Cannabis Legalization News

American shoppers will take to malls, warehouses and brick-and-mortar outlets Friday for what has long been one of the most lucrative days for retail companies across the country.

Cards Against Humanity has decided to cooperate with the Marijuana Policy Project in advocating for cannabis legalization in Illinois.

Thousands of weed users lined up at pharmacies across the country on Wednesday to buy cannabis legally, as new rules for cannabis sales took full effect.

Cannabis, Accreditation, Regulation, and Education (CARE) is a new program created to properly educate all specialists that work with weed. It includes three-day workshops and online courses designed specifically for people working in dispensaries, medical marijuana doctors, and other industry professionals.

The legalization of cannabis has helped the states where it has been allowed in many ways. From the revitalization of the economy and creating new jobs to fighting the opiate crisis, the weed industry has made the lives of thousands of people much better. Now, a new report shows that Colorado, where both medical and recreational cannabis are absolutely legal, has the lowest unemployment rate in the U.S.

The majority of marijuana smokers in Europe still add tobacco to their joints, according to the latest global survey. In contrast, only eight percent of American respondents choose this dangerous way of smoking.

The cannabis industry is flourishing in all states where the substance has become legal. Big corporations are not the only ones that expand their presence in the legal marijuana market; small entrepreneurs and startups also benefit from this developing segment. For instance, weed companies in Oregon can now boast of attracting millions of dollars for the manufacture and distribution of marijuana products and services.

Leading cannabis companies in Canada invest money and expertise in startups in exchange for an equity stake and a share of future production. Is it good for the cannabis industry?

Michael Straumietis, the CEO of the famous Advanced Nutrients, who is also known as the Marijuana Don, has recently donated more than $100K worth of goods to 2,000 homeless people. His charity, Holiday Heroes, engaged 75 volunteers in making it happen during Easter weekend.

In the United States, tax revenue is the major source filing both federal and local budgets. It is a quite common thing for an entrepreneur to think they pay too much taxes. But when it comes to a marijuana-related business, it is more likely to be true. Not only did certain states impose excise taxes on cannabis businesses, but also federal marijuana tax laws are not exactly business-friendly. So the question is, what can you do to pay less taxes without breaking the law?

Though the medical marijuana industry is booming in the legal American states, it has still been difficult to invest in the cannabis companies. Fortunately, a Canadian fund that has recently opened on the Toronto Stock Exchange will allow you to do it in the comfort of your home.

On April 11, the Nevada Legislature heard a bill, according to which marijuana manufacturers would be able to combine medical and recreational products. As of right now, they have to divide their products into two groups as taxes are different.

Have you heard about the biggest cannabis factory in Europe? No, it is not in the Netherlands! Switzerland has a king-size weed barn, and it is absolutely legal! Here you can learn more about this fascinating place and the recent tendencies in the development of the marijuana industry in the country.

Two communities in San Diego County, California, are going to open medical marijuana dispensaries in the near future. Currently, Lemon Grove and La Mesa communities are conducting all the necessary legal and administrative preparations to open these retail stores to the public.

There is great news for marijuana businesses based in Los Angeles. Earlier, the county voted against developing weed businesses. Moreover, it has had a ban on medicinal cannabis location for years. However, in a few months, Los Angeles is likely to become a number one spot for cannabis entrepreneurs.

ASTM International, a global group with more than a century of experience in voluntary guidelines, is going to develop cannabis industry standards.

Making economic predictions is quite difficult, especially when it comes to the cannabis industry. Even the slightest change in local of federal policies may cause significant changes in the industry in the long term. However, economists and analysts keep trying to understand how the booming marijuana business may look in a few years. The latest attempt was made by New Frontier Data, a Washington D.C.-based research company that focuses on the cannabis industry analysis.

On Thursday, four House members announced the formation of a new caucus—the Cannabis Caucus. One of the main goals of the newly created caucus is to defend states' rights to establish their local marijuana policies.

Last week, the Senate voted 52 to 47 to confirm Alabama Republican Senator Jeff Sessions as the new U.S. Attorney General. Since Jeff Sessions has always been vocal opponent of cannabis, it comes as no surprise that people in the cannabis industry feel threatened by his appointment. But is Jeff Sessions really that dangerous to the legal weed industry and thousands of medical marijuana patients?

Washington state is going to prohibit virtual transactions for marijuana companies. The main argument for this is that virtual currency is not transparent enough for the state lawmakers.