Category: News

California Legislature Passes Bill Allowing Marijuana Businesses to Hold Multiple Licenses, Sending it to Governor Newsom

Legislation in California to simplify marijuana business operations by allowing multiple activities under a single license, has been approved by the state’s legislature with overwhelming support. California Senate Bill 1064, introduced by Senator John Laird (D) in April, has passed both the full Assembly (73 to 0) and Senate (37 to 1). Yesterday, the measure …

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Idaho Nonprofit Announces Forthcoming Initiative to Decriminalize Marijuana Possession and Cultivation

The nonprofit political group Kind Idaho has announced that they will soon unveil an initiative to decriminalize marijuana, with the goal of putting it to a vote of the people in 2025 or 2026. “Our 2023-2024 campaign has concluded and we did not meet the requirements to get on the ballot”, said Kind Idaho in …

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California Reports $263 Million in Cannabis Tax Revenue for Q2 2024

Today, the California Department of Tax and Fee Administration (CDTFA) reported cannabis tax revenue for the second quarter of 2024. As of mid-August, total cannabis tax revenue from second-quarter returns is $263.1 million, according to a CDTFA press release. This figure includes $154.3 million in cannabis excise tax and $108.8 million from sales tax collected …

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Study Finds CBD May Enhance Cancer Immunotherapy in Triple-Negative Breast Cancer

A study published in the recent issue of the journal  Cancer Immunology Research suggests that cannabidiol (CBD) may enhance the effectiveness of atezolizumab, a drug commonly used in treating triple-negative breast cancer (TNBC). The study, which was published online ahead of print by the National Library of Medicine, highlights the potential for CBD to be …

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North Carolina Marijuana Superstore Opens Saturday for Everyone 21 and Older: Exploring Their Lineup

The Great Smoky Cannabis Company (91 Bingo Loop Road Cherokee) opens their doors to everyone 21 and older in four days, on Saturday, September 7. The marijuana superstore, located at the home of a former bingo hall that cost over $50 million to renovate, opens Saturday on tribal land operated by the Eastern Band of …

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Ohio: $66 Million in Marijuana Sold Legally Between August 6 and August 31, Prices Continue to Drop

There was over $60 million worth of marijuana and marijuana products sold legally in the first 25 days after legal recreational marijuana sales began in Ohio. According to the Ohio Division of Cannabis Control (DCC), there was $67,320,029 worth of legal marijuana sold between August 6, the start of recreational marijuana sales, and August 31. …

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Wisconsin Tribal Leaders Call on State to Legalize Medical Marijuana

Wisconsin is one of just 12 states that have not yet legalized medical marijuana: Tribal leaders in the state are calling for a change. On Tuesday, tribal leaders urged Wisconsin lawmakers to move forward with the legalization of medical marijuana, advocating for patients suffering from chronic pain and PTSD to have access to cannabis as …

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Report: 394 Million Joints Sold Between June 2023 and June 2024 in the U.S., Generating $4.1 Billion in Revenue

This morning, Custom Cones USA released a white paper in partnership with cannabis data analytics firm Headset, that is a comprehensive report on the state of the pre-roll market in 2024. The data revealed that pre-rolls generated more than $4.1 billion in sales revenue and sold over 394 million units in from January 2023 to June 2024 To gain …

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Swing State Voters Strongly Favor Legalizing Marijuana, Finds Poll

According to new polling, a strong majority of voters in the swing states of Pennsylvania, Michigan and Wisconsin support legalizing recreational marijuana, and more than eight out of every 10 support medical marijuana legalization. Conducted by Ragnar Research Partners, the poll states that “Voters in swing states overwhelmingly support responsible modernization of US marijuana policy. …

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Colorado’s “First Psychedelic Church” Opens in Colorado Springs, Offering Free Psilocybin Mushrooms and DMT

Colorado’s first psychedelic church has officially opened its doors in Colorado Springs, offering a unique approach to spiritual and community gatherings centered around the use of psychedelics. Founded by Benji Dezaval, the church seeks to provide a safe space for individuals to explore the therapeutic and spiritual benefits of substances like psilocybin mushrooms and DMT. …

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