Category: News

JPMorgan Chase CEO Says They “Probably Would” Embrace Cannabis Banking if Law Changes

In a recent interview, the CEO of JPMorgan Chase, Jamie Dimon, says the bank “probably would” begin offering services to marijuana businesses if federal law changes. Speaking this week on an episode of “The Unshakeables,” a podcast produced by JPMorgan Chase, Dimon said the enactment of federal marijuana banking legislation would significantly influence the bank’s …

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Study Finds CBD Inhibits Cancer Cell Growth and Promotes Cell Death in Cholangiocarcinoma Cells

A study published by the Journal of Traditional and Complementary Medicine and e-published by the U.S. National Library of Medicine highlights cannabidiol’s (CBD) potential as a therapeutic option for combatting cholangiocarcinoma (CCA). Conducted by researchers from Khon Kaen University in Thailand, the study explored the anti-cancer effects of CBD on human CCA cells, examining both …

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The Five States Most Likely to Legalize Cannabis This Year

Several states are on track to legalize recreational marijuana in 2025, joining the 24 other states that have already done so. Although efforts to legalize cannabis are ongoing in numerous states, the five states listed below are the most likely to actually enact legalization proposals this year.

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Senator Warren Encourages Musk and DOGE to End Federal Marijuana Prohibition

U.S. Senator Elizabeth Warren (D-Mass.) has urged Elon Musk, Chair of the Department of Government Efficiency (DOGE), to prioritize smarter federal spending cuts, including reconsidering wasteful enforcement policies such as federal marijuana prohibition. In a letter sent to Musk, Warren outlined 30 recommendations aimed at reducing government inefficiency while protecting critical programs like Medicare, Medicaid, …

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Washington House Bill Would Remove Residency Requirement for Marijuana Industry Investors, Public Hearing Scheduled for January 29

Lawmakers are pushing for a significant shake-up in Washington’s marijuana industry with House Bill 1346, which is scheduled for a public hearing in the House Committee on Consumer Protection & Business on January 29 at 1:30 p.m. The bipartisan bill, filed on January 16 by six lawmakers, would eliminate the in-state residency requirement for cannabis …

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Connecticut Bill Would End All Nonviolent Cannabis Charges, Resentence Incarcerated Offenders, Expunge Records, and Advance Equity

Connecticut lawmakers introduced House Bill 6377 today, a bold proposal that would reshape the state’s cannabis laws and promote more equity in the marijuana industry. Filed by State Representatives Michael Shannon (D) and Anne Hughes (D), the bill has been referred to the Joint Committee on Judiciary for consideration. The proposal would address multiple facets …

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The Best Cannabis Strains for Combatting Pain

When it comes to managing pain, certain marijuana strains stand out for their effectiveness. There are hundreds of marijuana strains available through the United States. This list covers the ten best strains for pain relief, compiled using feedback from our readers and reviews from Leafly and WeedMaps.

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New York Cannabis Showcase Bill Passes Assembly Ways and Means Committee, Advances to Full Assembly

A bill authorizing cannabis showcase events in New York has passed the Assembly Ways and Means Committee with a vote of 24 to 10. Assembly Bill 418, introduced by Assemblymember Donna Lupardo (D), will now head to the full Assembly for consideration. The measure is mirrored by Senate Bill 818, introduced by Senator Michelle Hinchey …

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Global Cannabis Pharmaceuticals Market to Surge to $380.77 Billion by 2034

The global cannabis pharmaceuticals market is poised for exponential growth, with projections indicating an increase from $3.46 billion in 2023 to $380.77 billion by 2034. This remarkable expansion, driven by a compound annual growth rate (CAGR) of 53.32%, is attributed to rising rates of chronic diseases, growing consumer demand for alternative treatments, and an expanding …

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Bipartisan Colorado Senate Bill Introduced to Regulate Kratom Products

Colorado Senate Bill 72, which would regulate the manufacturing, distribution, and sale of kratom products, was introduced yesterday by State Senators Kyle Mullica and Byron Pelton, with support from State Representatives Lindsay and Matt Soper. The bipartisan legislation, supported by two Democrats and two Republicans, has been assigned to the Senate Finance Committee for initial …

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