Search Results for: Redfund

As the countdown to the end of this legislative session in New York State enters the final stages, plans to legalize recreational marijuana have been revived with the possibility of a vote on the matter this week. While momentum to get recreational weed legal appeared to fade once lawmakers in New Jersey announced that they … Continue reading “420 with CNW – New York Legislators Could Vote on Cannabis Legalization This Week”

A Congressional research body has released a report whose findings bring into question a common assumption which has always been made by legislators that the legalization of marijuana leads to more accidents on roads due to impairment. The experts, who were instructed by Senate and Congress to study the issue of impaired driving, didn’t find … Continue reading “420 with CNW – Congressional Report Raises Issues on Marijuana Impaired Driving”

Banking associations from all the 50 states across the U.S. have written a letter to the Senate Banking Committee to pass and advance the bipartisan bill before it seeking to protect financial institutions from federal penalties for doing business with licensed marijuana businesses. In their letter delivered on April 20, the state banking associations observed … Continue reading “420 with CNW – 50 State Banking Associations Urge Congress to Act on Marijuana Banking”

Medical marijuana provisioning centers (dispensaries) have started delivering medical cannabis to the front doors of patients who order for products online. Utopia Gardens LLC, based in Detroit, was the first dispensary to take advantage of the legal changes permitting medical cannabis delivery. Donnell Cravens, the manager of Utopia Gardens, explains that home delivery was a … Continue reading “420 with CNW – Medical Cannabis Home Delivery Service Begins in Michigan”

Confident Cannabis, a cannabis wholesale platform, has raised $12m to bring its total capitalization to more than $18m from their inception. The new funding is intended to enable the company to expand its operations into new territories across the country. The Series A funding round was led by Poseidon Asset Management, a cannabis venture capital … Continue reading “420 with CNW – Confident Cannabis Raises $12M for Nationwide Expansion”

The growing discontent among companies that weren’t selected to receive one of the marijuana business licenses issued by the State of Nevada has grown to an extent of lawsuits being filed against the tax department. A dozen companies have gone to court and want the state to be stopped from issuing more licenses until court … Continue reading “420 with CNW – Nevada Dragged to Court Over the Issuance of Marijuana Licenses”

The Judiciary Committee in Connecticut’s Assembly has also approved a bill that will pave the way for marijuana legalization. This is after the General Law Committee also approved a bill on cannabis legalization. The move to legalize recreational cannabis in Connecticut is still in its early stages, and the legislators have opted to draft different … Continue reading “420 with CNW – Another Connecticut Legislative Committee Approves Cannabis Legalization”

The Impaired Driving Safety Commission, a body that was set up by Michigan’s Governor, has recommended that the state should not set any threshold for the THC content in someone’s blood before that person is regarded as being impaired while driving. This six-member panel was mandated to find a scientifically-backed limit for THC in blood … Continue reading “420 with CNW – Michigan Commission Advises the State to Avoid Setting THC Impairment Limit for Drivers”

When Minnesota legalized medical cannabis in 2014, a task force was established to evaluate the medical cannabis program and report back to the state. However, numerous complaints about the operation and effectiveness of this task force have arisen. Representatives of patients, law enforcement agencies, the medical community, lawmakers and other stakeholders make up this task … Continue reading “420 with CNW – Complaints about the Minnesota Medical Cannabis Task Force Increase”

A committee of the Idaho State Assembly has approved funding so that the state police can buy the equipment needed to test whether a given plant is industrial hemp or marijuana. This plan comes after the police seized a semitrailer carrying what the arresting officer thought was marijuana while the driver and his employer insisted … Continue reading “420 with CNW – Idaho Police to Procure Equipment That Distinguishes Cannabis from Hemp”