Marijuana prohibition applies to everyone, including the sick and dying. Of all the negative consequences of prohibition, none is as tragic as the denial of medical marijuana to seriously ill patients who could benefit greatly from its use. This is why Michigan NORML took on the ...
Welcome to the latest edition of NORMLs Weekly Legislative RoundupWe the People
Some news from across the border to start off, this week Canada became the second nation to explicitly legalize the social use, possession, cultivation, and retail production and sale of cannabis. The new law will also include pardons of all criminal possession charges of less than 30 grams.
The U.S. Food and Drug Administration is seeking public comments specific to whether changes ought to be recommended regarding the international classification of cannabis as a controlled substance. Member....
MedMen Undertakes Largest Cannabis Acquisition In US History
MedMens network now holds cannabis licenses in 12 states; the combined companies will operate 79 facilities.
Can you say MedMen Monopoly? The companys already overly large footprint in the cannabis industry just outdid Big Foot with its acquisition of Illinois-based Pharmacann in a $682 million all-stock transaction.
MedMen facilities can now be accessed in New York, Pennsylvania, Maryland, Massachusetts, Ohio, Virginia, and Michigan and of course its home base California. MedMen currently has 14 high-end stores in California, Nevada, and New York.
As the race to become the biggest multi-state weed industry player heats up, the Pharmacann acquisition nearly doubles the size of M....
Analysis: Michigan legalization measure would generate $520 million in new tax revenue over five years
A recent study of the potential fiscal impacts of legalizing marijuana in Michigan found that passage of Prop 1 would generate over half a billion dollars in additional revenue for the state in the first five years of implementation. Read local coverage of the analysis here.
Much of the revenue generated from marijuana would be directed to Michigans roads, schools, and local communities, which are currently underfunded.
The report, conducted by marijuana policy consulting firm VS Strategies, made predictions based on a model that drew upon analysis of multiple data source....
Welcome to the latest edition of NORMLs Weekly Legislative Roundup
Three U.S. House bills gained new cosponsors this week. One to shield federal employees from being fired for state-legal marijuana Fairness in Federal Drug Testing Under State Laws Act use got two new cosponsors, for a total of seven. The one to respect state medical cannabis laws CARERS Act got one new cosponsor, for a total of 28. And another to require the licensing of more cannabis cultivators for research Medical Cannabis Research Act got one new cosponsor, for a total of 43.
At the state level, Calif....
Chart: Strong support for marijuana legalization ballot initiatives ahead of 2018 election
This has the possibility to be another banner year for the cannabis legalization movement, with up to six states potentially legalizing some form of cannabis by the end of 2018.
Vermont and Oklahoma already passed legalization measures earlier in the year, for recreational and medical marijuana, respectively.
Meanwhile, advocates in Missouri and Utah gathered enough signatures to get medical marijuana on the 2018 ballot, while voters in Michigan and North Dakota will decide the fate of recreational cannabis initiatives in November.
Heres an update on where support and fu....
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