Marijuana Legalization News

German Cannabis Legalization Uncertainty Is Spooking Investors

Investors in Germany’s cannabis sector are holding back and some startups risk running out of cash amid uncertainty over whether a partial legalization of the drug for recreational use will take effect as planned on April 1. After the ruling …

Germany Passes Law Legalizing Personal Use of Cannabis

German lawmakers approved a controversial bill legalizing personal use of cannabis, paving the way for controlled consumption of the drug from April 1. The legislation introduced by Chancellor Olaf Scholz’s government — a first step toward a planned broader legalization …

Germany to Approve Cannabis Bill This Week in Legalization Drive

German lawmakers will approve delayed legislation decriminalizing personal use of cannabis this week, paving the way for it to take effect on April 1, according to Health Minister Karl Lauterbach. The law, set to pass the lower house of parliament …

German Cabinet Passes Landmark Bill Over Legal Cannabis Use

Germany’s cabinet passed a contentious bill on Wednesday to legalize recreational marijuana use and cultivation, one of the most liberal cannabis laws in Europe that could potentially provide further momentum for a similar worldwide trend. The legislation, which still has …

Markets/Coverages: U.S. Cannabis-Focused MGU Opens for Business in Europe

The North American managing general underwriter CannGen Insurance Services (CannGen) has launched a European operation amid expectations that the continent’s legal cannabis market is set for substantial growth. CannGen Insurance Europe SRL (CGEU) now operates as a property/casualty MGU, providing …

Germany Inches Toward Legalizing Personal Use of Cannabis

Germany’s ruling coalition presented a scaled-back plan to decriminalize personal use of cannabis in Europe’s largest economy. The proposal would allow adults to possess as much as 25 grams (0.9 ounce) of marijuana and join nonprofit “social clubs” to purchase …

Medical Pot Firms Lead Donors for Legal Weed Campaigns in Conservative States

JEFFERSON CITY, Mo. (AP) – The call went out from leaders in the medical marijuana industry: Money was needed for a Missouri ballot initiative to legalize recreational cannabis for adults. Their colleagues responded. Marijuana farms, manufacturers and retailers provided millions …

North Dakota Groups Secures Signatures to Place Pot Legalization on Ballot

A group that wants to legalize recreational marijuana in North Dakota turned in more that 25,000 signatures to the secretary of state Monday in an effort to place the matter before voters in November. The group, New Approach North Dakota, …

Maryland Will Vote on Legalizing Cannabis in November

Maryland lawmakers voted Friday to let voters decide whether to legalize recreational marijuana in November. The Maryland House voted 94-39 for a constitutional amendment already approved by the Senate. The House also voted 89-41 for a separate measure that takes …

Delaware Lawmakers Advance Bill Legalizing Recreational Marijuana

A Democrat-led House committee voted mostly along party lines Wednesday to release a bill legalizing recreational marijuana use by adults in Delaware. A lone Republican joined Democrats on the Health and Human Development committee in voting to release the bill, …