Investors Hangout Stock Message Boards Logo
  • Mailbox
  • Favorites
  • Boards
    • The Hangout
    • NASDAQ
    • NYSE
    • OTC Markets
    • All Boards
  • Whats Hot!
    • Recent Activity
    • Most Viewed Boards
    • Most Viewed Posts
    • Most Posted
    • Most Followed
    • Top Boards
    • Newest Boards
    • Newest Members
  • Blog
    • Recent Blog Posts
    • Recently Updated
    • News
    • Stocks
    • Crypto
    • Investing
    • Business
    • Markets
    • Economy
    • Real Estate
    • Personal Finance
  • Market Movers
  • Interactive Charts
  • Login - Join Now FREE!
  1. Home ›
  2. Stock Message Boards ›
  3. Stock Boards ›
  4. IGC Pharma Inc. (IGC) Message Board

420 with CNW — Legislators in Hawaii Pass Measur

Message Board Public Reply | Private Reply | Keep | Replies (0)                   Post New Msg
Edit Msg () | Previous | Next


Post# of 436
(Total Views: 173)
Posted On: 05/04/2023 5:05:15 PM
Avatar
Posted By: NetworkNewsWire
420 with CNW — Legislators in Hawaii Pass Measure Urging Governor to Establish Clemency Program

Legislators in the state of Hawaii have passed a measure urging the governor to establish a clemency program for individuals with previous cannabis convictions on their records. The measure, which was approved by the House earlier last month, was championed by Representative Jeanné Kapela.

The legislation states that the prosecution of marijuana offenses has deprived many of access to housing, higher education, individual liberty, the right to vote, and employment, with the overall drug war destroying indigenous, immigrant and low-income communities. It also calls attention to the mass pardon issued by President Joseph Biden in October 2022 for persons with simple federal marijuana possession offenses. In addition, it mentions that some states have legalized cannabis and included expungement pathways for previous convictions.

LPP Senior Policy Associate Frank Stiefel argues that setting up a clemency program would be an important first step in addressing the harms caused by failed policies implemented as a result of the war on drugs The measure also encourages Governor Josh Green to work with advocacy groups such as the Hawaii Innocence Project and The Last Prisoner Project.

Earlier in November, the governor announced that he’d sign a legislation to legalize marijuana for adults, adding that he had ideas on how taxes from cannabis sales could be used. Despite this, the state has yet to legalize the recreational use of marijuana after an adult-use marijuana legalization measure that was approved in the Senate ultimately stalled in the House.

Legislators hope to enact the reform in the second half of the two-year legislative session. That hope was strengthened after the AG announced that her office would not oppose cannabis legalization anymore and would, instead, liaise with stakeholders and legislators to help advance reform. Attorney General Anne Lopez revealed that her office would develop a comprehensive regulatory legislative package that could be attached to any measure to legalize cannabis.

Additionally, the state was the first in the country to legalize medical cannabis in 2000. More than a decade later, the law was expanded to include a regulated cultivation and dispensary system. With an already established medical cannabis system, recreational use is not far behind.

In other news, the state’s senate passed a resolution to establish an advisory council to explore regulations on access to breakthrough treatments such as MDMA and psilocybin for mental health conditions. The resolution from Representative Adrian Tam would also evaluate FDA breakthrough therapies within three months of the substance receiving its designation.

As states such as Hawii move to expand their marijuana laws beyond medical marijuana, several companies, including IGC Pharma Inc. (NYSE American: IGC). are investing research dollars with the aim of bringing to market cannabis-based medicines that meet the strict requirements of the FDA so that more people can access these treatments even if the jurisdictions in which they live don’t permit the use of marijuana.

NOTE TO INVESTORS: The latest news and updates relating to IGC Pharma Inc. (NYSE American: IGC) are available in the company’s newsroom at https://cnw.fm/IGC

Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW420, wherever published or re-published: http://CNW.fm/Disclaimer



(0)
(0)




IGC Pharma Inc. (IGC) Stock Research Links


  1.  
  2.  


  3.  
  4.  
  5.  






Investors Hangout

Home

Mailbox

Message Boards

Favorites

Whats Hot

Blog

Settings

Privacy Policy

Terms and Conditions

Disclaimer

Contact Us

Whats Hot

Recent Activity

Most Viewed Boards

Most Viewed Posts

Most Posted Boards

Most Followed

Top Boards

Newest Boards

Newest Members

Investors Hangout Message Boards

Welcome To Investors Hangout

Stock Message Boards

American Stock Exchange (AMEX)

NASDAQ Stock Exchange (NASDAQ)

New York Stock Exchange (NYSE)

Penny Stocks - (OTC)

User Boards

The Hangout

Private

Global Markets

Australian Securities Exchange (ASX)

Euronext Amsterdam (AMS)

Euronext Brussels (BRU)

Euronext Lisbon (LIS)

Euronext Paris (PAR)

Foreign Exchange (FOREX)

Hong Kong Stock Exchange (HKEX)

London Stock Exchange (LSE)

Milan Stock Exchange (MLSE)

New Zealand Exchange (NZX)

Singapore Stock Exchange (SGX)

Toronto Stock Exchange (TSX)

Contact Investors Hangout

Email Us

Follow Investors Hangout

Twitter

YouTube

Facebook

Market Data powered by QuoteMedia. Copyright © 2025. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges).
Analyst Ratings & Earnings by Zacks. RT=Real-Time, EOD=End of Day, PD=Previous Day. Terms of Use.

© 2025 Copyright Investors Hangout, LLC All Rights Reserved.

Privacy Policy |Do Not Sell My Information | Terms & Conditions | Disclaimer | Help | Contact Us