A new WRAL News poll reveals that 70% of North Carolina voters support the legalization of medical marijuana. The survey, conducted with 771 registered voters, found that support for medical marijuana spans across all demographics, including age, race, income, and political affiliation. Even among voters identifying as very conservative or over the age of 65, …
Category: News
NBA Legend Carmelo Anthony Headlining Cannabis Business Panel at MJBizCon 2024 in Las Vegas
NBA legend and marijuana entrepreneur Carmelo Anthony will be a headline speaker at MJBizCon, the world’s largest cannabis business conference and trade show, this December at the Las Vegas Convention Center. Carmelo Anthony, who played from 2003 to 2022 and is a 10-time NBA All-Star, will discuss his new role at Grand National, a venture …
U.S. Congress: Federal Marijuana Banking Legislation Garners 167 Bipartisan Sponsors
The number of U.S. senators and representatives sponsoring federal legislation to allow marijuana banking has grown to 167. Earlier this month Congressmember Betty McCollum (D-MN) joined as a cosponsor in the US House of Representatives for the SAFE (Secure and Fair Enforcement Banking Act) Banking Act (H.R. 2891), bringing the total number of bipartisan sponsors …
Study: Legalizing Psilocybin Therapy Could Benefit Up to 5.6 Million People With Depression
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 …
Florida Marijuana Legalization Campaign Raises Over $90 Million, More Than Triple Any Previous U.S. Effort
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 …
US Census: Legal Marijuana States Have Collected Nearly $9 Billion in Tax Revenue Since Q3 2021
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 …
Former President Nixon Privately Said Marijuana is “Not Particularly Dangerous”, Called Long Sentences “Ridiculous”
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 …
Rhode Island: August is a Record-Breaking Month for Legal Marijuana Sales
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 …
Pakistan National Assembly Passes Bill to Regulate Marijuana for Industrial and Medicinal Use.
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 …
Clinical Trial Finds Topical Hemp Seed Oil Comparable to Diclofenac Gel for Treating Osteoarthritis
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 …
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