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As the hallowed cannabis holiday for stoners-turned-business-entrepreneurs falls upon us, we find ourselves in the shifting sands of change in the cannabis industry as usual. Not surprisingly, many states have seen...more
The legal status of cannabis and hemp in the United States remains uncertain, which makes the executive branch’s policy stance on these issues extremely pertinent to the future of these industries. Cannabis remains federally...more
Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana. This week, legislation that would ban intoxicating hemp is moving through the Texas legislature. We applaud the state...more
Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana. This week, we’re taking a deep dive into the world of intoxicating hemp. We’ll check in on the latest attempts to...more
Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana. This week, the House Appropriations committee weighed in on protecting state legal markets and rescheduling. A...more
There Has Been Little Movement in Federal Legalization. This has led to cannabis investors and companies to downgrade expectations for federal legalization and focus their strategies on state reform. Federal lawmakers...more
I’m not proud of it, but I’m the resident cynic amongst the editorial staff here at Budding Trends when it comes to federal marijuana reform. And after all, someone has to temper the frivolous whims of others. But we’re...more
This past week, U.S. Senator Schumer introduced a draft of The Cannabis Administration & Opportunity Act (“CAOA”) – legislation that is being referred to as the most comprehensive bill designed to end the federal prohibition...more
Three separate marijuana-related proposals were announced by Ohio legislators in May. House Bill 634 would allow the cultivation of up to 12 marijuana plants and possession of up to 100 grams of marijuana or 10 grams of...more
Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana. It was a busy week for the states, as Virginia moved towards decriminalization. The state House and Senate passed...more
A bipartisan bill was introduced in the U.S. House of Representatives on January 13, 2020, that (1) would allow hemp-derived cannabidiol (CBD) to be regulated as a dietary supplement, if all of the other applicable...more
The big news on Capitol Hill this week was the Senate’s lack of action on the banking bill. Senator Mike Crapo (R-Idaho), the chairman of the Senate banking committee, opposes legalization and seemed disinclined to move on...more
Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana. New Jersey is talking about decriminalizing marijuana. Regular readers will doubtless recall that legalization...more
Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana. Let’s start off on Capitol Hill, where the MORE Act made its way out of the House Judiciary Committee this week. ...more
Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana. The big news this week comes from the USDA. The agency officially proposed rules for the industry, which are...more
The laws and regulations of the U.S. and each individual state are evolving at a significant pace concerning one genus of flowering plants, and mostly with a tender embrace. Despite being criminalized for the greater part...more
The Cannabis Conundrum: The Evolving Landscape & Risk Mitigation for Hemp & CBD - The cannabis industry, including marijuana, hemp and cannabidiol (CBD), is complex and rapidly evolving. Shook Partners Mike Barnett,...more
For years, many have argued that the federal government should legalize marijuana. Despite a vocal minority advocating for legalization, such efforts have largely fallen on deaf ears....more
Yesterday, Senators Brent Jackson (R-Sampson), Norman Sanderson (R-Pamlico) and Todd Johnson (R-Union) introduced S.B. 315 (the “North Carolina Farm Act of 2019”), a bill to create the North Carolina Hemp Commission. The...more
New York Governor Andrew Cuomo’s Proposed Legislation on Legalization of Cannabis - Under the leadership of New York Governor Andrew M. Cuomo (whose party also controls the State legislature), the Empire State appears...more
Federal legislators continue to struggle over the growing disconnect between increasing State legalization of the cannabis industry, and the continued illegality of cannabis under federal law....more