Malta: A deeper look at the Global Medical Cannabis industry
Adam Shuster shares his thoughts on the benefits of a properly regulated medical cannabis market BH Synergy Group is a company founded on a rich, high tech, scientific background with years of experience in the vaccine world. Currently based in Israel with access to over 25 years of legal patient use, included clinical trials, they […]
Brazil: Brazilian Justice Approves Cultivating Medical Marijuana by 2019
Martin Green Brazil could begin cultivating medicinal marijuana this year after proposed legislation gained unanimous approval from the National Sanitary Surveillance Agency (Anvisa).It greenlighted a 60-day public consultation on whether the country should begin to produce cannabis for medical purposes and conduct research into this field. A draft framework for a domestic cultivation industry will […]
Illinois Senate: Marijuana Legalization Bill Approved
Kyle Jaeger The Illinois Senate voted to approve a bill to legalize marijuana on Wednesday, with just two days left to get the legislation to the governor’s desk before the current session ends. The bill would allow adults 21 and older to consume, possess and purchase certain amounts of cannabis for personal use, and seeks […]
Federal Reserve Presidents: Want Rules for Cannabis Banking
Marijuana Moment Three Federal Reserve Bank presidents united in a call on April 3, 2019, for clarity on rules for providing financial services to the marijuana industry. During a panel at the American Bankers Association Summit, the federal executives were asked about how financial institutions are expected to manage conflicting state and federal cannabis laws. […]
How Big Could the Marijuana Industry Grow?
One Wall Street firms thinks cannabis could leave the soda industry eating its dust. Having long been considered a taboo industry, cannabis is no longer. Last year, Canada became the first industrialized country in the world to legalize recreational weed, and just weeks later a handful of U.S. states gave the green light to medical […]
New Senate Bill Would Legalize Marijuana Nationwide
It would also expunge criminal records related to weed. Take Two For the second time, Senator Cory Booker announced a bill to make recreational marijuana use legal across the entire U.S. The Marijuana Justice Act, which Booker and Representatives Barbara Lee and Ro Khanna announced on Thursday, would not only legalize marijuana but also retroactively […]
New Jersey Inches Closer to Legalizing Marijuana Without Voter Referendum
There is consensus in the Garden State that marijuana should not be a crime but no agreement on how to legalize and regulate an enormous new market. New Jersey Inches Closer to Legalizing Marijuana Without Voter Referendum. The deal isn’t quite done. The details still needed to be hammered out. But it looks like New […]
Proposed Federal Legislation Could Open Major Exchanges to American Cannabis Companies
Extending The SAFE Banking Act To US Exchanges Could Bring Tens Of Billions In US Cannabis Company Market Capitalization To The US Guest post by David Wenger, General Partner at Purplerock Cannabis Partners The most promising near-term federal cannabis legislation is the “Secure And Fair Enforcement Banking Act of 2019,” also known as the “SAFE […]
Senator Files ‘420’ Marijuana Bill To Legalize It Federally
For the second time so far this year, marijuana legislation in Congress has been officially designated with the bill number 420. It seems to be an obvious nod to the increasingly mainstream cannabis culture from lawmakers on Capitol Hill. Sen. Ron Wyden’s (D-OR) proposal, S.420, would de-schedule marijuana by removing it from the Controlled Substances […]