Category: News

Lawmakers in New Mexico’s Largest County Vote Unanimously to End Marijuana Testing for Most Public Employees

In a unanimous decision, the commissioners of Bernalillo County, home to approximately 672,000 residents including the city of Albuquerque, have updated the county’s Drug and Alcohol-Free Workplace Policy. The policy now excludes cannabis from the list of illegal drugs when it is used legally outside of work hours for either medical or recreational purposes. This …

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Michigan Regulators Fined 67 Marijuana Businesses in November

In November, Michigan’s Cannabis Regulatory Agency (CRA) imposed fines on 67 licensed marijuana businesses for a variety of regulatory infractions. Penalties ranged from $333.33 to as much as $19,000, reflecting the seriousness of the violations. The largest fine, totaling $19,000, was issued to Blue Fox Brands in Lansing for failing to comply with Metrc, the …

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Illinois Department of Public Health Approves Adding Female Ogasmic Disorder to List of Medical Marijuana Conditions

The Illinois Department of Public Health has approved a petition to add female orgasmic disorder (FOD) to the list of conditions eligible for medical marijuana. With the department’s approval, Female Orgasmic Disorder will be immediately added to the state’s list of ailments that allow an individual to become a legal medical marijuana patient. In October, …

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Study: CBD May Aid in Dental Tissue Regeneration

Cannabidiol (CBD) has shown promising results in supporting dental stem cell regeneration and combating inflammation, according to a study by researchers from Chulalongkorn University in Thailand and the University of Hong Kong. The study, published in the International Endodontic Journal, investigated how CBD impacts human dental pulp stem cells (hDPSCs) under both normal and inflamed …

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Cannabidiol Found to Suppress Aggressive Prostate Cancer Progression and Recurrence in New Study

A new study suggests that cannabidiol (CBD) may offer a promising approach to controlling metastatic castration-resistant prostate cancer (mCRPC), an aggressive form of prostate cancer. Researchers from the University of Louisiana and Mansoura University conducted the study, published in ACS Pharmacology & Translational Science and published online by the U.S. National Library of Medicine. Metastatic …

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Clinical Trial Finds Psilocybin Increases Emotional Empathy in Patients With Major Depression

A study published in the peer reviewed journal Molecular Psychiatry has found that psilocybin-assisted therapy significantly improves emotional empathy in patients with major depression. The study, titled Psilocybin increases emotional empathy in patients with major depression, explored the enduring effects of psilocybin on social cognition, using a randomized, placebo-controlled design involving 51 depressed patients. Participants …

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New Jersey Lawmakers Introduce Bills to Ban Kratom Sales

New Jersey lawmakers have introduced a pair of bills to criminalize the manufacture, distribution, and possession of kratom under certain conditions. Senate Bill 3981, sponsored by State Senator Teresa Ruiz (D), and Assembly Bill 5129, introduced by Representative Alexander Schnall, were filed on December 16 and referred to their respective Judiciary Committees. If enacted, the …

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Colorado Will Begin Accepting Applications for Psilocybin Service Centers on December 31

Colorado is set to begin accepting applications for psilocybin service centers on December 31, 2024, marking a significant step forward in the state’s journey toward offering psychedelic-assisted therapy. This development comes as part of the framework established following the 2022 passage of Proposition 122, which legalized regulated psilocybin therapy and the personal use of certain …

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Report: Industrial Hemp Market Valued at $5.6 Billion, to Reach $13.9 Billion by 2028

The global industrial hemp market, valued at $5.6 billion in 2024, is projected to grow to $13.9 billion by 2028, according to a report by Technavio. This marks a compound annual growth rate (CAGR) of 25.25% over the forecast period. The report attributes this growth to increased demand across industries such as textiles, food and …

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Vireo Growth Inc. Announces $75 Million Financing and Acquisitions of Four Single State Operators

Vireo Growth Inc. has announced a series of transactions, including a $75 million equity securities offering and the acquisition of four single-state cannabis operators. The equity securities offering is priced at $0.625 per subordinate voting share, with the closing subject to applicable notice periods, according to a press release sent today. The acquisitions, collectively referred …

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