Category: News

Large Majority in Missouri, Wyoming and Ohio Support Federal Legislation to Protect State Marijuana Laws

According to a new poll covering three different states, a large majority are in support of the federal government passing legislation that would protect states that legalize marijuana. Commissioned by the Coalition for Cannabis Policy, Education, and Regulation (CPEAR), the poll covers Missouri, Wyoming and Ohio. Of these three states, only Wyoming has not legalized …

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Connecticut Judiciary Committee Approves Bill to Decriminalize Psilocybin

A joint legislative committee in Connecticut has voted to pass legislation to decriminalize the personal possession of psilocybin mushrooms. Today Connecticut’s Joint Committee on Judiciary voted overwhelming to approve House Bill 5297. The measure would make it so that any person “who possesses or has under such person’s control less than one-half ounce of psilocybin …

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U.S. Legal Cannabis Sales to Top $31 Billion in 2024

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According to a new report, the 2024 forecast for legal adult-use and medical sales will top $31.4 billion, an increase of $2.6 billion from 2023. Conducted by Whitney Economics, a global leader in cannabis and hemp business consulting, data, and economic research, the report finds that the legal marijuana industry will see a compound annual growth …

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Delaware Bill Introduced to Protect Entities Serving the Legal Marijuana Industry, Supported by State Treasurer

Legislation has been introduced in the Delaware General Assembly aiming to protect banks and other businesses that provide financial services to marijuana cultivators, distributors, and retailers who operate within Delaware’s legal cannabis marketplace. House Bill 355, sponsored by Representative Ed Osienski and Senator Trey Paradee, and in partnership with State Treasurer Colleen Davis, clarifies that …

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US Census Data Shows Legal Marijuana States Made $710 Million in Tax Revenue in Q4, 2023

In the final quarter of 2023, legal marijuana states combined to make over $700 million in marijuana tax revenue, according to government data. Data released by the US Census Bureau shows that among the states that currently allow it, licensed marijuana sales garnered $710 million in tax revenue during the final quarter of 2023, cover …

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Federal Legislation to Protect State Marijuana Laws Gains 10th Bipartisan Sponsor in US House

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A proposal in the House of Representatives to protect state marijuana laws has garnered its 10 legislative sponsor. Congressmember Bonnie Watson Coleman (D-NJ) has officially signed on as a cosponsor to the STATES (Strengthening the Tenth Amendment Through Entrusting States) Act 2.0, bringing the total to 10. The measure was filed in December by Representative …

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House Republican Policy Committee Says Marijuana is “Dangerous” and Causes “Violence, Depression and Suicide”

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 …

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The 10 Most Popular Marijuana Strains Across the United States

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 …

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Utah Governor Lets Bill Allowing Hospitals to Administer Psilocybin and MDMA to Become Law

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 …

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Those 18+ in Germany Can Legally Possess and Grow Marijuana Starting April 1

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 …

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