Cambridge, MA: Most Americans reject the idea of placing additional regulatory restrictions upon the state-legal marijuana industry, according to nationwide polling data compiled by the Center for American Political Studies at Harvard University. Pollsters asked respondents their feelings on the degree of regulations currently placed upon a variety of existing industries, including sellers of cryptocurrencies, state-licensed marijuana producers, social media companies, coal manufacturers, and makers …
What Is The Cannabis Financial Industry Group?
Washington, D.C. – Today, the Cannabis Financial Industry Group (CFIG) formally announced its launch ahead of hosting a congressional briefing on Monday, February 13th to help bridge the knowledge gap as to the current compliance requirements and mechanisms in place for businesses servicing or directly operating within the state-sanctioned cannabis industry. CFIG coalesces financial institutions and other essential services providers that serve the U.S. …
Is Oklahoma Voting On Cannabis Legalization In March 2023?
Oklahoma City, OK: Oklahomans will decide on March 7 whether to approve a citizens’ initiated measure (State Question 820) legalizing the adult-use marijuana market. State Question 820 permits adults to legally possess and home-cultivate personal use qualities of cannabis while also establishing a licensed, retail marketplace. Those with past marijuana convictions, or those who are currently incarcerated for certain cannabis-related crimes, would be …
How Much Money Would Cannabis Legalization Generate In Hawaii?
Honolulu, Hawaii: Licensing Hawaiian businesses to engage in cultivating and selling cannabis to adults will create thousands of jobs and raise tens of millions of dollars in new tax revenue, according to an economic assessment provided by the Hawai’i Cannabis Industry Association. Authors of the report estimated that legalization will create 3,375 new jobs and will yield nearly $82 million in annual tax revenue. …
Who Is Luke Scarmazzo?
LOS ANGELES, Feb. 3, 2023 /CNW/ – Weldon Angelos, Founder of The Weldon Project and Mission [Green] which focuses on gaining the release of cannabis prisoners, announced today that he helped secure the release of Luke Scarmazzo, who was serving 22 years in federal prison for lawfully operating a state compliant medical cannabis dispensary from 2004-2006. Today, U.S. District Court judge Dale A. Drozd granted compassionate …
Does Ayr Wellness Host Cannabis Expungement Clinics?
MIAMI, Feb. 07, 2023 (GLOBE NEWSWIRE) — Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“Ayr” or the “Company”), a leading vertically integrated U.S. multi-state cannabis operator (“MSO”), announced it will host its second iteration of “Changing Legacies,” a multi-state series of clinics to expunge the records of individuals with past cannabis convictions. Ayr’s “Changing Legacies” series is a core pillar of the …
Which States Are Cannabis Friendly?
WASHINGTON, DC — Today, Americans for Safe Access (ASA) unveiled their annual report, “2022 State of the States Report: An Analysis of Medical Cannabis Access in the United States.”The report evaluates the effectiveness of each state cannabis program from a patient perspective and assigns a grade using a rubric that reflects the key issues affecting patient access, broken down into more …
Is Cannabis Legalization Associated With Less Use Of Prescription Opioids?
Montreal, Canada: The adoption of state laws regulating the sale of cannabis to adults is strongly associated with reductions in the use of prescription opioids, according to a review of longitudinal studies published in the journal Frontiers in Psychiatry. Canadian investigators reviewed data from 32 longitudinal studies evaluating public health outcomes in states that legalized adult-use cannabis sales compared to jurisdictions that did not. …
Why Won’t The FDA Establish Rules For Regulating Hemp-Derived CBD Products?
Washington, DC: Regulators with the US Food and Drug Administration have announced that Congress, not the FDA, must take primary responsibility for creating a regulatory framework overseeing the commercial production and sale of hemp-derived CBD products. The agency, which was tasked by Congress to establish regulations for hemp-derived products when federal lawmakers legalized them in 2018, said that the FDA’s existing rules governing foods and …
Are CBD/THC Oils Legal In Georgia?
Atlanta, GA: Members of a state-appointed commission advanced new rules and regulations last week overseeing the dispensing of cannabis plant-derived extracts containing low amounts of THC and high amounts of CBD. Members will still need to finalize the rules with a series of additional votes. However, regulators are hopeful that the commission’s actions may clear the way for the opening of state-licensed dispensaries by …