MORE act

A key House committee on Wednesday formally advanced a bill to federally legalize marijuana to the floor, making in order a number of amendments and blocking others as part of a final rule. A full chamber vote is expected on Friday, reported Marijuana Moment The House Rules Committee, which...

Cannabis stocks hit some new highs on Wednesday ahead of what could be pivotal legislation in the form of the Marijuana Opportunity, Reinvestment, and Expungement, MORE Act, which the House of Representatives is expected to vote on any day now...or any minute.  As such,...

Federal cannabis legalization is unlikely to happen any time soon, according to analysts from Piper Sandler and Beacon Policy Advisors LLC.  Marijuana Opportunity, Reinvestment and Expungement (MORE) Act is poised to end up on the House floor this week, but various marijuana industry...

Lawmakers released a report recently with majority and minority leaders of the House Judiciary Committee who made their arguments for and against bill HR 3617, “Marijuana Opportunity, Reinvestment, and Expungement (MORE) Act, which is sponsored by the panel’s chairman, Rep....

Stocks of Clever Leaves Holdings Inc. (NASDAQ: CLVRW) are soaring as of late Friday following reports indicating the U.S. House Rules Committee has scheduled a Monday afternoon meeting to prepare the MORE Act, a federal marijuana legalization bill, for floor action. Clever Leaves is...

Cannabis stocks went into a tizzy, in a good way, on Thursday’s blockbuster news that the House of Representatives will call a vote next week on the MORE Act - Marijuana Opportunity, Reinvestment and Expungement – which seeks to remove cannabis from the list of...

Marijuana Opportunity, Reinvestment and Expungement (MORE) Act is poised to end up on the House floor next week, reported Marijuana Moment. Rumors of a floor vote, coming from a congressional staffer and a key advocate familiar with the high-level discussions and another source close to Marijuana...

By Laura Chambers, Abaca Cannabis advocates, entrepreneurs, and investors must be resilient, eternal optimists for many reasons – one of them being the annual resurrection of banking reform legislation that passes in the House only to be shot down in the Senate. Cannabis has been state-legal...

The Marijuana Justice Coalition (MJC), a broad coalition of national advocacy organizations convened by the Drug Policy Alliance, including the American Civil Liberties Union and Human Rights Watch sent a letter to House Speaker Nancy Pelosi (D-CA) and House Majority Leader Steny...

One of the bigger storylines of stock trading in 2021 was continued calls for members of Congress to be barred from buying and selling stocks. Here is a look at just how well members of Congress who traded stocks in 2021 did against the overall market. What Happened: Many retail traders and some...

U.S. Reps. Earl Blumenauer (D-OR) and Barbara Lee (D-CA) released a memo on behalf of the Congressional Cannabis Caucus that they co-chair. The memo lists the numerous pieces of marijuana legislation filed on Capitol Hill and explains which should be among the reform priorities for 2022,...

The Internal Revenue Service correctly anticipates the continued growth of the cannabis industry and wants its share of the green. Who can blame them? It's what they do. To that end, the IRS is providing some useful suggestions to cannabis businesses who, by the way, are in the conflicting...

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...

Members of the House Judiciary Committee on Thursday afternoon advanced HR 3617: the Marijuana, Opportunity, Reinvestment and Expungement (MORE) Act of 2021. The bill was approved 26-15, with 24 Democrats joined by two Republicans. The MORE Act repeals the long-standing federal...

A bill to federally legalize marijuana will be voted on by the House Judiciary Committee next week, the panel announced on Friday. The development, initially reported by Marijuana Moment, comes barely 24 hours after the House voted in favor of a defense spending bill with an ...