News

May 21, 2020

Virginia: Marijuana Decriminalization Takes Effect July 1

Democratic Governor Ralph Northam officially signed legislation today decriminalizing marijuana possession. The new law takes effect July 1, 2020 and reduces penalties for offenses involving the possession of up to one ounce of marijuana to a civil violation – punishable by a maximum $25 fine, no arrest, and no criminal record.
May 20, 2020

Study: Adult-Use Legalization Associated with Decline in Youth Treatment Admissions

"To our knowledge, this is the first study examining the effect of recreational legalization of marijuana in the US on adolescent treatment admissions for marijuana use. Our results indicate that RML in Colorado and Washington was not associated with an increase in treatment admissions. Rather, we observe a substantial decline in admissions rates across US states."
May 19, 2020

Attorneys General Push for Marijuana Banking Reform

"The current predicament of a rapidly expanding national marketplace without access to the national banking systems has resulted in an untenable situation."
May 19, 2020

Analysis: Adult-Use Marijuana Legalization Associated with Tourism Spike

“[L]egalization in Colorado is associated with an increase of nearly 51,000 hotel rooms rented per month [and] once commercial sale is permitted, there is an increase of almost 120,000 room rentals per month."