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Maine to Begin Recreational Marijuana Sales by March 2020

  By Patrick Whittle, Associated Press (AP) — Maine marijuana enthusiasts will probably be able to purchase their preferred products in retail stores by March 2020 after years of waiting. Voters approved legal adult-use marijuana at the polls in November 2016, and the road to legal sales has been long and bumpy. But a key act passed by the Legislature is now in effect, and that means the Maine Office of Marijuana Policy is in a position to complete final adoption of marijuana rules, said David Heidrich, an office spokesman. The act made tweaks to Maine’s Marijuana Legalization Act that were necessary for the marijuana office to adopt the rules, which it is expected to do within two months. That means it will likely be able to accept applications for retail marijuana sales by the end o...

Mexico to Vote On Marijuana Legalization by End of October

Mexico’s lawmakers are expected to vote this week on a bill to legalize marijuana. In 2018, the Mexico Supreme Court told lawmakers they had until Oct. 24 to legalize marijuana, VOANews reported. The Supreme Court ruled in multiple cases that the country’s prohibition of the recreational use of marijuana violated the constitution. Mexican law says that if the Supreme Court issues the same ruling five times, those rulings set a precedent that allow the court to order the creation of a new regulatory framework. Some lawmakers have proposed that the Mexican government tightly regulate the future marijuana market, while others propose a more open, free market. Mexican President Andres Manuel Lopez Obrador has shown signs of support for decriminalizing marijuana.  

Cannabis in America: $128.8 Billion in Taxes and 1.6 Million Jobs

New Frontier Data, a leader in analytics and business intelligence for the global cannabis industry, released its new study, Cannabis In the U.S. Economy: Jobs, Growth and Tax Revenue, 2019 Edition. The report looks at the current state of legal cannabis jobs and tax revenues and projects the impact that full federal legalization would have on the U.S. economy, especially tax revenue generation and job creation. New Frontier Data new report forecasts that under full federal legalization the cannabis industry could produce nearly $130 billion in additional tax revenues and over 1 million jobs nationwide. “With so much speculation about economic slowdown, the potential for federally legal cannabis to create up to a million new jobs and close to $130 billion in tax revenue is likely going to ...

Legalizing Marijuana Has “Minimal to No Effect” on Crime Ratet

According to new data from the journal Justice Quarterly, the legalization of adult-use marijuana possession and sales is not linked with any significant or long-term increase in criminal activity. Researchers affiliated with Washington State University assessed monthly average crime rates in Colorado and Washington in the wake of cannabis legalization compared to other states, NORML noted. In particular, they examined data for violent crimes, property crimes, auto thefts, and robberies. “[M]arijuana legalization and sales have had minimal to no effect on major crimes in Colorado or Washington,” the study noted. “We observed no statistically significant long-term effects of recreational cannabis laws or the initiation of retail sales on violent or property crime rates in these states. … Th...

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