Breaking News: US to end policy that let legal pot flourish

WASHINGTON — Attorney General Jeff Sessions is going after legalized marijuana. Sessions is rescinding a policy that had let legalized marijuana flourish without federal intervention across the country. That’s according to two people with direct knowledge of the decision. They were not allowed to publicly discuss it before an announcement […]

Australia Becomes Latest Nation To Approve Medical Marijuana Exports

Until today, medical marijuana producer Auscann was working under the assumption that it had a target market of about 3 million Australians dealing with chronic pain. Suddenly, its potential market has been blown wide open. The Australian government announced today that it would allow medicinal cannabis exports. It said the move would boost opportunities […]

GOP Fears 2018 Backlash After Sessions Cannabis Crackdown

The Justice Department’s decision to free federal prosecutors to enforce marijuana laws in states that have legalized the drug adds to the political burdens of congressional Republicans trying to hold their House and Senate majorities in an already challenging election year. An early indication of the issue’s potency was the […]

Illinois’ Cannabis Industry Doesn’t Expect Any Changes Despite New Federal Policy

Members of Illinois’ medical marijuana industry say they’re disappointed by U.S. Attorney General Jeff Sessions’ move to allow more aggressive enforcement of marijuana laws — but business operators maintain existing laws will protect them. And one of the sponsors of a proposal to legalize recreational pot in Illinois says the federal shift […]

California Lawmakers Say New Marijuana Cultivation Laws Favor Large Corporate Farms

California’s new rules allowing marijuana cultivation favor large corporate farms despite a promise in Proposition 64 that small growers would be protected, according to a group of state lawmakers and marijuana industry leaders who called Monday for the policy to be changed. The California Department of Food and Agriculture issued emergency rules […]

California Looks To Solve Banking Issues As Legal Marijuana Nears

California has a possible solution to the problem of banks being unwilling to handle money from the state’s multibillion-dollar legal marijuana industry, one that officials say would be the first system of its kind in the nation. Talks are underway between the state, banks and federal regulators on a plan […]

California Issues First Legal Marijuana Business Licenses

California’s legal marijuana market is finally, fitfully, taking shape. The state on Thursday issued the first batch of business licenses to sell and transport recreational-use pot, just 18 days before legal sales will begin on Jan. 1, 2018. The 20 temporary licenses — some of which were for the previously […]

Vermont Likely To Legalize Marijuana In Early January

Vermont appears poised to become the next state to legalize marijuana. And, according to top elected officials, it is likely to do so within a matter of weeks. Last week, House Speaker Mitzi Johnson, a Democrat, said she expects “it likely will pass in early January.” Days earlier, Gov. Phil Scott, […]

To Curb Black Market, Canada Plans To Sell Grams Of Marijuana For Only $7.77

As Canada gears up to legalize marijuana in July of next year, Ottawa agreed to sell weed at $7.77 a gram—$10 in Canadian dollars—which will only add to the country’s deficit. The Canadian government announced that provinces will receive 75 percent of the tax revenues to help cover the costs of […]

Ballot Proposal Would Allow Anyone Over 21 To Grow Cannabis In Ohio

A group of local investors who failed in their bid to secure a state license to grow medical marijuana on Monday announced plans for a statewide ballot issue to fully legalize marijuana. Jimmy Gould, chairman of Cincinnati-based Green Light Acquisitions, proposed an Ohio constitutional amendment that would allow anyone 21 or […]