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Trump’s Anti-Pot Policies Irk His Supporters

While President Trump was on the campaign trail, he told supporters that he was in favor of medical marijuana. He also said that anything pertaining to the legalization of cannabis was something that should be left up to the individual states. But then, in true Trump fashion, as we would soon learn throughout the unnerving […]

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Justice Department Blindsided Banking Agency On Marijuana Reversal: Report

WASHINGTON, Jan 10 (Reuters) – When the U.S. Justice Department said last week it was reversing policy on the $7 billion marijuana business, it failed to first notify federal officials who advise banks in states where the drug is legal, sources in Congress said. The announcement by U.S. Attorney General Jeff Sessions, a longtime critic […]

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California Marijuana Growers Must Navigate Wildfire Recovery

The scale and intensity of this year’s wildfire season in California left many folks around the country dumbstruck. Who can forget the hellish cell phone videos captured by morning commuters showing whole hillsides along the highways engulfed in flames? But those were Southern California’s wildfires, some 29 of them, which raged through properties and caused […]

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Marijuana Industry Not Freaking Out Over Threat Of Federal Crackdown

WASHINGTON ― The marijuana industry and its advocates collectively held their breath this week following the release of new Justice Department guidance that gave federal prosecutors the go-ahead to aggressively pursue state-legal marijuana operations. But just a day after the decision, many experts are cautiously optimistic that their initial fears of a crackdown were overblown. In […]

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California Is Taxing the Hell Out of Pot, but Washington Is Even Greedier

Marijuana merchants in California, who began legally serving recreational customers on Monday, complain that they are overtaxed, and they have a point. Of the eight states that have legalized marijuana for nonmedical use, California has the second highest total taxes, beaten only by Washington, where legal recreational sales began in 2014. Alaska, where state-licensed pot […]

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Trump Administration’s Shift On Marijuana Could Imperil Banking Arrangements

By forcing cannabis businesses to rely on cash, the move might make businesses, owners and employees vulnerable to theft and complicate state efforts to collect taxes on drug sales. By Sophie Quinton By rolling back an Obama-era memo that shielded legal marijuana users, growers and distributors from federal prosecution, U.S. Attorney General Jeff Sessions may […]

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A Day Of Liberation In The Golden State

For the third day in a row, marijuana is legally available for both purchase and consumption in California, for purely recreational purposes, to any adult age 21 or older. Also, for the third day in a row: the sky did not fall, the sun still rose in the east, and people are not rioting in […]