Gone are the days when a lonely Potstar could sit in quiet comfort, gazing listlessly upon a sea of white cotton amidst the forever blue sky, vaporizing her selected cannabis oils on a Southwest Airlines flight from Seattle, WA to Austin, TX. This time is referred to as “The good ol’ days.” A time that..
Recent years have delivered an unmatched wave of momentum in the ongoing state-by-state repeal of cannabis prohibition and as such, consumer markets are experiencing the ripple effect. Steady GDP growth in states with some form of legalized cannabis usage signifies localized economic health in keeping with the everchanging policies that govern the markets. Specific product..
SinglePoint Developing a Proprietary Bitcoin Exchange to Solve Payment Processing Issues in High Risk Markets
August 7th 2017 – SinglePoint Inc. OTC SING, is providing a first-hand look at the company’s new Bitcoin exchange aimed at solving the issue in payments issue plaguing the cannabis industry. Currently, there is no standard for payment processing the cannabis market. It is an underserved market with vast opportunity for technology to solve the..
Veterans Affairs Secretary’s Recent MJ Statement A recent Washington Post addresses this as we recap it below. Climate change, veteran health, and marijuana: all three of these topics are being heavily discussed by Veteran Affairs Secretary David Shulkin. Shulkin is being referred as the voice of reason after his “State of the VA” speech. The..
How the Marijuana Revenue and Regulation Act Could Move the Cannabis Industry Forward A flurry of legislative activities in Q1 of 2017 ended with a coordinated, bi-partisan effort to effectively end federal prohibition of cannabis. The Marijuana Revenue and Regulation Act (MRRA) includes powerful provisions that would turn the tide for the cannabis industry. In..
The work to end marijuana prohibition has been steady this year. With 12 bills already introduced this early in the year, legislators are making good on Attorney General Sessions’ call for congress to change the marijuana laws. Here’s a short list of cannabis bills introduced in 2017: HR 1841: To provide for the regulation of marijuana..
In our last post, we mentioned the Congressional Cannabis Caucus (CCC). To better understand the significance of this group to the marijuana industry, we’ll explain its mission and the various cannabis arguments being presented. The objective is to change federal laws to decriminalize and enable cannabusinesses to financially transact business and operate legally on all..
Marijuana legislation introduced back in 2015 could be the breakthrough centerpiece states need to fully decriminalize marijuana. The Curious Case of H.R. 1013 H.R. 1013, introduced February 20, 2015, would put marijuana in the same classification as alcohol, and subject to the same regulations. It had 11 original co-sponsors. That number has grown to 19..
Since the kickoff of 2017, the cannabis industry continues to make big strides forward as states reviewed budget gaps. Despite hints from the current administration about federal crackdowns, more states continue to push for legalized marijuana laws on their books. With over 50% of the states legalized, and several more considering bills, the federal government..
As the majority of states (28) have legalized cannabis, we anticipate a few more to join the ranks this year. In fact, here are summary reviews of five states we’re watching closely. Delaware While Delaware took active steps towards legalization, decriminalizing it in 2015, there are still inroads to be made for cannabusinesses. Senator Margaret..