U.S. says immigrants can be denied citizenship over marijuana ties, even in states where it's legal

U.S. says immigrants can be denied citizenship over marijuana ties, even in states where it's legal

“As people around the country mark 4/20 — the unofficial holiday celebrating marijuana — U.S. officials have released new guidance around marijuana for immigrants hoping to earn U.S. citizenship. Officials said Friday that immigrants involved with cannabis in any way — even in states where it has been legalized — could disqualify them from naturalization.” – CBS News

Attorney General Barr Indicates Support For Federal Marijuana Legalization Bill

Attorney General Barr Indicates Support For Federal Marijuana Legalization Bill

“William Barr, the new Attorney General for the Trump administration, indicated support for a pending federal marijuana legalization bill during an appearance before Congress on Wednesday. Responding to a question from Republican Sen. Lisa Murkowski of Alaska about the Strengthening the Tenth Amendment Through Entrusting States (STATES) Act, Barr said that the contradiction of a federal ban on cannabis while it has been legalized in some form in a majority of the states should not continue.” – High Times

New Mexico Decriminalizes Adult Use Cannabis

New Mexico Decriminalizes Adult Use Cannabis

“Local Albuquerque station KRQE reports that "Gov. Michelle Lujan Grisham signed legislation last week that will decrease penalties for cannabis possession from a criminal to civil violation. Individuals caught with less than half an ounce of cannabis will face a $50 fine, instead of jail or prison time. Reduced penalties for being caught with drug paraphernalia (accessories) will also go into effect. The new law pertaining to cannabis reform goes into effect on July 1, 2019." – Forbes

Pot Sales Expected to Double on Special Day: Cannabis Weekly

Pot Sales Expected to Double on Special Day: Cannabis Weekly

“The origins of 4/20 are obscure, but the most common story is about a group of 1970s high-school students who’d meet outside their school at 4:20 p.m. to search for a legendary abandoned marijuana crop (which, needless to say, they never found). Whatever its source, 4/20 has become the busiest cannabis sales day of the year, according to data provider Headset Inc.” – Bloomberg

New Study Suggests Cannabis May Be Effective For Rheumatoid Arthritis

New Study Suggests Cannabis May Be Effective For Rheumatoid Arthritis

“As a plant-based medicine with a high safety profile and a molecular complexity that defies big pharma economics, cannabis is increasingly living up to its potential as a medicine of the people, for the people. And Baby Boomers and older adults suffering from RA and other inflammatory conditions of the joints are benefitting from it in ever increasing numbers, even without the science.” - Forbes

The STATES Act Is Back. Can It Win Over Congress?

The STATES Act Is Back. Can It Win Over Congress?

“The STATES Act, one of the leading efforts to end cannabis prohibition at the federal level, has stepped back into the spotlight. Sens. Elizabeth Warren (D-MA) and Cory Gardner (R-CO) this week reintroduced the bipartisan bill, which would allow states to craft their own policies on cannabis. While it wouldn’t legalize the drug nationally, it would largely resolve the existing conflicts between state and federal law.” – Leafly

NBEV Stock Soars 39% After Walmart Deal, CBD Drinks To Follow

NBEV Stock Soars 39% After Walmart Deal, CBD Drinks To Follow

“Shares of New Age Beverages Corp surged close to 39 percent after it stitched a distribution deal with retail giant Walmart for selling its Marley brand of drinks. The Walmart deal is New Age’s first national distribution pact. New Age Beverages took over the assets of Marley Beverage Co in mid-2017.” – International Business Times

Constellation Makes Big Cannabis Bet

Constellation Makes Big Cannabis Bet

“Constellation is making big bets on cannabis. They have been continuously adding to their stake in Canopy Growth CGC , which is the leading player in the Canadian cannabis market. STZ just added another $4 billion investment in August bringing its total stake in Canopy to 38% ownership. The Canadian cannabis industry is quickly expanding, with total sales for 2019 expected to be over $7 billion. Below is a projection of cannabis users and use for Canada in the coming years, data and graph provided by Cannabis Business Plans.” - NASDAQ

Seth Rogen finally joins the marijuana business through Canopy Growth

Seth Rogen finally joins the marijuana business through Canopy Growth

“Seth Rogen is known for making movies in which characters often explore their love of cannabis. It makes sense these movies, ones like Pineapple ExpressThis Is The End, and Superbad, all serve as touchstones for those who already love cannabis. But now Rogen wants to “make it easier for people to learn to love cannabis.” – The Growth Op

Meet the Pro Athletes Advocating for CBD

Meet the Pro Athletes Advocating for CBD

“In his younger days, Ryan VandenBussche lived a life others would consider a dream. At just 19 he was already playing professional hockey, first in the minor leagues and then moving on to the big time in the NHL. Over 14 years, he became known as one of the toughest enforcers in the league…” – Men’s Health

Marijuana Banking Bill Approved By Congressional Committee

Marijuana Banking Bill Approved By Congressional Committee

“A congressional committee voted on Thursday to approve legislation aimed at increasing marijuana businesses' access to banks. Following multiple days of lengthy debate and consideration of several amendments, the House Financial Services Committee voted 45 to 15 to advance the legislation to the full body.” - Forbes

Chicago's Cresco Labs to buy Origin House for $850 million as pot industry dealmaking heats up

Chicago's Cresco Labs to buy Origin House for $850 million as pot industry dealmaking heats up

“Cresco Labs has agreed to pay about $850 million to acquire cannabis distribution company Origin House in a deal that will deepen the Chicago company’s presence in California and put its products on shelves at more than 725 dispensaries around the country.” – Chicago Tribune

Legal weed for N.J. takes a huge step forward. We now expect final votes next week.

Legal weed for N.J. takes a huge step forward. We now expect final votes next week.

“New Jersey on Monday took another big step toward legalizing recreational marijuana, as two state legislative committees approved a new weed bill, setting up historic votes in the full state Legislature next week.” - NJ.com

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