“Regulate cannabis like beer and wine” is a pragmatic position backed by a lot of legalization advocates these days and, while the substances certainly aren’t identical, similar regulations make a lot of sense. We all want to keep cannabis and alcohol out of the hands of minors and voters and elected officials love creating new…
After decades of global prohibition, cannabis companies are making history as they move forward in our current international patchwork system of various cannabis laws and regulations. With October 17th coming up quickly in Canada, we’ll see more and more history made as a G7 nation will legalize non-medical cannabis commerce for the first time, likely…
It cannot be disputed that the Oregon adult-use cannabis system creates jobs and generates revenue. While the Measure 91 legalization was primarily focused on ending unnecessary arrests and better prioritizing limited law enforcement resources, economic benefits were touted and the financial gains have actually been bigger than projected. Unfortunately, many localities have banned licensed cannabis businesses depriving…
In many ways, Oregon is a leader on cannabis policy in the United States. The state was the first to decriminalize personal possession in 1973, was an early medical state in 1998, the third to vote in legalization in 2014, and really led the nation on decreasing criminal penalties across the board and expunging old…
While the global cannabis community awaits October 17th, the day cannabis becomes fully legal in Canada, some are understandably worried about how legalization will impact people at the Canada-U.S. border. While it is unfortunate that some Canadians may be prevented from entering the United States and some American citizens will, unfortunately, face criminal punishment after…
From a macro level, the Oregon cannabis industry is doing great. Governor Kate Brown states that 19,000 new jobs have been created thanks to legal marijuana and the Oregon Revenue Department statistics show that retail taxes are generating more than $20 million every quarter, over twice what the state initially projected. However, a closer examination…
Cannabis companies are achieving mainstream milestone after milestone and Canada’s legal industry deserves a ton of the credit. We’ve already seen large alcohol companies invest in the marijuana market, as well as Canada’s largest grocery chains, and two Canadian cannabis companies (Canopy Growth and Cronos) listed on the United States stock markets. Now, another financial…
Germany’s medical cannabis program has experienced tremendous growth over the past year or so. In some ways, the German system has been a victim of its own success as patients have experienced shortages and too high of prices. Thankfully, for many patients, their cannabis is covered by their insurance providers, but prices are still too…
There aren’t many elected officials working as hard to implement sensible cannabis policies than Oregon Senator Jeff Merkley these days. Unlike a lot of politicians, Merkley isn’t just jumping on the bandwagon after seeing poll after poll showing strong voter backing, he was the first United States Senator to endorse a legalization measure when he…
With Canada legalizing cannabis this October 17th, and the United States making progress on the issue, we can expect more and more big money to pour into the marijuana market. Currently, hedge funds like Navy Capital Green Fund are leading the charge, while more institutional sources, such as mutual funds are currently staying clear of the…
