The full US House of Representatives has given approval to an amendment that would allow Department of Veterans Affairs (VA) doctors to recommend medical marijuana. Currently, under the law, VA doctors are prohibited from recommending medical marijuana to their patients, even if those patients reside in states where medical marijuana is legal. However, a provision …
Category: News
Jun 04 2024
US House: GOP Unveils Spending Bill Allowing D.C. to Open Recreational Marijuana Stores and to Allow Nationwide Marijuana Banking
A Republican-led committee in the United States House of Representatives has released a spending bill that would allow Washington D.C. to open recreational marijuana stores roughly a decade after the district legalized them, while also allowing banks to work with state-legal marijuana businesses. The House Appropriations Financial Services and General Government (FSGG) Subcommittee has released …
Jun 04 2024
A Look at Marijuana Initiatives on the November Ballot: Two States Confirmed, Three More in the Running
Currently, two states are guaranteed to be voting on marijuana legalization initiatives this November, with a few others vying to join that list. At the time of publication, Florida and South Dakota are the two states with marijuana legalization initiatives definitely being voted on this November. However, Arkansas and North Dakota also have legalization initiatives …
Jun 04 2024
Nevada Marijuana Sales Pass $70 Million in March, Total for FY 2024 Now Above $600 Million
In March, there was over $70 million in legal marijuana sold, and over $10 million in marijuana taxes garnered in Nevada. Data released by the Nevada Department of Taxation Cannabis Tax Revenue shows that there was $73,167,470 worth of marijuana and marijuana products sold through legal means in March. This is considerably lower than the …
Jun 04 2024
Coalition of U.S. Senators Calls for Marijuana Industry to Have Access to Federal Business Loans and Resources
U.S. Senator Jacky Rosen (D-NV) led 10 of her colleagues in sending four letters to Senate Appropriators requesting robust funding to support a wide array of small businesses in Nevada, including one letter focused on marijuana businesses. These requests would provide $37 million for the Rural Business Development Grant Program and $10 million for the …
Jun 04 2024
US House Rules Committee Approves Allowing Veterans Affairs Doctors to Recommend Medical Marijuana
An amendment that would allow physicians at the Department of Veterans Affairs (VA) to recommend medical marijuana to their patients has been approved by the House Rules Committee. The House Rules Committee yesterday gave approval to an amendment to a $1.5 trillion Military Construction, Veterans Affairs and Related Agencies appropriations bill that would provide veterans …
Jun 03 2024
Over $1 Billion in Marijuana Sales in California in Q1 2024, Resulting in $260 Million in Tax Revenue
California generated substantial revenue from marijuana taxes in the first quarter of 2024, surpassing a quarter of a billion dollars from over $1 billion in sales. According to the California Department of Tax and Fee Administration, the state collected $259.9 million in taxes from the legal distribution of marijuana in the first quarter, covering January, …
Jun 03 2024
South Dakota Recreational Marijuana Initiative Officially Qualifies for November 2024 Ballot, Labeled Measure 29
An initiative to legalize recreational marijuana has officially been placed on the November 2024 presidential election ballot in South Dakota. “We qualified for the November 2024 ballot!”, said South Dakotans for Better Marijuana Laws in a post made today on the social media platform X. “To everyone who gave their time, energy, or signature to …
Jun 03 2024
5 Federal Marijuana Bills Poised for Passage if Democrats Win Congress and White House
As the November elections approach, the potential for a significant shift in marijuana policy looms large. If the Democrats gain control of the US House of Representatives and retain the Senate and presidency, several key federal marijuana bills are poised to make substantial progress and potentially be enacted into law. Here are five bills that …
Jun 03 2024
Louisiana Bills to Decriminalize Marijuana Paraphernalia and Expand Marijuana Pardons Officially Sent to Governor
Two marijuana-related bills that recently passed the Louisiana Legislature were officially sent to Governor Jeff Landry today, initiating a 10-day window for the governor to decide its fate. At the end of May Louisiana’s full legislature recently passed House Bill 165 and House Bill 391. Today, the measures were sent to Governor Landry, giving him …