Current federal tax policies are causing legal-market operators to become unprofitable, and these businesses are unlikely to find relief absent substantive legislative changes being made at a federal level. That’s the conclusion of a new study published by the...
Members of the US Senate Committee on Banking, Housing, and Urban Affairs will hear testimony tomorrow regarding S. 1323: the Secure and Fair Enforcement (SAFE) Banking Act, which seeks to normalize relations between state-licensed cannabis businesses and financial institutions....
We’ve been here before. In the third straight year of attendance at the New York marijuana rally, Senator Schumer vowed to pass the marijuana banking bill, SAFE Banking. He also promised to attached expungements and “social justice”.
“We will put...
Marijuana reform legislation continues to advance in several states. This week’s update highlights legislative developments in Florida, Maine, Maryland, Missouri, Nevada, New Hampshire, Ohio, Pennsylvania, Vermont, and Washington.
LEGALIZATION
New Hampshire
UPDATE: HB 639 and HB 360 were both previously passed members...
Democratic Gov. Jay Inslee has signed legislation (Senate Bill 5123) into law prohibiting employers from taking adverse actions against new hires because of a failed drug test for marijuana.
The new law, which takes effect on January 1, 2024, states,...
The United States government collected over $1.8 Billion in federal taxes in 2022 from cannabis. Compared to many other sectors in the states, this number is staggering. This excess is also forecasted to increase by another $300 million by...
The percentage of high school students who acknowledged having ever used cannabis or who say that they are current consumers has fallen significantly since 2011, according to data provided by the US Centers for Disease Control and Prevention.
According to...
1. Why were you motivated to apply to intern with NORML?
a. Lucy: Growing up in Texas, I witnessed firsthand the effects of the war on drugs and the detrimental impact that harsh, racially driven criminal penalties for marijuana possession...
Democrat Gov. Wes Moore signed legislation today implementing a voter-approved referendum legalizing the production, sale, and use of cannabis.
The measure (Senate Bill 516) permits existing medical cannabis dispensaries to apply (for a fee) for dual licensure to sell to...
Marijuana reform legislation continues to advance in several states. This week’s update highlights legislative developments in Alaska, California, Colorado, Louisiana, Maine, Minnesota, Missouri, Nevada, New York, Texas, and Vermont.
LEGALIZATION
Louisiana
UPDATE: HB 17 is scheduled for a hearing today in the...