Top corporate law firm hopes to benefit if legal hurdles to commercial cannabis trade can be overcome but grow-your-own medical users fear being priced out
The push to legalize recreational marijuana has been a fertile topic of discussion at law schools, which are offering students classes focusing on the legal questions surrounding the loosening of pot laws in several states.
CANNABIS CULTURE - Although "marihuana" had been banned, cannabis hemp was still being grown across the country for industrial purposes, but the market for commercial cannabis products had been shrinking for decades.
The federal spending bill passed last week is full of buried provisions, allocations and defunding in its more than 1,600 pages. One of the quieter add-ins was a measure that essentially ends the federal ban on medical marijuana.
Opening the door for what could be a lucrative and controversial new industry on some Native American reservations, the Justice Department on Thursday will tell U.S. attorneys to not prevent tribes from growing or selling marijuana on the sovereign lands, even in states that ban the practice.