Marijuana Politics

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Tue
06
Jun

Florida Lawmakers Fight to Include Medical Marijuana Bill in Special Legislative Session

Earlier this year, Florida legislators debated a bill that would expand the state's medical marijuana program, providing a wider range of cannabis treatments to a larger number of patients. Although most lawmakers supported the bill in some form, the two chambers of the Florida legislature were unable to agree on the details of the bill before the legislative session ran out.

Tue
06
Jun

Uruguay Sets Path for Canada on Marijuana Legalization Within International Treaties

Uruguay‘s envoy to Ottawa says his small South American country has opened up some breathing room for marijuana legalization within international treaties that have outlawed recreational pot for decades.

Ambassador Martin Vidal credits his country, the first to legalize recreational cannabis at a national level, as something of a trailblazer for countries like Canada that are planning to embark on the same path.

Tue
06
Jun

How Many of These DEA 'Cannabis Slang' Terms Do You Know?

DEA Administrator Chuck Rosenberg has made it abundantly clear that he believes medical marijuana is “a joke.”

Tue
06
Jun

Arkansas Expecting 20000-40000 Medical Marijuana Patient Applications

Arkansas officials are anticipating that between 20,000 and 40,000 people will ask for permission to obtain medical marijuana.

The state Health Department’s chief lawyer, Robert Brech, told a joint meeting of the Senate and House Public Health Committee on Monday that running Arkansas’ medical marijuana program will cost about $1.5 million over the next year.

Medical marijuana registration cards will cost about $50. Under the proposed rules, an Arkansas driver’s license or state ID will be required to obtain one.

Arkansas’ population is about 3 million people. According to Connecticut Department of Consumer Protection spokeswoman Lora Rae Anderson, there are 18,232 medical marijuana patients in that state. Connecticut has a population of about 3.6 million.

Tue
06
Jun

How Nevada's New Marijuana Laws Will Affect You

As Nevada nears the expected July 1 start date for its emergent recreational marijuana program, Republicans and Democrats put the finishing touches on the laws that will shape the state's marijuana future for the next two years. 

Tourists still have nowhere to smoke since the public consumption bill died, medical users still can't buy guns and opioid addiction cannot be treated with cannabis despite Democrats' best efforts.

All in all, though, marijuana advocates walked away from this year's session with a lot of wins. Here is how marijuana will be taxed, labeled, regulated and how it's going to affect you. 

Pot tax

Mon
05
Jun

Montana preparing to collect 1st medical marijuana tax

State revenue officials are working on the roll-out of the latest medical marijuana program with a tax on the drug — the first of its kind in the state — which could increase the agency's capacity for handling cash.

Legislators passed SB333 this spring, adding a number of regulations to the program. That includes a gross sales tax that providers will start putting on the books on July 1.

The tax will be 4 percent of gross sales from July 1, 2017, to June 30, 2018. After that the tax will be 2 percent.

Mon
05
Jun

Medical marijuana left out of Florida's special legislative session

This week's special legislative session focused on funding for education and economic development won't include medical marijuana, at least for now.

House and Senate leaders remained hopeful that they could strike a deal on the framework for carrying out a voter-approved constitutional amendment that broadly legalizing medical marijuana. But if they don't reach agreement before the special session ends, the Legislature is unlikely to take up the issue later this summer, according to a top senator.

Gov. Rick Scott, Senate President Joe Negron and House Speaker Richard Corcoran announced Friday they had agreed on the parameters of a three-day special session, slated to start Wednesday, to address education and economic-development issues.

Mon
05
Jun

An upstart New York mayoral candidate is calling out Bill de Blasio's

An upstart New York mayoral candidate is calling out Bill de Blasio’s 'baffling claim' that the city has ended marijuana arrests June 2, 2017

Robert Gangi, an activist who’s challenging Bill de Blasio for the Democratic nomination, wants to decriminalize marijuana in New York City.

An upstart challenger for the New York City mayor’s office is calling out Bill de Blasio’s “baffling” claim that the city has ended marijuana arrests — and he’s pushing for the city to decriminalize possession of the drug.

Mon
05
Jun

Will the marijuana industry really be bigger than the NFL by 2020?

Despite declining TV ratings for National Football League (NFL) games, football remains the most popular sport among Americans. It's also a big industry, with the NFL generating estimated revenue of around $14 billion last season.

Another industry could soon eclipse the NFL, though, if projections from research companies Arcview Market Research and GreenWave Advisors are on target. Both Arcview and GreenWave think that the marijuana industry will be bigger than the NFL by 2020. Could this really happen -- and, if so, what are the best stocks for investors to profit from the trend?

Mon
05
Jun

California closer to being a 'sanctuary state' for marijuana

The California State Assembly on Thursday evening passed legislation that would make Cali a ‘sanctuary state,’ and prohibit state and local agencies from using resources to assist federal law enforcement authorities against people in compliance with state law.

The successful Assembly floor vote means the bill has cleared its first house, before the Friday deadline, and now heads to the State Senate to be heard by the Senate Public Safety Committee.

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