Legalization

New York Gov. Andrew Cuomo proposed the legalization of adult-use marijuana during his State of the State address Wednesday in Albany.  “For decades, communities of color were disproportionately affected by the unequal enforcement of marijuana laws,” he said. “Let’s...

Many of the 20 Democrats participating over two days in the CNN Democratic Presidential Debates in Detroit favor cannabis legalization. Where the candidates differ the most is in past policies that may contradict their positions today — and in how legalization would look under...

In the span of four months in 2018, Canada became the tenth country to federally legalize cannabis in some form, and Michigan, Missouri and Utah brought the total number of U.S. states with at least legalized medical cannabis to 33.  This graphic, courtesy of Gleam Law — a...

Cannabis may have become legal in Canada Oct. 17, 2018, but the country's fourth-quarter National Cannabis Survey showed that roughly the same number of Canadians are lighting up as they did when the drug was illicit. And the country's black market is thriving. The survey, released Feb. 7...

During his State of the State and budget address Tuesday, New York State Gov. Andrew Cuomo reiterated his intention to legalize adult-use cannabis in the state. What Happened Cuomo presented his plans for a "justice agenda" in the first 100 days of the term and reiterated plans to...

The new year could bring a new medical marijuana market in an unlikely place: Southeast Asia.  What Happened Thailand's military-appointed National Legislative Assembly on Tuesday unanimously passed a resolution in an extra-parliamentary session to amend the Narcotics Act of 1979 to...

Utah lawmakers passed a medical marijuana compromise bill weeks after the state's voters approved Proposition 2 to legalize medical marijuana. The legislation is more restrictive than the proposal that came before voters.  What Happened On Monday, Utah lawmakers voted...

It’s been a month-and-a-half since Canada legalized marijuana. The move was highly anticipated, but issues have emerged immediately following the Oct. 17 effective date. For one, the industry is facing supply shortages that are expected to last well into 2019. Furthermore, only...

The cannabis industry in Massachusetts is taking a big step Tuesday with the opening of the first two adult-use dispensaries two years after legalization and more than a month after the Cannabis Control Commission voted on the matter and issued four licenses. What Happened The Cannabis Control...

While Mexico began Día de Muertos celebrations, the country's Supreme Court offered a gift of epic proportions. The court ruled an absolute ban on the adult use of cannabis is unconstitutional. This doesn’t mean cannabis users south of the border can start lighting up in the...

Recreational marijuana became legal in Canada on Wednesday, but cannabis stock investors don’t have much to celebrate. A sell-off in weed stocks that began Tuesday carried over to Wednesday as enthusiasm for Canadian legalization gave way to concerns over supply and market...

Shares of cannabis and hemp company Canopy Growth Corp. (NYSE: CGC) have doubled since the stock began trading on the New York Stock Exchange back in May. In August, beverage company Constellation Brands, Inc. (NYSE: STZ) announced a $4-billion investment in the company, increasing its stake...

April 20 of each year marks a celebration for marijuana enthusiasts, despite the herb still being illegal in most of the country. For investors, what this means is until marijuana becomes legalized at the federal level, you'll be hard pressed to find many pot stocks trading in New York....