Cannabis Legalization News

Illinois lawmakers are expected to unveil legislation this week that would legalize and regulate cannabis sales for adults aged 21 or older; Democratic Gov. J.B. Pritzker already supports the move.

By 2028, the U.S. cannabis market could be worth $41 billion pre-tax, according to analysts at Barclays.

Connecticut lawmakers are hoping for a 20 percent overall tax on adult-use cannabis products with an optional 3 percent tax for local municipalities; the tax plan would keep Connecticut’s cannabis tax on par with neighboring Massachusetts.

The survey also found that 84% of Americans favored cannabis legalization of some form.

California Senator and 2020 presidential hopeful Kamala Harris said during a live-streamed interview on Wednesday that convicted cannabis dealers should be pardoned and given the opportunity to participate in the industry they pioneered.

Canadian LP Canopy Growth has agreed to purchase the multi-state cannabis operator Acreage Holdings for a whopping $3.4 billion — but not until cannabis is federally legalized in the U.S.

A strong majority of British Columbia residents say they are so far satisfied with the federal legalization of cannabis.

Home prices in cities with easy access to adult-use cannabis dispensaries have risen on average by 8.4 percent since 2014.

A Florida House proposal to legalize and regulate adult-use cannabis will be refused a hearing, debate, and vote by legislative leaders.

Georgia lawmakers have approved a bill establishing comprehensive medical cannabis reforms; the governor is expected to sign the bill into law.

Legislative leaders had packaged the medical cannabis and recreational bills together hoping to garner more ‘yes’ votes for legalization, but may need to take separate action to benefit medical patients if the adult-use bill continues to flounder.

At least one New York village has announced plans to sue the state government if lawmakers approve statewide legalization legislation.

Guam lawmakers narrowly passed a legalization bill on Wednesday; the bill now goes to Gov. Lou Leon Guerrero for her final decision on legalizing cannabis in the U.S. territory.

A vote was expected after the legalization bill passed two legislative committees last week, but a number of dissenting Democratic senators means the vote would fail — for now.

A hemp bill has passed unanimously from the Idaho state House of Representatives to the Senate; lawmakers are anxious for a change in the face of hemp’s recent federal legalization.

New York’s governor has pulled his cannabis legalization plan from the state’s budget, planning instead to let lawmakers address the issue in the next legislative session this summer.

After it passed several key legislative hurdles, New Jersey lawmakers are set to vote on the state’s pending legalization bill as early as next week.

Several Black lawmakers in New York say they will not support any legalization bill that does not provide explicit, specific provisions for reinvestment in minority communities.

An American law firm is suing U.S. Customs and Border Protection to get documents released showing whether or not the agency has the authority to hand out lifetime bans, as it has been doing for Canadian cannabis workers since last year.

A compromise bill between Senate Republicans and House Democrats has been approved in the New Mexico House of Representatives.

A bill introduced in 2017 that failed to receive a hearing has been re-introduced to the Senate in the new session.

The legalization bill now advances to the Senate but Republican Gov. Chris Sununu has already promised to veto the legislation if it were to reach his desk.

Statistics Canada released consumer data showing that men and younger demographics seem to be the majority of consumers at this stage.

Researchers investigated over 800,000 high school students in 45 states and discovered that medical cannabis legalization appears to lead to a decline in teenage and adolescent cannabis consumption.