1st Year California Recreational Marijuana Sales Estimated at $3.4-B

1st Year California Recreational Marijuana Sales Estimated at $3.4-B

1st Year California Recreational Marijuana Sales Estimated at $3.4-B Thursday’s California’s Department of Finance declared that it expects residents to buy nearly 1-M pounds of Marijuana over the 1st full budget year of it recreational legalization If the estimates for sales between 1 July 2018- 1 July 2019 are correct, it would amount to $3.4-B […]

Marijuana Sector Outlook for 2018

Marijuana Sector Outlook for 2018

Marijuana Sector Outlook for 2018 $GWPH, $BTC Medical Marijuana Approvals Should Increase It is expected the US Food and Drug Administration will approve the cannabis-based epilepsy drug Epidiolex from GW Pharmaceuticals Plc. (NASDAQ:GWPH) by the end of Summer 2018. GW Pharmaceuticals Plc is trading at: 132.00, +0.21, or +0.16% after hours: 7:37p EST on 10 January. Vs a […]

Marijuana Update: Medical Vs Recreational

Marijuana Update: Medical Vs Recreational

Marijuana Update: Medical Vs Recreational Clarification of Key issues in the sector after USAG Sessions rescission of Hussein Obama era memo The US Justice Department cannot go after medical use of marijuana, because since Y 2014, Congress has maintained a policy in spending bills prohibiting the agency from prosecuting people for conduct permitted by state […]

USAG Sessions Green Lights Federal Marijuana Prosecutions

USAG Sessions Green Lights Federal Marijuana Prosecutions

USAG Sessions Green Lights Federal Marijuana Prosecutions Thursday, USAG Jeff Sessions Green Lighted federal prosecutions of marijuana lawbreakers. In doing so the US states that allow some form of medical marijuana were placed at risk of a crackdown and are closely watching developments. 46 US states have legalized some form of medical marijuana in recent years, […]

Expect Legal Medical and Recreational Marijuana Businesses to Stall

Expect Legal Medical and Recreational Marijuana Businesses to Stall

Expect the Legal Medical and Recreational Marijuana to Stall USAGSessions Opens Door to Renewed Federal War on Marijuana It took a year, but Attorney General Sessions has shredded the Cole Memo, opening the door for a renewed federal war on marijuana, both medical and recreational in the US The Trump Administration Marijuana Policy Attorney General […]

There is No Protection from the Illegal Federal Use of Recreational Marijuana

There is No Protection from the Illegal Federal Use of Recreational Marijuana

There is No Protection from the Illegal Federal Use of Recreational Marijuana Monday, 1 January 2018 the State of California legalizes marijuana for recreational use, but that will not stop federal agents from seizing the drug, even in small/tiny amounts, on freeways and back country roads. Marijuana possession still will be prohibited at 8 Border […]

Medical and Recreational Marijuana Update

Medical and Recreational Marijuana Update

Medical and Recreational Marijuana Update Some leading Senate Republican calls for removing obstacles to medical marijuana research, a Florida judge decides to take up a case over the state’s ban on smoking medical marijuana, and states likely to allow recreational marijuana use in Y 2018 On the Medical side National Recently, Orrin Hatch decried obstacles to […]

FLASH: DOJ May Enforce Marijuana Laws in States Where Legal

FLASH: DOJ May Enforce Marijuana Laws in States Where Legal

FLASH: DOJ May Enforce Marijuana Laws in States Where Legal The US Justice Department (DOJ) may reverse course from The Hussein Obama Era and toughen enforcement of federal laws against marijuana possession, Attorney General Jeff Sessions said late Wednesday. “We are looking very hard on that right now,” USAG Sessions told reporters. “We had a […]

Majority of Voters Think Marijuana Should Be Legal

Majority of Voters Think Marijuana Should Be Legal

Majority of Voters Think Marijuana Should Be Legal Almost 90% of American voters think marijuana should be made legal nationwide for either personal use, medical use, or both, according to the results of a new survey. The wide-ranging Harvard-Harris poll found that 49% of voters think marijuana should be legal for personal and medical use, […]

Marijuana ‘Haze’ Covers Canada, TMX Debating US Policy

Marijuana ‘Haze’ Covers Canada, TMX Debating US Policy

Marijuana ‘Haze’ Covers Canada, TMX Debating US Policy Canada’s stock market has been focused on the Cannabis industry opening up, but the country’s largest stock exchange is grappling with how to deal with Cannabis related companies that have investments in the US, where marijuana is banned by federal law. There could be more certainty soon, there […]

California Growing Too Much Marijuana, Supply Stacks Up

California Growing Too Much Marijuana, Supply Stacks Up

California Growing Too Much Marijuana, Supply Stacks Up California’s marijuana growers are producing far more pot than is consumed in-state, and will be forced to reduce crops under new regulations that ban exports. Nevertheless, some marijuana growers are likely to stay in the black market and send marijuana to other states, activity that’s also illegal […]

What to Expect When, Not If, Recreational Marijuana is Legal in California

What to Expect When, Not If, Recreational Marijuana is Legal in California

What to Expect When, Not If, Recreational Marijuana is Legal in California With the perfected idea of California on Recreational Marijuana (RM) is less than a year away, state lawmakers approved legislation that illustrates what that may look like, think: Marijuana samples at the county fair, home delivery, Organic label regulations and an industry a […]

Recreational Marijuana Use Coming to California in 2018

Recreational Marijuana Use Coming to California in 2018

Recreational Marijuana Use Coming to California in 2018 In Y 2018, 25 years after approving medical marijuana, Californians will be able to consume it for recreational, and the localities that have reaped the most from legal marijuana sales may in for a billion-dollar windfall. Los Angeles, San Francisco, and Alameda counties collected the most in […]

