The United States has witnessed significant progress towards ending federal cannabis prohibition in recent weeks. Rep. Nancy Mace has secured a commitment from Speaker of the House Kevin McCarthy to hold a committee hearing for her bill, which aims to end federal...
Blog
Working Together for Cannabis Reform
In the latest issue of Verde's State of the Plant newsletter, we explore the power of collaboration in advocating for cannabis reform. We present the case for the cannabis industry to work together with other influential sectors to achieve reasonable regulation and...
Why Cannabis Companies Need to Know Who Their Owners Are
As the cannabis industry continues to expand, so do the concerns around the sources of capital and ownership structures of licensed businesses. A recent investigation in Vermont is a clear indication that regulators are already looking into these issues, and that this...
Why We’re Optimistic About Federal Cannabis Reform
Everyone has been sworn in, and even after a few party defections and changes, we have a pretty good idea of how things will be run in Washington for the next two years. So what will the new session of Congress hold for cannabis reform? In this issue of Verde's State...
Four Reasons Why the Midterms Were Good for Cannabis
All of the votes have been counted, and the 2022 midterm results are in. With everything accounted for, even a last minute party defection in the Senate, we can now take a look at the results and see what they mean for cannabis reform. Overall, the election was very...
What the Cannabis Industry Can Learn From the Repeal of Alcohol Prohibition
“Those that fail to learn from history are doomed to repeat it.” -Winston Churchill In 1933, the federal government repealed the prohibition of the manufacture and sales of intoxicating liquor. For almost 100 years, the federal government has regulated the manufacture...
President Biden Announces Steps to End Marijuana Prohibition
In an announcement that took many by surprise, President Biden laid out steps that he would be taking to undo harms caused by the failed and discriminatory war on drugs, end federal cannabis prohibition, and implement a system of cannabis regulation to protect public...
What Cannabis Businesses Need to Know About the US. Department of Treasury’s Alcohol and Tobacco Tax & Trade Bureau
There are several bills pending in Congress which would legalize and regulate cannabis, and all of them have one common denominator: The Alcohol and Tobacco Tax and Trade Bureau (TTB) will develop and enforce cannabis regulation when prohibition ends. Even if we...
Bipartisan Bill Could Lead to End of Federal Cannabis Prohibition
Congressman Dave Joyce (R-OH) recently introduced the PREPARE act to hasten the speed of federal cannabis reform. The bill is a bipartisan effort, with Hakeem Jeffries (NY-08) and Brian Mast (FL-18) joining Cong. Joyce in introducing the bill. Introducing the PREPARE...