Key congressional races the marijuana industry should watch

October 6, 2022 ·

The 2022 midterm elections are right around the corner, and the outcome could prove incredibly important to U.S. marijuana businesses.

If Republicans take control of at least one of the two chambers of Congress – as is largely expected to happen in the U.S. House of Representatives – that would dramatically affect the chances of lawmakers passing marijuana reforms, much less getting them signed into federal law.

Some stakeholders say the bigger concern, however, is the U.S. Senate, because Minority Leader Mitch McConnell has made it clear that he doesn’t support marijuana legalization – or even incremental federal changes. (mjbizdaily.com) Full Story

In category:Politics
Next Post

California’s illicit marijuana market thrives as much of the state continues to restrict sales

In 2016, Californians voted to legalize recreational adult-use marijuana. Proponents of Proposition 64, including then-Lt. Gov. Gavin Newsom, argued that it would generate massive revenue, while decreasing illicit cannabis and drug cartel activity in the state. Now, nearly six years…
Read
Previous Post

California Funds Research On Blocking Marijuana Monopolies And Protecting ‘Legacy’ Cannabis Strains

California officials announced on Wednesday that the state will be awarding up to $20 million in marijuana tax-funded grants to universities that carry out research into cannabis science and policy—including studies on preventing monopolies in the legal industry and securing…
Read
Random Post

Elizabeth Warren Wants Marijuana Laws That Block Amazon And Big Tobacco From Monopolizing The Legal Industry

Sens. Elizabeth Warren (D-MA) and Ed Markey (D-MA) are calling for marijuana reform that prioritizes communities most impacted by the drug war and prevents monopolization by large corporations like Amazon and big tobacco firms. At an event focused on creating…
Read
Random Post

Cannabis Tax Revenues Outpace Other ‘Sin’ Taxes in Colorado

Cannabis tax revenues in Colorado are outpacing those of cigarettes, and other tobacco and nicotine products, and alcohol, according to an August 16 analysis from the Colorado Legislative Council Staff (LCS). In the 2022-2023 fiscal year, Colorado collected $282.3 million in cannabis tax revenue,…
Read
Random Post

High winds, flooding shutter cannabis operations across California

The historic storms pummeling California have caused widespread fallout for cannabis operators across the state and are disrupting operations and possibly supplies. As days of high winds and catastrophic rains batter the coast, some marijuana companies have temporarily closed operations…
Read
Random Post

Michigan Ends Preemployment Cannabis Testing for Most State Employees

The Michigan Civil Service Commission on Wednesday voted unanimously to lift a ban on hiring most state employees who fail pre-employment drug tests for cannabis, MLive reports. Drug screening for cannabis will remain the protocol for state-employed health workers, police, Department of…
Read