Vermont made history today by becoming the first state to legalize recreational marijuana through a legislative process, as opposed to voter initiative. Vermont Governor Phil Scott (R) signed into law House Bill 511, which makes it legal for adults over 21 to possess up to one ounce of cannabis or five grams of hash, and removes penalties for possession and cultivation of up to two mature marijuana plants and up to four immature plants and home. Read more
A Spanish company called Phytoplant Research S.L. has received the oficial licence from the agricultural international authority : GLOBALG.A.P in order to produce full spectrum Cannabis on the Spanish ground.
New York, the home state of The Blinc Group and many other ancillary cannabis companies may have the opportunity of a lifetime in front of us. A bill is currently in consideration that if passed, would allow recreational marijuana in the empire state.
Marijuana is currently classified as a schedule I substance, the same class of heroin making the legal sale of cannabis a federal crime. This loophole creates a system where large commerce stakeholders like banks and credit card companies refuse to collaborate with the cannabis industry.