Category: News

Montana Legislature Passes Bill to Alter How Marijuana Tax Revenue is Used

A measure to reappropriate some of the revenue generated from marijuana taxes was passed today through its third and final reading in the House of Representatives. Montana’s House of Representatives has passed Senate Bill 442 with a vote of 82 to 17. The vote comes a few weeks after it was passed by the Senate, …

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Texas House Approves Decriminalizing Marijuana and Marijuana Concentrates

A bill to decriminalize marijuana possession and marijuana concentrates has received approval by the Texas House of Representatives. The Texas House has passed House Bill 218 through its second reading. Filed by State Representative Joe Moody, the measure would remove criminal penalties for the possession of up to one ounce of marijuana or marijuana concentrates …

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MN: House-Approved Marijuana Legalization Bill Passed by Committee, Sent to Senate Floor

A day after HF 100 to legalize marijuana was approved by Minnesota’s full House of Representatives 71 to 59, the Senate Finance Committee passed the bill, sending it to the Senate floor. Rather than taking up SF 73, which is the companion bill to HF 100, the Senate Finance Committee voted on and passed the …

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Founder of Keurig Joins Marijuana Company Making Single-Serve and Preloaded Bowls

The founder of Keurig Peter Dragone has joined the executive team of Convenient Cannabis. Convenient Cannabis is a Kentucky-based startup who makes Puffsy pods, which are single-serve glass pods that are preloaded with cannabis and fit most standard bongs and pipes. The company plans to soon launch its first round of funding. Puffsy Pods launched …

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Report: Gobal Recreational Marijuana Market Valued at $20 Billion, to Grow to $123 Billion by 2032

The global market for legal recreational market was valued at $20 billion at the end of 2022, and is expected to quintuple by 2032, according to a new report. The report was conducted by the research firm Brainy Insights, which found that the legal recreational marijuana market is expected to grow from $20 billion in …

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Minnesota Marijuana Legalization Bill Passed by Full House of Representatives

A Minnesota bill to legalize recreational marijuana has been passed by the state’s full House of Representatives by a vote of 71 to 59. The House’s approval of HF 100 comes after the measure was passed through 15 different committees. A companion bill in the Senate (SF 73) has been passed by nearly as many …

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Bipartisan Maine Bill Would Legalize Marijuana Delivery Services, Allow Marijuana Advertisements

Legislation filed last week by Maine Representative David Boyer would legalize marijuana delivery services and would allow marijuana companies to advertise under the same rules as alcohol products. According to the official summary of HP 1079, it “allows adult use cannabis and cannabis product stores, certain cultivators and products manufacturers to operate a delivery service …

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Study: Chronic CBD Use Reduces Blood Pressure in Those With Hypertension

According to a randomized, placebo-controlled study, “chronic administration of CBD reduces ambulatory blood pressure in those with untreated and treated hypertension.” In addition, a “lack of serious AEs (adverse effects) implies safety and tolerability”. The study was conducted by researchers at the University Hospital of Split and the University of Split School of Medicine, both …

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Nevada Assembly Passes Resolution Urging Feds to Deschedule Marijuana

Nevada’s full Assembly has overwhelmingly passed a resolution calling on the federal government to remove marijuana from the list of controlled substances. Nevada Assembly Joint Resolution 8 was passed today by a vote of 37 to 5, sending it to the Senate for consideration. The resolution was filed by State Representative Reuben D’Silva along with …

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Study Finds CBD Prevents Osteoporosis in an Animal Model and Increases Cell Viability and Proliferation

The marijuana compound cannabidiol (CBD) may be useful for those with osteoporosis, according to a new study. The study is being published in the journal Calcified Tissue International, and it was epublished online ahead of print by the National Library of Medicine, with the title Non-psychoactive Cannabidiol Prevents Osteoporosis in an Animal Model and Increases …

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