Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
A bipartisan-led bill to legalize marijuana was greenlighted by New Hampshire's House of Representatives on Wednesday, as first reported by Marijuana Moment.
The chamber passed the measure from Majority Leader Jason Osborne (R) and Minority Leader Matthew Wilhelm (D) in a 234-127 vote.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
The bipartisan duo filed the cannabis bill for the 2023 session in December.
What's In It
HB 639 would allow those over 21 to buy, possess or give away up to 4 ounces of marijuana. The bill would also set up a new market with state-approved retailers to sell cannabis.
The tax for cannabis cultivators would amount to 15 percent of their monthly gross revenue under the policy change, while a chunk of tax revenue would fund education trust and substance misuse treatment programs, as well as some public agencies.
After undergoing changes proposed by House Commerce and Consumer Affairs Liquor Subcommittee members, the provisions concerning home cultivation and clearing of records of past marijuana possession offenses were left out of the measure.
FREE REPORT: How To Learn Options Trading Fast
In this special report, you will learn the four best strategies for trading options, how to stay safe as a complete beginner, a 411% trade case study, PLUS how to access two new potential winning options trades starting today.Claim Your Free Report Here.
What's Next
The bill is now heading to the House Ways & Means Committee for review.
Previous Efforts
New Hampshire's Senate members have struck down the two previously House-passed bills that would have legalized marijuana in April.
The noncommercial legislation from Osborne's GOP colleague Rep. Carol McGuire was killed in a 9-15 vote, while another bill - from Rep. Daryl Abbas (R) - that would have set up an adult-use market run by the state's Liquor Commission was also defeated by the Senate, on a voice vote.
Benzinga Cannabis Capital Conference
The most successful cannabis business event in the world, the Benzinga Cannabis Capital Conference, returns to Miami for its 16th edition.
This is the place where DEALS GET DONE, where money is raised, M&A starts, and companies meet investors and key partners. Join us at the Fontainebleau Miami Beach Hotel in Florida on April 11-12. Don’t miss out.
Photo: Courtesy of Roberto Valdivia on Unsplash
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.