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A Global Look at ‘Legacy’ Markets and Policy

How small and legacy hemp and cannabis farmers are defined and faring in cannabis markets around the world.

Outdoor Cannabis Hubbard Steve

Marguerite Arnold

December 12, 2022

No matter the exact cause, from post-COVID economic volatility to the marked financial doldrums of cannabis stocks, there are signs that support for the “legacy farmer” is on an upswing.

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Nebraska Judge Could Dismiss Lawsuit Targeting Cannabis Ballot Measures This Week

Hemp THC Drinks Legal in South Carolina, Solicitor General Concludes

Pennsylvania Lawmakers File Bipartisan Bill to Legalize Adult-Use Cannabis

4th Circuit Court Rules THC-O Meets Legal Definition of Hemp, Deviating From DEA

Nebraska Judge Could Dismiss Lawsuit Targeting Cannabis Ballot Measures This Week

Lancaster County District Court Judge Susan Strong is weighing prohibitionist claims about signature validity for two legalization petitions.

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Hemp THC Drinks Legal in South Carolina, Solicitor General Concludes

State Solicitor General Robert D. Cook told South Carolina House Speaker G. Murrell Smith Jr. that beverages with delta-9 THC from hemp are legal.

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Pennsylvania Lawmakers File Bipartisan Bill to Legalize Adult-Use Cannabis

Reps. Aaron Kaufer and Emily Kinkead are sponsoring the legislation with 15 co-sponsors in the commonwealth.

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4th Circuit Court Rules THC-O Meets Legal Definition of Hemp, Deviating From DEA

The federal court’s interpretation of the 2018 Farm Bill contradicts the Drug Enforcement Administration’s position that THC-O is illegal.

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Key Regulatory Changes in Colorado’s Marijuana Industry – What Businesses Need to Know

A law to streamline the state’s regulations for marijuana licensees will take effect Aug. 7.

Colorado Hoophouse

Moving the Goalposts: State Regulation of Hemp-Derived Cannabinoids

Intoxicating hemp-derived cannabinoids are proliferating on the open market, and state regulators’ responses are all over the map. Here’s a look at the constantly evolving landscape and what the future may hold.

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25 GOP Lawmakers Condemn Cannabis Rescheduling in New Letter

Sen. James Lankford and Rep. Pete Sessions spearheaded the letter sent to Attorney General Merrick Garland, saying rescheduling lacks “adequate science.”

U.S. Sen. James Lankford (left) and U.S. Rep. Pete Sessions

Nebraska Group Delivers 114,000 Signatures for Medical Cannabis Legalization Measures

Nebraskans for Medical Marijuana turned in two petitions to the Secretary of State to put medical cannabis reform on the November ballot.

Nebraskans for Medical Marijuana supporters who helped collect more than 114,000 signatures for each of two legalization petitions.

US House Republicans Nix States’ Rights Cannabis Amendment, Focus on Blocking Rescheduling

The House Appropriations Committee advanced a bill that aims to prevent the DOJ from using funds to reclassify cannabis while allowing it to interfere with state cannabis laws.

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UPDATE: US House Democrats Introduce Bill to Federally Legalize Cannabis

The MORE Act aims to decriminalize and deschedule cannabis, provide expungements, and reinvest in those adversely impacted by the drug war.

Rep. Jerry Nadler, D-N.Y., reintroduced the MORE Act Sept. 20 in the U.S. House.

Pennsylvania Lawmakers Introduce Cannabis Legalization Bill, Pointing to Neighboring Ohio

A pair of bipartisan state representatives released a 220-page bill in a memo calling on their colleagues to join them in cosponsoring the legislation.

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Study: Cannabis Dispensaries Increase Home Values by 2 Percentage Points on Average

Despite unfounded claims arguing that cannabis retailers can depreciate surrounding home prices, data from multiple states, including Colorado, Illinois and Michigan, show positive impacts.

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