Federal protections for state and territorial cannabis markets don’t apply to Native American tribes. In a high mountain valley near Taos, N.M., the 300-person Picuris Pueblo tribe can farm whatever they want — except for one lucrative crop that is legal to grow everywhere else in the state: marijuana. The Picuris are a poor tribe […]
SANTA FE, N.M. (AP) — Two tribal communities have been reassured they’ll be able to take part in New Mexico’s marijuana market opening in April without the threat of federal law enforcement interference on tribal land, according to agreements with state cannabis regulators signed on Friday. The agreements outline plans for cooperative oversight of cannabis […]
France tiptoes into the medical cannabis industry, but legalization needs to be implemented. The French government issued a decree last month that authorizes the cultivation of medical cannabis and the development of its industry. Although the decree entered into force on March 1, 2022, regulators need to implement it. The legislation only specifies the conditions […]
Costa Rica legalized medical marijuana Wednesday after a two-year debate, becoming the eleventh Latin American nation to take that step. Why it matters: The decision aims to bring investments to the small Central American country and reduce the illegal market, which has been growing in the past few years. Details: Costa Ricans interested in getting […]
January 13, 2022 – In many ways, 2021 was a banner year for the U.S. cannabis industry, largely thanks to continued legalization of adult-use cannabis at the state level. While the industry will face some of the same headwinds it did last year related to continued federal prohibition, 2022 promises to be another exciting year […]
Some cannabis tax revenue is going toward programs to aid communities harmed by the war on drugs. Illinois’s December cannabis sales broke monthly sales records with $137.9 million sold—and cannabis sales more than doubled sales over the prior 12 months. Monthly sales totals for all of 2021 published Monday by the Illinois Department of Financial […]
A court case winding its way through the federal appeals process could have serious consequences for the U.S. cannabis industry—and could pave the way for Big Weed to overturn what little authority governments have to steer lucrative marijuana business opportunities toward people harmed most by the war on drugs. Along with jobs and tax revenue, […]
At this point, all the new German coalition government has said is that it would allow “the controlled sale of cannabis to adults for recreational purposes in licensed shops,” an announcement that has brought the cannabis market to new heights and raised serious concerns among other European countries. The proposal to establish a regulated market […]
Eight Stakeholders Discuss the Shift to Cannabis 2.0 and How the Industry Will Evolve The legal cannabis industry has rapidly developed, but it is still a business in its nascent stages. Federal illegality and volatile capital markets create a challenging environment subject to frequent winds of change. Yet, operators are finding ways to compete, thrive […]
Three Democratic state senators said Tuesday they plan to propose a constitutional amendment that would legalize the sale of recreational marijuana in Iowa for people ages 21 and older. “Marijuana prohibition has been a costly failure,” said Sen. Joe Bolkcom, D-Iowa City. “It’s ending across America because it has caused far more harm than good.” […]
Will the rise of a more formal cannabis culture eat into wine’s dominance among future generations? For decades, cannabis’ edge over wine in coolness was blunted by the fact that it was illegal, unregulated and, by definition, a dead end for young, smart and ambitious career-focused types. For consumers too, the two intoxicants existed in […]
It’s the world’s most commonly cultivated, trafficked, and used drug; as the push for legalization at home and abroad grows, marijuana is garnering significant attention from investors, manufacturers, and researchers. Despite the plant being illegal under federal law as a Schedule I drug, the U.S. legal marijuana industry was estimated at $13.6 billion in 2019 […]
