Oct 24 2023
In two weeks and a day, on November 7, Ohio voters will decide the fate of Issue 2. If approved by voters, Issue 2 would legalize the personal possession of up to two and a half ounces of marijuana, and up to 15 grams of marijuana concentrates. This would apply to those 21 and older, …
Oct 24 2023
In response to a plethora of misinformation surround marijuana being allegedly mixed with fentanyl, New York regulators have released a fact sheet to clarify the situation. The New York Office of Cannabis Management (OCM) has released factsheet titled Cannabis and Fentanyl: Facts and Unknowns. The fact sheet is meant to “address misconceptions about cannabis being …
Oct 24 2023
Proponents of an ordinance to decriminalize marijuana in Lubbock, Texas have submitted well more than the required signatures to put the measure to a vote of the people. “This was a collective effort that could not have been possible without the more than 40 volunteers and the many other citizens that helped us collect these …
Oct 22 2023
A federal marijuana banking bill, which is sponsored by 32% of the entire US Senate, is now being actively supported by Bank of America, Mastercard and the National Rifle Association (NRA). In September the SAFER Banking Act (S.2860) passed the Senate Committee on Banking, Housing and Urban Affairs with bipartisan support, with Senate Majority Leader …
Oct 22 2023
According to a new report conducted by the research firm The Brainy Insights, the global market for cannabis extracts is worth $3.6 billion with expected rapid growth in the coming decade. The global cannabis extract market was valued at $3.6 billion in 2022 and is expected to grow at a compound annual growth rate of …
Oct 20 2023
Licensed marijuana stores in Canada sold CA$464.2 ($339) million worth of marijuana and marijuana products in August, a 4% increase over July’s sales total and a 10% increase compared to June. According to Statistics Canada, total marijuana sales got within $36 million of reaching half a billion dollars for the first time. Year-to-date marijuana sales …
Oct 20 2023
According to Colorado officials, licensed marijuana retail outlets had a 99% success rate during a string of recent underage sales checks. According to the Marijuana Enforcement Division (MED), which is part of the Colorado Department of Revenue, there has been 285 compliance checks for underage sales conducted at marijuana stores so far this year. Marijuana …
Oct 19 2023
Legislation allowing Michigan to enter into marijuana agreements with Indian tribes while exempting them from the state’s marijuana excise tax has been signed into law by Governor Gretchen Whitmer. Governor Whitmer signed Senate Bill 180 into law today. The proposal, filed by Senator Roger Hauck, were passed by the House of Representatives 90 to 15 …
Oct 19 2023
According to a new report using data from over 13,000 dispensaries across the United States, Oregon has the cheapest medical marijuana in the country. At an average cost of $6.91 per gram, Oregon’s average medical marijuana prices are half the national average of $13.90. In second in terms of affordability is Maine, with an average …
Oct 19 2023
A federal marijuana banking bill gained another cosponsor this week in the US Senate. The SAFER Banking Act is now sponsored by 32% of the entire US Senate, with Senator Tammy Baldwin joining as a cosponsor yesterday (the first new sponsor since October 4). Late last month the Senate Committee on Banking, Housing and Urban …
