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The Latest Breaking News from Marijuana

New Jersey Update: Cannabis Deductions Bill Heads To Senate, Expungement Clinics In Trenton

Under the Internal Revenue Service (IRS) code 280E, the marijuana industry remains blocked from taking federal deductions, which precludes entities that illegally sell Schedule I or II drugs from key tax deductions in their federal filings.

Benzinga

As Schumer Pushes For Marijuana Reform, Here Are 3 Cannabis Stocks With Some Smoking Dividends

The Cannabis ETF (ARCA: THCX) is down roughly 62% year-to-date, as emerging markets have received the biggest brunt of the market downfall since the beginning of the year.

Benzinga

Marijuana Legalization Debate Heats Up In Missouri Ahead Of Midterms

With just one week before Missourians will go to the polls to weigh in on cannabis legalization, debates around its benefits and potential policy change are heating up.

Benzinga

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This Pot Stock Has Outperformed Apple, Amazon, Google, Microsoft & Netflix

Those investors who added marijuana-focused Real Estate Investment Trust – Innovative Industrial Properties (NYSE: IIPR) to their portfolios some five years ago, must be really pleased with their return on the investment.

Benzinga

Governors split on Biden’s call to pardon low-level pot offenders

When President Joe Biden in October granted blanket pardons to more than 6,500 Americans convicted of marijuana possession under federal law, he urged governors to pardon the much greater number of low-level marijuana offenders in their states.

Tribune News Service

A pastry chef and chemist combine talents to become a force in cannabis market through edibles

CHICAGO — Award-winning Chicago pastry chef Mindy Segal can be viewed as a modern-day David, using a slingshot loaded with edibles infused with THC to slay the Goliath that is the pain and discomfort of a list of ailments including cancer and multiple sclerosis ... to name a few.

Chicago Tribune

Voters in some of the most conservative states to weigh in on recreational pot

Voters in Missouri, Arkansas, North Dakota, South Dakota and Maryland will vote on legalizing recreational marijuana. Nineteen states and D.C. have approved adult cannabis possession and consumption.

WEKU

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Cannabis Licenses In New Jersey, Michigan Votes On Marijuana Businesses, Legalization In New Hampshire

NJ Awards Nearly Twenty Annual Recreational Cannabis Business Permits Adult-use cannabis sales in New Jersey launched on April 21 through seven existing medical cannabis operators.

Benzinga

Schumer Faces Growing Pressure To Get Cannabis Banking Reform Through The Senate

Equity cannabis licensees and applicants from New York and New Jersey are urging Senate Majority Leader Chuck Schumer (D-NY) to get the United States get the Secure and Fair Enforcement (

Benzinga

Why Is Weed So Good At Nausea Relief? And Does CBD Help, Too?

This article was originally published on The Fresh Toast and appears here with permission. Many people turn to marijuana for nausea relief. Why does weed help with nausea? And what about CBD? Does CBD help with nausea, too?

Benzinga

Schumer's Legalization Bill Is 'Like California Cannabis Program On Steroids' Says Industry Expert & Military Veteran

Many industry experts believe that federal cannabis legalization is inevitable. Everything seems to be pointing in that direction, although, they also agree that it's not happening any time soon.

Benzinga

Nevada Judge Rules To Remove Marijuana From Schedule 1 Drug Designation

The months-long litigation over marijuana's Scheduled 1 drug designation in Nevada is finally over.

Benzinga

Does The SEC Have It Out For Cannabis Companies?

The U.S. Securities and Exchange Commission (SEC) keeps targeting the marijuana industry for misconduct.

Benzinga

Biden's Pardon Benefits Arizona, Legalization In Kentucky & South Dakota, New Measures In Oregon

Arizona Would Be Most Benefit From President Biden's Pardons

Benzinga

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Benzinga

Rep. Melanie Morgan Accused Of Silencing BIPOC Cannabis Businesses, Circle K Weed Sales In Question & More

Weed Sales At Circle K Stations In Question

Benzinga

Trulieve Will Have Weaker Than Expected Q3 Sales, Opines This Analyst

With yet another earnings season ahead, Cantor Fitzgerald's analyst Pablo Zuanic proffered some insight into what to expect from one of the largest cannabis MSOs in the U.S. in the upcoming third quarter.

Benzinga

AOC Slams Biden's Pardons For Leaving Out Undocumented Immigrants: 'Where's Our DREAM Act?'

Rep. Alexandria Ocasio-Cortez (D-NY) is once again standing up for immigrants. In a Tuesday interview with Pod Save America, AOC applauded President Biden’s recent cannabis pardons but criticized them for excluding immigrants who were undocumented at the time of their offense.

Tribune News Service

Where did Biden’s pardon of marijuana charges leave the hundreds of Texans imprisoned?

DALLAS — President Joe Biden pardoned federal marijuana possession convictions in early October, asking state governors to do the same. Where did that leave the hundreds of Texans imprisoned on state marijuana possession charges?

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Benzinga

Scientists Investigate: Does It Makes Sense To Deny Liver Transplants To Cannabis Users?

Although the CDC estimates that 48.2 million Americans (18 percent of the population) used cannabis in 2019, at least eight states have passed laws prohibiting the denial of a

Reason

Undeterred by Pushback, Cops and Journalists Are Still Warning Parents About THC-Laced Halloween Candy

The unsubstantiated threat that strangers with cannabis candy allegedly pose to trick-or-treaters is an urban legend that never dies.

The Independent UK

Midterm: Which states put cannabis on the ballot in 2022?

Reason

Russian Court Denies Appeal From Brittney Griner

The WNBA player's nine-year sentence was upheld on Tuesday, paving the way for her transfer to a Russian penal colony.

Reason

Outside the White House, Protesters Urge Biden To Release Nonviolent Marijuana Offenders

While Biden's mass pardons for those with low-level marijuana possession convictions were greeted with cautious optimism, protesters expressed frustration over Biden's lack of action to actually release those imprisoned for nonviolent drug crimes.

Benzinga

Marijuana Support Drops In Arkansas, Fentanyl Seizure 'Enough To Wipe Out Entire County, Weed Safer Than Booze & Tobacco

Support For Marijuana Drops In This State

Benzinga

White House Protesters Holding 5-Foot Inflatable Joint Urge Biden To Keep Promise And Release All Cannabis Prisoners

Cannabis activists protested outside of the White House on Monday, urging President Biden to keep on his promise and release people who are in jail over marijuana-related offenses. The action was organized by Students for Sensible Drug Policy (SSDP) the Last Prisoner Project (LPP) and DC and Maryland Marijuana Justice

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