Tag Archives: marijuana

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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Fox News Guest: Weed Is Killing Americans Every Day

Mediaite reports: A Florida sheriff who appeared on Fox News this morning claimed — without evidence — that marijuana is both “killing people every day across the United States” and causing overdoses. After co-host Brian Kilmeade seethed about the supposed extreme addictiveness of weed — based on anecdotal evidence from his “friends” — the sheriff called use of the drug …

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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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Coca-Cola In Talks To Produce Pot-Infused Drink

Bloomberg reports: The world’s largest beverage company may be the next industry giant to jump into the cannabis drinks business. Coca-Cola Co. says it’s monitoring the nascent industry and is interested in drinks infused with CBD — the non-psychoactive ingredient in marijuana that treats pain but doesn’t get you high. “We are closely watching the growth of non-psychoactive CBD as …

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US Border Official: Canadians Who Work In Legal Pot Industry Will Be Banned From US As Drug Traffickers

Politico reports: Canadians who work in the marijuana industry — and those who invest in the booming pot sector — risk a lifetime ban on travel to the U.S., according to a senior official overseeing U.S border operations. As Canada prepares to become the world’s only major industrialized nation to legalize retail marijuana sales starting Oct. 17, the Canadian cannabis …

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Palm Springs Area To Get Massive “Weed Campus”

The Desert Sun reports: On Ramon Road in Cathedral City, beams and walls are beginning to frame a structure so big, you could rebuild the Palm Springs Convention Center on top of the same footprint and still have space to spare. This is the future home of Sunniva, a Canada-based medical cannabis company that plans to grow, process and sell …

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New York State Moves Closer To Legalizing Marijuana

The New York Post reports: Gov. Andrew Cuomo on Thursday named several close allies and aides to a new panel he is convening to draft legislation that would result in the legalization of recreational marijuana. “I have reviewed the multi-agency report commissioned last January and have discussed its findings with Health Commissioner Dr. Howard Zucker,” Cuomo said in a statement. …

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NEW YORK CITY: Manhattan District Attorney Unveils End To Most Marijuana Arrests Starting Tomorrow

Via press release: Manhattan District Attorney Cyrus R. Vance, Jr., today released the D.A.’s Office’s new policy to decline to prosecute marijuana possession and smoking cases, effective tomorrow, August 1. The policy, which is included below, is expected to reduce Manhattan marijuana prosecutions from approximately 5,000 per year to fewer than 200 per year, a 96% reduction. “Every day I …

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New Jersey Suspends All Marijuana Prosecutions

NewJersey.com reports: In a move that will affect thousands of defendants and millions of residents, New Jersey’s attorney general has announced an immediate adjournment of all marijuana cases in municipal courts statewide until at least September. In a letter to prosecutors obtained exclusively by NJ Advance Media, New Jersey Attorney General Gurbir Grewal wrote that he was asking “that all …

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Vermont Becomes Ninth State To Legalize Marijuana

The Burlington Free Press reports: As of today, recreational use of marijuana is legal in Vermont — within boundaries of some clear and not-so-clear rules. Vermont becomes the ninth state to legalize marijuana and the first state to do so through its state legislature. Gov. Phil Scott signed the law in January with “mixed emotions.” But authorities can’t answer some …

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Canada Legalizes Recreational Marijuana Nationwide

The BBC reports: Canada’s parliament has passed a law legalising the recreational use of marijuana nationwide. The Cannabis Act passed its final hurdle on Tuesday in a 52-29 vote in the Senate. The bill controls and regulates how the drug can be grown, distributed, and sold. Canadians will be able to buy and consume cannabis legally as early as this …

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CANADA: House Of Commons Votes 205-62 To Legalize Recreational Pot, Bill Now Goes To Senate [VIDEO]

CBC News reports: The Liberal government’s bill to legalize recreational marijuana has cleared another vote in the House of Commons — but it still has to get a final stamp of approval from an unpredictable Senate before it can become law. The Senate had proposed 46 amendments to The Cannabis Act but the Liberal government rejected several major ones last …

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Trump Floats Support For End To Federal Ban On Pot

USA Today reports: President Donald Trump said Friday he’d likely support a bipartisan bill that would end the federal ban on pot and defer to states’ laws on marijuana legalization — a break from Attorney General Jeff Sessions stance on cannabis enforcement. Trump told reporters he “probably will end up supporting” the bill, which Sens. Cory Gardner, R-Colo., and Elizabeth …

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