Virginia’s Senate is moving forward with a plan that would legalize and regulate commercial marijuana sales in the state, advancing a bill from Sen. Aaron Rouse (D) on a voice vote Thursday afternoon. The second reading approval sets up the bill, SB 970, for a third reading and final floor vote, expected soon. Meanwhile, a […]
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Category: News
Kentucky Governor Personally Awards State’s First Medical Marijuana Cards And Pushes Congress To End Gun Ban For Patients
The governor of Kentucky has personally awarded the state’s first medical marijuana patient cards—and he’s also calling on the Commonwealth’s congressional delegation to advance legislation protecting their constitutional right to own firearms. During a briefing on Thursday, Gov. Andy Beshear (D) provided an update on the implementation of Kentucky’s medical cannabis law, ceremonially inviting a […]
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Marijuana ‘Sits At The Nexus’ Of Debanking Conflict Between Federal And State Laws, Congressional Researchers Say Ahead Of Senate Hearing
With a Senate committee set to take up the issue of debanking next week, congressional researchers have released a report detailing the subject—while making a point to address how the marijuana industry’s financial services access problem “sits at the nexus” of a state-federal policy conflict that complicates the debate. The Congressional Research Service (CRS) analysis […]
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Ohio: GOP Lawmakers Move To Roll Back State’s Voter-Approved Marijuana Legalization Law
Changes proposed by SB 36 include raising taxes on the retail sale of cannabis products, imposing new restrictions on home-cultivation,… Read more
Pennsylvania Lawmakers Approve Bill To Strengthen Medical Marijuana Testing Oversight
“I do think we need to continue making sure that people who are using the product, that we can ensure their safety.” By Chris Comisac, The Center Square Pennsylvania’s medical marijuana program has been around for nearly eight years, but the safety of cannabis has come into question due to recent studies, prompting state lawmakers […]
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New Maryland Bill Would Legalize Safe Drug Consumption Sites To Help Reduce Overdose Deaths
“It is one additional tool that we could employ to build trust among users and provide services to save lives.” By Logan Hullinger, Filter Urged on by the mayor at the epicenter of the nation’s overdose crisis, a Maryland lawmaker has launched a renewed bid to legalize overdose prevention centers (OPCs) statewide. On January 8, […]
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Washington’s Third Largest City Approves Psychedelics Decriminalization Policy
Leaders in Washington State’s third largest city have unanimously approved a resolution to deprioritize local enforcement of laws against psychedelics and support full decriminalization at the state and federal levels. The legislation—requested by Tacoma Mayor Victoria Woodards and Councilmembers Joe Bushnell, Olgy Diaz and Jamika Scott—declares “the investigation, arrest, and prosecution of anyone engaging in […]
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Bill Gates Talks About Using LSD And Smoking Marijuana In Unsuccessful Bid To Impress Girls
Microsoft founder Bill Gates says that while he wouldn’t recommend it, he experimented with LSD a half-dozen times and was partial to marijuana in his youth—in part because he felt it could help him impress girls. The multi-billionaire discussed his youthful adventures with various drugs in his new memoir, Source Code, that’s set to be […]
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The Main Reason Canadian Cannabis Stocks Are Falling
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 no longer send these by email as we did in […]
Cannabis REIT Reports Default Resolution
Innovative Industrial Properties Reports Resolution to Default by PharmaCann SAN DIEGO–(BUSINESS WIRE)–Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated U.S. cannabis industry, announced today that it has reached an agreement with PharmaCann Inc. and its affiliates (collectively, PharmaCann) to […]