By strong bi-partisan margins, both houses of Congress passed the 2018 farm bill which legalizes industrial hemp. With President Trump expected to sign, it re-opens the American market for the cash crop after 50 years of effective prohibition.
A spokesman for New York Gov. Andrew Cuomo (D) said they expects to see "a formal comprehensive proposal" to legalize REC, early in the 2019 legislative session. So far Cuomo has remained silent on the market's specifics.
Howard Dean, the former Vermont Governor, presidential candidate and chair of the Democratic National Committee, is joining Canadian MED producer Tilray's advisory board alongside former Republican National Committee Chair Michael Steele.
California released its third and final regulations governing the state's REC market.
Here's what people are saying after tobacco giant Altria announced plans to acquire 45% of Canadian cannabis company Cronos Group.
“It needs to be legal, it needs to be safe and it needs to be consumable,” Coca Cola CEO said on CNBC. “It’s not there yet.”
48. Weed on Wall Street with Business Insider's Jeremy Berke
New York-based reporter Jeremy Berke joins Alex and Donnell to discuss how Wall Street banks are wading into the green rush. Plus, a few words on data firm Headset’s partnership with mainstream data juggernaut Nielsen and the accounting giant Deloitte.
At Filter, a physician tells the story of how she saw judges treat two of her cannabis-using patients.
The Colorado Supreme Court heard a case which could have repurcussions for pot-sniffing police dogs nationwide.
The Kansas Supreme Court upheld a misdemeanor conviction where the smell of marijuana supplied probable cause to search a house.