Apr 01 2024
A measure that would make medical marijuana legal in Kansas was introduced today in the state’s Senate. Kansas is one of just 12 states that have not legalized medical marijuana. Senate Bill 558, filed by the Senate Federal and State Affairs Committee, would make Kansas the 39th medical marijuana state. The “Kansas medical cannabis act” …
Apr 01 2024
According to a new report conducted by the Pennsylvania Independent Fiscal Office (IFO), the state would garner hundreds of millions of dollars in new tax revenue by FY 2028 to 2029 if marijuana is legalized for recreational use. The IFO report is based on a proposed budget by Governor Josh Shapiro’s (D), released last week, …
Apr 01 2024
In New Mexico there was over $52 million in legal marijuana sold in March, a new monthly record. According to data released by the New Mexico Regulation & Licensing Department, there was $52,507,206 worth of legal marijuana sod in March, just the second time monthly marijuana sales have passed $50 million (December, 2023 was the …
Apr 01 2024
The Florida Supreme Court has ruled that an initiative to legalize recreational marijuana will be voted on during November’s election. Last year the Florida Division of Elections verified that the nonprofit organization Smart & Safe Florida submitted 967,528 valid signatures for their initiative to legalize recreational marijuana. This is more than the 891,523 signatures required …
Mar 30 2024
A bill in the US House of Representatives to allow marijuana banking now has 112 sponsors. Yesterday Congressmembers Troy Carter (D-LA), Ann D Kuster (D-NH) and Schakowsky (D-IL) joined on as sponsors to the SAFE Banking Act, bringing the total number of sponsors to 112, with eight signing on this month alone. The SAFE Banking …
Mar 29 2024
Legislation to decriminalize the possession of up to one ounce of marijuana has been passed by a key committee in the Hawaii House of Representatives. The House Judiciary and Hawaiian Affairs Committee voted 7 to 2 yesterday to pass Senate Bill 2487. The full Senate gave approval to the measure earlier this month, with the …
Mar 29 2024
In three weeks the Eastern Band of Cherokee Indians (ECBI) will open their marijuana superstore on tribal land, accessible by those 21 and older regardless of whether or not they’re a tribal member. On April 20, the unofficial marijuana holiday, the ECBI will open their marijuana superstore, located at the previous home of a bingo …
Mar 29 2024
Legislation to establish a psychedelics task force has been given approval by the Maryland House and Senate, with one technical vote required before the measure can be sent to Governor Wes Moore. House Bill 548 was passed through a second reading in the Senate today, 16 days after it was approved through the full House …
Mar 29 2024
The IRS’s Office of Chief Counsel has published a memorandum providing guidance to state-legal marijuana companies that are having issues complying with Form 8300, which must be completed whenever a company receives over $10,000 in cash. The memorandum was issued in response to a set of questions regarding the Bank Secrecy Act, asked by those …
Mar 29 2024
President Biden has issued “A Proclamation on Second Chance Month, 2024″, saying “my Administration has taken historic steps to end America’s failed approach to marijuana.” “America was founded on the promise of new beginnings”, states the proclamation, issued today. “During Second Chance Month, we recommit to building a criminal justice system that lives up to …
