News Americas, NEW YORK, NY, Fri. April 28, 2023: Here are the cannabis headlines making marijuana news globally and in the Caribbean and Latin America this week in less than 60 seconds:
A Singaporean man convicted of trying to traffic around 2.2 pounds of cannabis was executed on Wednesday, a sentence lambasted by rights groups and campaigners for its severity at a time when many other nations have adopted a more lenient approach towards drugs and capital punishment.
US Bipartisan Senate and House lawmakers have refiled a much-anticipated bill to free up banking services for the marijuana industry.
The legislation, which has been slightly revised since last session, would protect banks that work with state-legal cannabis businesses from being penalized by federal regulators.
American rapper Joseph Edgar Foreman, better known by his stage name Afroman, is running for the president’s office in 2024 and he has officially announced the same. The “Because I Got High” rapper-musician plans to legalise cannabis everywhere after winning the “20-20 Fro” election.
Rohan Marley, the son of reggae icon Bob Marley, will be at a dispensary in Oakland County today to promote his marijuana brand in Michigan. Marley will be mingling with cannabis consumers during a meet-and-greet at Bazonzoes at 1760 E. West Maple Road in Walled Lake at 1 p.m.
U.S. residents are spending more money to purchase legal cannabis than they are on chocolate, craft beer and topical pain relief. A report from MJBizDaily showed Americans spent roughly $30 billion on legal marijuana in 2022 while only spending around $20 billion on chocolate.
The Texas House of Representatives this week gave preliminary approval a bill to decriminalize the possession of small amounts of marijuana. The legislation was approved on its second reading by members of the House with a voice vote.
Indigenous leaders are calling on Canada’s federal government to amend the Cannabis Act to allow for their “fulsome” participation in the industry after First Nations were largely excluded from the 2018 law legalizing adult-use marijuana.
Jamaica officials are advocating for Support of Small Scale Cannabis Cultivation. State Minister Dr. Norman Dunn, says the Alternative Development Programme (ADP) is still viewed as one of the best ways to help smaller cannabis growers enter the legal industry.
Top cannabis stocks this month include Canopy Growth (NASDAQ:CGC)
Tilray (NASDAQ:TLRY)
Cronos (NASDAQ:CRON)
Trulieve Cannabis (OTC:TCNNF).
