Oct 11 2023
A new report published by the U.S. Census Bureau gives details on tax revenue made from legal marijuana sales since the third quarter of 2021. The U.S. Census Bureau has released “a new experimental data product featuring quarterly tax collections at the state level for cannabis sales”. The Quarterly Summary of State and Local Government …
Oct 11 2023
Federal legislation to allow banks and other financial institutes to work with marijuana businesses has garnered tripartisan support in the United States Senate. The SAFER Banking Act (S.2860), which was recently given approval by the Senate Committee on Banking, Housing and Urban Affairs, has garnered tripartisan support in the Senate. Senate Majority Leader Chuck Schumer has …
Oct 11 2023
In Colorado there was about $140 million worth of legal marijuana and marijuana products sold in September. According to data released by the Colorado Department of Revenue, the state garnered $21,770,274 in tax revenue from the legal distribution of around $140 million in marijuana sales. This includes the sale of dried marijuana flower as well …
Oct 10 2023
California Governor Gavin Newsom has vetoed legislation that would gave banned the use of a large variety of images on the packaging of marijuana products. California Assembly Bill 1207, filed by Assemblymember Jacqui Irwin, was passed unanimously in the state Assembly, 63 to 0, and it passed the Senate 23 to 10. Despite the widespread support …
Oct 10 2023
Legislation announced last month was officially filed yesterday in the Wisconsin Legislature. Senate Bill 486 was filed with 36 cosponsors, far more than the average. 10 of the cosponsors are senators, and 26 are state representatives. All are Democrats. Under the proposed law, those 21 and older would be allowed to purchase, possess and use …
Oct 10 2023
For the second straight month marijuana sales in Connecticut have set a new monthly record. There was $25,203,738 worth of marijuana purchased legally in September throughout Connecticut, a state with a population of around 3.6 million. This is a slight increase over the then-record breaking $24,938,642 sold in August, according to the Connecticut Department of …
Oct 09 2023
Companion bills that would regulate kratom nationwide while restricting government agencies from prohibiting it have been filed in both the US Senate and House of Representatives. The bipartisan Kratom Consumer Protection Act is sponsored by Senator Mike Lee (R) and Senator Cory Booker (D) in the Senate with the bill number S.3039. In the House …
Oct 09 2023
A bill to legalize marijuana cafes throughout California has been vetoed by Governor Gavin Newsom. Assembly Bill 374 would have legalized Amsterdam-style marijuana cafes where marijuana could be purchased and consumed alongside other food and drink items. It has now been vetoed by Governor Newsom. However, given it was passed by the legislature with more …
Oct 09 2023
California Governor Gavin Newsom has signed Senate Bill 700 into law. After being overwhelmingly approved by the state’s legislature, Governor Newsom has signed SB 700 into law. Filed by Senator Steven Bradford, the proposal “would make it unlawful for an employer to request information from an applicant for employment relating to the applicant’s prior use …
Oct 07 2023
California Governor Gavin Newsom has vetoed a widely supported bill that would have legalized certain psychedelic substances. “Today’s veto is a setback for the huge number of Californians – including combat veterans and first responders -who are safely using and benefiting from these non-addictive substances and who will now continue to be classified as criminals …
