August marked the 20th consecutive month where Oregon’s legal marijuana sales were above $75 million. Data compiled and released by the Oregon Liquor and Cannabis Commission shows that there was $78,565,729 worth of marijuana sold legally in August, a roughly $5 million decrease from the $84 million sold in July. All-time sales are now over …
Category: News
Oct 02 2024
Public Hearing on Marijuana Rescheduling Will Take Place in Two Months on December 2
The public hearing for the Drug Enforcement Administration’s (DEA) proposal to reschedule marijuana from Schedule I, to Schedule III, will take place in exactly two months, on December 2. “This is notice that the Drug Enforcement Administration will hold a hearing with respect to the proposed rescheduling of marijuana into schedule III of the Controlled …
Oct 02 2024
Study Says Nanotechnology Could Revolutionize Marijuana-Based Medicine
A new study published in the journal Recent Advances in Drug Delivery and Formulation suggests that nanotechnology could be key to overcoming the challenges of effectively administering cannabis-based medicines. Conducted by researchers from the University of Michigan and the University at Buffalo, the study explores how nanotechnology could improve the bioavailability, solubility, and targeted delivery …
Oct 02 2024
Illinois Marijuana Company Launches “Doobies for Boobies” Fundraiser to Support Breast Cancer Awareness Month
nuEra, a leading cannabis brand, says it’s “proud to announce the launch of its “Doobies for Boobies” Breast Cancer Awareness (BCA) fundraiser to support Gilda’s Club, a nonprofit organization that provides free programs to support individuals impacted by cancer.” Running from October 1st to 31st, nuEra will donate $1 from every sale of its BCA pre-rolls and …
Oct 02 2024
Next Month Three Texas Cities Will Vote on Marijuana Decriminalization Proposals
On November 5, voters in three Texas cities have the opportunity to join a handful of others that have decriminalized marijuana possession. During the November 2022 election, voters in five cities —San Marcos, Austin, Denton, Fort Hood, and Elgin— approved ordinances to decriminalize marijuana, with support ranging between 60% and 82%. This November, voters in …
Oct 02 2024
New Hampshire Committee to Vote Next Week on Legislation to Legalize Psychedelics for Therapeutic Use
A committee in the New Hampshire House of Representative is expected to vote next week on a bill that would legalize the therapeutic use of certain psychedelics. House Bill 1693, filed in December by State Representative Kevin Verville (R), would require the Department of Health and Human Services to create and administer a new program …
Oct 01 2024
New Mexico Marijuana Sales Top $50 Million in September, Nearly $400 Million So Far in 2024
For the fifth time this years, monthly marijuana sales in New Mexico passed $50 million. There was $50,097,212.57 worth of marijuana and marijuana products sold legally in New Mexico in August, according to the state’s Regulation & Licensing Department. Adult-use sales for August were $38,018,830.10, with medical marijuana sales making up the other $12,078,382.44. There …
Oct 01 2024
NORML Files Notice of Intent to Participate in DEA’s December 2 Hearing on Marijuana Rescheduling
Yesterday, NORML filed a Notice of Appearance and Notice of Intent to Participate in the upcoming DEA hearing on marijuana rescheduling, which will take place on December 2. In its filings, NORML maintained that its “representation of its members and millions of other cannabis consumers, combined with its historical involvement and expertise, makes it uniquely …
Oct 01 2024
Congressional Lawmakers Urge DEA to Finalize Proposal to Reschedule Marijuana to Schedule III
House Judiciary Committee Ranking Member Jerrold Nadler (D-NY) and Energy and Commerce Committee Ranking Member Frank Pallone, Jr. (D-NJ) sent a letter today to the Drug Enforcement Administration (DEA) urging them to move swiftly on implementing their proposed rule to transfer marijuana from schedule I to schedule III of the Controlled Substances Act (CSA). The …
Oct 01 2024
Study: Chronic CBD Treatment May Improve Cardiovascular Health
An important new study published in the Journal of Hypertension reveals that long-term treatment with cannabidiol (CBD) can significantly improve cardiovascular health in an animal model of renovascular hypertension. Conducted by researchers from the Federal University of Paraiba and São Paulo State University in Brazil, the study explores CBD’s potential to lower blood pressure, enhance …