Anthony Martinelli

Anthony Martinelli is Founder and Editor-in-Chief of The Marijuana Herald, a daily marijuana news and information website that launched in 2018. You can reach Anthony at Info@TheMarijuanaHerald.com.

Author's posts

Nevada: $800 Million in Legal Marijuana Sold in 2024, $120 Million in Taxes Garnered

Nevada had another strong year of legal marijuana sales, topping $800 million for the third straight year. Data from the Nevada Cannabis Information Portal shows that there was $636,604,252 worth of marijuana sold legally in Nevada between January and September. According to the research firm Headset, the state sold an additional $165,276,918 between October and …

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Cannabis Testing Market to Grow in Value From $2.5 Billion in 2024 to $12 Billion in 2034

The global cannabis testing services market is projected to expand from $2.5 billion in 2024 to over $12 billion by 2034, reflecting a robust compound annual growth rate (CAGR) of 17.26%. This growth is fueled by the increasing legalization of cannabis worldwide, heightened awareness of safety and quality standards, and advancements in testing technologies, according …

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Clinical Trial: Psilocybin Shows Sustained Benefits in Treating Depression Over Six Months

A phase 2 clinical trial published in eClinicalMedicine and the US National Library of Medicine shows that psilocybin may be effective in treating severe depression. The study, conducted by researchers from Imperial College London, University of California San Francisco, Johns Hopkins School of Medicine, and McGill University, involved 59 participants. Patients were randomly assigned to …

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Report: Hemp-Derived CBD Market Valued at $9.6 Billion, to Grow to $46 Billion by 2034

The global hemp-derived cannabidiol market size was estimated to be $8.28 billion at the end of 2023, growing to nearly $10 billion to end 2024, according to a new report. The report by Research and Markets found that the global CBD market is expected to reach $46.25 billion by 2034 with a compound annual growth …

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University of Illinois Springfield Launches Five Online Cannabis Career Certificate Programs

The University of Illinois Springfield (UIS) has partnered with Green Flower, a leading cannabis education provider, to launch five online certificate programs aimed at preparing individuals for careers in the rapidly expanding marijuana industry. These programs, which span six months, are designed to be completed entirely online, allowing participants to balance their education with other …

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Oklahoma Medical Marijuana Sales Top $715 Million in 2024, Garnering Over $80 Million in Taxes

Oklahoma medical marijuana dispensaries sold over $715 million worth of product in 2024, garnering the state tens of millions in tax revenue. According to date released by the Oklahoma Medical Marijuana Authority (OMMA), the state garnered $24.5 million from a 7% excise tax on medical marijuana sales in the second half of 2024, adding to …

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Study: Kratom Leaf Extract Shows Promise as Antibiotic Alternative in Tilapia Aquaculture

A recent study published in the peer reviewed journal Fish & Shellfish Immunology found that kratom extract “has the potential to be used as a substitute for antibiotics in the management of bacterial infections in Nile tilapia.” The study explored the effects of an ethanolic extract derived from Kratom (Mitragyna speciosa) leaves on Nile tilapia. …

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Minnesota Governor Announces Departure of Office of Cannabis Management Director, Interim Director Appointed

Governor Tim Walz and Lieutenant Governor Peggy Flanagan announced today that Charlene Briner will step down after building the Office of Cannabis Management (OCM) from the ground up. In the announcement, Walz and Flanagan announced that OCM General Counsel Eric Taubel will serve as interim director. “Charlene Briner has gotten Minnesota’s emerging cannabis industry off …

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States With the Cheapest Legal Marijuana Prices to Start 2025: Oregon, Michigan and Massachusetts Top the List

21 states currently have licensed recreational marijuana stores open for business, with Delaware and Minnesota joining the list later this year. In this article, we breakdown which of these states have the cheapest average prices. Among the states with legal marijuana sales, prices can vary widely, shaped by factors such as tax rates, supply, and …

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Washington State Governor Jay Inslee Appoints New Chair for Liquor and Cannabis Board

The Liquor and Cannabis Board (LCB) announced recently that outgoing Governor Jay Inslee has appointed Jim Vollendroff, MPA, as chair of the LCB board. Chair Vollendroff will fulfill former Chair David Postman’s term which concludes in Jan. 2027. Postman vacated the board chair position recently to serve as chief of staff for incoming Attorney General …

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