Illinois: Cannabis Regulation and Taxation Act (Economic Development)

By Michael Bachara
Hemp News

Chicago, IL – State lawmakers continued their in-depth look at cannabis policy reform earlier this week as they heard testimony on the economic boost Illinois could expect following the end of cannabis prohibition. Travel icon Rick Steves, Colorado State Rep. Dan Pabon, economist Adam Orens, and several Illinois business owners discussed the benefits and challenges Illinois could expect upon adopting a better law.

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Maine: Prohibitionist Governor Vetoes Cannabis Regulation and Implementation Bill

By Michael Bachara
Hemp News

Last Friday, Gov. Paul LePage followed through on threats to veto legislation that would have started the process of implementing a regulated cannabis market that Maine voters called for when they approved Question 1 in 2016.

The progressive bill, LD 1650, which was supported overwhelmingly in the House and Senate, would have created rules for cultivation, processing, and retail establishments, as well as set tax rates for adult-use and delay cannabis social consumption lounges until summer 2019.

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