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Marijuana News Recap for June 2021

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In this marijuana news recap we look at the shifting laws across the country over the past month.More states have legalized recreational cannabis. Medical cannabis programs have been expanded. And new business applications are available.The future is bright for the cannabis industry.

Nevada Approves Cannabis Consumption Lounges

Nevada is on its way to having its first cannabis consumption lounges. Right before the legislative session ended, Nevada lawmakers passed Assembly Bill 341 allowing two types of cannabis lounge licenses*:One for dispensaries that want to add a consumption lounge on the same property (one per operator) One for standalone consumption lounges that can sell single-use products*No alcohol can be sold in these establishments. ...

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Top Cannabis Stocks for June 2021

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Here are our top cannabis stocks for June 2021. The cannabis industry is growing at a blazing fast rate and offers promising stock options for long-term investors. Even during the pandemic, cannabis companies have seen strong gains.For investors who want to invest in marijuana stocks with a budding future, these are the top stocks to consider adding to their portfolio in June 2021.

Cresco Labs

Cresco Labs is a major player in the industry. In fact, it is the fifth-largest public marijuana company in terms of revenue. Over the past 12 months, this stock has grown more than 145%  and over 20% in 2021. Experts believe Cresco is ready to get even more gains.Currently, Cresco has dominated in Pennsylvania and Illinois and plans to continue its strong growth as the ...

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Marijuana News Recap for May 2021

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Our marijuana news recap for May 2021 covers the most important cannabis industry stories of the month. May was a big month for cannabis reform and legislation, some good, some bad. In Mississippi, the Supreme Court threw out a voter-passed medical cannabis initiative. In Alabama, medical cannabis was legalized. Here’s a rundown of May’s trending stories.

DEA Will Grant Cultivation Licenses for Cannabis Research

In a historic move, the Drug Enforcement Agency (DEA) announced it would be granting cannabis cultivation licenses to third-party applicants for the purpose of cannabis research. Currently, the only supplier for cannabis research in the United States is the National Center for the Development of Natural Products at the University of Mississippi.

Colorado ...

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Why Democratic Control Is A Win For The Cannabis Industry

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Why Democratic control is a win for the cannabis industry? The 2020 US election introduced the cannabis industry to a green wave following cannabis legalization in five states. Mississippi took a historic step in legalizing medical marijuana, and South Dakota, New Jersey, Montana, and Arizona legalized recreational marijuana. These steps suggest a reduction in Marijuana stigmatization. Also, with the Gallup report showing that 68% of American residents support Marijuana legalization, it means national Marijuana legalization is on the way.

MORE Act

Vice President Kamala Harris and Rep. Jerrold Nadler brought the MORE Act to the table in July 2019. This legislation applies the Controlled Substance Act in describing marijuana and removes the criminal punishments for anyone ...

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Top Cannabis Stocks for February 2021

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If you're ready to join a growing list of cannabis investors, here are the top cannabis stocks for February 2021. Now that Democrats have complete control over the House, Senate, and the Oval Office, cannabis reform is closer to becoming a reality. In addition, more states are expected to legalize cannabis this year. New cannabis markets will help established companies flourish and gain a wider share of the market. Here are the top pot stocks you should be watching.

Cresco Labs

Cresco Labs, a major multi-state operator (MSO), is set to become a force to be reckoned with in 2021. While the cannabis industry is relatively new, Cresco has already positioned itself in a number of developing markets.All in all, its operations stretch to 9 states including the world's ...

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Marijuana News Recap for January 2021

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Our marijuana news recap for January 2021 covers the industry’s most important stories. 2021 is a year of promise and hope. As the fight against COVID-19 continues, states are eyeing cannabis reform to bring in much-needed revenue and employment.If 2020 is a sign of the times, we can expect this year to bring in new life to an already budding industry.

Top Marijuana News Recap for January 2021

Pennsylvania Governor Makes Legalization a Priority in 2021 Pennsylvania Governor Tom Wolf urged state lawmakers to make adult-use cannabis legalization a priority in the 2021 legislative session.In Wolf's announcement, he stated that “as our neighbors move toward legalizing recreational marijuana, Pennsylvania cannot afford to be left behind. Legalizing adult-use ...

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