Category: News

US House Bill to Decriminalize and Deschedule Marijuana Sponsored by Lawmakers From 26 States

A federal House bill to fully decriminalize marijuana across the United States is sponsored by lawmakers representing the majority of states. The Marijuana Opportunity Reinvestment and Expungement (MORE) Act, first filed by Representative Jerrold Nadler (D) in September, has 80 sponsors. These sponsors represent 26 different states, including states that are typically seen as more …

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Report: Medical Marijuana Market Valued at $14.50 Billion, to Grow to $60 Billion Value by 2030

The global market for medical marijuana was valued at $14.50 billion in 2022 and is expected to more than quadruple by 2030. According to a new report conducted by the research firm SkyQuest, the global market for medical marijuana grew was $11.84 billion in 2021 to $14.50 billion in 2022. It’s anticipated to grow to …

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Wisconsin Republicans Unveil Medical Marijuana Legalization BIll

Wisconsin Republicans have officially unveiled legislation aimed at legalizing the medical use of marijuana. In multiple press conferences held throughout the state today, leading Republican lawmakers revealed their conservative approach to legalizing medical marijuana. The proposed law would allow those with a physician recommendation to possess a variety of marijuana products such as tinctures and …

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WA Bill to Require Cities to Get Voter Approval to Ban Marijuana Stores Scheduled for Public Hearing

Legislation requiring cities to get voter approval before they can place prohibitions on marijuana businesses will receive a public hearing tomorrow in the Washington State Legislature. House Bill 1650 will receive a public hearing at 4:00PM in the House Committee on Regulated Substances & Gaming. The measure was approved through the committee last February by …

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Florida Bill Filed to Allow Medical Marijuana Dispensaries to Take Federal-Equivalent Tax Deductions

Legislation was filed yesterday in Florida to allow medical marijuana dispensaries to take tax deductions equal to what they’d be allowed to take federally if medical marijuana wasn’t a schedule 1 controlled substance. House Bill 1427 would amend the state’s tax code to allow licensed medical marijuana treatment center to take “deductions and credits that …

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Study: CBD May Be a Therapeutic Option for Combatting Nicotine Addiction

A new study has found that the marijuana compound cannabidiol (CBD) may be a potential option for combatting nicotine addiction. The study was published in the Journal of Affective Disorders, and it was conducted by researchers at the University of California Irvine and Virginia Commonwealth University. The study is titled Cannabidiol as a potential cessation …

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Legislation to Legalize Personal Cultivation of Marijuana Filed in Washington State

A bill to legalize personal marijuana cultivation has been filed in the Washington Legislature. Despite being one of the first two states to legalize recreational marijuana, Washington is one of the only legal marijuana states to not allow personal marijuana cultivation. Legislation filed yesterday by State Representative Shelley Kloba would change that. House Bill 2194, …

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Slew of Medical Marijuana Bills Scheduled for Public Hearings in New Hampshire Legislature

Multiple medical marijuana-related bills, including one to double the possession limit and several to grow the list of qualifying medical conditions, have been scheduled for public hearings in the New Hampshire Legislature. New Hampshire first legalized medical marijuana in 2013, with the state’s first dispensary opening in 2016. Now, at least five different bills that …

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Florida Bill Filed to Ban Courts From Denying or Restricting Parental Rights Over Medical Marijuana

Legislation “prohibiting a court from denying or restricting certain parental rights based solely on a parent’s medical marijuana use” was filed yesterday in the Florida Legislature. “A court may not deny or otherwise restrict a parent’s custody of a minor child or the parent’s visitation rights or parenting time with a minor child based solely …

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Rhode Island Lawmakers File Bill to Legalize Possession and Cultivation of Psilocybin Mushrooms

Legislation to legalize the personal possession and cultivation of psilocybin (“magic”) mushrooms has been filed in the Rhode Island Legislature. House Bill 7047 was filed by State Representatives Brandon Potter Brandon Potter along with cosponsors Representatives June Speakman, Joseph McNamara, Scott Slater, Cherie Cruz, Jose Batista, David Bennett, Robert Craven, Enrique Sanchez and Arthur Handy. …

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