Sep 16 2024
The results of a new study suggests that more than 5 million Americans undergoing treatment for depression could benefit from psilocybin therapy, the active ingredient in “magic mushrooms.” The research, published online by the journal Psychedelics, involved scientists from Emory University School of Medicine, the University of Wisconsin-Madison, and the University of California-Berkeley. The study …
Sep 16 2024
The campaign to legalize recreational marijuana in Florida has raised over $90 million. According to the Florida Division of Elections, the nonprofit political committee Smart & Safe Florida has raised $95,352,144 for their marijuana legalization initiative, Amendment 3, as of September 6. The majority of these funds — $87.77 million — came from Trulieve, a …
Sep 16 2024
According to new data released by the United States Census, there was nearly $9 billion in taxes garnered between 2021 and Q2 2024, with the actual number likely being much higher as some states have yet to report data for 2024. According to the Census, legal marijuana states garnered $8.7 billion in tax revenue from …
Sep 15 2024
In March 1973, President Richard Nixon privately admitted that marijuana wasn’t “particularly dangerous,” despite having launched the War on Drugs (primarily a war on marijuana) just two years earlier. This remark, captured by Nixon’s secret Oval Office recording system, revealed a more nuanced view of cannabis than his public policies suggested. During a conversation with …
Sep 15 2024
August marijuana sales in Rhode Island broke the previously monthly record. In Rhode Island, there was $8.23 million worth of recreational marijuana sold in August, in addition to $2.01 million in sales made by medical marijuana patients, according to the Department of Business Regulations. The combined $10.25 million is a new monthly record for the …
Sep 14 2024
The Pakistan National Assembly has passed legislation to legalize and regulate the cultivation, manufacturing, and sale of marijuana and its derivatives for industrial and medical use. “This legislation aims to establish a clear regulatory framework to generate government revenue through taxation and to promote the development of supply chain for industrial and medicinal cannabis”, states …
Sep 14 2024
According to a new study published in the journal Pain Management Nursing, hemp seed oil may help alleviate the pain associated with knee osteoarthritis (OA), a widespread and crippling condition, especially for the elderly. The randomized, double-blind controlled trial aimed to determine if topical hemp seed oil could provide relief comparable to standard treatments like …
Sep 13 2024
A recent study published in the Journal of Cellular and Molecular Medicine has revealed that cannabidiol (CBD) may have antiviral properties against the SARS-CoV-2 virus, which causes COVID-19. “The aim of this study was to determine the antiviral activity of cannabidiol (CBD) against SARS-CoV-2 infection”, states the study’s abstract. “CBD is the second most studied …
Sep 13 2024
New Jersey Assemblymember Michael Venezia (D) has introduced Assembly Resolution 153, which urges the U.S. Congress to deschedule marijuana, removing it as a controlled substance under the federal Controlled Substances Act (CSA). The resolution, co-sponsored by Representatives Gabriel Rodriguez (D), Carmen Morales (D), Verlina Reynolds-Jackson (D), and Annette Quijano (D), reflects growing support in New …
Sep 13 2024
Massachusetts Treasurer Deborah Goldberg appointed Bruce Stebbins as acting chair of the Cannabis Control Commission (CCC) on Thursday, following the dismissal of former chair Shannon O’Brien earlier in the week. State Treasurer Deborah B. Goldberg appointed Bruce Stebbins to serve as Acting Chair of the Massachusetts Cannabis Control Commission (Commission) until a permanent Chair is …
