The rapper has been hired as chief visionary officer for Subversive Capital Acquisition Corp, a company acquiring cannabis firms in the Golden State.
For the first time in history, a chamber of Congress has voted to end the federal prohibition on marijuana.
Since voters passed marijuana legalization four years ago, big business has dominated the market. But several developments could bring some much needed change next year.
The proposal would render San Francisco the largest U.S. city to ban smoking in apartments and condos.
California’s cannabis tax revenue hit $306.7 million during the third quarter of 2020, bringing total revenue to $772.6 million for the year so far.
The MORE Act will go for a House vote sometime between now and Friday, Dec. 4.
The pause will give staff time to debate new rules and restrictions on hemp grows.
The events of the past year have forced Americans to confront social justice and racial inequities with renewed vigor.
This month, a new law took effect mandating Prop 65 warning labels for virtually every cannabis product on the market.
Two years after the federal government legalized industrial hemp production, the U.S. Department of Agriculture (USDA) has finalized federal regulations for the crop.