Judge Rejects Lawsuit Seeking to Legalize Marijuana Nationwide, Nasdaq to Get First Marijuana Listing
Judge Rejects Lawsuit Seeking to Legalize Marijuana Nationwide
A federal judge in New York tossed out a sweeping lawsuit Monday that sought to make marijuana legal under federal law, ruling that the plaintiffs had failed to take the necessary first step of asking the Drug Enforcement Administration to remove cannabis from its list of dangerous substances. Read more.
Cronos Lists on Nasdaq, as US Gets First ‘Pure Play’ Marijuana Stock on Major Exchange
A Canadian marijuana company will become the first “pure play” cannabis listing on a major U.S. stock market, an important milestone for the cannabis industry. Read more.
Senator Calls Out Big Pharma For Opposing Legal Marijuana
A prominent Democratic U.S. senator is slamming pharmaceutical companies for opposing marijuana legalization. Read more.
Launch of Cannabis Beverages in Canada Could be “Big Business” for Alcohol Goliath
Cannabis is a “big business,” and Constellation Brands has big aspirations in the space, the alcohol beverage company’s president said this week. Read more.
One Week Into Pennsylvania’s Medical Marijuana Sales, Here’s What You Need to Know
Last Thursday, the first legal sales of medical marijuana in Pennsylvania history took place inside a fortress-like building in Butler, near a city baseball field not far from the center of town. Read more.
Alaska Bill Legalizing Industrial Hemp Awaits Governor’s Pen
A measure that would legalize the production of industrial hemp in Alaska has passed the state House and Senate. The bill awaits Gov. Bill Walker’s signature before becoming law, Alaska Public Media reported. Read more.