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U.S. Virgin Islands Legalizes Cannabis

U.S. Virgin Islands Legalizes Cannabis

Cannabis in the News, Legalization, Trending

U.S. Virgin Islands Legalizes Cannabis The U.S. Virgin Islands this week passed legislation to legalize cannabis for adults, bringing the number of states and territories in the United States that have legalized recreational marijuana to 25. Governor Albert Bryan Jr....
Cannabis stocks soar after President Biden signs cannabis research bill

Cannabis stocks soar after President Biden signs cannabis research bill

Cannabis in the News, Trending

Cannabis stocks soar after President Biden signs cannabis research bill The bill named Medical Marijuana and Cannabidiol Research Expansion Act cleared the House in April and unanimously approved by the Senate in November. SAFE Banking Act, if approved then will...
Overwhelming Majority Of GOP Voters Support Medical Cannabis

Overwhelming Majority Of GOP Voters Support Medical Cannabis

Cannabis in the News, Legalization, Trending

Overwhelming Majority Of GOP Voters Support Medical Cannabis Support for legal cannabis, including companies having access to banking services and U.S. capital markets, reached a new high among Republican voters, according to a new national poll released today. Most...
Cannabis friendly vacation rentals gaining in popularity

Cannabis friendly vacation rentals gaining in popularity

Cannabis in the News, Trending, Uncategorized

Cannabis friendly vacation rentals gaining in popularity A niche corner of the travel industry is getting increasingly popular among tourists who want to experience a cannabis friendly getaway. As marijuana use becomes more widely accepted, travelers can go to...
Cannabis banking bill and retirement package both could actually pass Congress this year

Cannabis banking bill and retirement package both could actually pass Congress this year

Cannabis in the News, Cannabis Market, Legalization, Trending

Cannabis banking bill and retirement package both could actually pass Congress this year It has been a long road for Washington’s cannabis banking bill and an unrelated measure targeting the U.S retirement system. Now both legislative packages have decent or even...
Top 5 cannabis startups to watch in 2022

Top 5 cannabis startups to watch in 2022

Cannabis in the News, Cannabis Market, Trending

Top 5 cannabis startups to watch in 2022 With sweeping legalization, approval of the 2018 Farm Bill legalizing hemp at the federal level, and a greater cultural acceptance of cannabis use, the industry has taken off over the last decade. Everyone from beauty brands...
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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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