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The Latest Breaking News from Marijuana

Volatility Of Cannabis Stocks: Schumer's Bill Was A 'Hail Mary', But Industry Has Other Catalysts – Experts Explain

This was a very challenging year for pot stocks. Year-to-date, AdvisorShares Pure US Cannabis ETF (ARCA:MSOS) dropped 54.01%, AdvisorShares Pure Cannabis ETF (ARCA:YOLO) declined 57.46%, compared to SPDR S&P 500 (ARCA:SPY) which lost 13.61%.

Benzinga

Marijuana Compromise Bill Addressing Social Equity, Taxes Approved In MA House & Senate

Massachusetts House and Senate both passed cannabis compromise legislation on Sunday that would set up a more equitable environment in the legal marijuana industry.

Benzinga

Signature verification deadline for Missouri marijuana legalization initiative is August 9

In Missouri, there are two citizen-initiated measures pending signature verification. One would legalize marijuana in the state. The other proposal would enact an electoral system combining top-four primaries and ranked-choice voting for general elections. The state must verify whether enough signatures have been collected by August 9.

Ballotpedia

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[EXCLUSIVE] The 'Ganja Guru' Ed Rosenthal Talks Cannabis: 'Even In A Conservative State, Concerted Effort Can Make Change'

By Nicolás José Rodriguez via El Planteo.

Benzinga

New Bipartisan Congressional Bill Seeks To Expunge Federal Marijuana Records, Cannabis Reform Advocates Approve

Congressmen Troy A. Carter, Sr. (D-LA) and Rodney Davis (R-IL) introduced bipartisan legislation on Friday that would create a mechanism for federal misdemeanor marijuana offenses to be expunged, amid a new push for decriminalization at the federal level.

Benzinga

States look to regulate weed alternatives like delta-8 as sales explode

Delta-8 is a hemp product designed to get users high, but misleading labels or added chemicals have caused people to get sick. And a lack of federal regulation or guidance has states stepping in.

WEKU

Cannabis Regulatory Update: South Dakota, Colorado, Tennessee, Connecticut, D.C.

The First State-Licensed Medical Marijuana Dispensary is Now Open in Hartford, South Dakota

Benzinga

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Signature verification deadline for Missouri top-four ranked-choice voting initiative is August 9

In Missouri, there are two citizen-initiated measures pending signature verification. One would enact an electoral system combining top-four primaries and ranked-choice voting for general elections. The other proposal would legalize marijuana in the state. The state must verify whether enough signatures have been collected by August 9.

Ballotpedia

Biden, Putin, A Notorious Russian Terrorist And A Medical Marijuana-Possessing Female Basketball Player: A Drama Update

Russian Foreign Minister Sergey Lavrov said Friday that he is open to a call with U.S.

Benzinga

Federal bill to legalize marijuana would help, not hurt, the illicit market

California’s experience shows why burdensome taxes and regulations, as in Sen. Chuck Schumer’s proposed bill, would drive consumers away from the legal pot market.

Chicago Sun-Times

Effort to put legal marijuana question before Missouri voters goes down to the wire

JEFFERSON CITY, Mo. — Despite pouring nearly $6 million into the effort, supporters of making marijuana legal in Missouri may have fallen short of getting the question on the November ballot.

St. Louis Post-Dispatch

Brittney Griner testifies about her medical marijuana prescription and chaotic arrest

The WNBA star took the stand in Russian court Wednesday to explain why she had vape cartridges in the first place, how they ended up in her luggage and what happened after they were discovered.

WEKU

These Doctors Want Marijuana Illegal Again; This State Broke A Cannabis Tax Revenue Record; Medical Hemp Gets A Green Light

Thai Doctors Seek To Suspend Cannabis Decriminalization

Benzinga

17 Cannabis Business Reporters You Need To Follow If You Want To Really Stay On Top Of The News

The Benzinga Cannabis Capital Conference has something fresh planned for its forthcoming conference in Chicago, which takes place on September 13–14.

Benzinga

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Reason

Chuck Schumer Learned Nothing From the Failure of Pot Legalization in California

The Senate majority leader’s marijuana bill would pile on more taxes and regulations, despite years of complaints about the barriers they create.

Benzinga

House Passes Revised Cannabis Research Bill, Senate Expected To 'Move Quickly'

The U.S. House of Representatives passed a revised version of the bipartisan marijuana research bill that would substantially expand scientific research on Tuesday, just days following its introduction in Congress.

Benzinga

The Introduction Of Marijuana Legalization In The Senate Is A Step Forward For Cannabis Banking, Says Congressman Perlmutter

Rep.

Benzinga

Higher Potency Cannabis Increases Risk Of Addiction And Psychosis, Study Says

Cannabis consumers who tend to choose high potency weed for their pleasure, are at higher risk of becoming addicted or developing marijuana-caused psychosis, a new study shows.

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Benzinga

This Is The Unofficial List Of Witnesses To Testify On Federal Marijuana Decriminalization, Chosen By US Senators

Senators of the Judiciary Subcommittee on Criminal Justice and Counterterrorism, which is setting up a hearing on marijuana reform, presented a non-definite list of possible witnesses to testify on Federal Cannabis

Reason

Did Congress Just Attempt To Do Its Job?

Plus: The editors each consider a book they might secretly want to write one day.

Benzinga

EXCLUSIVE: Colombia Could Soon Legalize Adult-Use Cannabis—Can US Cannabis Operators Take Advantage?

On Wednesday, Colombian Senator, Gustavo Bolivar, filed a bill to legalize adult-use cannabis in the South American country. In 2020, Senator Bolivar tried to legalize the consumption of marijuana but his bill did not have the support of the majority in Congress.

Benzinga

Michigan Grants $20M To Universities For FDA-Approved Marijuana Studies For Veterans

Michigan's Cannabis Regulatory Agency has recommended giving $20 million in grants to two universities — Wayne State University and the University of Michigan

Benzinga

Kentucky Governor Considers Executive Action On Medical Cannabis For Veterans, Chronic Pain Patients

Kentucky governor Andy Beshear is considering taking executive action to allow patients dealing with chronic pain as well as veterans with post-traumatic stress disorder to access medical marijuana. That is if the general assembly doesn’t advance the legislation.

Bangkok Post

Southern Islamic leaders want to rollback legalisation of cannabis

Southern Islamic leaders are planning further action to press for the return of marijuana to the narcotics list after the government turned a deaf ear to their initial call last week.

Bangkok Post

Contraband ganja seized on Mekong bank

NAKHON PHANOM: Border patrol police seized about 200 kilogrammes of contraband marijuana from the Mekong river bank and arrested a man allegedly looking to pick it up, in Tha Uthen district late on Sunday night.

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