Apr 18 2024
The average price of legal marijuana has remained below $4 per gram for 12 straight months. When legal recreational marijuana sales began in Oregon in October, 2016, the average price per gram was $10.50, while the average price per gram of marijuana concentrates was $40.17. By March, 2023, those prices dropped to $3.92 per gram …
Apr 18 2024
The Minnesota House gave approval today to legislation that would allow legal recreational marijuana sales to begin sooner than initially expected. Legislation to legalize recreational marijuana was signed into law by Governor Tim Walz in May, with marijuana stores expected to open in 2025. Now, the state’s House of Representatives has voted 69 to 62 …
Apr 18 2024
Senate Majority Leader Chuck Schumer said he’s “committed” to including marijuana expungements in a marijuana banking act that’s already cleared a Senate committee with bipartisan support. The SAFER Banking Act in the Senate would allow banks and other financial institutions such as credit unions to legally provide services to marijuana businesses that are following state …
Apr 18 2024
The marijuana compound cannabidiol (CBD) “inhibits epithelial ovarian cancer”, according to the results of a new study. The study is being published in the upcoming issue of the Journal of Natural Products, with the abstract published online ahead of print by the US National Library of Medicine. It was conducted by researchers from Harbin Medical …
Apr 18 2024
Legislation to facilitate marijuana expungements including establishing a federal grant program for states and localities has been filed in the United States Senate. The Harnessing Opportunity by Pursuing Expungement (HOPE) Act was filed today by Senator Jacky Rosen (D-NV). The measure was filed roughly a year after the HOPE Act was filed in the House …
Apr 18 2024
A key committee in the United States Senate has given approval to a resolution calling for the immediate release of several Americans imprisoned in Russia. One of those individuals was Marc Fogel, a teacher from Pennsylvania who was sentenced to 14 years in prison for possessing a little over half an ounce of marijuana that …
Apr 17 2024
Here’s a look at every marijuana-related bill currently alive in the United States Congress. Based on the rules of the US Congress, any marijuana-related bill filed prior to January, 2023 is no longer active, although lawmakers do have the opportunity to refile bills if they so choose. Currently there are 15 active marijuana-related bills, with …
Apr 17 2024
A resolution in the United States Senate calling for the immediate release of several Americans imprisoned in Russia, including one sentenced to 14 years for possessing medical marijuana, has gained its 22nd sponsor, representing nearly a fourth of the entire chamber. Senator Alex Padilla has signed on as a cosponsor to Senate Resolution 629, days …
Apr 17 2024
March marijuana sales in Maryland narrowly missed breaking the monthly record. According to data compiled and released by the Maryland Cannabis Administration, there was $95,956,410 worth of marijuana and marijuana products sold legally in March, narrowly missing the previous monthly record of $96,473,978, set in December. Sales for March were roughly $6 million more than …
Apr 17 2024
A coalition of 20 advocacy groups, calling themselves the Marijuana Justice Coalition, has sent a letter to President Biden and Vice President Harris urging them to support fully descheduling, and not simply rescheduling, marijuana. The letter is signed by a variety of reform groups, including the Center for American Progress, Doctors for Drug Policy Reform, …