Majority of Americans Believe Marijuana is “Socially Acceptable”

Majority of Americans Believe Marijuana is “Socially Acceptable”

Majority of Americans Believe Marijuana is “Socially Acceptable” A survey of Americans’ views on marijuana found that a majority of people think the drug is “socially acceptable” — a position that may put them at  odds with USAG Jeff Sessions, who once said that a marijuana habit is only “slightly less awful” than heroin. The […]

US Marijuana Advocates are Preparing for the Worst

US Marijuana Advocates are Preparing for the Worst

US Marijuana Advocates are Preparing for the Worst The threat of stricter marijuana enforcement by The Trump Administration has legal cannabis advocates on edge, and preparing for a “worst-case scenario”. “It’s definitely an interesting time. We are nervous,” Beth Collins, senior director of government relations with Americans for Safe Access (ASA) said in a TV […]

AG Jeff Sessions, “Marijuana Use Will Destroy Your Life’

AG Jeff Sessions, “Marijuana Use Will Destroy Your Life’

AG Jeff Sessions, “Drug Use Will Destroy Your Life’ US Attorney General Jeff Sessions reiterated his position on Marijuana, stating he believes its medicinal properties have been “hyped, maybe too much.” USAG Session made his remarks after a speech on Justice Department efforts to fight violent crime in Richmond, Virginia Wednesday. “I think Medical Marijuana […]

Basic Cannabis Questions Answered

Basic Cannabis Questions Answered

Basic Cannabis Questions Answered There are lots of questions from people who want to know anything and everything about Cannabis. Questions range from the basics of finding and consuming cannabis to advanced growing techniques and extraction methods. Let us start by answering some of the basic questions. Cannabis affects everyone differently. Different strains and methods […]

Trump Administration: Ban of Recreational Marijuana Will be Enforced

Trump Administration: Ban of Recreational Marijuana Will be Enforced

Trump Administration: the Ban of Recreational Marijuana Will be Enforced White House spokesman Sean Spicer said he expects the Justice Department (DOJ) to increase enforcement of laws prohibiting the recreational use of marijuana, a departure from the Hussein-Obama Admin’s less aggressive stance as states began legalizing recreational as well as medical use of the drug. […]

Beer Sales are Down in US States Where Recreational Marijuana is Legal

Beer Sales are Down in US States Where Recreational Marijuana is Legal

Beer Sales are Down in US States Where Recreational Marijuana is Legal $BUD, $TAP Year to date, beer volumes have fallen roughly 2% in Colorado, Oregon, and Washington, which have all legalized recreational marijuana, according to Neilsen data cited in a recent report from Cowen & Co. At the same time, marijuana consumption has grown […]

The Trump Presidency and the Marijuana Industry

The Trump Presidency and the Marijuana Industry

The Trump Presidency and the Marijuana Industry $GWPH, $SMG Of the 9 states where voters were considering legalizing marijuana for either recreational or medical use, 8 approved the statewide measures. California, Massachusetts, Maine and Nevada approved initiatives allowing the recreational use of cannabis, while Arkansas, Florida and North Dakota approved medical marijuana. Montana, where the […]

California, Its Quest to Legalize Recreational Marijuana

California, Its Quest to Legalize Recreational Marijuana

California, Its Quest to Legalize Recreational Marijuana California’s state capital region could reap 20,000 jobs and generate $4.2-B in business if it becomes a hub for a legalized marijuana industry, a study released Monday showed. The report from the University of the Pacific in Stockton was commissioned by the cannabis investment company Truth Enterprises, just […]

California Voters Appear Set to Pass Recreational Marijuana Legalization

California Voters Appear Set to Pass Recreational Marijuana Legalization

California Voters Appear Set to Pass Recreational Marijuana Legalization Polls show California headed toward the legalization of Recreational Marijuana with Prop. 64 Proposition 64 if passed will legalize the recreational use of marijuana for anyone over 21. If its supporters believe that passage of Proposition 64 would raise $1-B in taxes annually, dramatically reduce prison […]

Medical Marijuana Update

Medical Marijuana Update

Medical Marijuana Update The governors of Delaware and New Jersey sign medical marijuana expansion bills, casino magnate Sheldon Adelson kicks in a million bucks to fend off medical cannabis in Florida, Montana patients are losing access to providers, and more.  National Monday, a study of fatal car crashes found medical marijuana may curb opioid use. […]

5 US States May Legalize Recreational Marijuana in 2016

5 US States May Legalize Recreational Marijuana in 2016

5 US States May Legalize Recreational Marijuana in 2016 About 50% of the US has already legalized marijuana for either medical or recreational use. This November, 9 US states may continue the trend. Of those 9 states, 5 have ballot initiatives that could result in legal recreational use. California could legalize recreational use, thus making […]

Medical Marijuana Update

Medical Marijuana Update

Medical Marijuana Update As all eyes turn toward cannabis legalization initiatives looming in November, it’s been pretty quiet on the medical marijuana front. At least there’s good news from Michigan.  Michigan Last Thursday, the Senate passed an industry regulation bill allowing dispensaries. The state Senate Thursday passed a bill that would tax and regulate medical marijuana […]

Legalization of Marijuana on the Ballot in 9 States in November

Legalization of Marijuana on the Ballot in 9 States in November

Legalization of Marijuana on the Ballot in 9 States in November Ballot measures to liberalize laws involving marijuana use will be on the ballot in 9 states this November Arizona, California, Maine, Massachusetts and Nevada all will have measures on the ballot to legalize marijuana for recreational purposes. Arkansas, Florida, Montana and Missouri, will decide […]