Category: Capitalism: The New Cannabis Economy

As Donald Trump prepares to take office in January 2025, his administration is already signaling a policy agenda closely aligned with the Heritage Foundation’s Project 2025, a comprehensive blueprint for advancing conservative policies in a future Republican presidency. Among its many recommendations, Project 2025 calls for a rollback of marijuana legalization efforts, framing its use…

Evaluating the Impact of Legislative Stagnation and Year-End Tax-Loss Harvesting Cannabis stocks have faced a volatile journey over recent years, with companies like AYR Wellness Inc. (AYRWF), Green Thumb Industries Inc. (GTBIF), Trulieve Cannabis Corp. (TCNNF), AdvisorShares Pure US Cannabis ETF (MSOS), and The Cannabist Company Holdings Inc. (CBSTF) seeing sharp declines in value. While…

As Hurricane Helene rapidly approaches Florida, all eyes are on how this massive storm will impact critical sectors of the state’s economy, including the cannabis industry. Trulieve Cannabis Corp (TCNNF), one of the largest cannabis companies in the U.S., with a major operational footprint in Florida, could face significant disruptions as the storm makes landfall.…

Starting a marijuana or hemp business in the U.S. can be a complex process due to varying state regulations, social equity programs, and business climates. Here’s a breakdown of states with the best social equity programs, states that make it easiest to start a cannabis business, and those that are more challenging. States with the…

Best Countries for Cannabis Lovers (and their Economies)  1. The Netherlands – Amsterdam’s Coffeeshop CultureBest For: Iconic cannabis cafes and a chill, accepting atmosphere. Amsterdam remains one of the biggest cannabis tourist destinations in the world, with its famed “coffeeshops” attracting millions of visitors annually. Cannabis tourism alone generates significant revenue for local businesses. Studies…

The DOOBIE Act (Dismantling Outdated Obstacles and Barriers to Individual Employment) could have a significant positive impact on marijuana stocks by aligning federal employment policies with modern marijuana laws. The bill, which recently passed through the Senate Homeland Security and Governmental Affairs Committee, aims to eliminate the federal government’s ability to disqualify job applicants and…

With both Harris and Trump backing federal marijuana reform, the cannabis industry seems poised for a breakthrough. However, despite the bipartisan support and the growing consumption of marijuana in the U.S., cannabis stocks remain volatile. Investors are left wondering: Will stocks go lower before they surge, or is this truly the beginning of a sustained…

The Marijuana Opportunity Reinvestment and Expungement (MORE) Act has been lingering in Congress, ignored by republicans, introduced by Representative Jerrold Nadler and supported by over 94 House Democrats, seeks to decriminalize marijuana at the federal level, expunge past marijuana-related convictions, and reinvest in communities disproportionately impacted by the War on Drugs.  A glaring issue with…

On September 6, 2023, McCollum co-sponsored the SAFER Banking Act (Secure and Fair Enforcement Regulation), which seeks to address critical banking issues related to the legal cannabis industry. As the cannabis industry has expanded across the United States, businesses operating in states where cannabis is legal have faced significant challenges due to federal restrictions on…