All posts in "Legal"
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    Proposed Bill to Allow Banks to Accept Cannabis Deposits

    A document was recently released by the House Financial Services Committee in regards to the cannabis industry’s lack of access to banks. Congressional Democratic representatives are now examining the bill which would allow businesses to deposit their profits into banks. The document was created by several representatives including Warren Davidson of Ohio, Steve Stivers of […]

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      Revenue from Cannabis Tax in California Falls Short of Projections

      In 2018, the first year of regulated sales, California took in more than $345 million in tax revenue from the sale of legal cannabis. That’s almost two thirds less than the $1 billion in annual revenue projected by analysts. They predicted that California, once the state’s regulated cannabis industry was in full gear, would generate […]

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        Cannabis Bills in 2019 You May Not Have Heard About

        So far this year over 50 bills to legalize cannabis have been introduced across the country in state legislatures. While many of these bills are indeed centered around the legalization of cannabis, many more bills have little to do with the actual legalization. These bills, though not as exciting as outright legalization legislation, are equally […]

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          Legal Cannabis in California Could Soon Become Cheaper

          In California, buying and growing legal cannabis could soon become a bit cheaper as lawmakers from the golden state have announced a bill, Assembly Bill 286, which focuses on reducing, or eliminating, two separate cannabis taxes. The bill is an effort to pave the way for the new legal cannabis industry which is struggling to […]

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            Several States May Legalize Cannabis in 2019

            Legal cannabis in the United States is expected to increase nationwide this year. Legislation concerning marijuana has been introduced in over 17 states. To the surprise of many, cannabis legalization is now underway in conservative and liberal states alike. However, several of these states are more likely to approve cannabis legalization ahead of the others. […]

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              New York Governor Cuomo Includes Cannabis Legalization in New Budget

              Andrew Cuomo, Governor of New York, recently announced his intentions to support the legalization of adult-use cannabis in New York. He estimates that cannabis could bring in as much as $300 million in taxes for the state. The money, according to Cuomo, would be used for cannabis enforcement, programs for alcohol and drug abuse, and […]

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                California OK’s Weed Deliveries

                A new provision was added in January 2019, to California’s marijuana regulations that will allow for marijuana deliveries all over the state – even in towns and neighborhoods where retail marijuana sales have been banned. Critics of the measure – including law enforcement officials – argue that it will make it easier for unregulated black-market transactions […]

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                  Changes to Nevada Cannabis Laws Being Considered

                  Nevada’s legislative session is set to begin next month, and already the agenda is filled with over a dozen bill requests for changes in the state’s recently enacted recreational cannabis laws. The requested legislative measures would deal with a range of issues from banking to allocation of tax and regulatory revenue. The language of the […]

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                    New Federal Law Proposed to Remove Cannabis From CSA

                    A bill was recently introduced to the House of Representatives, H.R.420, by Rep Earl Blumenauer (D-Ore.) proposes the federal government remove cannabis from the Controlled Substances Act. It also requests that it gives the responsibility of regulating it to the Bureau of Alcohol, Tobacco, Firearms, and Explosives. “While the bill number may be a bit […]

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                      Oregon Considering Whether to Allow Cannabis Exports to Other States

                      A new proposal is about to go before Oregon’s lawmakers regarding the export of marijuana. Oregon, already famous for its export of craft beer, fine wine, and hazelnuts, may become one of the first states to legalize the exportation of cannabis. Democratic Senator Floyd Prozanski of Oregon plans on reintroducing provisions from the Senate Bill […]

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