Jul 03 2024
President Biden today issued a “A Proclamation on the 60th Anniversary of the Civil Rights Act”, which touts his Administration’s efforts to reform marijuana laws. “Sixty years ago, President Lyndon B. Johnson signed into law one of the most significant pieces of civil rights legislation in history — the Civil Rights Act of 1964”, begins …
Jul 03 2024
Following claims that the U.S. Supreme Court’s decision to overturn the Chevron precedent could cancel marijuana rescheduling, a leading expert has provided a rebuttal. Matt Zorn, an attorney and partner at the lawfirm Yetter Coleman LLP, detailed his perspective in an article on his Substack On Drugs. Zorn says that “overturning Chevron was a good thing …
Jul 02 2024
Among the 23 states that have legalized recreational marijuana sales, three states do not yet have operating retail outlets. That’s set to change for all three within the next six months. Minnesota, Delaware, and Ohio have all legalized marijuana within the past 15 months, bringing the total number of legal marijuana states to 24 (with …
Jul 02 2024
According to a recent analysis, homes located near licensed marijuana retail outlets are more likely to appreciate in value. The analysis, conducted by Tomo Real Estate, evaluated the correlation between marijuana retailers and home prices in Colorado, Michigan, and Oregon. Researchers compared annual changes in median home prices in zip codes with dispensaries to those in surrounding …
Jul 02 2024
A campaign aiming to legalize marijuana in North Dakota has gathered more than enough signatures to place an initiative on this November’s ballot. “After months of hard work and incredible community support, we are ready to submit our collected signatures at the North Dakota State Capitol,” said New Economic Frontier in an email sent today. …
Jul 02 2024
In June, Oregon’s licensed marijuana stores reported sales totaling $79,854,131. Although this figure is slightly below the $81,976,813 recorded in May, it continues to demonstrate the strong performance of Oregon’s marijuana market, according to the Oregon Liquor and Cannabis Commission. Monthly sales have no dropped below $75 million since February 2023. Since the commencement of …
Jul 02 2024
A prominent attorney is suggesting that the DEA’s proposal to reschedule marijuana to Schedule III will be cancelled following the United State Supreme Court’s decision on Chevron v. Natural Resources Defense Council. Attorney Josh Schiller is one of the lead lawyers in a case where multiple cannabis companies are challenging the federal prohibition on marijuana. …
Jul 01 2024
The Kentucky Office of Medical Cannabis is now accepting applications for cannabis business licenses through the online Business Licensing Application Portal. The portal, which can be found by clicking here, will remain open from July 1, 2024 until August 31, 2024 for application submissions. The state will be accepting applications for four different categories; medical …
Jul 01 2024
Legislation in the United States House of Representatives and Senate that would deschedule marijuana is sponsored by lawmakers from 31 different states. In the House, the Marijuana Opportunity Reinvestment and Expungement (MORE) Act now has 92 sponsors, while the Senate’s Cannabis Administration and Opportunity Act (CAOA) has 18 sponsors. The combined 110 sponsors represent 31 …
Jul 01 2024
Florida Governor Ron DeSantis’s recently established political action committee, “Florida Freedom Fund,” has encountered significant fundraising challenges in its campaign against a marijuana legalization initiative (Amendment 3). As of last week, the PAC has garnered only $10,000 in contributions, according to the Division of Elections. 100% of these contributions came from former Pennsylvania Congressman Keith …
