Category: News

Legal Marijuana Sales in 2024 Surpass $22 Billion Across 20 States, Led by California and Michigan

In 2024, states that allow licensed recreational marijuana sales combined to sell over $20 billion in product. According to an analysis by The Marijuana Herald, which utilized data from state regulatory agencies and the research firm Headset, legal marijuana states sold $23.2 billion in product throughout 2024, with California and Michigan leading in sales. The …

Continue reading

Study: Combining Bixa Orellana and Cannabis Demonstrates Effective Pain Relief

A new study from Universidade Federal do Amapá in Brazil reveals that combining extracts from Bixa orellana (also known as achiote) and cannabis significantly reduces pain in experimental models. The findings, published in the journal Pharmaceuticals, suggest that these formulations could provide a powerful option for managing pain. “The present study aimed to evaluate the …

Continue reading

Study Finds Early Cannabis Use Does Not Increase Risk of Substance Abuse

A new systematic review published in the journal Addictive Behaviors challenges the longstanding claim that cannabis acts as a gateway drug to other substances. Researchers from the University of Montreal, The University of Queensland, and McGill University conducted an extensive analysis of prospective studies to explore the relationship between the age of cannabis use onset …

Continue reading

Colorado Garnered $255 Million in Marijuana Taxes in 2024, Over $2.8 Billion Since 2014

In December, Colorado garnered over $19 million in marijuana tax revenue, bringing 2024’s total to over a quarter billion. According to data released today by the Colorado Department of Revenue, the state made $19,141,932 in taxes from December’s roughly $95 million in sales. This brings the total for 2024 to $255,364,952. The all-time total since …

Continue reading

Study Finds Cannabinoid-Based Supplement Reduces Pain and Improves Life for Dogs With Osteoarthritis

A new study has revealed the potential of a cannabinoid-based dietary supplement, Pain ReliefTM, to significantly alleviate chronic pain and improve the quality of life in dogs suffering from osteoarthritis. Conducted by researchers from Columbia University, the University of Naples Federico II, and the University of Milano, the study was published in the peer-reviewed journal …

Continue reading

Dallas Police Now Prohibited from Arresting for Possession of Four Ounces or Less of Marijuana, Odor No Longer Probable Cause for Searches

Dallas Police Department officers are now under new guidelines regarding marijuana possession enforcement In November, Dallas voters overwhelmingly approved Proposition R, which decriminalizes the possession of up to four ounces of marijuana. Now, Dallas officers are no longer allowed to make arrests or issue citations for marijuana possession up to four ounces, according to a …

Continue reading

Michigan Now Offers the Lowest Marijuana Prices Per Ounce

For years, Oregon has had the cheapest prices for legal marijuana, but Michigan now holds that title. Data released today by the Cannabis Regulatory Agency (CRA) shows that the average cost per ounce of marijuana as of December 31 is $69.20. This is a nearly 30% decrease from just a year ago, when prices were …

Continue reading

New Missouri Bill Would Legalize Psilocybin Therapy for Veterans

State Representative Richard West (R) introduced House Bill 829 in the Missouri legislature today, proposing a pathway for veterans to legally access psilocybin therapy under tightly regulated conditions. The bill, aimed at supporting alternative treatments for mental health challenges, has been referred for further consideration. HB 829 establishes a framework allowing veterans aged 21 and …

Continue reading

Mississippi Lawmaker Files Bill to Decriminalize First-Time Marijuana Possession

State Representative Omeria Scott (D) has introduced House Bill 30, a measure that would decriminalize first-time possession of small amounts of marijuana and synthetic cannabinoids in Mississippi. Filed today and referred to the Judiciary Committee, the bill represents a significant shift in the state’s approach to minor drug offenses. Current Mississippi law states “If thirty …

Continue reading

New York Releases Annual Marijuana Equity Report: Over $1 Billion in Sales, 54% of Licenses Issued to Social Equity Applicants

safe banking act

The New York State Office of Cannabis Management (OCM) has released its annual Chief Equity Officer’s Report, “showcasing the progress and achievements of its Social and Economic Equity (SEE) Team in building a cannabis industry that is not only thriving but also prioritizes equity, inclusion, and economic opportunity.” According to a press release sent today, this …

Continue reading