Congress Holds Historic Vote Today on Federal Cannabis Legalization in the MORE Act

Congress Holds Historic Vote Today on Federal Cannabis Legalization in the MORE Act On Wednesday the 20th of November, 2019, The MORE Act or the “Marijuana Opportunity, Reinvestment and Expungement Act” is expected to have a Judiciary Committee Vote. While certain analysts says this bill has a 1% chance of…

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California cannabis company receives historic $1 million insurance payout following fire

It’s believed to be the largest insurance award ever given to a legal marijuana business. Industry insiders also see the event as another indicator of how rapidly the legal cannabis industry has matured, and how much corporate America’s “take” on cannabis companies has changed. Earlier this month the Santa Barbara…

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Hemp operation opens in historic florist greenhouse

An agricultural biotechnology company has launched a hemp grow operation in a newly renovated greenhouse space on the grounds of the historic Lafayette Florist. Lafayette-based Front Range Biosciences rented the 12,000-square-foot greenhouse — which had been used to grow flowers since the 1970s — and is growing industrial hemp clones…

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First marijuana spa in U.S. applies to operate in historic Denver mansion

Published: Feb 9, 2018, 12:11 pm • Updated: Feb 9, 2018, 5:07 pm By Lindsey Bartlett, The Cannabist Staff A historic mansion blocks from Colorado’s state Capitol could soon be the home of the nation’s first legal marijuana spa. Utopia All Natural Wellness Spa and Lounge submitted its application for…

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Wholesale cannabis prices hit historic lows in January, but don’t blame Sessions

Published: Jan 25, 2018, 3:52 pm • Updated: Jan 25, 2018, 4:19 pm By Bruce Kennedy, The Cannabist Staff The price of a pound of legal marijuana plummeted in January, according to a new report tracking the commodity’s U.S. spot price index. The first month of 2018 has been marked…

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More stories and pics from historic first day of recreational cannabis sales in California

Published: Jan 2, 2018, 4:03 pm • Updated: Jan 2, 2018, 4:05 pm By The Cannifornian (multiple Authors) Celebrating a major shift in cultural attitudes about cannabis — or just looking to enjoy the right to get high without legal entanglements — Californians lined up at dispensaries up and down…

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Historic First: California Awards First Commercial Insurer For Cannabusinesses

Historic First: California Awards First Commercial Insurer For Cannabusinesses Another sign of the times – for the first time in history, a state no other than California, approves an insurance provider for the cannabis industry. California Insurance Commissioner Dave Jones announced in a press release that Golden Bear Insurance has…

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World Leaders On Upcoming UN Special Session: ‘Historic Opportunity’ To End Failed Drug War

A bold public statement was released today by the Global Commission on Drug Policy stating that “an historic opportunity to achieve more humane and effective drug policy is at risk.”  The Commission is referring to the 2016 United Nations General Assembly Special Session (UNGASS) on drugs — a meeting of…

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‘Historic’ Turnout For Deschutes Cannabis Businesses At County Planning Commission

Nearly 75 Deschutes County business owners and allies wearing green ribbons filled the room at the Deschutes County Planning Commission meeting last night. The group delivered a petition signed by more than 200 local business owners, farmers and residents urging the Planning Commission to support licensed cannabis farming and other…

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Historic Sentencing Reform Bill Passes House Judiciary Committee

Today, the House Judiciary Committee voted unanimously to advance the Sentencing Reform Act. The bill, introduced by Chairman Bob Goodlatte (R-VA) and Ranking Member John Conyers (D-MI), and sponsored by thirty other Representatives, would reduce mandatory minimum sentences for drug offenses, expand the federal “safety valve” (which allows judges to…

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