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Biden Proposes Plan to Pay Hemp Farmers for Carbon

Biden Proposes Plan to Pay Hemp Farmers for Carbon

Cannabis in the News, Hemp, Legislation

Farmers across America are well-positioned to benefit from President Biden as he proposes his plan to pay hemp farmers adopting carbon farming practices on their farms. This proposal comes as part of President Biden’s commitment to half the United States’...
South Dakota Supreme Court and Amendment A – What’s Next?

South Dakota Supreme Court and Amendment A – What’s Next?

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

South Dakota recently voted to legalize adult recreational consumption of cannabis. The amendment, which was titled Amendment A, passed in the State Senate with a 52.4% majority. However, it was found to be unconstitutional by Circuit Judge Christina Klinger due to a...
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...
Boston Braces for Colossal Crowds as First Cannabis Dispensary Opens

Boston Braces for Colossal Crowds as First Cannabis Dispensary Opens

Cannabis in the News, Cannabis Market, Legislation

Boston Braces for Colossal Crowds as First Cannabis Dispensary Opens BOSTON (AP) — The first recreational marijuana shop opened Monday in Boston, where owners are bracing for large crowds. Pure Oasis owners Kobie Evans and Kevin Hart say they’re preparing for up to...
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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  • Innocan Pharma Announces Filing of a Patent Application for Hair Loss Prevention July 28, 2021
  • Global Cannabidiol Market Size Expected to Reach $2.8 Billion by 2028 July 28, 2021
  • RocketFuel Introduces Crypto Payment Solution for Cannabis July 28, 2021
  • Tilray Reports 2021 Fiscal Year and Q4 Results July 28, 2021
  • Should You Invest in AphriHelios? July 28, 2021
Best Cannabis Stocks 2021

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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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