Following important cannabis news articles every day can be a real burn-out, we know. That’s why the Emerald rolls up a chronicle of the headiest news hits, and passes them to you at the end of each week. We Bring You: The Dime.
Sanders Slams President Over Inaction
In late July, Democrat Sen. Bernie Sanders, a strong advocate for cannabis legalization, is critical of President Biden’s inaction on the issue, reports Marijuana Moment. “Joe Biden and I on marijuana—I think the war on drugs has been just a disaster for this country, for the African-American community,” Sanders told The Krystal Kyle & Friends podcast. But President Biden has made his stance on cannabis legalization clear. “At the federal level, he supports decriminalizing marijuana use and automatically expunging any prior criminal records,” White House Press Secretary Jen Psaki said earlier this year.
Cannabis Company Leafly to Go Public with Merger
In a press release published on August 12th, Leafly Holdings Inc. and Merida Merger Corp. I announced a merger. “Merida will adopt the Leafly name and its common stock is expected to be listed on the NASDAQ under the ticker symbol LFLY,” reports Forbes. But, this isn’t the only cannabis company to go public. WeedMaps (WMH) also went public in July of 2021, Forbes adds. This trend is only expected to expand to other cannabis companies.
Wisconsin Lawmakers Unveil Legalization Bill — Again
Will Wisconsin be the next state to legalize recreational cannabis? Three of the state’s democrat lawmakers certainly hope so. Sen. Melissa Agard, and Reps. David Bowen and Mark Spreitzer held a pro-legalization event, “outside a dispensary in South Beloit, Illinois, which sits on the border with Wisconsin,” reports Marijuana Moment. That same day, August 10th, Agard re-introduced legislation to legalize adult-use cannabis statewide — for the eight time — she noted. In a press release sent out by Agard, she also noted: “[…] The most dangerous thing about cannabis is that it remains illegal in Wisconsin. […] LRB-4361 will provide a path forward for those who have been most harmed by the prohibition of cannabis. We need to take a fresh look at this blooming industry and take advantage of many positives it can provide
to our state.”
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