Next week, the House of Representatives plans to vote on a bill that would effectively decriminalize and deschedule cannabis, marking only the second time in over 50 years that a chamber of Congress has voted to reclassify cannabis from its existing status as a federally prohibited substance. What can we expect as far as timetables and anticipated […]

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The progression of today’s psychedelics industry is very reminiscent of the early days of cannabis decriminalization. Think back about 10 or so years ago, when cannabis was not yet fully legal anywhere but regulations and societal views were beginning to relax, and unlicensed dispensaries (called collectives at the time) were becoming increasingly prevalent.   In a […]

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The change in Apple's App Store policies will gradually grow payment solutions for the legal cannabis industry. In a few years, decisions like this will be looked back at and considered important gluing factors that helped link fragmented operations in the industry. It may be why Google and Facebook are hesitant to promote cannabis products as their payment systems in Play and FB Store could be used for marijuana purchase, time will tell.

Mitch McConnell sounds convinced that the SAFE Banking Act is not the right call for now. According to the Senate Minority Leader, the cannabis banking measure is basically going to promote irresponsible consumption of weed among adult Americans. In his words, the bill will only help Americans get stoked on pot.