cannabis legalization

The U.S. is the largest and fastest-growing cannabis market in the world. The plant is approved for medical use in 33 states and Washington, D.C., and 10 states including the district have fully legalized marijuana. Efforts to legalize weed to some degree are ongoing in a number of other states....

In a major development for the cannabis industry, South Korea legalized medical marijuana — though with many restrictions. It's the first country in East Asia to legalize weed and only the second Asian country to do so. What Happened South Korea's National Assembly voted on amendments...

New Jersey is on path to become the next state to legalize recreational marijuana. A joint Assembly and Senate committee voted Monday on a bill that would legalize recreational marijuana and impose taxes on sales. What Happened The legalization of recreational marijuana is one bill in a...

The 2018 midterm elections left the U.S. with a Republican Senate, a Democratic House and three states with legalized cannabis. Michigan voted to legalize recreational marijuana, becoming the first state in the Midwest to do so, while Missouri and Utah passed ballot measures to allow the use of...

By J.J. McCoy, Senior Managing Editor, New Frontier Data As both Republicans and Democrats claimed limited victories after Tuesday's midterm elections in which the House of Representatives switched to Democratic control but the GOP strengthened its majority in the Senate, cannabis proponents at...

Democrats took control of the House and Republicans maintained their grip on the Senate, but another winner of the 2018 U.S. midterm elections is the cannabis industry. Aside from electing political candidates, citizens in six states states had measures related to the legalization of cannabis....

Shares of Tilray Inc. (NASDAQ: TLRY) surged Monday in anticipation of Canada’s legalization of recreational marijuana. The Analyst Benchmark analyst Mike Hickey initiated coverage of Tilray with a Buy rating and $200 price target. The Thesis Benchmark's positive view on the...