Category: News

New York: $919 Million in Marijuana Sold Legally in 2024, Resulting in nearly $100 Million in Taxes

New York’s legal marijuana market is on track to surpass $1 billion in sales before the end of 2024. According to data presented at today’s Cannabis Control Board (CCB) meeting, the state currently has 261 licensed marijuana stores, with sales reaching $919 million so far in 2024. This puts New York on track to pass …

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Wisconsin Governor Names Marijuana Legalization as a Top Priority for 2025 Legislative Session

Wisconsin’s governor has highlighted marijuana legalization as a top priority for the state’s 2025 legislative session. Speaking during a budget listening tour last week, Governor Tony Evers (D) outlined his post-election plans, ranking “legalizing marijuana” second among his administration’s objectives for the coming year. Other key proposals included healthcare expansion, gun safety measures, and additional …

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Psychedelics, Especially Psilocybin and LSD, Show Promise for Easing Depression and Anxiety in Terminally Ill Patients, Study Finds

A new systematic review and network meta-analysis, published in the Journal of Psychopharmacology, explores the potential of psychedelics to alleviate existential distress in terminally ill patients. Conducted by researchers from the University of Modena and Reggio Emilia, the Italy Department of Mental Health and Drug Abuse, and the University Utrecht in the Netherlands, the study …

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South Carolina Lawmakers File Bills to Decriminalize Marijuana Possession and Legalize Medical Marijuana

In a significant push toward marijuana reform, two South Carolina lawmakers prefiled bills on December 5 aimed at decriminalizing marijuana possession and establishing a medical marijuana program. Both bills, introduced by Democratic members of the South Carolina House, reflect a growing national movement to reevaluate marijuana laws. Introduced by Representative Todd Rutherford, House Bill 3019 seeks …

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Nearly $25 Million in Marijuana Sold in Connecticut in November, $275 Million in 2024

In Connecticut, licensed marijuana stores sold over $24 million worth of product. In total , there was $24,411,425 in marijuana and marijuana products sold in November, a slight increase from the $24,055,147 sold in October and the $23,445,921 sold in September. The year-to-date total for 2024 is now around $275 million, bringing the all-time total …

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Montana: Licensed Marijuana Sales Top $26 Million in November, Over $300 Million in 2024

Montana’s marijuana market remains steady, with over $26 million in total sales in November. The Montana Department of Revenue released data today showing that there was $23,124,107 in recreational marijuana sold in November, in addition to $3,584,808 in medical marijuana sales, combining for $26,708,916 in total sales. Sales include dried marijuana as well as a …

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Ohio Marijuana Sales Surpass $320 Million in First Three Months of Recreational Market, Nearly $40 Million in Tax Revenue

Since licensed marijuana sales began on August 7 in Ohio, the state has recorded $320,719,313 in combined sales across both medical and recreational markets, according to data released today by the Ohio Department of Commerce’s Division of Cannabis Control. Between August 7 and December 7, recreational marijuana sales totaled $203,141,060, while medical marijuana sales reached …

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Federal Circuit Court of Appeals Appears Unlikely to Side With Cannabis Companies in Case Challenging Marijuana Prohibition

A federal appeals court on Thursday appeared poised to reject claims by several Massachusetts marijuana businesses that the longstanding federal prohibition on the drug is no longer constitutional, according to Reuters. The businesses, represented by attorney David Boies, argued that the legal and legislative landscape surrounding marijuana has shifted significantly since the U.S. Supreme Court …

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Psychedelics Linked to Enhanced Sexual Function Even Months After Use, Study Finds

Psychedelics like LSD and psilocybin may improve sexual function for months after use, according to a study conducted by the Centre for Psychedelic Research at Imperial College London. This research marks the first known scientific investigation into the long-term effects of psychedelics on sexual health. Participants in the study reported significant improvements across various aspects …

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How Marijuana Rescheduling Could Impact Washington, D.C.

By Ty Buffington, NORM Legal Intern Following the Biden Administration’s initiation in 2022 of a marijuana rescheduling effort, the DEA commenced a formal rule-making process in 2024, beginning with a notice and public comment period. After the submission of over 40,000 public comments on the issue of whether to move cannabis from Schedule I to Schedule …

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