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 …
Nov 02 2023
US Senator Sherrod Brown (D, Ohio), Chair of the powerful Senate Committee on Banking, Housing, and Urban Affairs, has announced that he has voted in support of Issue 2 to legalize marijuana. “Connie and I just voted early today at the Cuyahoga County Board of Elections”, Brown said in a post on the social media …
Nov 02 2023
Just days after the DEA announced that it’s seeking to drastically increase the amount of THC, ibogaine and magic mushrooms being produced this year for research purposes, the agency has announced that they are also seeking to substantially increase the amount of these products it hopes is manufactured in 2024. “The Drug Enforcement Administration (DEA) …
Nov 02 2023
Nevada marijuana stores sold just shy of $70 million worth of legal marijuana and marijuana products in August. There was exactly $69,503,165 in legal marijuana sold in August, according to the Nevada Department of Taxation. This is around $2 million less than the total sales for July, although tax revenue was actually higher; $10,594,977 compared …
Nov 02 2023
Oregon marijuana sales saw a slight decrease from September to October, but there was still nearly $80 million sold. According to data released by the Oregon Liquor and Cannabis Commission, there was $78,623,246 worth of legal marijuana and marijuana products sold in October. This includes dried flower, concentrates, edibles, topicals and tinctures. The $78.6 million …
Nov 02 2023
The full United States Senate has approved a spending bill that includes an important medical marijuana provision. By a vote of 82 to 15 the Senate has given approval to the Military Construction, Veterans Affairs, and Related Agencies spending bill. Included in the bill is a provision, put forth by Senator Jeff Merkley (D), that …
Nov 01 2023
Although October marijuana sales didn’t top the monthly sales record set in September, they weren’t far off. According to the New Mexico Regulation & Licensing Department, there was $46,682,243 worth of legal marijuana sold throughout October, roughly $1 million short of the record breaking $47.7 million sold in August. In October medical marijuana patients purchased …
Nov 01 2023
According to newly published research, home values in states with recreational cannabis have outpaced home values in other states by $48,983 over the past decade. The study by Real Estate Witch and Leafly found that property values in the 23 states that have legalized recreational marijuana have risen by $185,075 since 2014, compared to $136,092 in states …
