All posts in Connecticut News

Despite the cannabis industry sell-off, now is not the time to get disheartened with marijuana stocks. The industry is just heating up and more states could legalize cannabis this year. Although prospects of federal legalization aren’t looking favorable now, most of the domestic companies are positioned to benefit investors long-term if and when legalization happens. Florida-based Trulieve Cannabis (OTC:TCNNF) is one such cannabis grower that has shown outstanding growth in the last couple of years, even with a limited legal market. The worst mistake Trulieve investors can make right now is to sell this stock due to the industry’s downtrend. Here are…

The towns of Stonington and North Stonington and the Borough of Stonington will soon be holding public hearings on a proposal to implement a six-month moratorium on zoning applications from people who want to open marijuana shops and cannabis-growing or production facilities. The moratoriums are designed to give their planning and zoning commissions time to develop regulations to oversee the new types of businesses. During a moratorium, a municipality will not accept or consider an application for a cannabis-related business.    The three municipalities are the closest in southeastern Connecticut to the state of Rhode Island, where recreational marijuana is not sold. Because of the anticipated demand from marijuana users in Rhode Island and Connecticut, there is likely to be interest in opening a…

Five minors were taken to a hospital last week after eating chocolate containing the main psychoactive ingredient in marijuana and becoming ill. While this is just one incident, the situation brings up the question of how to keep cannabis edibles out of the hands of young people, a topic that should take high priority in this new era of legal recreational marijuana.     The Associated Press reported that a 13-year-old student at the Bishop Woods School in New Haven gave the edibles to four other students, ages 12 and 13. Some of the students vomited and some became lethargic, but…

As congressional lawmakers continue to pursue a bill to federally protect banks that work with state-legal marijuana businesses, a bipartisan pair of Pennsylvania state senators have announced that they will soon be introducing “companion” legislation Commonwealth. Sens. John DiSanto (R) and Sharif Street (D) distributed a cosponsorship memo to colleagues on Tuesday unveiling their plan to file a bill that would safeguard banks and insurers against being penalized by state regulators. The senators serve as chairman and minority chairman of the Banking & Insurance Committee. While financial institutions are generally more weary of facing consequences from federal regulators under the…

As congressional lawmakers continue to pursue a bill to federally protect banks that work with state-legal marijuana businesses, a bipartisan pair of Pennsylvania state senators have announced that they will soon be introducing “companion” legislation Commonwealth. Sens. John DiSanto (R) and Sharif Street (D) distributed a cosponsorship memo to colleagues on Tuesday unveiling their plan to file a bill that would safeguard banks and insurers against being penalized by state regulators. The senators serve as chairman and minority chairman of the Banking & Insurance Committee. While financial institutions are generally more weary of facing consequences from federal regulators under the…

As congressional lawmakers continue to pursue a bill to federally protect banks that work with state-legal marijuana businesses, a bipartisan pair of Pennsylvania state senators have announced that they will soon be introducing “companion” legislation Commonwealth. Sens. John DiSanto (R) and Sharif Street (D) distributed a cosponsorship memo to colleagues on Tuesday unveiling their plan to file a bill that would safeguard banks and insurers against being penalized by state regulators. The senators serve as chairman and minority chairman of the Banking & Insurance Committee. While financial institutions are generally more weary of facing consequences from federal regulators under the…

As congressional lawmakers continue to pursue a bill to federally protect banks that work with state-legal marijuana businesses, a bipartisan pair of Pennsylvania state senators have announced that they will soon be introducing “companion” legislation Commonwealth. Sens. John DiSanto (R) and Sharif Street (D) distributed a cosponsorship memo to colleagues on Tuesday unveiling their plan to file a bill that would safeguard banks and insurers against being penalized by state regulators. The senators serve as chairman and minority chairman of the Banking & Insurance Committee. While financial institutions are generally more weary of facing consequences from federal regulators under the…

Tobacco- and vape-free campuses are a growing trend throughout the nation, according to the American Nonsmokers’ Rights Foundation. Of 2,560 100% smoke-free campus sites, 2,122 are 100% tobacco-free, 2,194 prohibit e-cigarette use, 1,201 prohibit hookah use, 554 prohibit smoking/vaping marijuana, and 619 explicitly include personal vehicles on campus in the policy protections, according to the foundation.