Maine Lawmakers Approve Bill to Regulate Recreational Marijuana Retail

Nearly three years after voters in the state approved legalized marijuana, Maine is finally inching closer to fully regulated pot sales.

Janet Mills, Maine’s Democratic governor, said Friday that she intended to sign a law that establishes rules over the sale of recreational marijuana. A day earlier, the state’s legislature passed the bill at the 11th, approving the measure just before the summer recess.

A spokesperson for Mills told the Associated Press that the governor would sign the bill in the next few days, and Maine officials have indicated that stores selling marijuana could open their doors by 2020.

For Maine, it represents a major breakthrough in a legalization push that has been marked by delays and setbacks. Voters there approved a referendum in 2016 to legalize recreational pot use by fewer than 5,000 votes — a razor-thin margin that prompted calls for a recount. The result stood after a partial recount was suspended in January of 2017, but Paul LePage, the state’s Republican governor at the time, defied voters and remained steadfast in his opposition to the measure. He vetoed a bill to move ahead with legalization in November of 2017, saying he remained “concerned about expanded legalization of

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5 Most Popular Marijuana Stocks on the Market Right Now

What are the most popular marijuana stocks on the market right now? It depends on how you measure popularity.

Probably the best way to evaluate the popularity of a stock is to look at its average daily trading volume. This number provides a great barometer of investor interest in a given stock. You might argue that some very unpopular stocks could have high average trading volumes as investors sell off the stock. While that might be true, remember that there’s a buyer on the other end of every one of those transactions.

Based on average trading volume, the most popular marijuana stocks on the market right now are Aphria (NYSE: APHA), Aurora Cannabis (NYSE: ACB), Canopy Growth (NYSE: CGC), Cronos Group (NASDAQ: CRON), and HEXO (NYSEMKT: HEXO) (TSX: HEXO). This list, by the way, is in alphabetical order and only includes the stocks of companies with a primary focus in the cannabis industry. You might be surprised at how these marijuana stocks rank in terms of their popularity based on average trading volumes, though.

– Read the entire article at Yahoo News.

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Cannabis Acceptance Will Increase With Rollout of New Products

Health Canada recently released new regulations which set the stage for the next wave of cannabis legalization.

Starting late this year, regulations will permit various new forms for the consumption of cannabis such as edibles, drinkables, topicals, and vape pens, moving the industry towards more consumer-packaged goods and away from our current limited legal offerings.

I firmly believe that this is key to reducing the stigma around cannabis and encouraging a broader acceptance of the drug.

– Read the entire article at Toronto Sun.

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Mould: Why It Happens, How to Avoid It

You’ll face the biggest risk of your cannabis to succumbing to mould during the drying and curing process. But even when you’ve bagged yourself a batch of the final product, there’s still every chance mould will make an unwelcome appearance. And when it does, you could be staring disaster square in the eye.

If you’ve ever wondered where mould comes from and how it does its business on pot, you’re far from the only one. The good news being that in this day and age, cannabis storage solutions are leaps and bounds ahead of their more dated counterparts. In fact, it’s actually pretty easy these days to keep your cannabis fresh for a decent period of time at least.

Still, mould will occasionally rear its ugly head and you therefore need to know how to both prevent and identify it. Which is precisely what we’ll be looking at here – a 411 introduction to one of the biggest and most common headaches plaguing pot communities all over the world.

How Long Can You Keep Your Cannabis Fresh?

Realistically, how long can you expect to preserve the freshness of your cannabis? An important question, but one that has a multitude

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Public Cannabis Consumption Now Allowed in Colombia: Is Full Marijuana Legalization Next?

It’s been seven years since Colombia decriminalized the possession of small amounts of cannabis and other illicit drugs, and about three years since the South American country legalized medical cannabis – and while home cultivation for personal use is allowed, recreational cannabis remains illegal to date.

In another big step for a country blessed with the ideal conditions to grow marijuana, the legal framework and labor costs needed to make it profitable, and an export quota second to none – which represents more than 25 percent of the world’s total cannabis that can be traded worldwide, Colombia’s Constitutional Court overruled a ban on the public consumption of cannabis this week – as reported by L.A. Weekly’s Cannabis Editor Michael Miller.

Creating A ‘Fair And Reasonable Regulatory Regime’.

– Read the entire article at News.

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