MORE ACT Archives - Cannabis Business Executive - Cannabis and Marijuana industry news

Clear and Present Danger: Federalism and Cannabis Reform

We are quickly approaching an era of rapid change and development within the global cannabis space. As of this writing there are two primary pieces of comprehensive marijuana reform legislation being talked about on capitol hill. The Republican version, States…

Memphis lawmaker takes aim at decriminalizing marijuana possession under an ounce in Tennessee

January 29, 2021
AggregatedNews
Tennessee
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Memphis Representative London Lamar thinks it's high time for Tennessee to catch up with its neighboring states. Tennessee is only one of six states where marijuana is still considered fully illegal. That's why she introduced a bill that hopes to…

The USA Cannabis Opportunity is Significant: New entrants who know what they are doing and operate smartly will be successful

By Terry Booth Compared to Canada, the American cannabis industry is a very different ballgame — and it’s still only in the first inning. The highly rated research team at Cowen & Company, led by Vivien Azer, estimates that the…

CANNABIS CRYSTAL BALL: What Lies Ahead for the Cannabis Industry in 2021 and Beyond

By Reggie Snyder In early 2020, prior to the coronavirus pandemic, cannabis reform efforts were making steady progress on Capitol Hill. By all objective metrics, 2020 was initially shaping up to be a banner year for the cannabis industry at…

Bill decriminalizing marijuana ‘great step’ but ‘largely symbolic,’ says cannabis COO

This week became historic for the “legalize marijuana” movement, with the House of Representatives passing the MORE Act by a vote of 228-164 on Friday. The bill would decriminalize cannabis and marks the first time that Congress has ever voted on the…

House votes to decriminalize marijuana as GOP resists national shift on pot

December 4, 2020
AggregatedNews
Federal
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The House endorsed a landmark retreat in the nation’s decades-long war on drugs Friday, voting to remove marijuana from the federal schedule of controlled substances and provide for the regulation and taxation of legal cannabis sales. The vote was 228-to-164…

House will vote on cannabis legalization bill in December

A bill to remove federal penalties on marijuana and scrap some cannabis-related records will receive a vote on the House floor in December, according to House Majority Leader Steny Hoyer. In a letter to colleagues Monday, Hoyer outlined the legislative schedule for the lame-duck…

House vote on marijuana legalization bill postponed after backlash from moderate lawmakers

Democrats in the House of Representatives postponed a planned vote next week on marijuana legalization following a backlash from moderate Democrats. The legislation, the MORE Act, would legalize marijuana at the federal level and expunge some marijuana-related criminal records, though it…

Moderate Democrats push leadership to pull marijuana legislation

Centrist Democrats are pushing House Democratic leadership to pull legislation expected to reach the House floor next week that would decriminalize marijuana at the federal level. The Democrats are expressing frustrations the bill is slated to come up for a…

Marijuana vote poses November risk for Democrats

Democrats are taking an unprecedented gamble this month: voting to legalize cannabis at the federal level. The MORE Act would remove the penalties for marijuana, erase some criminal records and create grant programs for people hit especially hard by the…

(Meaningless?) Federal Vote on Marijuana Legalization is on the Horizon

September 2, 2020
Hilary Bricken
Federal
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By Hilary Bricken, Co-founder Harris Bricken I’ve been practicing corporate, transactional, and regulatory law in the marijuana industry for going on 10 years now. I’ve never understood exactly why folks get excited about, or even remotely interested, when various lifetime…

Bill to decriminalize marijuana at federal level up for House vote next month

A landmark bill that would decriminalize marijuana use at the federal level is up for vote soon. The U.S. House of Representatives is set to vote on the legislation in September, according to an email sent out on Friday by Majority Whip James Clyburn. Politico first reported on…

Cannabis legalization: Five highlights of the MORE Act and what you need to know about it

Cannabis by Caltabiano Everyone knows the legal cannabis sector is seemingly unstoppable as an emergent business sector. Everyone also knows it is a business space in the U.S. that is defined by complex and challenging regulations and legalities that restrict…

Wednesday’s marijuana legalization vote was truly historic — here’s why

On Wednesday, members of Congress did something that they had never done before. For the first time ever, a body of the U.S. Congress voted to end cannabis’s nearly century-long status as a federally prohibited substance. By a vote of…

Sorry, Congress Probably Isn’t Going To Legalize Marijuana This Year

If you stick your head out the window and listen carefully, you will hear the shrieks, screams and howls of the cannabis community. In spite of the go-nowhere year that the United States has suffered concerning marijuana reform, a lot…