There was roughly $11 million in legal marijuana and marijuana products sold in Vermont in March. According to the Vermont Department of Taxes, there was $10.98 million in legal marijuana sales in March, bringing the yearly total to $32 million. Marijuana sales brought in $1.54 million in tax revenue for March, and around $4.5 million …
Category: News
Jun 05 2024
These 8 States Are Set to Legalize Marijuana Within the Next 18 Months
Between now and the November 2025 election, multiple states are set to join the 24 that have legalized recreational marijuana. Recently, we published an article on the three states set to legalize marijuana within the next three months. In this article, we’ll broaden the scope and examine the states expected to legalize marijuana within the …
Jun 05 2024
Poll: Just 20% of New Jersey Residents Oppose Legalizing Medical Psilocybin, 16% Have Used Psychedelics
According to new polling released by Stockton University’s William J. Hughes Center for Public Policy, a solid majority of New Jersey residents support legalizing the medical use of psilocybin, the psychoactive compound found in “magic mushrooms”. The poll, with a margin of error of +/- 4.0 percentage points at a 95% confidence level, found that …
Jun 05 2024
Study Finds No Link Between Marijuana Use and Erectile Dysfunction or Altered Hormone Levels
A recent study by Yangtze University and Tongji University in China has found no evidence that marijuana use causes erectile dysfunction (ED) or affects sex hormone levels. Published in the International Journal of Impotence Research and online by the US National Library of Medicine, the study used advanced genetic analysis to investigate these potential links. …
Jun 05 2024
Vice President Kamala Harris Talks Marijuana Reform on Jimmy Kimmel Live, Emphasizes Fighting Opioid Addiction
Vice President Kamala Harris, in an interview on Jimmy Kimmel Live, implied that calling marijuana a gateway drug is antiquated thinking and suggested that resources spent on marijuana prohibition would be better used to combat opioid addiction. During the interview Jimmy Kimmel focused heavily on the Biden and Harris Administration’s recent efforts to reform federal …
Jun 05 2024
Ohio Launches Website for Recreational Marijuana Licensing, Applications Open Friday
The Ohio Department of Cannabis Control (DCC) has posted online instructions for those wanting to apply for a dual license to sell both medical marijuana and recreational marijuana, with the application process officially opening on Friday. “Applications and materials related to the conversion of a current medical marijuana license to a dual-use cannabis license and …
Jun 05 2024
Federal Bill to Aid Marijuana Businesses Receives 124th Bipartisan Sponsor
Federal legislation designed to permit banks to engage with licensed marijuana businesses has now received 124 bipartisan sponsors in the US House of Representatives. The SAFE Banking Act (H.R. 2891) has gained an additional sponsor, Congressmember Bonnie Watson Coleman (D-NJ), who joined the initiative yesterday. This proposed law aims to offer federal protections for banks …
Jun 05 2024
Over 11,000 Comments Submitted on DEA’s Marijuana Rescheduling Plan, Vast Majority Oppose Schedule I Status
In the two weeks since the Drug Enforcement Administration (DEA) filed its plan in the Federal Register to reschedule marijuana, public engagement has surged, resulting in over 11,000 comments submitted. Upon the DEA’s submission of its proposal on May 21, a 60-day public comment period was officially initiated, set to conclude on July 22. In …
Jun 04 2024
US House Votes 290 to 116 to Allow Veterans Affairs Doctors to Issue Medical Marijuana Recommendations
The full US House of Representatives has given approval to an amendment that would allow Department of Veterans Affairs (VA) doctors to recommend medical marijuana. Currently, under the law, VA doctors are prohibited from recommending medical marijuana to their patients, even if those patients reside in states where medical marijuana is legal. However, a provision …
Jun 04 2024
US House: GOP Unveils Spending Bill Allowing D.C. to Open Recreational Marijuana Stores and to Allow Nationwide Marijuana Banking
A Republican-led committee in the United States House of Representatives has released a spending bill that would allow Washington D.C. to open recreational marijuana stores roughly a decade after the district legalized them, while also allowing banks to work with state-legal marijuana businesses. The House Appropriations Financial Services and General Government (FSGG) Subcommittee has released …