Tilray Brands, Inc., a global marijuana company, has closed a deal to acquire eight beer and beverage brands from Anheuser-Busch, roughly two months after entering into a definitive agreement. Tilray has acquired Shock Top, Breckenridge Brewery, Blue Point Brewing Company, 10 Barrel Brewing Company, Redhook Brewery, Widmer Brothers Brewing, Square Mile Cider Company, and HiBall …
Category: News
Oct 03 2023
Portland, Maine City Council Passes Ordinance to Decriminalize Psychedelics
By a vote of 6 to 3 the Portland, Maine City Council has voted to decriminalize the personal possessions of psychedelic plants and fungi. The council of Maine’s most populated city voted 6–3 in favor of the resolution, which would apply to the possession of DMT, mescaline, psilocybin/psilocyn (magic mushrooms) and ibogaine. “[The] use of …
Oct 03 2023
Maryland: Over $90 Million Worth of Legal Marijuana Purchased in September
In the third month of legal recreational marijuana sales (September), Maryland marijuana stores sold just over $90 million worth of marijuana and marijuana products. In total there was $90,775,416 in marijuana purchased in September, a slight decrease from the $91.7 million sold in August but an increase over the $87.4 million sold in July. $36,516,313 …
Oct 03 2023
Federal Marijuana Banking Act Now Sponsored by Over 25% of the Entire US Senate
A bill to allow banks and other financial institutes to work with marijuana businesses now has 26 sponsors, over a quarter of the entire US Senate. Last week the Senate Committee on Banking, Housing and Urban Affairs passed the SAFER Banking Act (S.2860), with Senate Majority Leader Chuck Schumer vowing soon after to put it …
Oct 03 2023
Florida Supreme Court Schedules Hearing on Marijuana Legalization Initiative
The Florida Supreme Court has scheduled a hearing to decide whether or not an initiative to legalize marijuana will be put to a vote next year. In June the Florida Division of Elections confirmed that the Smart & Safe Florida campaign submitted 967,528 validated signatures on their marijuana legalization initiative, well more than the 891,523 …
Oct 02 2023
D.C. Council Approves Bill to Allow 1-Year Medical Marijuana Cards for Non-Residents, Allow Patients to Submit Products for Testing
The Washington D.C. Council has given approval to an ordinance that would make several changes to the district’s medical marijuana law. Bill 25-0368, the Medical Cannabis Clarification and Non-Resident Patient Access Temporary Amendment Act of 2023, has been passed by the council and sent to Mayor Muriel Bowser for consideration. The mayor has until October …
Oct 02 2023
Texas Court Upholds Ruling Allowing Delta-8 THC Sales
Texas’ 3rd Court of Appeals has ruled to uphold an injunction that stopped a ban on the legal distribution of products containing delta-8 THC. Going forward the ruling allows businesses that sell delta-8 THC to do so without fear of legal repercussions. The ruling was based on a lawsuit brought forth by Austin-based Homestown Hero …
Oct 02 2023
Study: CBD is Safe for Treating Canine Osteoarthritis, May Reduce Pain
The marijuana compound cannabidiol (CBD) “is considered safe for treating canine osteoarthritis”, according to new research published by the journal Frontiers in Veterinary Science. The study was conducted by researchers at the Department of Veterinary Surgery and the Department of Social and Administrative Pharmacy at Chulalongkorn University in Thailand, and its full text can be …
Oct 02 2023
56% of NFL Teams Are Located in States With Legal Recreational Marijuana
The majority of teams in the National Football League (NFL) are located in states where recreational marijuana has been legalized. Currently 18 of the league’s 32 teams are in legal marijuana state. This number could grow to 20 next month, as an initiative to legalize marijuana is being considered during the November 7 election in …
Oct 02 2023
Ohio Voters Could Legalize Marijuana Next Month, Polling Shows it’s Likely to Happen
Next month Ohio voters could legalize recreational marijuana via a citizens initiative. On November 7, Ohio voters will decide the fate of Issue 2, an initiative that would make Ohio the 24th state to legalize marijuana for all uses. Although anything can happen and proponents of the measure argue that nothing can be taken for …