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January 11, 2019

The marijuana industry is boasting its largest lobbying team in Washington ever, as it gears up to push through major legislation in 2019.

The Cannabis Trade Federation (CTF), a nonprofit to educate and advocate for cannabis in public policy, has hired 15 lobbyists to push the Strengthening the Tenth Amendment Through Entrusting States (STATES) Act, the group first told The Hill.

The bill would protect state laws regulating marijuana use from the federal government.  

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January 10, 2019

In his first state budget, California Gov. Gavin Newsom recommended a sharp increase in spending for marijuana regulatory programs.

But it’s an open question whether additional funding will be enough to help steady the state’s cannabis economy.

The governor’s budget proposes setting aside more than $200 million for marijuana-related activities in the fiscal year that starts July 1.

That total would be more than a 50% boost from the current budget.

California’s top marijuana regulator, Lori Ajax, has said the state intends to get more businesses licensed and operating in 2019, while cracking down on rogue operators who continue to proliferate statewide.

January 09, 2019

With the rapid spread of marijuana legalization in the US, lawyers are discovering that the tangled web of regulations guiding the rapidly growing industry is a ...

January 03, 2019

The start to 2019 looks to be much more promising for the cannabis industry than last year. If you'll recall 2018 began with then Attorney General Jeff Sessions rescinding the Cole Memorandum. Stocks plunged on the news and many in the industry began to worry if their assets would be seized and if more restrictions were in the pipeline.

December 12, 2018

As big as 2018 has been for marijuana, one industry expert said 2019 is likely to be even bigger.

Over the past year, Michigan and Vermont legalized recreational marijuana use, and Utah and Missouri approved medical marijuana programs. And the entire nation of Canada decided to allow people to use cannabis.

David Goldstein, with the cannabis information company Potbotics, said 2018 was a huge year for marijuana. He said 2019 could be even bigger.

September 28, 2017

In Canada, a federal panel recommended that the government should impose strict regulations on packaging and advertising of marijuana when the country legalizes marijuana for recreational use...

September 27, 2017

The munchies are driving up fast-food sales in states where marijuana is legal. Cannabis has been shown to increase users’ appetite, sending many customers of legalized dispensaries to fast-food...

September 24, 2017

One of the hardest things for a legal marijuana business to do is open a bank account, because Federal law prohibits it. In Washington state, which will sell about $1B of marijuana this year, just...

September 15, 2017

Marijuana may be illegal at the federal level, but that hasn't slowed growth of the drug one iota within the U.S. or North America. In June, Mexico fully legalized medical cannabis, and right now Canada is...

August 25, 2017

Marijuana-related businesses face a funny problem: they make lots of money yet can’t securely put it in banks. The US banking system is nationally regulated and weed’s illegal under federal law, a...

September 18, 2017

 Legal pot is popping up all around the country. Now, a Valley marijuana company is looking to cash in by buying an entire California town to build a pot paradise...

September 15, 2017

Atlantic City’s appeal is slowing to a crawl, but Democratic lawmakers are hoping to regain an East Coast advantage by beating neighboring states to legal weed...

September 18, 2017

Initial coin offerings (ICOs), a new way for startups to get funded by selling digital tokens in lieu of shares, have exploded. ICOs have raised $2.4 billion in 2017, according to a report from ICOBox...