As the spread of the coronavirus continues and anxiety for Americans escalates, operators of cannabis dispensaries have reported that business is booming. Named by several cities as “essential businesses,” dispensary owners have reported long lines of customers, similar to what has been seen at grocery stores and pharmacies.
Governor Cuomo at his 2020 State of the State address last month vowed to legalize Marijuana in New York – citing the effort as a long overdue criminal justice reform. Quickly moving forward with his promise, Cuomo introduced new cannabis legislation as a part of his 2020 budget proposal.
Mitch McConnell is widely considered the most significant roadblock to passing marijuana legalization into federal law insofar as the decision on which bills are heard and which are not is the sole prerogative of the Majority Leader.
The US could soon be the last bastion of federal marijuana prohibition in North America, as newly elected Mexican president advocates for legalization. Plus, the latest results of Gallup’s annual Crime survey are in, and they show support for legalizing marijuana holding steady at 66% from last year.
As the rising tide of support for cannabis legalization continues to swell, private wealth advisors are beginning to recognize its huge potential as an investment opportunity – just ask Carol Pepper, founder and CEO of Pepper International.
Candidates Overwhelmingly Support Legalization. Plus, Colorado Surpasses $1B in Cannabis Sales in Record Time and Congress Hears Historic Cannabis Reform Testimony from Powerful Coalition of Civil Rights Activists
20 Governors Pen Letter to Congress in Support of Cannabis Banking Reform; Leading CPG Data Firm IRI Partners with Cannabis-focused BDS Analytics.
CBO Scores Cannabis Banking Bill; Rand Paul says “Good Chance” it gets a Hearing.
38 State Attorneys General Sign Letter to Congress Urging Action on SAFE Banking Act
Colorado legislature passes law promising new wave of cannabis investors; Missouri expands medical MJ program.
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