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 [email protected].
Anthony Martinelli
Author's posts
Oct 22 2023
Bank of America, Mastercard and NRA Are Lobbying in Favor of Federal Marijuana Banking Act
A federal marijuana banking bill, which is sponsored by 32% of the entire US Senate, is now being actively supported by Bank of America, Mastercard and the National Rifle Association (NRA). In September the SAFER Banking Act (S.2860) passed the Senate Committee on Banking, Housing and Urban Affairs with bipartisan support, with Senate Majority Leader …
Oct 22 2023
Global Cannabis Extract Market to Grow from $3.6 Billion to $23 Billion by 2032, US Makes up 77% Market Share
According to a new report conducted by the research firm The Brainy Insights, the global market for cannabis extracts is worth $3.6 billion with expected rapid growth in the coming decade. The global cannabis extract market was valued at $3.6 billion in 2022 and is expected to grow at a compound annual growth rate of …
Oct 20 2023
Canada: August Marijuana Sales Reach CA$464 Million, CA$3.34 Billion Sold Year-to-Date
Licensed marijuana stores in Canada sold CA$464.2 ($339) million worth of marijuana and marijuana products in August, a 4% increase over July’s sales total and a 10% increase compared to June. According to Statistics Canada, total marijuana sales got within $36 million of reaching half a billion dollars for the first time. Year-to-date marijuana sales …
Oct 20 2023
Colorado Marijuana Stores Have 99% Compliance Rate During Checks of Underage Sales
According to Colorado officials, licensed marijuana retail outlets had a 99% success rate during a string of recent underage sales checks. According to the Marijuana Enforcement Division (MED), which is part of the Colorado Department of Revenue, there has been 285 compliance checks for underage sales conducted at marijuana stores so far this year. Marijuana …
Oct 19 2023
Michigan Governor Signs Bill Allowing Marijuana Agreements With Tribes While Exempting Them From Taxes
Legislation allowing Michigan to enter into marijuana agreements with Indian tribes while exempting them from the state’s marijuana excise tax has been signed into law by Governor Gretchen Whitmer. Governor Whitmer signed Senate Bill 180 into law today. The proposal, filed by Senator Roger Hauck, were passed by the House of Representatives 90 to 15 …
Oct 19 2023
Report: Oregon Has Cheapest Medical Marijuana in the US, Followed by Maine and Colorado
According to a new report using data from over 13,000 dispensaries across the United States, Oregon has the cheapest medical marijuana in the country. At an average cost of $6.91 per gram, Oregon’s average medical marijuana prices are half the national average of $13.90. In second in terms of affordability is Maine, with an average …
Oct 19 2023
US Senate: Federal Marijuana Banking Act Receives 32nd Sponsor
A federal marijuana banking bill gained another cosponsor this week in the US Senate. The SAFER Banking Act is now sponsored by 32% of the entire US Senate, with Senator Tammy Baldwin joining as a cosponsor yesterday (the first new sponsor since October 4). Late last month the Senate Committee on Banking, Housing and Urban …
Oct 19 2023
Fifth California City Decriminalizes Psychedelics
With California Governor Gavin Newsom’s recent veto of a bill to legalize psychedelics, the city of Eureka is taking action of their own. The Eureka, California City Council has voted unanimously to pass a resolution to essentially decriminalize the personal possession of certain psychedelics by making it the lowest enforcement priority. This is similar to …
Oct 19 2023
Study: Medical Marijuana Reduces Pain, Depression and Opioid Use Among Older Adults
According to a new study medical cannabis reduces pain, opioid use and depression among those 65 and older. The study, published in the journal Biomedicines, is titled Medical Cannabis Is Not Associated with a Decrease in Activities of Daily Living in Older Adults. It was conducted by researchers at Soroka University Medical Center, Ben-Gurion University …
Oct 18 2023
FBI Data Shows There Was Over 225,000 Marijuana Arrests Nationwide Last Year
According to new data released by the Federal Bureau of Investigation (FBI), marijuana arrests increased slightly last year. Despite recreational marijuana being legalized in 23 states and medical marijuana legalized in over a dozen more, marijuana arrests saw an uptick between 2021 and 2022. According to the FBI, there were 227,108 people arrested for a …
