Nov 07 2023
Revenue from legal marijuana sales in Maine saw a slight drop from September to October, but so did the average price of marijuana. According to Maine’s Office of Cannabis Policy, there was $18,998,932 in legal marijuana purchased in October. This is a decrease from the $20,347,890 sold in September. There were 341,369 different marijuana transactions …
Nov 06 2023
An initiative to drastically reform Missouri’s marijuana laws was approved for circulation by the Missouri secretary of state, with signature gathering currently underway. The Missouri Marijuana Consumption and Regulation Amendment would “remove marijuana from the list of controlled substances and consider it a food.” The proposed law would also “remove all marijuana government oversight and …
Nov 06 2023
An amendment has been filed to a House spending bill that would explicitly protect states that have legalized marijuana. A bipartisan coalition of lawmakers have filed an amendment to the Commerce, Justice, Science, and Related Agencies spending bill, that will soon be considered by the House Rules Committee. The amendment was filed by Representatives Tom …
Nov 06 2023
In October there was $164.9 million in legal marijuana purchased in Illinois. According to the Illinois Department of Financial and Professional Regulation, recreational marijuana sales in October were $138.7 million, slightly less than the $139 million sold in September. Medical marijuana sales on the other hand saw a very small increase to $26.2 million, up …
Nov 04 2023
The SAFER Banking Act is now sponsored by 34% of the entire United States Senate. The SAFER Banking Act (S.2860) gained three new sponsors this week, joining the 31 already cosponsoring the bill. The new sponsors are Senators Alejandro Padilla (D-CA), Bernie Sanders (I-VT) and Brian Schatz (D-HI). The primary sponsor of the legislation is …
Nov 04 2023
A legislative study committee recently held a hearing to discuss the potential of decriminalizing or legalizing marijuana in Indiana, with the meeting lasting nearly seven hours. The Commerce and Economic Development Interim Study Committee, consisting of both senators and state representatives, held the meeting on Wednesday. Although members discussed a variety of potential approaches for …
Nov 03 2023
The Georgia Court of Appeals ruled yesterday that products derived from hemp containing Delta-8 THC and/or Delta-10 THC are not controlled substances and thus can be legally sold in the state. The ruling also applies to all products containing other hemp-derived cannabinoids including CBD (cannabidiol), CBG (cannabigerol) and CBN (cannabinol). The ruling stems from police …
Nov 03 2023
The Florida Supreme Court will hold a hearing Wednesday, November 8 to decide whether or not an initiative to legalize marijuana will be placed on next year’s general election ballot. 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 …
Nov 03 2023
The findings of a study published yesterday “suggest that combinations of the tested doses of caffeine and CBD do not alter subjective drug effects”, and “no negative effects emerged”. The study is being published in the upcoming issue of the journal Experimental and Clinical Psychopharmacology, and it’s been published online ahead of print by the …
Nov 02 2023
Recently filed legislation to legalize marijuana in Wisconsin would result in over $165 million in annual tax revenue by the third year, according to an official fiscal note for the bill. Senate Bill 486 was filed last month with a bipartisan coalition of 36 cosponsors, with a companion fill filed in the state’s Assembly the following …
