legalization

Cannabis stocks paradoxically fall on Schumer legalization plan

Posted on July 21st, 2021 by Global Ganja Report and tagged , , , , , , .

capitolIt's been a week since Senate Majority leader Chuck Schumer of New York, joined by Sen. Cory Booker (D-NJ) and Sen. Ron Wyden (D-OR), unveiled much-anticipated draft legislation to legalize cannabis at the federal level, calling it a "long overdue" move "to right the wrongs of the failed war on drugs." The proposed Cannabis Administration & Opportunity Act would remove the plant from the Controlled Substances Act, and allow states to craft their own cannabis policies as they do with alcohol. It would also create a federal regulatory framework and impose an excise tax for cannabis products. It includes measures that would expunge prior convictions and allow those serving time for applicable crimes to petition for resentencing.

Mexico: high court decrees cannabis decrim — but will it roll back drug war?

Posted on June 29th, 2021 by Bill Weinberg and tagged , , , , , .

MexicoTwo years and counting after Mexico’s Supreme Court ordered the country’s Congress to legalize cannabis, the high court justices ran out of patience with the legislative paralysis and issued a new ruling — this one removing penalties for personal use by judicial decree.

But there is no provision for commercial production, and the decree calls for tight federal regulation even of personal possession and cultivation. Will this move prove to be at least a beginning in the daunting challenge of ending Mexico’s long and bloody narco-nightmare?

Rhode Island senate approves legalization bill

Posted on June 22nd, 2021 by Global Ganja Report and tagged , , , , .

RhodeWith little time remaining in the regular legislative session, the Rhode Island Senate has approved a bill to legalize the possession, purchase and cultivation of cannabis for personal use for adults 21 and older. S 568 would establish a Cannabis Control Commission to regulate the legal market, tax adult-use sales at 20%, and establish a social equity program to support communities disproportionately impacted by cannabis criminalization.

Morocco gets legal cannabis sector

Posted on June 19th, 2021 by Bill Weinberg and tagged , , , , , , , , , , .

MoroccoMorocco, long the world's largest illicit producer, is finally getting a legalized commercial cannabis industry, thanks to a law actually introduced by the current otherwise conservative government. The new law is designed to daylight traditional small growers in the marginalized Rif Mountains.

But the program is geared toward the export market and explicitly bars "recreational" use. It remains to be seen whether there will be a meaningful relaxation of increasingly militarized cannabis enforcement.

Legalization bill clears Connecticut legislature

Posted on June 19th, 2021 by Global Ganja Report and tagged , , , , .

ConnecticutThe Connecticut state Senate on June 17 approved a cannabis legalization bill—one day after the House passed a revised version of the bill that has the support of Gov. Ned Lamont. The legislation establishes a framework for a recreational market for adults over the age of 21.

Cannabis legalization and the potency question

cannabisAs political and legal space opens for cannabis in state after state, the idea of caps on the potency — whether of flower, extracts or edibles — is gaining currency. But voices in the cannabis industry view this as a phobic response rooted in the flawed assumptions of prohibition.

New Mexico, Virginia latest to legalize cannabis

Posted on April 15th, 2021 by Global Ganja Report and tagged , , , , , , , .

leafNew Mexico's Gov. Michelle Lujan Grisham signed the state's cannabis legalization bill on April 12, allowing those age 21 and over to start cultivating up to six plants at home and possess up to 2 ounces (56 grams) outside their homes starting at the end of June. Retail sales are to begin in a year. On April 7, Virginia's Gov. Ralph Northam reached a deal with the General Assembly, winning amendments that speed up the state's legalization to July 1. The law will make home cultivation of up to four plants and possession of up to an ounce legal for those 21 and older. Sales are expected to begin in 2024. The Virginia law has strong social equity provisions, while those in the New Mexico bill were mostly put off to future legislation. (National Law Review, AP, NPRVirginia Mercury, Marijuana Moment, Marijuana Moment)

New York state of euphoria: MRTA becomes law at last

New YorkAfter years of activist effort, New York state finally passed the Marijuana Regulation & Taxation Act (MRTA), signed into law by a politically besieged Gov. Andrew Cuomo. This is being hailed as a victory by advocates, who pledge to craft a model of legalization that will dismantle a long legacy of racism and oppression under the prohibition regime.

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