospect of adult use is up for consideration in Wisconsin' 2021 budget proposal, Evers told Milwaukee Journal Sentinel....

When it comes to cannabis, Former Senate Majority Leader Tom Daschle had a change of heart. During his tenure as a public servant, he preferred keeping marijuana in the DEA’s Schedule I category, alongside drugs that aren't considered safe to use even under medical supervision....

As 2020 comes to a close, the cannabis industry can call itself one of the few winners from an otherwise calamitous year. While the industry did take its fair share of hits, the wins gained on the state and federal level helped soften the blows brought on by the coronavirus pandemic and other...

By Noah Miller, CEO of Black Dog LED This year has been challenging for millions of people and businesses of nearly every size and sector. Cannabis, however, has proven that it is much more resilient than previously thought. Grand View Research believes the global legal marijuana market is expected...

New Jersey lawmakers have passed a measure to allow a recreational marijuana marketplace in the Garden State. The legislation will now be sent to Democratic Gov. Phil Murphy, who is expected to sign the bill. Once that happens, New Jersey cannabis businesses will be able to offer recreational weed...

Whether the MORE Act passes the Senate remains uncertain, but some cannabis legislation is finding success. On Tuesday night, the Senate passed the Cannabidiol and Marihuana Research Expansion Act. The move follows the House's passage of the bill last week. Related link: The MORE Act Won...