Cannabis News - NECANN

NECANN Illinois Cannabis Convention & Expo Shaping the Future of Cannabis

Welcome to the NECANN Illinois Cannabis Convention & Expo – the premier event for anyone interested in Illinois’s booming cannabis industry. From May 31 to June 1, 2024, join us at the Schaumburg Convention Center in Chicago for a one-of-a-kind experience that celebrates the growth, innovation, and opportunities in the world of cannabis. Exploring Illinois’s […]

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Pennsylvania Eyes Statewide Cannabis Legalization Amid Federal Rescheduling

Cannabis News, Cannabis Legalization / By kushmediagroup

Pennsylvania Gov. Josh Shapiro’s office views the Biden administration’s move to reschedule marijuana as a potential boon for the state’s legalization efforts, according to a spokesperson. Although the federal rescheduling wouldn’t legalize cannabis, it could provide momentum for state-level reforms. Shapiro, who proposed legalization in his budget request earlier this year, aims to establish a

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Veterans Take Center Stage in Florida’s Cannabis Legalization Campaign

Cannabis News, Cannabis Legalization / By kushmediagroup

In an effort to advance cannabis legalization in Florida, veterans are stepping into the spotlight. Smart and Safe Florida, the organization behind Amendment 3, is actively engaging veterans to rally support for the reform. With the aim of raising awareness about the benefits of cannabis, especially for veterans grappling with PTSD and chronic pain, the

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ABA Urges Passage of SAFER Banking Act Despite Potential Cannabis Rescheduling

Cannabis News, Cannabis Business / By kushmediagroup

In response to reports of the federal government’s potential reclassification of cannabis as a Schedule III drug, the American Bankers Association (ABA) emphasizes the ongoing need for Congress to pass the SAFER Banking Act. This legislation would provide state-legal cannabis companies access to traditional financial services, addressing the legal complexities surrounding cannabis banking. The ABA

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U.S. Senate Reintroduces Cannabis Administration and Opportunity (CAO) Act to End Federal Prohibition

Cannabis News, Cannabis In Politics / By kushmediagroup

Lawmakers in the U.S. Senate have reintroduced the Cannabis Administration and Opportunity (CAO) Act, spearheaded by a coalition of Democrats including Sen. Majority Leader Chuck Schumer, Sen. Ron Wyden, and Sen. Cory Booker. The bill aims to dismantle the federal prohibition of cannabis and prioritize safety, research, workers’ rights, and restorative justice. Sen. Schumer emphasized

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New Polling Data Shows Strong Public Support for Cannabis Banking Reform

Cannabis News, Cannabis Business / By kushmediagroup

Recent polling conducted by the Independent Community Bankers of America (ICBA) suggests a majority of Americans are in favor of granting cannabis companies access to traditional banking services, citing potential benefits to public safety and underserved communities. According to the data released ahead of the 2024 ICBA Capital Summit in Washington, D.C.: 64% of Americans

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New Study Challenges Stereotypes About Cannabis Users: Lazy or Unmotivated? Not Quite, Researchers Say

Cannabis News, Cannabis In Science & Health / By kushmediagroup

A recent study, published in the journal Social Psychological and Personality Science and reported by U of T News, sheds light on the common stereotype surrounding cannabis users. Contrary to popular belief, the study suggests that regular cannabis consumers are not necessarily lazy or unmotivated. Led by Prof. Michael Inzlicht from the University of Toronto,

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New Hampshire House Passes Marijuana Legalization Bill with Stricter Marketing Rules

Cannabis News, Cannabis Legalization / By kushmediagroup

In a significant move, the New Hampshire House of Representatives has passed a bill to legalize and regulate marijuana in the state, setting strict limits on advertising and marketing practices. The legislation, introduced by Rep. Erica Layon, will now proceed to the Senate, where it is expected to encounter resistance due to its deviation from

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Marijuana Companies Donate Nearly $15 Million to Florida Legalization Campaign

Cannabis News, Cannabis Business / By kushmediagroup

Multiple marijuana companies have collectively donated close to $15 million to a campaign supporting a cannabis legalization initiative set to appear on Florida’s November ballot. The contributions were disclosed in the first quarter financial filings released by the Florida Division of Elections on Thursday. Trulieve, the primary financial supporter of the initiative, contributed $9.225 million

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Nebraska Hemp and CBD Tax Reduced to 25% Amid Legislative Negotiations

Cannabis News, Cannabis Business / By kushmediagroup

An amendment to a Nebraska tax bill has led to a significant reduction in the proposed tax on hemp and CBD, which was initially set at a staggering 100 percent. The new rate now stands at 25 percent, marking a substantial decrease but still significantly higher than sales tax rates imposed by most states on

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