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.

Although it would not legalize marijuana, Sen. Chuck Schumer introduces bill to federally decriminalize marijuana by re-classifying it.

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 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.

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.

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.

Some of the big dogs of the brewing world are getting into the business of creating cannabis-infused beers.

Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana.

Mexico will legalize sales of marijuana-based medicines, foods, drinks, cosmetics and other products early next year, its health regulator said on Wednesday, bringing some forms of cannabis into legal commerce even as the country struggles with the illicit drug trade.

The directive changes policy to support “the Veteran – (health) provider relationship when discussing the use of marijuana and its impact on health, including Veteran-specific treatment plans.”

A Florida-based company whose software helps marijuana retailers implement customer relationship and loyalty strategies has raised $3.2 million.

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There is a segment of the investment community that wants to invest in the cannabis industry in the worst way, and that is exactly how some are doing it.  Over the past several months our firm has reviewed a number of private placement memoranda (PPM) for clients, and while some appear to be solid and well written, others remind us of the early days of the internet boom when business plans were sometimes written on napkins.  Deficiencies we have found in PPMs include confusing descriptions of business plans, lack of financial projections, lack of basis for valuations, inadequate disclosure of risk factors and vague discussion of management compensation and/or equity holdings.

If you are planning to invest in a cannabis company, here are a few factors that you should consider before making a decision. Continue Reading Invest in That?? What are you Smoking??

Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana.

Marijuana payment service PayQwick, which brands itself as the PayPal of marijuana, has secured a $2.86 million raise.

A New Jersey appeals court has ruled that the state must reconsider marijuana’s Schedule I drug classification because of the substance’s “abundant and glaringly apparent” health benefits.

Constellation Brands will take a 9.9% stake in Canadian marijuana company Canopy Growth, as alcoholic drinks firms position themselves for pot legalization.

You’ve doubtless heard the Las Vegas tagline, “What happens in Vegas, stays in Vegas.”  This is a variation on that theme – when it comes to marijuana, what you have in California needs to stay in California.

The PSA reads “Cannabis is legal, traveling with it is not. Leave it in California.”

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Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana.

Senior Canadian police officials tell MPs studying the government’s marijuana legalization legislation that police won’t be ready to enforce new laws by next summer and they ask the government for more time.

Future Massachusetts marijuana meetings to be held across state; one of the first orders of business is giving chair Steven Hoffman an additional job title.

The U.S. Senate Appropriations Committee wants to establish national marijuana testing protocols, according to a new report. However, it’s not exactly a pro-cannabis industry move.

And because it’s never too early to think about your next vacation:

Nipton is one of a growing list of communities in the Mojave Desert and throughout California that are turning to cannabis to save them.

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Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana.

Colorado’s largest city is on the brink of licensing some of the nation’s first legal marijuana clubs. But Denver’s elaborate hurdles for potential weed-friendly coffee shops and gathering places may mean the city gets few takers for the new licenses.

A bipartisan group of lawmakers sent a letter Wednesday to Attorney General Jeff Sessions expressing concern about a reported move by the Justice Department to halt marijuana research.

It won’t be easy to top the landslide 2016 electoral victories for marijuana, but advocates are looking to make serious headway across the country once again on statewide ballots next year.

Finally, if you were wondering what Snoop Dogg’s venture capital firm has been up to lately, wonder no more:

Interested in the firm’s business model and its early investments in successful companies like Eaze, Merry Jane and LeafLink, Benzinga decided to reach out to its four founders, Karan Wadhera, Evan Eneman, Ted Chung and Calvin Broadus—AKA Snoop Dogg—and asked them to walk us through it all.

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Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana.

Nevada state legislators put the final touches on measures to regulate marijuana this week, just weeks before Nevada becomes the fifth state to legalize the use and sale of marijuana for recreational purposes.

Florida lawmakers reached a compromise on key details regarding the number of dispensaries and plans for additional licenses under the state’s full-fledged medical marijuana, paving the way for legislators to add MMJ legislation to this week’s special legislative session.

Legalizing marijuana helps all marijuana stocks, right?

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Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana

Some states that have legalized marijuana are encouraging minorities to enter the growing cannabis industry after years of drug enforcement that had a disproportionate effect on black and Hispanic communities.

First Trust Portfolios, an Illinois-based fund manager that oversees more than $100 billion, has filed paperwork to establish an investment vehicle containing medical marijuana stocks.

The real surprise is what this bill wouldn’t legalize, if approved.

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Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana.

Vermont’s governor on Wednesday halted, at least temporarily, efforts to become the ninth state to legalize the recreational use of marijuana, but offered to work with state legislators to resolve what he cited as the bill’s shortcomings.

A California retail estate investment firm and a wealthy Florida medical marijuana advocate separately pledged Tuesday to pump $100 million each into cannabis businesses, marking a notable new chapter in the MJ industry.

The bill would legalize adult use of marijuana and possession of certain amounts of pot.

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Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana.

West Virginia’s House voted Tuesday to legalize doctor-prescribed marijuana to treat certain medical conditions following Senate passage of a similar measure last week.

Voters in Kansas City voted overwhelmingly on Tuesday to eliminate the possibility of jail time for people caught with small amounts of marijuana or related paraphernalia.

A marijuana-themed exchange traded fund touted as the world’s first launched on the Toronto Stock Exchange Wednesday morning, giving investors a new way to bet on legal marijuana stocks.

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