US Capitol
Marijuana Legalization

Chairwoman Velázquez Introduced Bill To End Marijuana Prohibition And Promote Small Businesses

House Small Business Committee Chairwoman Nydia Velázquez along with Representatives Jared Golden and Dwight Evans introduced a package of legislation, (H.R. 3540, H.R. 3543, and H.R. 3544, that would remove marijuana from the Controlled Substances Act and extend several Small Business Administration (SBA) initiatives to small businesses operating in the cannabis sector. [read more]

minority cannabis business association
Marijuana Business

Minority Cannabis Business Association To Fast-Track the Development Of Minority Businesses

The Minority Cannabis Business Association (MCBA) and Merida Capital Partners (Merida)announced the launch of the Inclusive Industry (“i2”) Accelerator, a program designed to: fast-track the development of minority-owned businesses in the burgeoning cannabis industry by creating meaningful executive mentorship for minorities; increase diversity and inclusiveness in key networks within the cannabis ecosystem; and develop [read more]

Marijuana Business

Introduction Of State Cannabis Commerce Act Moves Nation Closer To Interstate Cannabis Markets

The United States today moved an important step closer to normalized interstate cannabis markets with the introduction of The State Cannabis Commerce Act by Senator Ron Wyden and Representative Earl Blumenauer.  The legislation, which broadly protects state-regulated cannabis industries from federal interference, would also bar federal agencies from interfering with cannabis commerce happening under interstate agreement. [read more]

New York Assembly Chamber
Marijuana Legalization

NY Lawmakers Advance Measure Reducing Marijuana Possession Penalties, Expunging Past Convictions

State lawmakers late last week advanced legislation to the Governor’s desk amending marijuana possession penalties and establishing procedures for the automatic expungement of prior, low-level cannabis convictions. The legislation, Assembly Bill 8420-A, reduces the penalty for minor marijuana possession violations (up to one ounce) to a $50 fine. It also amends penalties for [read more]

diabetes marijuana cannabis
Marijuana Studies

Cannabis Protects Against Diabetes Among Those Overweight According To Study

A history of cannabis use is associated with lower fasting insulin levels in obese subjects, according to data published in The Journal of Diabetes. Canadian researchers assessed the relationship between cannabis consumption and fasting insulin levels and insulin resistance in a nationally representative sample of over 129,000 adults. They reported that both current and [read more]