While I analyze the entire legal marijuana industry—both U.S. and Canadian pot stocks—there’s a fundamental difference between the two. The simple fact is that what’s good for U.S.-based pot stocks may actually be bad for Canadian weed stocks, and vice versa. As a marijuana stock investor, it’s important to understand what those opposing forces are and how […]
marijuana legalization
As Marijuana Legalization Advances In The D.C. Region, Lawmakers Focus On Racial Equity
When talk of legalizing marijuana at the state level started a decade ago, many advocates and lawmakers were focused on how the programs would work and how much revenue they’d bring in. Now, those conversations have shifted: how can the programs and revenue work for Black and brown communities that have been most impacted by […]
New Mexico Senate takes up recreational marijuana legalization after House passage
Efforts to legalize marijuana in New Mexico took center stage Saturday as a state Senate panel considered creating a taxed and regulated market for recreational sales amid significant support among lawmakers. The Senate consideration came after a legalization measure passed the state House on Friday night with a 39-31 vote. The situation marks a tantalizing […]
Virginia joins 15 other states in legalizing marijuana
The Virginia Legislature approved adult-use marijuana legalization Saturday in a historic vote marking the first state in the Old South to embrace full legalization. The House passed the measure in a 48-43 vote, and the Senate approved it in a 20-19 vote. Not a single Republican voted for the bill in either chamber. “This, to me, […]
Bipartisan bill to legalize marijuana introduced in Pennsylvania Legislature
Marijuana legalization will get another chance in the Pennsylvania Legislature thanks to a new bipartisan bill. State senators Dan Laughlin (R-Erie) and Sharif Street (D-Philadelphia) this week introduced a bill that would allow those over the age of 21 to buy and use marijuana and expunge the convictions of those sentenced for non-violent marijuana-related offenses. […]
Speaker McCutcheon says House will take its time with medical marijuana bill in Alabama
A bill to legalize and regulate medical marijuana in Alabama is now in the hands of the House of Representatives, where it will go through an extra step before coming up for a vote. House Speaker Mac McCutcheon said today the House will send the bill through both the Judiciary and Health committees. It’s rare […]
Marijuana bills in flux as Virginia’s legislative session nears end
An effort to legalize marijuana in Virginia is coming down to the final days of the General Assembly session, as House and Senate negotiators try to reconcile competing plans. Gov. Ralph Northam (D) called for legalization in November, following the release of a study that found sales could generate up to $300 million in tax […]
Montana Legislature considers recreational marijuana bills
Montana lawmakers are considering a range of bills that would make changes to I-190, the citizen-led initiative approved by voters in November that OK’d recreational marijuana in Montana. The bills cover a variety of topics, like how and where marijuana can be grown, when dispensaries can apply for recreational licenses and if and how dispensaries […]
Mexico Could Soon Become the Largest Legal Marijuana Market in the World
When a crew of cannabis activists reached the Mexican Senate here in Mexico City in February 2020, shovels in hand, they started digging up the yellow-tipped bushes near the security check, then the knee-high grass that surrounds the plaza. They planted skinny cannabis stalks, and smokers dropped their own cannabis seeds into a glass jar, […]
New Jersey Stops Marijuana Arrests, Ends Pending Prosecutions
New Jersey Attorney General Gurbir Grewal has ordered an immediate end to marijuana arrests and pending prosecutions while telling courts to set aside convictions before this week, when Governor Phil Murphy signed legalization bills. Weed still can’t be sold legally, as the state must set up distribution, licensing, taxation and other rules, which will take […]
