The Washington State Auditor has issued a performance audit evaluating the effectiveness of Washington’s oversight of its cannabis industry. Released under the title “Evaluating Washington State Oversight of the Cannabis Industry,” the report outlines critical shortcomings in the state’s cannabis tracking system—a cornerstone promised to voters in 2012 with the passage of the recreational cannabis …
Category: News
Oct 25 2024
Analysis: Legal Marijuana States Generated Nearly $2 Billion in Revenue in September, $350 Million in Taxes
In September, legal marijuana states collectively generated $1.877 billion in sales, resulting in over a quarter of a billion dollars in tax revenue. September’s total, based on an analysis by The Marijuana Herald, are slightly lower than August’s record $1.955 billion, but demonstrated market strength and consistency. The market’s monthly revenue is likely to increase …
Oct 25 2024
Massachusetts Initiative Campaign to Legalize Psychedelics Has Raised Over $7.5 Million
Massachusetts for Mental Health Options (MMHO), the group sponsoring Question 4, has raised over $7.5 million. Question 4 would legalize the possession and personal cultivation of up to one gram of DMT, 18 grams of non-peyote mescaline, 30 grams of Ibogaine, one gram of psilocybin, and one gram of psilocin. Possessing up to twice this …
Oct 25 2024
$117 Million in Legal Marijuana Sold in Missouri in September, All-Time Sales Pass $3 Billion
All-time legal marijuana sales have surpassed $3 billion in Missouri, once September’s totals are added. According to the Missouri Department of Health and Senior Services, there was a $117.43 million worth of legal marijuana and marijuana products (concentrates, edibles, tinctures, etc.) sold in September, a slight decrease from the $126 million sold in August. $103.35 …
Oct 25 2024
Maine Expands Marijuana Recall After Lab Testing Issues
Maine’s Office of Cannabis Policy (OCP) has widened a recall on recreational marijuana products from Nova Farms due to possible contamination with bacteria, yeast, and mold. Initially issued on October 11, the recall targeted “Frosted Cookies” products sold between September 17 and October 8. Expanded on October 19, the recall now covers products sold by …
Oct 25 2024
Florida Marijuana Legalization Campaign Raises Over $120 Million
Smart & Safe Florida, the nonprofit political committee sponsoring the marijuana legalization initiative Amendment 3, has raised over $120 million. According to the Florida Division of Elections, Smart & Safe Florida has raised $121,717,339.03 in support of Amendment 3, as of October 21. The most recent donation was on October 18, with Trulieve giving another …
Oct 25 2024
Study: CBD and THC Oils Show Antitumor Effects in Canine Prostate Cancer Cells
Researchers at São Paulo State University have demonstrated that cannabis extracts containing cannabidiol (CBD) and tetrahydrocannabinol (THC) can inhibit the growth of canine prostate carcinoma cell lines, potentially offering new avenues for cancer treatment. Published in Veterinary Sciences, the study states that prostate cancer “is one of the leading causes of cancer-related deaths worldwide, even …
Oct 25 2024
Study: CBD Mitigates Anxiety and Neuroinflammation in Offspring of Obese Mothers
A new study has found that cannabidiol (CBD) may help alleviate behavioral and neuroinflammatory challenges in adult offspring born to obese mothers. “Maternal obesity is known to increase the risk of psychiatric disorders, such as anxiety, depression, schizophrenia and autism spectrum disorder in the offspring”, notes the study’s abstract. “While preventive measures are well-documented, practical approaches …
Oct 25 2024
Study: U.S. Adolescent Marijuana Use Decreased by Over 7% From 2011 to 2021
A recent study published in Pediatric Reports by researchers from Florida Atlantic University provides a comprehensive look into the evolving patterns of marijuana use among U.S. adolescents over the past decade. Using data from the biennial Youth Risk Behavior Survey from 2011 to 2021, which covered 88,183 students in grades 9 through 12, the study …
Oct 24 2024
Delaware Awards State’s First-Ever Recreational Marijuana Business Licenses
The Delaware Office of the Marijuana Commissioner (OMC) held its inaugural marijuana licensing lottery today, marking the first step in awarding marijuana business licenses in the state. The event, conducted at 9 a.m., randomly selected from 727 applications across multiple categories, excluding retail licenses, which will be drawn in a separate lottery in December due …