Category: News

WA Bill to Eliminate Residency Requirement for Marijuana Licenses Scheduled for March 25 Public Hearing

A bill that would remove Washington’s residency requirement for marijuana license holders is scheduled for a public hearing in the House Committee on Finance at 8:00a.m. on March 25. House Bill 2037 was filed last week by State Representative Melanie Morgan (D). The proposal would “modernize adult use cannabis laws” by eliminating the requirement that …

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Report Finds Psychedelic Mushrooms Market to Grow from $1.5 Billion to $3.3 Billion by 2031

The global psychedelic mushrooms market is projected to more than double over the next seven years, growing from an estimated $1.5 billion in 2024 to $3.3 billion by 2031. That’s according to a new report by Persistence Market Research, which forecasts a compound annual growth rate (CAGR) of 10.3% through 2031, up from a historical …

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North Carolina Lawmakers Introduce Bipartisan Bill to Regulate Kratom Sales

A bipartisan group of six North Carolina lawmakers introduced House Bill 468 yesterday, a comprehensive measure that would regulate the sale, distribution, manufacturing, and labeling of kratom products throughout the state. Filed by Representative Jeff McNeely, the bill establishes a comprehensive licensing and regulatory framework for kratom, an herbal substance derived from the Mitragyna speciosa …

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Oklahoma: $56 Million in Medical Marijuana Sold in February, Generating Nearly $4 Million in Taxes

Oklahoma medical marijuana dispensaries sold over $56.2 million worth of product in February, according to data released by the Oklahoma Medical Marijuana Authority (OMMA). The sales generated $3,937,092 in tax revenue for the state, based on Oklahoma’s 7% excise tax on medical marijuana. When combined with January’s data, the state has made $8,125,709 in taxes …

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Illinois Bill Would Use Marijuana Tax Revenue to Fund Free Community College in Areas Most Impacted by Drug War

A proposal to provide free community college in certain parts of Illinois using marijuana tax revenue was referred to the Rules Committee today. Filed in January by State Representative Rita Mayfield (D), House Bill 1170 would amend the state’s Public Community College Act to require the Illinois Community College Board to develop and maintain a …

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Study: CBD Reduces Nerve Pain and Improves Memory by Activating Pain and Mood Receptors

A new study published in The Journal of Pain finds that cannabidiol (CBD) can reduce nerve pain and improve memory by activating spinal PPARγ and 5-HT1A receptors. Researchers evaluated the effects of both acute and repeated doses of CBD in female mice with nerve injury-induced neuropathic pain. The study found that CBD significantly reduced tactile …

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Canada Retailers Sold CA$418 Million Worth of Marijuana in January, Up 6% From Last Year

Canada’s legal marijuana industry started 2025 on a strong note, with CA$418.325 million in sales recorded in January. That’s a roughly 6% increase over the CA$395 million sold during the same month in 2024, according to new data released today by Statistics Canada. Ontario once again led the country with CA$150 million in sales, followed …

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Legislation to Limit County Restrictions on Marijuana Businesses Introduced in Delaware Senate

A new bill filed today in the Delaware Senate would restrict how much control counties have over marijuana businesses, while preserving local authority for municipalities. Senate Bill 75 was introduced by Senators Charles Paradee, Kyra Hoffner, David Sokola, and Bryan Townsend, along with Representatives Edward Osienski and Eric Morrison, all Democrats. The measure was assigned …

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New York Bill Creating Statewide Permit System for Cannabis Showcase Events, Including “Pop Up” Events, Delivered to Governor

A New York bill to establish a statewide permitting system for cannabis showcase events, including “pop up” events, has been delivered to Governor Kathy Hochul. The legislation, Senate Bill 818, passed the Assembly on March 11 in a 96 to 53 vote after clearing the Senate in February, 43 to 16. Sponsored by State Senator …

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Colorado House Approves Bill to Streamline Marijuana Rules, Double Retail Purchase Limit

The Colorado House of Representatives today passed a comprehensive marijuana regulatory reform bill with a 45 to 18 vote. House Bill 1209, sponsored by Representatives William Lindstedtand along with 13 cosponsors, focuses on streamlining marijuana licensing rules, simplifying recordkeeping requirements, and expanding research and development (R&D) access for licensees. It also reduces certain appropriations and …

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