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Will Texas Legalize Recreational Marijuana?

Veriheal

In the US, the laws determining the status of cannabis use vary from state to state and continue to change over time. Texas has one such cannabis program in flux, with a new bill being introduced that may change the legality of recreational marijuana within the state. ounces of cannabis.

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NM judge rules patient cannabis purchase limits consistent with state law

Cannabis Law Report

17 December… A New Mexico state judge ruled on Thursday that medical cannabis patients cannot purchase the same amount as non-patients when recreational-use sales begin. The new law also limits personal possession to two ounces, but there is no limit on the amount of cannabis stored at a person’s home.

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Fed Chair To Senate: “I think it would be great to have clarity,” On Cannabis

NORML

As the tentacles of the federal policy of cannabis prohibition run deep into nearly every sector of American public policy, a new voice emerged to call for clarity regarding state-legal cannabis marketplaces: Federal Reserve Chair Jerome Powell. Cannabis businesses ought to be held to the same standards as other commercial enterprises.

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New York: Legalized Recreational Use of Cannabis & New Protections for Employees

The Blunt Truth

On March 31, 2021, New York legalized the recreational use of cannabis, enacting “ The Marijuana Regulation and Taxation Act.”. This new law legalizes personal possession of cannabis, home cultivation of cannabis, and allows for the expungement of certain marijuana convictions.

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Risky Business: Cannabis Security Interests and Secured Transactions

Canna Law Blog

It’s no secret many cannabis businesses can’t get bank accounts or loans or lines of credit from financial institutions because of the Bank Secrecy Act and federal anti-money laundering laws — despite current FinCEN guidance. The concept of starting a cannabis business on a shoestring budget has never really existed.

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Class actions against CBD companies proliferate under federal and state law

Cannabis Law Report

Consumer products law blog. Class actions against CBD companies proliferate under federal and state law. These jurisdictions are among the few that have legalized Marijuana -sourced CBD for both medical and recreational uses, with the exception that Marijuana-sourced CBD remains illegal in Florida for recreational uses.

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Nebraska Lawyer Cleared to Invest in Out-of-State Cannabis Firm

Cannabis Law Report

A Nebraska attorney can invest in a medical marijuana business in South Dakota because the investment wouldn’t violate state law or ethical rules, a Nebraska ethics committee said in a recent advisory opinion. Marijuana is legal for recreational purposes in 18 states.