Eddie and Sherra Armstrong (Image: Cannabis Capital Group) Husband-and-wife co-founders Eddie and Sherra Armstrong want to help make medical cannabis profitable for people of color. The couple recently launched Cannabis Capital Group, a consulting firm that assists marijuana-based companies with the education, advocacy, and investment needed to compete in the space.
Illinois has become the latest state to legalize marijuana. The state’s new Democratic governor signed a bill Tuesday legalizing the use of the drug. Gov. JB Pritzker campaigned on the issue and the Illinois General Assembly passed a law legalizing and regulating production on May 31.
The “420 Bill” is officially on a roll. A federal bill that would legalize cannabis and regulate it like alcohol was introduced in the Senate on Friday by Democratic Sen. Ron Wyden of Oregon. The bill, the Marijuana Revenue and Regulation Act, has been designated as S. 420 by Wyden and is a companion measure…
Nevada becomes first state to ban pre-employment marijuana tests.
Publix Supermarket, Ponte Vedra Beach, Florida. The family that founded the Publix supermarket chain has given $800,000 to a lobbying group fighting the legalization of medical marijuana in Florida.