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 …
Nov 01 2023
In April the U.S. Sentencing Commission voted in favor of a proposal that updates sentencing guidelines to advise judges to treat past offenses related to marijuana in a more lenient manner. The guidelines are now officially in effect. The commission in April voted unanimously to advise that marijuana possession warrants discretion in regards to sentencing …
Nov 01 2023
The Connecticut Department of Consumer Protection (DCP) announced today that the state will be doubling its purchase limit for recreational marijuana. Connecticut’s recreational marijuana law was passed in July, 2021, with the first marijuana store opening in January of this year. The law allows those 21 and older to possess up to 1.5 ounces of …
Nov 01 2023
The University of Mississippi (“Ole Miss”) has announced a new master’s degree program that has a large focus on medical marijuana. The university has announced that the new two-year online program under the School of Pharmacy will open in fall 2024, reports the Clarion Ledger. The course will cover two subjects; dietary supplements and medical …
Nov 01 2023
Pennsylvania’s House Health Subcommittee on Health Care held a hearing today to discuss the issue of legalizing marijuana. No specific legislation was considered during today’s hearing, but the subcommittee discussed, in detail, the potential implications of legalizing marijuana and the various approaches that could be taken if the state decides to do so. Subcommittee Chair …
Nov 01 2023
According to a new study, access to CBD leads to a reduction in opioid use. “We investigate the impacts of state legalization of products containing cannabidiol (CBD), a non-psychoactive alternative to marijuana, on opioid prescribing rates”, states the abstract of the study, published in the Southern Economic Journal. “Research suggests that legalized medical marijuana may …
