It seems the United Nations is following the moves of the U.S. House of Representatives, which announced to the press of a scheduled vote the following Wednesday over the “Marijuana Opportunity Reinvestment and Expungement Act”.
Read more U.N. Reclassifies Cannabis and Pot Stocks Get High Off the Positive News
In 2017 Matt Frost began a cannabis undertaking that now has the cannabis industry up in talks. The newly launched cannabis vending machines are all the rave and multiple locations are now planned and being installed.
Read more Cannabis Vending Machines Are Making Their Way Across the Nation!
Whistle Blower Alleges A.G. Barr Prompted Cannabis Industry Probe. Attorney General initiated investigations into the cannabis industry improperly.
Cannabis Festivals Face Obstacles Amid CCP Virus Comeback.
Read more Cannabis Festivals Face Obstacles Amid CCP Virus Comeback
Corruption creates an uneven playing field for those looking to get in on the business. Those that are moneyed, stand a better chance at getting licenses, locking out minorities and other smaller players.
The Sunshine State may soon join the exclusive club of states that have legalized cannabis for both medical and recreational use.
Read more Florida Could Get a Boost from the Legal Marijuana Industry
In early August of 2019, the FBI officially announced that it was investigating possible corruption in the US cannabis industry. In a recent podcast, Mollie Halpern, an FBI Public Affairs Specialist, said that there is more corruption in central states where licensing is not centralized.
Read more FBI Investigates Corruption in the Cannabis Industry
The signing of HB 1438 into law brings with it new opportunities and benefits for Illinois residents. Not only can they expect to have the legal ability to buy recreational cannabis in 2020, but close to 800,000 people will have their criminal records expunged for having been convicted of possession or purchase of marijuana.
Read more Texas and Tennessee Bans Weed but Profits Off Legal Weed in Illinois
Arizona, Delaware, New York, New Jersey, Connecticut, Maryland, Rhode Island, New Mexico, and Ohio are expected to join the recreational use bandwagon. With the growing stimulus of tax revenues and more employment, the economic benefits of full legalization are not to be ignored.
Read more 20 States Expected to Fully Legalize Marijuana by 2024
The sector is now gaining a new boost thanks to the recent passing of the Agriculture Improvement Act of 2018, or 2018 Farm Bill, that rescheduled some cannabis products, including those derived from hemp.
Read more Hemp Seed Bank is Currently under Construction in New York