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The Latest Breaking News from Marijuana

2 Marijuana Stocks to Sell Short, Liquidate or Avoid in 2023

The marijuana industry took a hit facing economic challenges. With no immediate hope of federal legalization, it may be a while until the U.S. government looks favorably toward pot stocks. Hence, fundamentally weak marijuana stocks Tilray Brands (TLRY) and Canopy Growth (CGC) might be best avoided this year. Continue reading….

StockNews.com

Free after 14 years in prison for selling medical weed, California man aims to change US law

It’s the little things — going to the grocery store, cleaning the house, finishing yardwork — that Luke Scarmazzo is grateful for after being imprisoned for something that very likely wouldn’t land him there now.

McClatchy Washington Bureau

Four Months After Biden Promised Marijuana Pardons, He Has Not Issued Any

The president reaped political benefits with his pre-election proclamation but has yet to follow through.

Reason

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U.S. Will Add $18.8 Trillion in New Debt by 2033

Plus: Age verification for social media, a bill to ban cannabis "gatherings," and more...

Reason

Elon Musk takes his marijuana friendliness to the next level as Twitter pitches itself as a home for cannabis ads

Twitter has updated its policies to allow licensed cannabis-related companies to run certain kinds of ads in states where the ads are legal.

Fortune

The Argument That 'America Has Gone Too Far in Legalizing Vice' Ignores the Cost of Prohibition

Is it just to punish the many for the excesses of the few?

Reason

City’s first Black-owned, independent weed shop opens in Logan Square

The Grasshopper Club is a family business run by Mount Carmel graduate Matthew Brewer, his brother, Chuck, and their mother, Dianne.

Chicago Sun-Times

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How a Drafting Error Made It Harder for New Yorkers To Obtain Relief From Marijuana Felony Records

Because legislators omitted a crucial letter, there is no straightforward way to downgrade convictions for offenses that are no longer felonies.

Reason

California considers legalizing cannabis cafes to help struggling marijuana industry

LOS ANGELES — You order a sandwich, a coffee and a marijuana cigarette, then settle in for a musical performance. This could become the future under a bill aimed at changing the landscape of cannabis use in California.

Los Angeles Times

San Antonio charter amendment regarding abortion, marijuana, and police actions has enough signatures for the May 6 ballot

On May 6, 2023, San Antonio voters will decide on a charter amendment regarding abortion, marijuana, and police actions. City officials announced on Feb. 8 that the amendment has enough valid signatures to qualify for the ballot.

Ballotpedia

A two-decade low for non-major party candidates vote share

Welcome to the Monday, February 13, Brew.

Ballotpedia

Hippy daze: a survey of the UK drugs scene, 1973

A drug-by-drug guide talked beginners through marijuana, heroin, barbs and speed which was prescribed for weight loss. By Emma Beddington

The Guardian - UK

Amsterdam to ban cannabis outdoors in red-light district

The city of Amsterdam, a popular destination for tourists who visit its marijuana coffee shops, will ban smoking cannabis in public in the red-light district as part of a campaign to clean up the area.

Reuters

Amsterdam bans cannabis in Red Light District and tightens brothel rules

City officials say that the new laws will come into force in mid-May, cracking down on the times it will be legal to smoke marijuana.

Daily Record

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The Conversation

CBD is not a cure-all – here's what science says about its real health benefits

Over the last five years, an often forgotten piece of U.S. federal legislation – the Agriculture Improvement Act of 2018, also known as the 2018 Farm Bill – has ushered in an explosion of interest in the medical potential of cannabis-derived cannabidiol, or CBD.

St. Louis Post-Dispatch

Opening weekend saw pot sales soar to nearly $13 million across Missouri

Marijuana sales boomed across Missouri in the first weekend it was legal for recreational use in the state.

The Independent UK

Heads may roll in Oregon agency due to love for rare bourbon

Oregon Gov. Tina Kotek has asked the board of commissioners of the state’s marijuana and alcohol regulating authority to remove its executive director and other leaders who allegedly abused their position for personal gain

Chicago Sun-Times

Amid struggles to meet diversity goals, Illinois launches study to determine whether discrimination exists in pot industry

The $2.5 million study, required by state law, will analyze applications for licenses to grow marijuana, as well as transport and dispense it. The study will look closely at the much-criticized social equity program, aimed at increasing diversity among license holders.

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Ballotpedia

103 state legislative races were decided by fewer than 100 votes last year

Welcome to the Tuesday, February 7, Brew.

Reason

A Federal Judge Says the Ban on Gun Possession by Cannabis Consumers Is Unconstitutional

The government argued that marijuana users have no Second Amendment rights because they are dangerous, unvirtuous, and untrustworthy.

St. Louis Post-Dispatch

'Is it actual weed?' First weekend of recreational pot sales open in Missouri to joy and exuberance

ST. LOUIS — Steve Campbell was ready with a joke.

Zenger

$20 Million Raised For Florida Marijuana Legalization Initiative Targeting 2024 Ballot

In Florida, a campaign supporting a ballot initiative to legalize marijuana, Smart and Safe Florida, has raised $20 million.

Reason

Kentucky's Governor Shields Medical Marijuana Users From Prosecution

Gov. Andy Beshear issued a conditional pardon aimed at protecting people who use marijuana for medical purposes from criminal prosecution.

The Texas Tribune

Texas veterans vow to protect the state’s hemp market as one state lawmaker hopes to crack down

The new delta-8 hemp products, which are widely available, can produce a high similar to marijuana’s. State Sen. Charles Perry said he and his peers never intended for such products to reach the market.

The Independent UK

Judge: Banning guns for marijuana users unconstitutional

A federal judge in Oklahoma has ruled a federal law prohibiting people who use marijuana from owning firearms is unconstitutional

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