Dec 11 2023
The US Department of Health and Human Services (HHS) recently released an over 250-page document explaining their rationale for wanting marijuana rescheduled. Over 150 of these pages were spent discussing marijuana’s potential medical value, a key determinant in whether marijuana should be moved away from schedule I. HHS released the documents last week to …
Dec 11 2023
For the sixth time this year, monthly marijuana tax revenue in Colorado was a little over $22 million. In total the state garnered $22,125,036 in taxes from the legal distribution of marijuana and marijuana products, according to the Colorado Department of Revenue. This is on par with the $22.7 million sold in October and the …
Dec 11 2023
According to a new report, the global market for cannabidiol (CBD) was valued at $7.6 billion in 2023 and is anticipated to reach approximately $36.6 billion by 2033. Over the period from 2024 to 2033, the CBD market is projected to experience a compound annual growth rate (CAGR) of 17.5%. “CBD is renowned for its efficacy in pain alleviation, …
Dec 11 2023
North Carolina Congressmember Chuck Edwards continues to push the “Stop Pot Act” he filed in September, despite it gaining little traction thus far. The Stop Pot Act would withhold federal funding from states and tribes that have legalized recreational marijuana. The measure is cosponsored by Representatives David Rouzer (NC), Gregory Murphy (NC), Pete Sessions (TX) and …
Dec 11 2023
New Jersey’s Cannabis Regulatory Commission (CRM) has announced that they have drastically decreased the cost of enrolling in the state’s medical marijuana program. The CRM has announced that the cost to enroll in the medical marijuana program for a two-year period, and the cost to renew enrollment, has dropped from the previous price of $50, …
Dec 11 2023
High Times has announced the winners of the High Times Cannabis Cup New Mexico: People’s Choice Edition 2023, “representing the best cannabis the state has to offer.” This year, the High Times Cannabis Cup New Mexico: People’s Choice Edition 2023 aired live and in-person at the Rio Rancho Events Center in Rio Rancho, near Albuquerque …
Dec 11 2023
A bipartisan pair of lawmakers in Pennsylvania have announced that they will soon be refiling legislation that would decriminalize the personal possession of marijuana. Under the proposed law, introduced by Senators Sharif Street (D) and Camera Bartolotta (R), the personal possession of marijuana would become, at most, a $25 fine. Consuming marijuana in public would …
Dec 10 2023
The cannabis compound cannabichromene (CBD) “has potential anti-inflammatory effects and may be useful for preventing or treating inflammation”, according to a new study published in the journal Plants. CBC is a widely unknown non-psychoactive cannabinoid found in marijuana. The compound has “recently been shown to possess several medicinal properties”, notes the abstract of the study. …
Dec 08 2023
According to a new study, cannabidiol (CBD) “promotes cardiomyocyte proliferation and heart regeneration” following heart attacks. Titled Cannabidiol represses miR-143 to promote cardiomyocyte proliferation and heart regeneration after myocardial infarction, the study is being publishing in the upcoming issue of the European Journal of Pharmacology, and it was published online ahead of print by the …
Dec 08 2023
Although marijuana sales dropped between October and November, so did marijuana prices. There was $17,635,649 worth of legal marijuana purchased in November, spread out among 315,978 different transactions. This is according to new data released by Maine’s Office of Cannabis Policy. Although sales were down slightly from the $18.9 million sold in October, the average …
