Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana.
- Vermont governor snuffs legal pot, tells lawmakers to ‘get it right’ (Reuters: US News, 25 May 2017)
Vermont’s governor on Wednesday halted, at least temporarily, efforts to become the ninth state to legalize the recreational use of marijuana, but offered to work with state legislators to resolve what he cited as the bill’s shortcomings.
- A $200M day: Two investors reveal big plans to fund marijuana businesses (Marijuana Business Daily: News, 24 May 2017)
A California retail estate investment firm and a wealthy Florida medical marijuana advocate separately pledged Tuesday to pump $100 million each into cannabis businesses, marking a notable new chapter in the MJ industry.
- Recreational Marijuana Coming to New Jersey? Lawmaker Introduces Legislation to Legalize Pot (Newsweek: All News, 20 May 2017)
The bill would legalize adult use of marijuana and possession of certain amounts of pot.
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