Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana.
Senator Chuck Schumer (D-NY) has recently introduced legislation that would decriminalize the use of marijuana on the federal level.
- Chuck Schumer Introduces Bill to Federally Decriminalize Marijuana
(High Times: News, 29 June 2018)
Although it would not legalize marijuana, Sen. Chuck Schumer introduces bill to federally decriminalize marijuana by re-classifying it.
- Sen. Chuck Schumer Introduces Cannabis De-Scheduling Legislation
(Ganjapreneur, 27 June 2018)
The Marijuana Freedom and Opportunity Act would decriminalize cannabis by removing it from the Controlled Substances Act; however, the federal government would maintain the authority to prevent cannabis trafficking from legal states to non-legal states.
Vermont is the most recent state to allow legal use of marijuana for recreational purposes; it’s the first to do so via the ballot box.
- Vermont Recreational Marijuana Legalization: What Is Legal, What Is Not?
(Newsweek: All News, 2 July 2018)
Vermont is the ninth state in the U.S. to legalize cannabis for recreational use and also the first state in the country to do so through its legislature.
- Vermont becomes 9th state with legal recreational marijuana
(Yahoo! Finance: Banking News, 2 July 2018)
Recreational marijuana is now legal in Vermont, the ninth state to legalize it.
According to the CDC, use of tobacco is on the decline in the United States. One of the world’s major tobacco firms is diversifying into cannabis.
- Imperial Brands, Snoop Dogg VC Firm Invest In Patrick-Stewart-Backed Marijuana Biotech
(Investor’s Business Daily: Business, 28 June 2018)
Snoop Dogg, Sir Patrick Stewart and Imperial Brands: all vaguely in the same news story, thanks to a deal announced late Wednesday that an analyst called the “most significant” attempt by Big Tobacco to gain exposure to the marijuana industry.
But it’s not just Big Tobacco that’s interested; beer companies are jumping into the marketplace as well.
Major Beer Companies Getting Into U.S. Cannabis Market In Spite of Federal Law
(Forbes, 2 July 2018)
Some of the big dogs of the brewing world are getting into the business of creating cannabis-infused beers.