Cannabis Stocks Archives - Page 14 of 16

MondayApr 22, 2024 10:00 am

North Dakota Group Files Recreational Cannabis Legalization Ballot Measure

Earlier this week, a group in North Dakota filed a ballot measure petition to legalize recreational marijuana in the state. The measure would permit individuals aged 21 years and older to buy products from registered marijuana establishments in the state and possess small amounts of marijuana. For the measure to qualify for the November ballot, the group will have to collect 15,582 signatures from eligible voters by July 8, 2024. In a release, the New Economic Frontier stated that the proposal would promote economic growth in North Dakota and reduce the burden on the criminal justice system. This committee is…

FridayApr 19, 2024 10:00 am

Ipsos Poll Suggests Cannabis, Abortion Ballot Measures Not Certain of Success in Florida

A recently conducted Ipsos poll has found that one-half of Floridians would vote to approve an abortion ballot initiative. The poll included 316 independents, 264 Democrats, and 369 GOP members. It was carried out April 5–7, 2024, with a margin of error of 4.1%. The survey include more than 1,000 adults in Florida, determining that 16% of them were unsure of their positions and/or hadn’t registered to vote. An additional one-third revealed that they were against the amendment on abortion. The poll also found that 49% of Floridians were in favor of a cannabis amendment. Those championing for recreational cannabis…

WednesdayApr 17, 2024 10:00 am

Six Quick Facts About Cannabis and Americans

The possession and use of cannabis is illegal under federal law in the United States. Despite this, many states across the country have legalized the drug for recreational or medical purposes. This comes as public support for legalization continued to increase. Below are some facts about cannabis in the United States, based on recent data. Almost 90% of Americans want cannabis to be legalized for recreational or medical use. A survey conducted by Pew Research Center in January found that 88% of adults in America think cannabis should be legal for recreational or medical use. More than 50% live in…

MondayApr 15, 2024 10:00 am

Cannabis Industry Perplexed as Feds Seize Marijuana from State-Legal Businesses

In the last two months, federal officials have seized hundreds of pounds of cannabis intended for retail sale from state-licensed businesses in New Mexico. This is in addition to detaining workers in the industry in what appears to be an escalation of enforcement of prohibition at the national level. This is despite the fact that the federal government has thus far avoided interfering with the implementation of legalization laws at the state level. Reports from cannabis businesses in the state show that more than 12 seizures by U.S. Customs and Border Protection (CBP) have occurred, particularly at checkpoints inside the…

FridayApr 12, 2024 10:00 am

Court Overturns New York’s Cannabis Advertising Ban

Last week, an Albany judge overturned New York’s rules on marijuana advertising and marketing. In his ruling, Judge Kevin Bryant stated that the rules were a violation of free speech and commerce. This ruling throws the state’s already struggling legal marijuana industry into confusion. In 2023, the state was prevented from issuing licenses to new marijuana shops for months, which left many shops unopened and allowed unlicensed retailers to operate across the city. In his 13-page ruling, Judge Bryant explained that the Office of Cannabis Management (OCM) published regulations outlawing marketing and promotions on third-party platforms with no evidence to…

WednesdayApr 10, 2024 10:00 am

Germans Turn Up Heat in Demanding Adult-Use Cannabis Sales Regulations

Legislators in Germany are focused on creating a pilot program for the commercial sale of marijuana. This comes after the country legalized the possession and cultivation of marijuana for personal use last week. Under the new law, social clubs where individuals could join and acquire cannabis are set for launch in July. In its statement, the Federal Ministry of Health stated that preparation work on the next pillar of the marijuana laws was underway with relevant departments. He also noted, however, that no specifics cold be shared at the time. Karl Lauterbach, the health minister who has championed for marijuana…

MondayApr 08, 2024 10:00 am

Poll Finds 60% of Americans Want Cannabis Homegrow Allowed

A new poll has found that almost every three in five individuals in the United States are in favor of home growing marijuana. The poll, which was commissioned by Royal Queen Seeds, found that more than 60% of cannabis consumers aged 21 years and older preferred to grow their own plants instead of purchasing marijuana. While this isn’t the first or second poll that observed strong support for cannabis legalization overall, it is one of the few that looked into preferences on home growing. In its findings, the survey determined that 59% of grownups believed individuals should have the right…

FridayApr 05, 2024 10:00 am

Germany Becomes Largest EU Country to Legalize Adult-Use Cannabis

Earlier this week, cannabis campaigners in Germany celebrated as the country legalized the recreational use of the drug and its possession in small amounts. The decision, which comes amid objections from law enforcement officers and doctors, makes Germany the third nation in the European Union to legalize marijuana for personal use after Luxembourg and Malta. The law was approved by the current coalition of the probusiness Free Democrats, the Greens, and Chancellor Olaf Scholz’ Social Democrats. This is despite opposition from the Christian Democrats and some federal states in the country. Friedrich Merz, leader of the center-right Christian Democrats, vowed…

WednesdayApr 03, 2024 10:00 am

Congressional Lawmakers Urge AG to End Current Legal Limbo, Issue ‘Overdue’ Cannabis Guidance

Congressional legislators recently forwarded a letter to the attorney general (AG), urging him to issue guidance on federal cannabis enforcement in an effort to stave off interference in state marijuana programs. The letter, penned by Congressional Cannabis Caucus cochairs Representatives Barbara Lee and Earl Blumenauer, stated that the department of justice needed to correct this oversight and issue a memo clarifying that its resources wouldn’t be used to prosecute parties acting in accordance with tribal or state law. It has been more than five years since former AG Jeff Sessions revoked the previous memos that directed prosecutors to not interfere…

MondayApr 01, 2024 10:00 am

Canadian Law Review Panel Recommends Allowing Cannabis in Pharmacies

A panel reviewing Canadian law on adult-use marijuana has recommended that pharmacy access be enabled for medical cannabis. This comes after Shoppers Drug Mart, the biggest pharmacy chain in the nation, requested that pharmacies be allowed to sell medical marijuana products. By doing so, patient concerns on product shortages and delays in delivery could be addressed. Additionally, enabling this access would allow patients to freely consult with pharmacists on side effects and drug interactions at their own convenience. The Cannabis Act, which legalized recreational marijuana, established a legal framework for producing, distributing, selling and possessing marijuana across Canada. The panel,…