With the shadow of a possible federal crackdown on retail marijuana looming, Colorado lawmakers are taking steps to try to protect the state’s pot businesses by letting them re-classify as medical weed purveyors if the need arises. [More]
If Feds Crack Down On Recreational Pot, State May Let Marijuana Stores Reclassify As Medical Dispensaries
The same week that the White House likened legalized recreational marijuana to the opioid epidemic, and let it be known that the Justice Department will likely begin cracking down on non-medical pot, a Republican Congressman from Virginia introduced a law that, if passed, would put an end to the federal criminalization of marijuana. [More]
Even though federal law currently prohibits the Justice Department from using any of the funding it receives from Congress to prosecute medical marijuana in 40 states (and D.C., Guam, and Puerto Rico), no law blocks the DOJ from going after recreational marijuana operations, even in the growing number of states where it’s been legalized. This afternoon, the White House likened recreational pot use to the opioid epidemic and hinted that it may opt to crack down on non-medical pot. [More]
Sen. Elizabeth Warren, Others Call On Treasury To Make It Easier For Marijuana-Related Businesses To Bank
With marijuana now legal — at least for medical purposes — in more than half the states, a small but growing number of federally insured banks have allowed pot retailers and other legitimate marijuana-related businesses to open accounts. Still, some 97% of U.S. banks won’t work with these companies over concerns about the regulatory ramifications, which is why a number of U.S. senators are asking the Treasury Department’s financial crimes division to help the marijuana industry — particularly those businesses that service the industry — move away from being purely cash operations. [More]
If you live in a state where marijuana is legal in some form, you might be looking forward to bidding 2016 goodbye and easing into 2017 with your favorite bong or a fresh batch of pot brownies. You won’t be the only one: marijuana deliveries are expected to spike on New Year’s Eve. [More]
Yesterday, voters in nine states voted on ballot initiatives related to marijuana — decriminalizing it, regulating it, taxing it, or legalizing for either medical or recreational marijuana use. So who voted yay, dude, and who voted nay? [More]
A large number of states have legalized marijuana use for medicinal purposes, even as the federal government continues to maintain that pot is as dangerous and addictive as heroin. However, even though you can’t currently be prosecuted by the feds for properly obtaining medical marijuana in a state like Nevada, your status as a confirmed marijuana user could be used to prevent you from buying a gun. [More]
People frequently refer to “legal” medical marijuana in the dozens of states that have approved at least some medicinal use of the drug but as the Drug Enforcement Agency recently made quite clear, the federal government still considers marijuana a Schedule I controlled substance with no proven legitimate medical applications. However, yesterday a federal appeals court reminded the Department of Justice that the law currently limits the government’s ability to prosecute medical marijuana cases in states where it’s allowed. [More]
As with any new consumer industry, now that more people have access to marijuana, there are businesses who want to offer them tools and gadgets to go along with their legal medical or recreational pot. And because consumers love things in pods, there’s a weed vaporizer that’s being called the Keurig machine for marijuana in development right now. [More]
Relieving pain isn’t a simple issue of taking a pill and feeling better. It’s a complicated cornucopia of treatments ranging from over-the-counter remedies to holistic healing to prescription medications, with some $300 billion a year spent each year on painkillers in the U.S. alone.
Four states and Washington, D.C., have already legalized recreational marijuana use, while medical marijuana use is currently legal (or about to become legal) in around 20 states — not to mention the many states that have decriminalized the drug. At the same time, tobacco use continues to decline and the few remaining cigarette giants can only merge with each other so many times. So is Big Tobacco destined to become Big Marijuana? [More]
Californians who were hoping to summon medical marijuana to their homes with the tap of a smartphone app will have to find anther way to get their pot, after an appeals court upheld an injunction against a weed delivery app called NestDrop. [More]
What a difference a few years makes: although marijuana is illegal under federal law, the recreational and legal cannabis industry raked in billions of dollars last year, and it’s only expected to keep on growing (pun totally intended). [More]
There are all kinds of foods that can be kosher, so why not marijuana? A pot grower in New York says its products have been certified kosher by the Orthodox Union, and will be ready to go when the state’s medical pot program starts up in January. [More]
Although it’s legal under state law to use marijuana, the Colorado Supreme Court ruled today that employers can fire workers who smoke/ingest/otherwise partake in pot when they’re off the clock.
Call it whatever you want, but SideCar probably won’t be calling its new medical marijuana delivery service in California the “Uber” of pot delivery. In a bid to compete against its rivals in the ride-sharing business as well as take advantage of state marijuana laws, SideCar is launching its service in San Francisco to bring medicinal weed from dispensaries to patients.