Tag Archives: drugs

US To Deny Citizenship For Immigrants That Have Ties To Marijuana Industry, Even In States Where It’s Legal

CBS News reports: As people around the country mark 4/20 — the unofficial holiday celebrating marijuana — U.S. officials have released new guidance around marijuana for immigrants hoping to earn U.S. citizenship. Officials said Friday that immigrants involved with cannabis in any way — even in states where it has been legalized — could disqualify them from naturalization. New guidance …

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POLL: Record 65% Back Legalization Of Marijuana

CBS News reports: Sixty-five percent of Americans now think marijuana should be legal — a record high in CBS News polling. Most view marijuana as less harmful than alcohol and believe it is less dangerous than other drugs. Many opponents of legalization, however, think it leads to a rise in crime and most favor the federal government taking action to …

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New Mexico Moves Towards State-Run Weed Stores

The Associated Press reports: New Mexico took a step toward legalizing recreational marijuana when its House approved a bill that would allow state-run stores and require customers to carry a receipt with their cannabis or face penalties. Democratic Gov. Michelle Lujan Grisham has expressed guarded support for recreational marijuana legislation that addresses concerns about child access, road safety and safeguarding …

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Pharma Giant To Sell Generic Version Of Insulin Drug

The New York Times reports: The drugmaker Eli Lilly will begin selling a cheaper version of its most popular insulin, Humalog, in an effort to head off criticism about the rising costs of prescription drugs, the company said Monday. Lilly will begin selling an “authorized generic” of Humalog 100 for $137.35 per vial, a 50 percent discount off the list …

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Martha Stewart To Develop Line Of Weed Products

Reuters reports: Marijuana producer Canopy Growth has roped in lifestyle guru Martha Stewart as an adviser to help develop and launch a line of pot-based products for both humans and animals, it said on Thursday. Stewart, a 90s icon who became a household name through her cooking and lifestyle shows, co-hosts a show with rapper Snoop Dogg, who made headlines …

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Drug Kingpin El Chapo Found Guilty On All Charges

NBC News reports: Mexican drug lord Joaquin “El Chapo” Guzmán was found guilty on Tuesday of crimes spanning more than a quarter of a century, during which prosecutors said he smuggled more than 200 tons of cocaine into the U.S. After a nearly three-monthlong trial and six days of deliberations, a New York jury found the alleged Sinaloa cartel leader …

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Cuomo Forecasts $300M Annually In Legal Weed Taxes

The Buffalo News reports: Adult recreational use of marijuana will be legalized under a plan advanced today by Gov. Andrew M. Cuomo along with the creation of three new taxes – eventually passed on to consumers – that will total $300 million annually. The Cannabis Regulation and Taxation Act will regulate marijuana from cultivation to retail sales “for the purposes …

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LGBT Activists Demand Action After Second Black Man Found Dead In Prominent Democratic Donor’s Home

CBS News Los Angeles reports: A man was found dead early Monday morning at the same West Hollywood apartment of prominent Democratic Party donor Edward Buck where another man died of a drug overdose about 18 months ago. Los Angeles County Sheriff’s deputies responded to the apartment in the 1200 block of Laurel Avenue just after 1 a.m. where they …

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Big Pharma Begins Year With Hundreds Of Price Hikes

The Wall Street Journal reports: More than three dozen drugmakers raised the prices on hundreds of medicines in the U.S. on Tuesday, according to an analysis from Rx Savings Solutions, which sells software to help employers and health plans choose the least-expensive medicines. The average increase was 6.3%, according to the analysis, including increases on different doses for the same …

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CALIFORNIA: Legal Weed Was The Hot Holiday Gift

San Francisco’s NBC affiliate reports: Customers have been lining up and packing into Bay Area cannabis dispensaries to buy holiday gifts including gummies, chocolates, cartridges and flowers. “From the moment we were open at 9 o’clock we had a line,” Magnolia assistant general manager Kysa Butler said. “We’ve been knocking the lines out quickly but they’ve been steady, too.” Pot …

