A bipartisan bill that would allow state-legal marijuana companies to list on major U.S. stock exchanges gained its third sponsor today, with Representative Patrick Ryan (D-NY) signing on to the proposal. The Capital Lending and Investment for Marijuana Businesses Act, known as the CLIMB Act, was introduced by Representatives Guy Reschenthaler (R-PA) and Troy Carter …
Category: Cannabis Legislation
Latest updates on cannabis legislation, including state and federal bills, legalization efforts, regulatory changes, committee votes and policy reforms.
U.S. House Committee Approves Federal Review of Legal Marijuana States
A U.S. House committee has approved language calling for a new federal review of how states regulate marijuana, marking another sign that Congress is being forced to reckon with the growing divide between federal prohibition and the reality of legalization across much of the country. The provision was approved by the House Appropriations Committee as …
Virginia Legislature Unanimously Backs Governor’s Changes to Medical Marijuana Delivery and Labeling Bill
Virginia lawmakers have formally approved the governor’s recommended changes to HB 391, a measure updating the state’s medical marijuana program, including new labeling standards and expanded delivery options. The House voted to concur with the governor’s recommendations in a 99-0 vote, signaling broad bipartisan support for the revised version of the legislation. The bill, sponsored …
New York Bill Would Expand Marijuana Enforcement Powers for Office of Cannabis Management
Legislation introduced today in the New York Senate would expand the enforcement authority of the Office of Cannabis Management, giving the agency broader power to investigate and search businesses and products suspected of violating state marijuana and hemp laws. Senate Bill 9924 was introduced by State Senator Jeremy Cooney (D) and referred to the Senate …
Colorado Senate Bill Would Overhaul Marijuana Taxes and Shift Testing Oversight to Public Health
A bill filed Tuesday in the Colorado Senate would make substantial changes to how the state taxes and regulates marijuana products, including replacing the current 15% retail marijuana sales tax with a potency-based tax. Senate Bill 161 was introduced today and assigned to the Senate Finance Committee. The measure is sponsored by State Senators Kyle …
Missouri Bill to Move Intoxicating Hemp Products Into Marijuana System Delivered to Governor
Missouri lawmakers have officially sent a bill to Governor Mike Parson that would dramatically reshape the state’s hemp market by requiring intoxicating hemp-derived products to be regulated as marijuana. House Bill 2641 cleared its final legislative hurdle after the Senate approved the measure 25 to 5 and the House gave concurrence to the amended version, …
Colorado House Approves Bill to Redirect Marijuana Sales Tax Revenue
Colorado’s full House of Representatives has given final approval to House Bill 1409, a measure that would change how money from the state’s retail marijuana sales tax is distributed beginning July 1, 2026. Under current law, 3.5% of gross retail marijuana sales tax revenue is distributed to local governments. HB 1409 would end that distribution …
Virginia Governor Proposes Sweeping Rewrite of Marijuana Sales Bill, Delaying Launch and Raising Taxes
Virginia Governor Abigail Spanberger has proposed a full rewrite of legislation that would establish a legal retail marijuana market, introducing a series of significant changes that slow the timeline, tighten limits, and increase future taxes. The legislation—HB 642 and SB 542—was originally passed by lawmakers as a framework to launch licensed recreational marijuana sales in …
Virginia Governor Requests Amendments to Marijuana Sales Bill, Proposes July 2027 Launch Date
Virginia Governor Abigail Spanberger has formally requested amendments to legislation that would establish a regulated market for licensed recreational marijuana sales, sending the measure back to the General Assembly ahead of the state’s April 13 deadline. The amendments were announced in a press release sent at 12:45 a.m. EDT. The move confirms earlier expectations from …
Virginia Governor Expected to Request Amendments to Bill Legalizing Recreational Cannabis Sales Ahead of Midnight Deadline
Virginia Governor Abigail Spanberger is expected to request multiple amendments today to legislation that would legalize licensed recreational marijuana sales, with the possibility of a sweeping rewrite still on the table as the midnight deadline approaches. Under state law, the governor has until 11:59 p.m. on April 13 to take action on the measure. Her …
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