Marijuana Policy Project

Marijuana Policy Project (MPP) released Tuesday their voter guide to 2022 governors’ races and cannabis policy reform.  In 36 states, voters will be choosing their next governor on Election Day. In many of these races, there is a stark contrast between where major party gubernatorial...

Like any industry, scores of cannabis companies face difficult decisions as the market trends down. In many cases, roles are reduced or made redundant, as evidenced by the ongoing wave of cannabis layoffs announced in recent months. Often, non-essential and non-revenue generating components,...

Emily Paxhia, co-founder and managing partner at Poseidon Investment Management will be sharing her insights on managing cannabis investment funds, access to capital and investing in cannabis during at the upcoming Benzinga Cannabis Capital Conference September 13-14 in Chicago. A...

Louisiana Governor John Bel Edwards (D) signed nearly 100 bills into law aimed at protecting medical marijuana patients. Among them was one from Rep. Mandie Landry (D) to provide workplace protections for state employees who are registered as medical marijuana patients...

The booming cannabis industry has already managed to outgrow the alcohol sector, at least when it comes to collecting tax revenue in some of the states. New data has revealed that Massachusetts brought in $74.2 million from marijuana taxes, compared to $51.3 million from alcohol in half...

After months of exploring the ins and outs of legalizing recreational cannabis, Maryland lawmaker Luke Clippinger (D) pre-filed a bill to put marijuana legalization on the state’s 2022 ballot, Forbes reported. The move came months after forming a ten-member Cannabis Referendum and...

Colorado Governor Signs New Law With Stricter Rules For Doctors Recommending Medical Cannabis  Gov. Jared Polis has apparently decided to complicate things a bit for physicians who recommend medical cannabis to their patients. On Thursday, the governor signed HB 1317 into law, which ...

As federal cannabis legalization appears to be inevitable, two questions are often asked – when and how? The latter referring to how legal cannabis will be regulated. While more and more states vote or legislatively choose to legalize medical or adult-use cannabis, ...

As of May 2021, America's adult-use cannabis marketplaces collectively generated $7.9 billion in tax revenue, according to the Marijuana Policy Project (MPP). The report, which used figures from each legalized state, demonstrated how legal cannabis sales enhanced local tax bases...

Senators Reintroduce SAFE Banking Act While last week, the SAFE Banking Act was reintroduced in the U.S. House of Representatives on Tuesday, while a parallel bipartisan measure was also represented, reports Marijuana Business Daily. Sens. Jeff Merkley, a Democrat from Oregon, and Steve Daines, a...

Most states have passed some type of cannabis reform — only six consider it fully illegal. Yet, on the federal level, the marijuana prohibition has yet to be repealed. Lawmakers continue to drag their feet, with just incremental progress taking shape in the 116th Congress. Sources...

Here is a summary of the latest leadership changes within the cannabis industry. Papa & Barkley Announces Promotions, New Hires Cannabis wellness company Papa & Barkley has boosted its executive team with several promotions and new hires. Adam Grossman, who served as founder and CEO of...

The House voted to pass the MORE act on Friday, a piece of legislation that could effectively decriminalize marijuana on a federal level. “The US House of Representatives—the people’s house—has taken a giant step towards science, reason and justice,” said to Benzinga...

Vermont's cannabis market has seen modest growth as legal adult-use inch toward a legal framework, while medical market regulations favor patient access over revenue. Vermont's Medical Market At The Moment The Green Mountain State generated $20 million in medical sales...

Last month, 34 state attorneys general wrote Congress urging that the SAFE Banking Act be included in the COVID-19 stimulus package working its way through Capitol Hill. The letter cited public safety and the need for banking access as core reasons why legislation must pass. As the debate...