Category: News

Colorado Senate and Two House Committees Pass Psychedelics Bill

Colorado’s full Senate and two House committees have passed a bill to create a regulatory framework for legal psychedelics including psylocibin (magic mushrooms), ibogaine and DMT. Earlier this week The Colorado Senate voted 25 to 10 to pass Senate Bill 23-290, sending it to the House. On Thursday the measure was passed through the House …

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Missouri to Issue Dozens of Licenses for Marijuana Microbusinesses in October

The Missouri Department of Health and Senior Services (DHSS) has announced their licensing plans for marijuana microbusinesses. When voters approved Amendment 3 in November, 2022, they tasked the DHSS with creating a lottery process for granting a limited number of new small business licenses called “microbusinesses.” Microbusinesses are marijuana facility licenses issued only to eligible …

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California Committees Vote to Establish Marijuana Catering License

California legislation that “would add acting as a cannabis caterer for a private event to the definition of commercial cannabis activity” has been passed by two Assembly committees. Filed by Assemblymember Ash Kalra, Assembly Bill 471 was passed late last month by the Committee on Business and Professions Committee by a vote of 14 to …

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North Carolina Legislation to Decriminalize Marijuana and Hash Passed Through First Reading in Senate

North Carolina Senate Bill 705 would decriminalize the possession of up to 1.5 ounces of marijuana and allow for automatic expungements. Filed by Senator Mujtaba Mohammed along with four cosponsors, the measure – titled the Equity in Justice Act of 2023 – has been passed through its first reading and assigned to the Senate Rules …

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Marijuana Decriminalization Bill Passed Through Final Reading in Texas House, Sent to Senate

Yesterday a Texas measure to decriminalize the possession of marijuana and marijuana concentrates was passed by the House of Representatives through its second reading. Today, the House passed the bill through its third and final reading, officially sending it to the Senate. The final vote on House Bill 218 was 87 to 59. This sends …

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New Mexico Breaks Monthly Record With $47 Million in Legal Marijuana Sold in March

There was more legal marijuana sold in New Mexico in March than in any month prior according to data released by the New Mexico Regulation & Licensing Department. In March New Mexico consumers purchased $47,759,256 in legal marijuana and marijuana products. $32,359,270 of this was from recreational marijuana sales, with the remaining $15,399,985 coming from …

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Study of 183 Million People Finds Marijuana Does Not Increase Stroke or Heart Attack Risk

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According to a new meta-analysis of over 183 million people the risk of adverse cardiovascular events including myocardial infraction (heart attack) and stroke “does not exhibit a significant increase with cannabis exposure”. The study was published by the journal Toxicology Reports, and is titled Cannabis and Adverse Cardiovascular Events: A Systematic Review and Meta-analysis of …

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Colorado Governor Announces Statewide Cannabis Loan Program

On Monday Colorado Governor Jared Polis and the Cannabis Business Office (CBO) announced the Cannabis Business Loan Program for social equity licensed cannabis businesses in Colorado. The CBO (a department within the Colorado Office of Economic Development & International Trade), has partnered with mission-based lender NuProject to provide financing that is not otherwise available to …

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Georgia’s First Medical Marijuana Dispensaries to Open Within Days

The regulatory body overseeing Georgia’s medical marijuana program has issued five licenses to medical marijuana dispensaries, allowing them to open within days. Georgia officials today issued licenses for marijuana dispensaries in Macon, Marietta, Pooler and Savannah. “It’s an understatement to say that significant progress has been made in getting safe and secure medication to certified …

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Montana Legislature Passes Bill to Alter How Marijuana Tax Revenue is Used

A measure to reappropriate some of the revenue generated from marijuana taxes was passed today through its third and final reading in the House of Representatives. Montana’s House of Representatives has passed Senate Bill 442 with a vote of 82 to 17. The vote comes a few weeks after it was passed by the Senate, …

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