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Andrew Cuomo To Push For Legal Weed Early In 2019

ABC News New York reports: New York Governor Cuomo announced that he would push to legalize recreational marijuana early next year. He made the announcement as he laid out the upcoming legislative agenda for the first 100 days of 2019 at the New York City Bar Association on Monday. New York would join 10 other states and Washington, D.C. have …

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MICHIGAN: Legal Marijuana Use (But Not Sales) Begins

The Detroit Free Press reports: At 12:01 a.m. Thursday, Michigan turned green and became the 10th state in the nation to legalize marijuana for adult recreational use. But the old saying, “Smoke ’em if you got ’em,” carries many, many caveats. Marijuana won’t be commercially available for sale until state regulators draft rules and regulations for the recreational market. They …

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MASSACHUSETTS: Long Lines As Legal Pot Sales Start

The Boston Globe reports: Hundreds of customers hoping to purchase marijuana on the first day of recreational sales in Massachusetts were waiting for hours in long lines Tuesday, despite the cold temperatures and rainy, overcast weather. At the New England Treatment Access shop in Northampton, the wait time as of 11 a.m. appeared to be around two and a half …

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Dem Rep. Joe Kennedy: Legalize Marijuana Nationwide

Democratic Rep. Joe Kennedy writes for STAT News: Legalization would restore the federal government’s ability to regulate a powerful new industry thoroughly and thoughtfully. It would allow us to set packaging and advertising rules, so marketing can’t target kids. It would help set labeling requirements and quality standards, so consumers know exactly what they’re buying. It would ensure that we …

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Marijuana Stocks Spike Upon News Of Sessions’ Firing

CNBC reports: Shares of major marijuana companies rallied after Attorney General Jeff Sessions resigned Wednesday after months of public criticism from his boss, President Donald Trump. Canada-based Tilray closed up 30 percent while Canopy Growth and Aurora Cannabis rose 8.1 percent and 9 percent respectively. Cronos Group added 8.4 percent. “You’re happy if you’re long the cannabis stocks. He was …

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MEXICO: Supreme Court Inches Towards Legalizing Pot

Axios reports: Another U.S. neighbor is moving closer to approving the use of recreational marijuana after a ruling from Mexico’s Supreme Court last week that establishes a precedent for courts across the country. Fernando Belaunzarán, a former Mexican congressman and drug legalization activist, told Axios that the court’s ruling that three plaintiffs must be allowed to use marijuana recreationally provides …

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CANADA: Legal Marijuana Sales Begin [VIDEO]

Business Insider reports: Marijuana sales officially began in Canada on Wednesday, making it the first G7 country — and the second country in the world after Uruguay — to legalize the drug for all adults. Prime Minister Justin Trudeau campaigned on a promise to legalize marijuana, and his Liberal government delivered in the form of Bill C-45, otherwise known as …

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Marlboro Maker In Talks To Buy Canadian Pot Company

Business Insider reports: Aphria, a Canadian-based cannabis producer, rallied more than 16% Wednesday after a report said that Altria, the maker of Marlboro cigarettes, was in talks to buy a minority stake in the company, the Globe & Mail reported, citing unidentified people familiar with the matter. According to the Globe & Mail, Altria has expressed an interest in acquiring …

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CANADA: One Week Away From Legalized Marijuana

The Associated Press reports: Mat Beren and his friends used to drive by the vast greenhouses of southern British Columbia and joke about how much weed they could grow there. Years later, it’s no joke. The tomato and pepper plants that once filled some of those greenhouses have been replaced with a new cash crop: marijuana. Beren and other formerly …

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Homocon Peter Thiel’s Pot Company Now Worth $23B

The New York Post reports: Big pot has finally achieved big market cap. Shares of Peter Thiel-backed marijuana grower Tilray soared more than 60 percent on Wednesday, hitting a market value of $22.8 billion, as bullish comments from the company’s chief executive stoked Wall Street’s growing euphoria over the budding business of legalized marijuana. Shares of the Canada-based weed farmer …

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