Marijuana Stocks Are Doomed if Trump Reneges on His Pot Pledge
With some small exceptions over the past couple of years, marijuana's expansion has been practically unstoppable. In the November elections, eight of the nine states voting on cannabis initiatives and amendments favored legalizing medical or recreational pot (sorry, Arizonans), while two states, Ohio and Pennsylvania, also wound up legalizing medical cannabis entirely through the legislative process last year. By year's end, 28 states had legalized medical cannabis, while eight had legalized recreational weed.
As weed has expanded, pardon the pun, like a weed, so has the public favorability toward the drug. A 2016 Gallup poll found 60% support for the nationwide legalization of marijuana, which compares quite favorably to just the 25% who felt the same way in 1995, the year before California became the first state to pass a Compassionate Use law for medical cannabis patients.
Colorado pot club measure clears 1st hurdle
DENVER (AP) — Colorado is moving ahead with a first-in-the-nation attempt to allow marijuana clubs.
But the measure that passed a Republican state Senate committee Wednesday evening doesn’t go as far as some marijuana activists hoped.
The bill would allow on-site marijuana consumption at private clubs in willing jurisdictions. And those clubs may allow indoor pot smoking, despite health concerns about indoor smoking.
But the bill is far from allowing a statewide network of pot clubs. For one, it would allow any jurisdiction to ban them, same as they can currently prohibit retail pot sales.
Oregon Lawmakers Push to Protect Pot Users’ Info from U.S.
SALEM, Ore. (AP) — Oregon lawmakers worried about a nationwide crackdown on legal marijuana under President Donald Trump’s administration are rushing to protect the personal information of pot customers in case federal agents try to seize it.
A bipartisan group of lawmakers is taking one of the first direct state actions in response to White House spokesman Sean Spicer last week suggesting a boost in enforcement of federal anti-marijuana laws.
U.S. Attorney General Jeff Sessions said this week that the Justice Department is reviewing an Obama-era memo giving states flexibility in passing marijuana laws.
States Plot Marijuana Defense As Sessions Goes Off Again
John Hickenlooper has never been a huge fan of marijuana legalization. When Colorado voted to legalized marijuana in 2012, Hickenlooper, a former mayor of Denver who’s served as the state’s Democratic governor since 2010, was in the minority who voted against legal cannabis. Now, the country’s marijuana movement is hoping Hickenlooper is serious when he suggests that he likes Donald Trump messing with him and his state even less than the reefer.
On Sunday, Hickenlooper appeared on NBC’s Meet the Press to utter the great conservative mantra—states’ rights—and declared, if in the most passive-aggressive (read: mainstream Democratic) way possible, his intent to abide by his oath of office and defend Colorado from all threats, foreign and domestic, even if that threat is the federal government and Attorney General Jeff Sessions.
Marijuana CEO Breaks Barriers with Chamber of Commerce Position
Marijuana has been fighting to make its way into mainstream acceptance since, well, as long as anyone alive can remember. That fight moved one round closer to completion with the election of Jake Salazar, CEO of MMJ America, to the board of directions for the Denver Hispanic Chamber of Commerce.
The appointment is a positive for both Salazar and the marijuana industry, giving them a nice recognition by the business community. A number of large businesses are represented in the Hispanic Chamber of Commerce, including Denver International Airport, MillerCoors, Bank of America, Xcel Energy and the ACLU.
Coming up on the 10th anniversary of MMJ America, Salazar has had the benefit of seeing the industry change from hidden grow houses to a full-scale industry.
How Trump’s Draconian Immigration Plan Will Encourage Organized Crime
“The moral case against President Trump’s plan to uproot and expel millions of unauthorized immigrants is open-and-shut. But what about the economic cost? This is where deeply shameful collides with truly stupid.”
Just how stupid?
Former Labor Secretary Robert Reich debated former Arizona sheriff Paul Babeu on CNN’s Anderson Cooper 360, during which Babeu cited anecdotal stories about how illegal immigrants were responsible for thousands of crimes in the United States and how Trump’s immigration plan would restore law and order.
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