Dec 12 2023
In October Georgia became the first state in the US to sell medical marijuana products through licensed pharmacies. The DEA (Drug Enforcement Administration) is now threatening said pharmacies. Under Georgia’s restrictive medical marijuana law, those with a qualifying medical condition who receive a recommendation from a physician are allowed to purchase, possess and use products …
Dec 12 2023
A formulation containing both cannabidiol (CBD) and cannabigerol (CBG) was found to be useful in combatting delayed onset muscle soreness, according to a new study published in the Journal of the International Society of Sports Nutrition. According to the study’s researchers, cannabinoid-containing products are often “marketed to athletes as promoting recovery, in spite of a …
Dec 12 2023
There was just shy of $90 million worth of legal marijuana and marijuana products sold in November in Maryland. According to the Maryland Cannabis Administration, there was exactly $89,670,575 in marijuana sold legally through licensed retail outlets in November, almost identical to the $89,997,762 sold in October. Sales data includes the legal distribution of dried …
Dec 12 2023
For the sixth straight month there was over a quarter of a billion dollars of legal marijuana sold in Michigan. In total there was $260,485,282 worth of legal marijuana and marijuana products sold in November, according to the Michigan Cannabis Regulatory Agency. This is a slight decrease from the $262 million sold in October, but …
Dec 12 2023
Attorneys for Hunter Biden have filed a motion declaring that a law preventing drug users from buying and possessing firearms is unconstitutional. Hunter Biden, the son of President Joe Biden, is facing multiple misdemeanor and felony charges (United States of America V. Robert Hunter Biden), some stemming from his admission that he purchased a gun …
Dec 12 2023
Legal marijuana sales in November set a new monthly record in Connecticut. According to data released by the Connecticut Department of Consumer Protection, there was exactly $25,689,805.72 worth of legal marijuana and marijuana products sold throughout November. This breaks the monthly record of $25.2 million set in September of this year. Of the nearly $25.7 …
Dec 11 2023
The US Department of Health and Human Services (HHS) recently released an over 250-page document explaining their rationale for wanting marijuana rescheduled. Over 150 of these pages were spent discussing marijuana’s potential medical value, a key determinant in whether marijuana should be moved away from schedule I. HHS released the documents last week to …
Dec 11 2023
For the sixth time this year, monthly marijuana tax revenue in Colorado was a little over $22 million. In total the state garnered $22,125,036 in taxes from the legal distribution of marijuana and marijuana products, according to the Colorado Department of Revenue. This is on par with the $22.7 million sold in October and the …
Dec 11 2023
According to a new report, the global market for cannabidiol (CBD) was valued at $7.6 billion in 2023 and is anticipated to reach approximately $36.6 billion by 2033. Over the period from 2024 to 2033, the CBD market is projected to experience a compound annual growth rate (CAGR) of 17.5%. “CBD is renowned for its efficacy in pain alleviation, …
Dec 11 2023
North Carolina Congressmember Chuck Edwards continues to push the “Stop Pot Act” he filed in September, despite it gaining little traction thus far. The Stop Pot Act would withhold federal funding from states and tribes that have legalized recreational marijuana. The measure is cosponsored by Representatives David Rouzer (NC), Gregory Murphy (NC), Pete Sessions (TX) and …
