U.S. Cannabis Sales Could Rise 35% in 2017, Could Hit $17 Billion Annually by 2021
According to Marijuana Business Daily, “retail sales of medical and recreational cannabis in the United States are expected to hit $5 billion-$6 billion this year and surge to as high as $17 billion by 2021, according to exclusive projections released today in the 2017 Marijuana Business Factbook. “The rapid rise of…
Vermont Legislature First to Pass Cannabis Legalization Measure
“Vermont’s legislature has approved a bill that, if signed by Republican Gov. Phil Scott, would legalize cannabis possession and small grows for adults while creating a Marijuana Regulation Commission that will draft legislation for a tax-and-regulate system. “The passage marks the first time a state legislature has approved ending cannabis…
New Spending Bill Extends Protection for Medical Cannabis
President Trump on Friday signed the recently passed omnibus spending bill. The bill will fund the federal government through September 30, 2017. The law includes the Rohrabacher-Blumenauer Amendment (formerly known as the Rohrabacher-Farr Amendment), which prohibits the Justice Department from using any federal funds to prosecute state-legal medical cannabis operators….
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