August 2020

A coalition of major drug policy and civil rights organization is urging congressional leadership to hold a House floor vote on a comprehensive marijuana legalization bill by the end of next month. In a letter to Speaker Nancy Pelosi (D-CA) and Majority Leader Steny Hoyer (D-MD), more than 120 groups—including the American Civil Liberties Union, NAACP, Human Rights Watch, Drug Policy Alliance and...

In late 2019, many in the California marijuana industry confidently predicted a rash of companies would go under this year, citing the market’s harsh business conditions and a dearth of investors. Coming extinctions were accepted with near-universal consensus, in part because profit margins had been almost nonexistent since the legal market launched in 2018. Moreover, several indicators in early...