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Tag: marijuana investment

Inside New Jersey’s Legal Weed Boom

As marijuana legalization spreads, states are looking at different ways to ensure those most affected by decades of racially biased anti-drug policies have a leg up.

Under a special program, New Jersey prioritizes granting licenses to dispensaries run by people with marijuana convictions on their records.

Lawmakers hope that by making equity a cornerstone of their newly legalized markets, those who dealt marijuana in the illegal, or “legacy,” market will be persuaded to go legit.

Produced by: Stefan Sykes, Christian Nunley
Camera: Brad Howard
Supervising Producer: Jeff Morganteen

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Inside New Jersey’s Push to Get Ex-Cons Into Cannabis Capitalism

Is Marijuana Legalization Inevitable In The US?

Every ballot initiative involving the decriminalization or legalization of marijuana passed in the 2020 election. The Democratic-controlled House also passed the MORE Act in early December, which would legalize marijuana at the federal level and implement sweeping regulations surrounding the drug. These developments reveal something important about the shift in the marijuana debate: Marijuana may be one of the truly bipartisan issues in the U.S. right now.

0:00 – Introduction
2:23 – History of marijuana in the U.S.
6:37 – State vs federal law disconnect
11:26 – The future of legalization

CORRECTION (January 4, 2021): At 0:55 and 6:31, the map mislabels the legality of recreational marijuana in Illinois. The state has legalized marijuana for both recreational and medical use. At 12:20, a graphic used an incorrect photo to identify Alaska Rep. Don Young.

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Is Marijuana Legalization Inevitable In The US?

The organization 'Smart Approaches to Marijuana' wants America to rethink legalizing cannabis

Kevin Sabet, president and CEO of Smart Approaches to Marijuana, an organization leading the lobbying effort against legalization of the drug, joins “Squawk Box” to explain why his organization is dedicated to stopping a tobacco-like industry from forming around cannabis. Sabet is also a former White House advisor on drug policy under the Obama Administration.

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Recreational marijuana use will eventually be legalized: Cannabis company CEO

Acreage Holdings CEO Kevin Murphy joins “Squawk Box” to discuss where the United States stands in the stage of transitioning toward legalizing recreational marijuana use.

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