Published in PLoS Medicine, a new clinical trial report that combining psilocybin-assisted psychotherapy with mindfulness-based stress reduction (MBSR) eased depression and burnout symptoms among physicians and nurses working during the COVID-19 pandemic. The randomized controlled trial, conducted by researchers at the University of California and University of Utah, enrolled 25 healthcare workers with signs of …
Category: News
Latest cannabis news covering legalization, legislation, court rulings, business developments, research, sales data, regulatory updates and policy changes across the U.S.
Study: Psilocybin Therapy Shows Promise for Treating Methamphetamine Use Disorder
Researchers from St Vincent’s Hospital, the University of New South Wales, Monash University, and other leading Australian institutions have published findings in the journal Addiction showing that psilocybin-assisted psychotherapy may be a safe and effective option for people struggling with methamphetamine use disorder. The pilot study was conducted at St Vincent’s Hospital in Sydney with …
Florida Medical Cannabis Sales Hit $139 Million in September, Year-to-Date Tops $1.28 Billion
Florida’s medical marijuana market generated $139 million in sales during September, according to new data from Headset. That marks a roughly 10% increase from the $127 million sold in September 2024. So far this year, sales have surpassed $1.28 billion, putting Florida on pace for another record-breaking year in its medical-only market. While September’s total …
Massachusetts Legal Marijuana Market Surpasses $10 Billion in Sales, Nearly $1.5 Billion in Taxes
Massachusetts’ legal marijuana industry has officially surpassed $10 billion in total sales since launching in 2018. Marijuana sales in the state reached nearly $140 million in September, according to the research firm Headset, pushing the all-time total above $10.04 billion since sales began. Around $8.5 billion of the total came from recreational sales. The milestone …
Global Marijuana Market Projected to Grow From $39 Billion in 2024 to $151 Billion in 2033
The worldwide marijuana industry is forecast to climb from $39.1 billion in 2024 to more than $151 billion by 2033, according to a new report by Research and Markets. That represents an annual growth rate of over 16%, driven largely by expanding legalization, medical adoption, and shifting consumer preferences.
Wisconsin Republicans File Bill to Ban Hemp-Derived THC Products
A group of 14 Republican lawmakers introduced Assembly Bill 503 today, which would make significant changes to Wisconsin’s definition of hemp under the state’s Controlled Substances Act. While current law exempts hemp from the definition of tetrahydrocannabinol (THC) if it contains no more than 0.3% delta-9 THC on a dry weight basis, AB 503 broadens …
Tilray Brands Posts $210 Million in Quarterly Revenue, Returns to Profitability
Tilray Brands has reported record first quarter fiscal 2026 results, achieving $210 million in net revenue and posting net income of $1.5 million. The company says the performance underscores its focus on profitability and operational efficiency, with adjusted EBITDA climbing 9% year-over-year to $10.2 million. Cash flow from operations also improved significantly, narrowing to a …
Study Finds Cannabis Use Associated With Lower Odds of Common Sinonasal Diseases
A study published this week finds that cannabis users may face reduced risks of developing certain sinonasal conditions, including chronic rhinosinusitis (CRS), allergic rhinitis (AR), and chronic rhinitis (CR). Researchers from Louisiana State University, Texas A&M School of Medicine, the University of Houston, and Houston Methodist Hospital conducted the study, published in Laryngoscope Investigative Otolaryngology. …
U.S. Senate Committee Advances Nomination of Sara Carter, Who Supports Legalizing Medical Cannabis, as White House Drug Czar
President Trump’s nominee for White House Drug Czar has cleared a key hurdle, with the Senate Judiciary Committee voting to advance her nomination to the full Senate for consideration. Sara Carter, Trump’s pick to lead the White House Office of National Drug Control Policy (ONDCP), received committee approval today.=. The move sets up a final …
Massachusetts House Advances Bill to Protect Workers From Marijuana Discrimination
Massachusetts legislation that would prohibit employment discrimination against workers who legally use marijuana has been given approval by the full House, with a third and final reading expected soon. The full House of Representatives approved House Bill 159 on its second reading today, advancing it toward a third and final reading that is expected soon. …
