Here comes hemp: Congress votes to unleash a billion-dollar industry

The Senate on Tuesday and the House on Wednesday gave final approval to the massive 2018 Farm Bill, including a provision that will end an eight-decade ban on industrial hemp, that non-psychoactive but extremely useful member of the cannabis family. President Trump is expected to sign the bill into law.

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Here Are 10 Economic Sectors Impacted by Legal Marijuana

Marijuana legalization continues to spread. It's already legal for adults in nine states (including California, the nation's most populous), and medical marijuana is legal in 30. Canada goes legal next Wednesday, and we could see two more medical marijuana states, Utah and Missouri, and two more legalization states, Michigan and North Dakota, on Election Day. And New Jersey is on the path to legalizing it via this legislature by year's end—if all goes well.

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Here's Why Marijuana Will Play a Major Role in the Next Two National Elections

Last week, the San Jose Convention Center hosted the National Cannabis Industry Association's (NCIA) 2018 Cannabis Business Summit and Expo. More than 7,000 marijuana industry players and hopefuls crammed into exhibition halls and conference rooms for the three-day confab, located squarely in the heart of the world's largest legal marijuana market—California.

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Watch: Jeff Sessions Acknowledges States Have the Right to Set Their Own Marijuana Policies

Even as he defended federal marijuana prohibition, U.S. Attorney General Jeff Sessions on Thursday conceded that states have the right to pass their own marijuana laws.

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New Jersey Suspends All Marijuana Prosecutions - At Least Until Fall

State Attorney General Gurbir Grewal has shaken up New Jersey's marijuana politics with an announcement Tuesday that he has ordered county and municipal prosecutors to defer all marijuana-related cases until early September. The move was an unexpected response to a squabble over whether a city in the state could decriminalize pot possession on its own.

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There’s a Surprising Obstacle to Ending Marijuana Prohibition in New Jersey

New Jersey Gov. Phil Murphy (D) campaigned on, among other things, a promise to legalize marijuana in his first 100 days in office. That didn't happen. It may not happen at all this year, and state Sen. Ronald Rice (D) is one major reason why.

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Watch: Colbert Offers Hilarious Warning After Canada Votes to Legalize Marijuana

Canada officially legalizes weed on October 17, and that's just too darned much for Stephen Colbert.

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Legal Marijuana Runs Right Over Maine's Obstructionist Tea Party Governor

Paul LePage, Maine's irascible Tea Party Republican governor, is no friend of marijuana. He opposed the state's successful 2016 marijuana legalization initiative, and, once it won, vetoed the legislature's bill to implement the will of the voters. That was last year.

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Marijuana's Midwest Breakthrough: Michigan to Vote on Legalization in November

The Midwest could soon see its first state end marijuana prohibition. State officials in Michigan announced Tuesday that a marijuana legalization initiative has enough valid voter signatures to appear on the November ballot. Polls in the state suggest it will win.

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WATCH: Chuck Schumer Is Ready to Legalize Marijuana

The Senate's highest-ranking Democrat is letting his freak flag fly. In a Thursday night interview with VICE News, Minority Leader Chuck Schumer (D-NY) announced he is crafting legislation that would result in the effective end of federal marijuana prohibition.

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WATCH: Jeff Sessions Marijuana Rolling Papers Are a Thing

A group supporting the legalization of marijuana has come up with a nifty fundraising scheme: Rolling papers with the attorney general's image on the packaging.

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