Category: News

Arkansas: $211 Million in Medical Marijuana Sold So Far This Year, $965 Million Since 2019

Medical marijuana patients have legally purchased over $200 million worth of medical marijuana so far in 2023. According to the Arkansas Department of Finance and Administration, there was $211.3 million worth of medical marijuana sold between January 1 and September 30 of this year. During that period there was 44,979 pounds of medical marijuana sold. …

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Study: Marijuana Reduces Anxiety and Prescription Drug Use Among Those With Anxiety and PTSD

According to a new study published in the Journal of Affective Disorders Reports, those with anxiety and/or PTSD who use medical marijuana experience symptom improvements and many reduce their intake of prescription anti-anxiety medications. Titled Anxiety severity and prescription medication utilization in first-time medical marijuana users, the study was conducted by researchers at the Philadelphia …

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Marijuana Companies Join Forces to Sue US Attorney General Over “Unconstitutional” Marijuana Ban

A group of marijuana businesses being represented by a renowned law firm has filed a lawsuit claiming that the federal criminalization “of safe, regulated intrastate cannabis legal in 38 states is unconstitutional—and unfair to small businesses”. A coalition of U.S. cannabis operators and investors working in state-legal medical and adult-use cannabis markets today filed a …

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Survey: 18% of Americans Use Medical Marijuana Now, but 65% Would Use If Guided by a Clinician

According to new survey data released by EO Care, Inc., a strong majority of adults would use medical marijuana if guided by a clinician. According to the survey of 1,027 Americans who were all employed at least part-time and were from states where cannabis is legal for medical and/or recreational use, 18% of respondents say …

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California Group Announces Initiative to Legalize Medical Psychedelics

A nonprofit political group has announced the Psychedelic Wellness and Healing Initiative of 2024, which will soon be filed with California officials in hopes of placing it on the 2024 general election ballot. Earlier this month California Governor Gavin Newsom vetoed a bill that would have legalized the possession, preparation and transportation of up to …

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Marijuana Legalization Association With Decrease in Traffic Fatalities

According to a new study conducted by Quartz Advisors, states that legalized marijuana in 2016 experienced a noticeable decline in traffic fatalities in the years that followed. “In California, Maine, Massachusetts, and Nevada – four states that fully legalized marijuana in 2016 – traffic fatalities declined or remained the same in the three years that …

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Arizona Garnered $660 Million in Marijuana Taxes in First 30 Months of Legal Sales

In the 30 months that recreational marijuana has been legal in Arizona, the state has made well over half a billion dollars in new tax revenue. In total Arizona made $660,668,140 in marijuana taxes between February, 2021 and August, 2023, according to data released by the Arizona Department of Revenue. In fiscal year 2023, ending …

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Massachusetts: Over $150 Million in Legal Marijuana Sold in September, $1.24 Billion Year-to-Date

In Massachusetts there was over $150 million worth of marijuana and marijuana products sold by licensed retail outlets in September. According to the state’s Cannabis Control Commission, those 21 and older purchased $152.8 million worth of marijuana in September. This marks a slight decrease from the record-breaking $158 million sold last month, but it’s more …

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Federal Marijuana Banking Bill in Jeopardy as US House Selects New Speaker

The US House of Representatives have selected Representative Mike Johnson, a Republican from Louisiana, to become the 56th Speaker of the House. This is bad news for federal marijuana reform. In September a federal marijuana banking bill (the SAFER Banking Act – S.2860) passed the Senate Committee on Banking, Housing and Urban Affairs with bipartisan support, …

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Georgia Becomes First State With Medical Marijuana Products Sold At Pharmacies

Georgia has officially become the first state in the US where medical marijuana products can be purchased at independent pharmacies. As of today, three pharmacies in Georgia began selling medical marijuana products; Omega Pharmacy in Omega, Robins Pharmacy in Warner Robins, and Tifton Drug Company in Tifton. All three pharmacies are being supplied by licensed …

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