Mar 25 2024
An advisory committee for national Republicans says marijuana causes “violence, depression and suicide”, and they’re calling on Republican lawmakers to oppose legislation allowing banks to work with state-legal marijuana businesses. The House Republican Policy Committee has released a report declaring their opposition to the SAFE/SAFER Banking Acts, which would allow marijuana banking, as well as …
Mar 25 2024
In the United States there are hundreds of active marijuana strains (there’s over 600 in Massachusetts alone), but these 10 stand out among the crowd in terms of their popularity. There are currently 24 states with legal recreational marijuana, and 38 with legal medical marijuana. The vast majority of these states have thriving legal marijuana …
Mar 25 2024
Legislation establishing a pilot program allowing hospitals to administer psilocybin and MDMA has become law without a signature from the governor. Senate Bill 266, sponsored by Senate Majority Whip Kirk Cullimore (R) and House Speaker Pro Tempore James Dunnigan (R), was approved unanimously through both the House and Senate. Governor Spencer Cox (R) was given …
Mar 25 2024
Legislation allowing the personal possession and home cultivation of marijuana cleared its final parliamentary hurdle on Friday and will officially take effect next week. Members of German Parliament’s upper house and lower chamber have both given approval to legislation legalizing recreational marijuana for residents who are at least a18 years old. The law allows for …
Mar 25 2024
According to new polling commissioned by the American Bankers Association (ABA), a large majority of American adults support passing federal marijuana banking legislation. “The data released today also indicate that by greater than a 3-to-1 margin (63% support vs. 17% oppose) U.S. adults support Congress passing legislation that allows cannabis businesses to access banking services …
Mar 25 2024
February marijuana sales topped sales for January, despite the month being two days shorter. According to the Illinois Department of Financial and Professional Regulation, there was $160 worth of marijuana sold legally in February. This includes dried marijuana flower as well as a variety of marijuana products including concentrates, edibles and topicals. The roughly $160 …
Mar 25 2024
The Global Cannabis Stock Index is currently 24% higher now than it was on January 2. At the time of publication the Global Cannabis Stock Index stands at 9.96. This is a 24% increase over the 8.03 value the market held on January 2, the first business day of the year. The current value is a …
Mar 24 2024
The Drug Enforcement Administration (DEA) is currently conducting a review of marijuana’s Schedule I status. Here’s a timeline of how this review began, what’s happened since, and what comes next. The DEA’s review of marijuana’s scheduling status was prompted by the Department of Health and Human Services (HHS) sending a letter to the agency in …
Mar 24 2024
Legislation to decriminalize the possession and distribution of psilocybin mushrooms has been given approval by a second Senate committee and will soon be considered by the full chamber. Senate Bill 114 has been given approval by the Senate Appropriations Committee, just days after it was passed by the Senate Committee on Health and Welfare. Filed …
Mar 24 2024
Ballot initiatives to legalize recreational marijuana are likely to be considered in two states during this November’s presidential election. 24 different states have legalized recreational marijuana since 2012, with the majority doing so through the initiative process. This November, voters in two more states are set to decide whether or not they want to join …
