Legalizing recreational marijuana, Canada begins a national experiment. This post from The New York Times reports how legal weed was celebrated amid euphoria and caution. Canada on Wednesday became the first major world economy to legalize recreational marijuana, beginning a national experiment that will alter the country’s social, cultural and economic fabric, and present the ... Continue Reading
drug laws
What the FDA Recommends About CBD Scheduling
FDA considered 8 factors to make its CBD scheduling recommendation, concluding that CBD doesn’t meet the criteria for federal control at all. This post from Marijuana Moment sheds more light on FDA's suggestions. Last week’s decision by the U.S. Drug Enforcement Administration (DEA) to place a marijuana-derived drug in the least restrictive category under federal law was ... Continue Reading
Lib Dems Call for Marijuana Legalization and Regulation
The Liberal Democrats see marijuana legalization and regulation as the way out of the failed war on drugs. This post from BBC News reports how Lib Dems are in favor of a responsibly regulated marijuana market. The Liberal Democrats are backing a new report calling for the legalised sale of marijuana through licensed outlets, including "cannabis social ... Continue Reading
Legal Marijuana Businesses Reel Under 70% Fed Taxes
Section 280E of the tax code is making legal marijuana businesses to pay up to 70% in taxes effectively. This post from The Daily Beast highlights how the legit marijuana industry has been crippled by old tax laws. A law passed in the ‘80s to prevent drug dealers from getting tax breaks is now taking a huge chomp out of legitimate outfits in Colorado and ... Continue Reading
Bernie Sanders: First 2016 Candidate to Call for Legal Marijuana
Marijuana legalization advocates say Bernie Sanders became the first major presidential candidate to call for legal marijuana during Tuesday’s debate. This post from BuzzFeed News reports that the Sanders campaign is more cautious, but it’s clear the shift advocates were looking for has come. The first Democratic presidential debate on Tuesday wasn’t the splashy policy ... Continue Reading