federal reform

Two cannabis-based ETF leaders discussed why U.S. investors turn to ETFs for sector exposure and what federal regulation could mean for the industry during a panel at the 2025 Benzinga Cannabis Capital Conference in Chicago. ETF Convenience: AdvisorShares Chief Operating Officer Dan Ahrens...

Whitney Economics has sharply downgraded its long-term forecast for the U.S. cannabis market, slashing its 2025–2030 retail sales projection by $21.1 billion compared to estimates made just a year ago. The downward revision, revealed this week by the cannabis data and consulting firm, reflects...

With another year behind us with no federal legalization of marijuana and no approval of the SAFE Banking Act, the industry’s biggest problem remains the lack of access to capital. What will happen in 2024? Are we any closer to either of these reforms? At first glance it...

While the majority of US residents support federal cannabis legalization and those involved in the industry would be ecstatic to see the reform, new insights reveal some concerns about it. Parabola Center for Law and Policy, a nonprofit think tank of legal...

Colorado Gov. Jared Polis touted the state's cannabis industry as "the best in the nation" in a video his office shared with National Cannabis Industry Association's members last week, reported Westword. Although Polis, governor since 2018, still has ...

Last week Missouri legalized recreational cannabis and become the first state in the nation where voters approved a program for the automatic expungement of prior marijuana convictions. With the legalization bill, which won by a comfortable margin, the is state expanding ...

During the November midterms, over 65% of Maryland voters chose to legalize adult-use cannabis. This means that starting July 2023, adults over 21 can possess up to an ounce-and-a-half of marijuana and 10 grams of cannabis concentrates. Criminal penalties for...

Sen. Cory Booker (D-NJ) is “open to compromises” when it comes to federal cannabis reform. He is even considering the possibility that his chamber could green-light a marijuana banking measure that would include social equity components, before taking action on the Cannabis...

Nearly two-thirds of Americans would like to see marijuana legalized, a recent poll shows. In the new survey, conducted by YouGov using a nationally representative sample of 1,000 U.S. adult citizens interviewed online from April 1 to 5 - 57% would support expunging marijuana-related...

After Thursday's approval of the Marijuana, Opportunity,  Reinvestment and Expungement (MORE) Act of 2021 in a 26-15 vote in the House Judiciary Committee, BofA analyst Heather Balsky said in her most recent note that Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) is...

Despite the veil of uncertainty surrounding the U.S. Presidential election, the cannabis industry remains upbeat with the votes it received in five key states. "People have spoken on cannabis" by taking a "green way last night," Dina Rollman, SVP Government and Regulations...