New Mexico Governor Michelle Lujan Grisham today signed legislation into law that legalizes the medical use of psilocybin for certain behavioral health conditions. The new law, Senate Bill 219—the Medical Psilocybin Act—was introduced by Senator Jeff Steinborn (D) and passed the House earlier this week in a 56 to 8 vote, after clearing the Senate …
Category: News
Apr 08 2025
Legal Marijuana Market to Triple, Hitting $120 Billion by 2034, New Report Finds
A new report projects the global legal marijuana market will grow from $45 billion in 2024 to $120 billion by 2034, driven by expanding legalization and technological advancements. The report, released today by Exactitude Consultancy, forecasts a compound annual growth rate (CAGR) of 10.4% over the next decade for the legal cannabis market. According to …
Apr 07 2025
University of California San Diego Recruiting for Six Cannabis Studies on Pain, HIV, and Brain Function
The University of California, San Diego (UCSD) is currently recruiting participants for six clinical trials exploring the therapeutic potential of cannabis across various medical conditions. These studies aim to deepen our understanding of cannabis’s effects on pain relief, HIV treatment, neuropathic pain, and complex regional pain syndrome (CRPS). Information on these six studies can be …
Apr 07 2025
Minneota Office of Cannabis Management Announces Approval of Cannabis Rules by Administrative Law Judge
Today, the Minnesota Office of Cannabis Management (OCM) announced that an administrative law judge has approved draft rules governing Minnesota’s adult-use cannabis market. The rules, which the judge approved without changes, will be published in the State Register and go into effect later this month. This milestone sets up the final step in launching Minnesota’s …
Apr 07 2025
Oregon Senate Committee Approves Bill to Allow Marijuana Businesses to Give Samples at Events and to Workers
The Oregon Senate Judiciary Committee today approved Senate Bill 558, a proposal to expand marijuana samples, advancing the proposal to the full Senate for consideration. Introduced in January by State Senator Floyd Prozanski (D), the bill would expand how licensed marijuana businesses can distribute product samples. It would allow marijuana producers, processors, wholesalers, and retailers …
Apr 07 2025
Where All 100 U.S. Senators Stand on Cannabis Law Reform
Here’s where every U.S. senator stands on marijuana-related issues, including legalization, decriminalization, and the SAFER Banking Act, and more. The detailed guide below breaks down where all 100 U.S. senators stand on key cannabis reforms—from recreational and medical legalization to decriminalization, the SAFER Banking Act (to allow marijuana banking nationwide), and federal rescheduling. The senators …
Apr 07 2025
Northern Michigan University to Host Free Cannabis Collaboration Conference on April 22
Northern Michigan University will host the 2025 Great Lakes Cannabis Collaboration Conference on April 22 at the Northern Center in Marquette. The one-day event will bring together educators, researchers, students, industry professionals and policymakers to explore advancements in cannabis education, science and business. Organized by NMU’s Cannabis Programs, the conference is focused on fostering progress …
Apr 07 2025
PharmaCann Opens 51st Cannabis Dispensary in Massachusetts
PharmaCann Inc., one of the nation’s largest privately held, vertically integrated cannabis companies, has opened its third Verilife Massachusetts dispensary, located in Newton. This medical and recreational dispensary is the company’s 51st, which includes both the Verilife and LivWell retail brands. Verilife Newton, found in the Chestnut Hill village of Newton, offers a wide selection of high-quality medical and recreational cannabis …
Apr 07 2025
Avicanna Announces its 5th Medical Symposium on Cannabinoid-based Medicine
Avicanna Inc., a biopharmaceutical company focused on the development, manufacturing, and commercialization of plant-derived cannabinoid-based products, has announced that it will host its 5th medical symposium on Cannabinoid-based Medicine on June 6th, 2025. The Toronto-based Symposium, From Emerging Evidence to Clinical Practice, is open to healthcare practitioners and researchers and will include various speakers covering …
Apr 07 2025
Maine’s Marijuana Sales Topped $19.5 Million in March, With Record-Low Prices
Maine marijuana retailers sold over $19.5 million worth of product in March, with 30,000 more transactions than the previous March. According to data released today by the Maine Office of Cannabis Policy, there were $19,563,451 in recreational marijuana sales last month across 381,788 transactions. The average price per gram of dried marijuana flower dropped to …