Hartman Cosco Government Relations

Weed stocks surge as Kamala Harris vows to decriminalize pot in debate

Brian Skinner October 16, 2020 Elections, Marijuana policy

Reuters — By Shariq Khan — October 8, 2020 U.S.-listed shares of major cannabis producers surged on Thursday after Democratic vice president nominee Kamala Harris said marijuana would be decriminalized at a federal level in the United States under a Biden administration. During Wednesday night’s debate with Vice President Mike Pence, Harris said she and Democratic presidential …Read More

Cannabis companies, betting on a Biden win, ready IPOs

Brian Skinner Elections, Marijuana policy

Reuters — By Shariq Khan, David Randall – October 15, 2020 NEW YORK (Reuters) – A year ago, Flora Growth Chief Executive Damian Lopez had just spent a chunk of his company’s seed capital buying a Colombian cannabis producer, and was fighting his way through the legal and financial hurdles that have made development of the …Read More

US Supreme Court declines to weigh in on cannabis overtime pay case

Brian Skinner October 8, 2020 Marijuana policy, U.S. Supreme court

Marijuana Business Daily — October 6, 2020 How federal labor laws affect state-legal marijuana businesses could remain murky after the U.S. Supreme Court decided not to hear an overtime pay case in the cannabis sector. A petition by Helix TCS, a Colorado cannabis security firm, for the Supreme Court to review the case was denied, Law360.com reported. Employee Robert Kenney …Read More

US House vote delay likely won’t derail marijuana reform momentum

Brian Skinner September 22, 2020 Marijuana policy

Marijuana Business Daily — By Jeff Smith — September 21, 2020 The postponement of a U.S. House vote until after the November election to remove marijuana from the federal Controlled Substances Act is a disappointment to many in the industry, but it changes little in terms of the momentum of reform. That is, as long as the House …Read More