Apr 12 2024
There was $288.8 million in marijuana sold legally in Michigan in March, beating the previous monthly record by over $8 million. In total there was $288,843,279.77 worth of legal marijuana sold in March, according to data released by the Michigan Cannabis Regulatory Agency. This marks a drastic $27 million increase from February and a $46 …
Apr 11 2024
Missouri legislation to allow those with certain medical conditions to legally possess and use psilocybin, the psychedelic compound found in “magic mushrooms”, has been given approval by a key House committee. Today the Missouri House Veterans Committee voted unanimously to pass House Bill 1830, a measure to allow the medical use of psilocybin if certain …
Apr 11 2024
According to the results of a new poll, a strong majority of those 21 and older in the United States believe adults should be allowed to grow marijuana for personal use. The survey, conducted by The Harris Poll, included 2,024 participants all aged 21 and older who were polled between February 15 and 20. A …
Apr 11 2024
A trio of top Democrats in the US Senate, including Majority Leader Chuck Schumer, is seeking cosponsors for a marijuana legalization bill they plan to introduce on 4/20. Although the measure is unlikely to pass the US Congress this year, it may have a shot in 2025. “Leader Schumer, Chair Wyden, and Senator Booker invite …
Apr 11 2024
According to the results of a newly released study, patients suffering from chronic health conditions report improvements in their mental health following the enactment of laws granting access to medical marijuana. The study was conducted by researchers at the University of Cambridge in the UK and the University of Basel in Switzerland, and it was …
Apr 11 2024
New Hampshire’s full House of Representatives gave approval today to legislation that would make their state the 25th to legalize recreational marijuana. By a vote of 239 to 136, the House voted to send House Bill 1633 to the Senate. The measure, filed by State Representative Erica Layon (R), was approved by the House seven …
Apr 11 2024
During a committee hearing today in the United States House of Representatives, Food and Drug Administration (FDA) Commissioner Robert Califf said “there’s no reason for the DEA to delay” a decision regarding marijuana’s scheduling status. During a hearing today of the House Oversight and Accountability Committee, Congressmember Nancy Mace (R-SC) asked Commissioner Califf; “I understand …
Apr 11 2024
Bicameral and bipartisan legislation to allow marijuana banking is now sponsored by lawmakers from 39 states. The SAFE Banking Act in the House (filed last April) and SAFER Banking Act in the Senate (filed in September) would both allow banks and other financial institutions to provide banking services to marijuana businesses that are legal under …
Apr 10 2024
Licensed marijuana stores in Maine sold over $19 million worth of product in March. The Maine Office of Cannabis Policy has released updated marijuana sales data showing that there was $19,144,646 worth of marijuana and marijuana products sold legally in March, a modest increase over the $18,014,488 sold in February and an increase of roughly …
Apr 10 2024
According to a new report, the number of full-time jobs in the legal marijuana industry has risen above 440,000 in the United States, despite recreational marijuana remaining illegal in the majority of states. According to the report commissioned by Vangst and conducted by the analytics firm Whitney Economics, there was an increase of 22,952 marijuana-related …
