New Jersey voters approved a ballot measure legalizing recreational marijuana, setting the stage for a new market for cannabis in the Northeast. The successful ballot measure adds an amendment to the state constitution allowing people ages 21 and older to use marijuana. The amendment also allows the state to set up a regulated market to… Continue reading Ballot Measure to Legalize Marijuana Passes in New Jersey
Tag: recreational marijuana
Illinois Legalizes Recreational Marijuana
Illinois started off the new decade by embarking into the world of recreational marijuana, where people can buy the intoxicating plant legally and without a prescription. Across the Chicago area, thousands lined up — some before dawn — for a chance to buy marijuana legally for the first time. The day featured long lines, a… Continue reading Illinois Legalizes Recreational Marijuana
Car Crashes in Marijuana-Legal States Have Soared
Car crashes in the first three states to legalize recreational marijuana have soared as law enforcement and regulators struggle to define driving high, let alone determine how to fight it. Colorado, Oregon, and Washington saw a combined 5.2% increase in the rate of police-reported crashes after legalizing recreational marijuana, compared with neighboring states where such… Continue reading Car Crashes in Marijuana-Legal States Have Soared
Governor Inks Bill Making Illinois 11th State to Legalize Recreational Marijuana
Recreational marijuana is now roughly six months away from being legal across Illinois. Gov. J.B. Pritzker signed the bill into law Tuesday. That means residents 21 and over will be able to buy marijuana at dispensaries as soon as Jan. 1. Illinois now joins 10 other states that have legalized recreational marijuana. In Vermont and… Continue reading Governor Inks Bill Making Illinois 11th State to Legalize Recreational Marijuana
Effort to Legalize Recreational Marijuana in New York ‘Dead for Now’
New York state lawmakers abandoned a bill to legalize and regulate recreational marijuana for adults and said they would instead focus on further decriminalizing the drug. The shift Wednesday was a blow to legalization advocates, who had hoped New York would follow Illinois in becoming the second state to set up a regulated marijuana market… Continue reading Effort to Legalize Recreational Marijuana in New York ‘Dead for Now’
Many Insurers Just Won’t Touch Covering Marijuana-Related Businesses
Marijuana is already a multibillion-dollar business in the U.S. that’s drawing attention from some lawmakers eager for tax revenue and investors looking for profits. So far, however, some of the biggest insurers are taking a pass. Allianz SE, Hartford Financial Services Group Inc., and Nationwide Mutual Insurance Co. are among large insurers that aren’t covering… Continue reading Many Insurers Just Won’t Touch Covering Marijuana-Related Businesses