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What does the SAFE Banking Act Mean for the Cannabis Industry?

What does the SAFE Banking Act Mean for the Cannabis Industry?

Cannabis in the News, Cannabis Law, Cannabis Market, Cannabis Normalization, Legislation

What does the SAFE Banking Act Mean for the Cannabis Industry? One of the main changes on the horizon that many in the cannabis industry are eagerly anticipating is the passing into federal law of the SAFE Banking Act, which seems more likely now that it made it...
The Impact of Federal Legalization on the Cannabis Industry

The Impact of Federal Legalization on the Cannabis Industry

Cannabis in the News, Cannabis Law, Cannabis Legislation, Cannabis Market, Legalization, Legislation

The Impact of Federal Legalization on the Cannabis Industry Both Colorado and Washington voted to legalize recreational consumption of cannabis back in 2012. Several states followed in the 2016 election and several more in the recent November 2020 presidential...
New Mexico Poll Shows State Wants Cannabis Legalization

New Mexico Poll Shows State Wants Cannabis Legalization

Cannabis in the News, Cannabis Law, Cannabis Legislation, Cannabis Normalization, Legalization

New Mexico Poll Shows State Wants Cannabis Legalization A new Journal Poll conducted by Research & Polling Inc. just published their results and the final numbers show that New Mexico’s residents want cannabis legalization. In specific, when asked if they would...
Chicago Cannabis Coordinator Announces Policies before Recreational Sales

Chicago Cannabis Coordinator Announces Policies before Recreational Sales

Cannabis in the News, Cannabis Law, Cannabis Market, Legalization

Chicago Cannabis Coordinator Announces Policies before Recreational Sales The cannabis coordinator of Chicago, Paul Stewart, came out ahead of recreational sales to announce the policies around recreational cannabis in the city. Recreational sales are scheduled to...

HISTORIC: A bill to end marijuana prohibition just passed

Cannabis in the News, Cannabis Law, Cannabis Legislation, Cannabis Normalization

HISTORIC: A bill to end marijuana prohibition just passed Today the House Judiciary Committee just approved the MORE Act on a bipartisan vote of 24-10, legislation that you and tens-of-thousands advocated for by sending messages, making phone calls, and meeting with...
Bill to End Federal Cannabis Prohibition to Enter Judiciary Committee

Bill to End Federal Cannabis Prohibition to Enter Judiciary Committee

Cannabis in the News, Cannabis Law, Cannabis Legislation, Cannabis Normalization, Legalization, Legislation

Bill to End Federal Cannabis Prohibition to Enter Judiciary Committee A bill to end the federal prohibition of cannabis and remove it from the Controlled Substances Act (CSA) is set to enter the Judiciary Committee for a vote this week. The Marijuana Opportunity...
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HempFusion TSX CBD Hemp Stocks

Risk of Prosecution for Marijuana-Related Companies.  If you are considering investing in a company that is connected to the marijuana industry, be aware that marijuana-related companies may be at risk of federal, and perhaps state, criminal prosecution.  The Department of Treasury recently issued guidance noting: “ The Controlled Substances Act (“CSA”) makes it illegal under federal law to manufacture, distribute, or dispense marijuana.  Many states impose and enforce similar prohibitions.  Notwithstanding the federal ban, as of the date of this guidance, 20 states and the District of Columbia have legalized certain marijuana-related activity.”

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