Category: News

Rhode Island: $8.7 Million in Legal Marijuana Sold in March, $23.5 Million So Far in 2023

In March there was $8.7 million in legal marijuana and marijuana products sold in Rhode Island, according to data released by the state’s Department of Business Regulations. In March there was $5,381,556.56 in recreational marijuana sold at licensed retail outlets. This is in addition to the $3,359,873.02 in medical marijuana sold during the same period. …

Continue reading

Minnesota Senate Taxes Committee Passes Marijuana Legalization Bill

Minnesota’s Senate Taxes Committee has advanced a measure that will make marijuana legal for all uses, with just one more committee vote needed before it can reach the Senate floor. Passage of SF 73 through the Taxes Committee comes the same day as the House Ways and Means Committee passed companion bill HB 100, the …

Continue reading

Bipartisan Federal Bill Introduced to Provide Tax Relief for Legal Marijuana Businesses

Members of the US House of Representatives have introduced the Small Business Tax Equity Act, meant to level the playing field for legal cannabis businesses by normalizing their federal taxes. The Small Business Tax Equity Act provides an exemption for state-licensed cannabis businesses from federal tax code 280E. That particular code explicitly prevents anyone involved …

Continue reading

North Carolina Legislation Filed to Legalize Recreational Marijuana

Legislation to legalize recreational marijuana was filed today in the North Carolina House of Representatives. House Bill 626 was filed by State Representative Johnnie Autry along with three cosponsors – Representatives Kelly Alexander, Mary Harrison and Zack Forde-Hawkins. The law would allow those 21 and older to possess up to two ounces of marijuana flower, …

Continue reading

Minnesota Marijuana Legalization Bill Passed by 15th House Committee, Sent to Full House

Minnesota legislation to legalize recreational marijuana is finally heading to the House floor after being approved by its 15th committee. Today the House Ways and Means Committee approved House Bill 100 on a voice vote, making it the 15th House committee to do so. This finally sends it to the House floor, where it is …

Continue reading

Australia: 37% Have Tried Marijuana, Legalizing It Would Save $1.2 Billion Annually

If Australia were to legalize marijuana they would save $1.2 billion each year, which doesn’t account for the potential billions that could be made in new taxes. This is according to the Cannabis in Australia report by Penington Institute. The report also found that more than a third of Australians aged over 14 have used …

Continue reading

Maine Marijuana Prices Down Nearly 50% Since 2020

The cost of legal marijuana has seen a substantial drop since the start of legal sales in 2020. According to data compiled and released by the Maine Office of Cannabis Policy, the average price of marijuana throughout the state as of the end of March was $8.04. This marks a 49% decrease from the average …

Continue reading

Colorado House Approves Measure to Allow Online Marijuana Sales and Deliveries

Colorado legislation to allow marijuana stores to sell marijuana and marijuana products online, while also allowing them to deliver it, has been passed by the state’s House of Representatives. According to the official summary of House Bill 1279, “Current law prohibits a licensed retail marijuana store from selling retail marijuana or retail marijuana products over …

Continue reading

Report Finds Portland, Oregon is America’s Best City for Marijuana, Followed by Denver and Buffalo

According to a new report Portland, Oregon is America’s most cannabis-friendly city, followed by Denver, Colorado and Buffalo, New York. The report, conducted by Real Estate Witch (an online publication from Clever Real Estate) and Leafly, analyzed various criteria including the legality of marijuana, dispensary data, marijuana prices, and more in order to determine the …

Continue reading

Washington State Magic Mushrooms Bill Sent to Governor

Psilocybin ("magic") mushrooms.

Legislation to establish a psilocybin taskforce and pilot program has officially been sent to Washington State Governor Jay Inslee. Washington’s House of Representatives voted earlier this week to pass Senate Bill 5263, with it having already passed the Senate. However, amendments made in the House created a need for the Senate to give the measure …

Continue reading