As the Benzinga Cannabis Capital Conference returns to Miami (April 11-12) bringing together top CEOs, investors, leaders, advocates and politicians, let's scroll through the latest regulatory changes in the space.
Minnesota Marijuana Bill Sails Smoothly Through Legislature
Members of House and Senate committees in Minnesota backed cannabis legalization efforts last week, reported Marijuana Moment.
On Thursday, the bill from Rep. Zack Stephenson (D) that would allow 21-year-olds to purchase and use recreational marijuana got the green light from both the House Public Safety Finance and Policy Committee last week, while the companion version sponsored by Sen. Lindsey Port (D) was passed later that day.
During a House committee meeting, Stephenson said that "Minnesotans are ready for this change" while adding that "our current laws are doing more harm than good."
Republican Rep. Patricia Mueller of Austin expressed concerns around the amount of marijuana that would be legal to possess under the new bill, reported WCCO – CBS Minnesota.
"In the bill, you are allowed to have five pounds for personal use and I won't go through all of it, but that is literally 6,800 joints," Mueller.
To that, Stephenson said that he …