Category: News

Florida Supreme Court to Hold Hearing on Marijuana Legalization Initiative on November 8

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 …

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Study: Combining CBD and Caffeine Appears Safe and It Does Not Alter the Effects of Each Substance

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 …

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Wisconsin Marijuana Bill Would Garner $166 Million in Annual Tax Revenue, Says Government Analysis

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 …

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US Senate Banking Chair Says He Voted in Favor of Legalizing Marijuana in Ohio

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 …

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DEA Seeks to Over Double Amount of THC Produced in 2024, Double Production of Magic Mushrooms

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) …

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Nevada: $70 Million in Marijuana Sold in August, $10.5 Million in Taxes Garnered

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 …

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Oregon: Almost $80 Million in Legal Marijuana Sold in October, Price Drops to $3.82 a Gram

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 …

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Full US Senate Approves Bill to Allow Medical Marijuana for Veterans

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 …

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New Mexico: In October, $46 Million in Legal Marijuana Sold, Over 1.1 Million Transactions

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 …

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Study: Home Values Are 41% Higher in States with Legal Recreational Cannabis

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 …

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