Written By: J. Laura & Melissa Hutsell Legal cannabis has brought billions of dollars in sales to state economies in the past few years alone — but the illicit market is still making more than its lawful counterpart. U.S. Senator Martin Heinrich of the Joint Economic Committee Democrats published a report in December 2018 which mentioned that the legalization … [Read more...] about The Economy of Cannabis in California: The Regulated Market vs. the Black Market
economy
New Jersey Gov. Phil Murphy is Seeing Green Amid Economic Downfall
The U.S. economy is struggling in the wake of the global pandemic. In an attempt to offset some of New Jersey’s economic struggles following the novel coronavirus outbreak, Gov.Phil Murphy says legalizing cannabis could be the boost they need. Federal Help “We still need federal cash assistance direct into the states,” Murphy explained on the Jim Kerr Rock & … [Read more...] about New Jersey Gov. Phil Murphy is Seeing Green Amid Economic Downfall
Where There’s Smoke: Multiple Studies Examine Cannabis Use Amid COVID-19
The novel coronavirus pandemic is catalyzing research into cannabis consumption trends. As a result, scientists are now more interested in the plant, it’s users, and industry operators than ever before. Ivy League Sets Sights on the Industry and Cannabis' Effect on COVID-19 This May, the Cannabis Community Care and Research Network (C3RN) launched two … [Read more...] about Where There’s Smoke: Multiple Studies Examine Cannabis Use Amid COVID-19
New York Lawmakers Push for Legalization Amid Pandemic
Written by Rita Thompson Cannabis legalization in New York was pulled off the table last summer when lawmakers could not reach agreements in key details. Although democratic lawmakers reported extensive efforts to finalize negotiations, time simply ran out as more moderate lawmakers continued to disagree on regulations. In January, however, Gov. Andrew … [Read more...] about New York Lawmakers Push for Legalization Amid Pandemic
Legal Cannabis Could be the Boost our Post-Pandemic Economy Needs
Written by Rita Thompson Facing a “Greater Depression” The pandemic is taking a wrecking ball to our economy, leaving many confused and fearful about the future. According to recent reports, 30 million Americans have already filed initial unemployment claims since mid-March. As layoffs happen daily, experts predict that number will only continue to rise. Even more are … [Read more...] about Legal Cannabis Could be the Boost our Post-Pandemic Economy Needs
