Category: News

Study Finds Cannabis Associated With Weight Loss and Lower BMI, May Be Useful in Obesity Treatment

According to a meta-analysis of clinical trials, those who consume cannabis or cannabis products often experience weight loss and reduced BMIs, indicating that they may be useful in treating obesity. The study was published in the recent issue of the International Journal of Obesity, with its abstract published online ahead of print by the National …

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“Stop Pot Act” to Withhold Funds from Legal Marijuana States “Has No Chance”, Says Democratic House Leader

House Minority Leader Hakeem Jeffries (D) says a Republican-led bill to punish states that legalize marijuana “has no chance” of being passed into law. The Stop Pot Act was filed in September in the House of Representatives by North Carolina Representative Chuck Edwards, and it now has five sponsors, all Republican. The proposal would withhold …

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US Supreme Court Considers Whether Hemp Legalization Impacts Mandatory Minimum Gun Charges

The United States Supreme Court on Monday heard oral arguments in a case where the defendant is arguing that the legalization of hemp nationwide means that he should not face a mandatory minimum sentence for a gun possession charge due to his past marijuana convictions. In the case, Brown v. U.S., the defendant was charged …

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California Garnered $270 Million in Marijuana Taxes in Q3, 2023, From Over $1 Billion in Sales

California made over a quarter of a billion dollars in marijuana taxes in the third quarter of this year. According to the California Department of Tax and Fee Administration, California garnered $269.3 million in taxes from the legal distribution of marijuana in the third quarter, which covers July, August and September. During that period there …

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New Jersey Governor is “Very Much” Open to Legalizing Personal Marijuana Cultivation

New Jersey is one of just two legal marijuana states that do not allow marijuana to be cultivated for personal use, but Governor Phil Murphy (D) is open to changing that. In a recent interview with local outlet New 12 New Jersey, Governor Murphy was asked about legalizing personal marijuana cultivation and he said “I’m …

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Ohio Legislation Filed to Redirect Marijuana Tax Revenue, Allow Cities to Ban Marijuana Use and Cultivation

Legislation has been filed in the Ohio Legislature to significantly redirect tax revenue that will be garnered from the state’s recently approved marijuana legalization law, while allowing cities to place bans on marijuana use and cultivation. Filed by State Representative Gary Click, House Bill 341 would make multiple adjustments to how marijuana tax revenue will …

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US Senate Just One or Two Votes Short of Passing Marijuana Banking Bill (SAFER Banking Act)

The SAFER Banking Act appears to be just “one or two votes” short of having enough votes to pass the full United States Senate. Congressional staffers for two senators who are sponsoring the SAFER Banking Act both say that the Senate needs just one or two more Republicans to support the measure for it to …

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Montana: $28 Million in Legal Marijuana Purchased in September, Year-to-Date Sales Near a Quarter Billion

There was slightly over $28 million in legal marijuana sold in September in Montana. According to the Montana Cannabis Control Division, there was $28,159,456 in marijuana and marijuana products sold legally in September, a modest decrease over the record-breaking $28,697,312 sold in August. This marks the third straight month where marijuana sales have surpassed $28 …

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North America Cannabis Market Valued at $30 Billion, Estimated to Reach $54 Billion Value by 2029

According to a new report the North America cannabis market showcased growth at a compound annual growth rate (CAGR) of 10.20% during 2019 to 2022, and that growth is expected to continue in the coming years. The report conducted by Research and Markets found that by the end of 2022, the legal marijuana market in …

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New Hampshire Commission Fails to Reach Consensus on Marijuana Legalization Policy

A commission established by New Hampshire lawmakers has failed to come to an agreement on if and how the state should go about legalizing recreational marijuana. In August Governor Sununu signed into law legislation creating a commission designed to prepare the state for the legalization of marijuana and give recommendations on how lawmakers can most …

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