Bud Briefing: The State Of Marijuana Legalization In North America
When Canada began discussing the possibility of ending marijuana prohibition nationwide, Prime Minister Justin Trudeau said the move would be less about the economic benefits of legalization and more about bringing down organized crime. “Criminal organizations make billions of dollars a year in profits on the sale of marijuana,” Trudeau told the Canadian Press earlier this year. “We need to move forward on a system that controls...
San Diego plans to crack down on Cannabis ads , especially billboards
San Diego officials say they plan to crack down on marijuana advertising, particularly the billboard ads that have become increasingly common with recreational use of the drug now legal in California. Legislation proposed by City Councilman Chris Cate aims to keep marijuana billboard ads out of areas where young people congregate and to prevent illegal marijuana businesses from advertising anywhere. The proposal, which would go beyond...
Marijuana skeptics fear ‘de facto legalization’ in the states
The Trump administration’s stance, as directed by Attorney General Jeff Sessions, came even as cannabis advocates made inroads across several states. New Jersey is widely expected to legalize cannabis for adult use by the end of the year. State lawmakers in Pennsylvania and New York have kicked off efforts to put recreational use on the books as well. In Connecticut, a recreational use bill made it out of committee for the first time...
The Demand For New Cannabis Stocks is Heating Up
When it comes to cannabis stocks, the public can’t get enough. After years of challenging access to capital, 2018 has seen a remarkable improvement for U.S. cannabis operators. In the summer, two leading companies went public, MedMen and Green Thumb Industries. Both stocks have performed well, and each of the companies has subsequently priced secondary offerings, raising additional capital to fund acquisitions and capital...
What is CBD? And why is the cannabis-derived ingredient on the rise for wellness products?
If you only know three letters associated with cannabis, they’re probably T-H-C. But there’s another term on the rise: CBD. CBD, one of the more than 100 chemicals in cannabis, is emerging as a popular wellness ingredient. The plant extract, often consumed as an oil under the tongue, is now the featured ingredient in high-end products including coconut oil, body lotion, face serum, olive oil, jam, bath scrub, cold brew...