A newly systematic review of clinical trials reveals psilocybin-assisted therapy may provide substantial relief for individuals with major depressive disorder, including treatment-resistant cases. Published in the psychiatry journal Acta Psychiatrica Scandinavica, the study consolidates findings from six randomized controlled trials, involving 427 participants, to evaluate the efficacy and safety of this emerging treatment. Researchers from …
Category: News
Dec 03 2024
Illinois Marijuana Sales Pass $160 Million in October, Prices Reach New Lows
In Illinois, legal marijuana sales topped $160 million in October, an increase from the previous month. In October, licensed marijuana stores sold $164.4 million worth of marijuana and marijuana products, including concentrates, edibles, tinctures and topicals, according to the Illinois Cannabis Regulation Oversight Officer. This is a noticeable increase from the $158 million sold in …
Dec 03 2024
Trump’s Pick to Head the DEA, Sheriff Chad Chronister, Withdraws From Consideration
Hillsborough County Sheriff Chad Chronister, who was chosen by President Trump to lead the U.S. Drug Enforcement Administration (DEA), has withdrawn from the race. Hillsborough County Sheriff Chad Chronister. Chronister, who has supported decriminalizing marijuana possession, was nominated by Trump on Saturday, and withdrew from the race Tuesday. Chronister was chosen to replace Anne Milgram, …
Dec 03 2024
California Reports $250.5 Million in Cannabis Tax Revenue for Third Quarter of 2024
The California Department of Tax and Fee Administration (CDTFA) reported cannabis tax revenue today for the third quarter of 2024. As of November 18, total cannabis tax revenue from third-quarter returns is $250.5 million. This figure includes $148.4 million in cannabis excise tax and $102 million from sales tax collected from cannabis businesses. These figures …
Dec 03 2024
Massachusetts: $151 Million in Marijuana Sold in November, Prices Drop to All-Time Low of $4.58 Per Gram and $129 Per Ounce
There was over $150 million in legal marijuana sold in Massachusetts in November, with prices continuing to drop. According to the Massachusetts Cannabis Control Commission (CCC), there was $137.2 million in recreational marijuana sold in November, nearly identical to the $138 million sold in October. When combined with the $14.6 million in medical marijuana sales, …
Dec 03 2024
VA Funds First Study on Psychedelic-Assisted Therapy for Veterans Since the 1960s
Today, the U.S. Department of Veterans Affairs announced that it will fund a study on Methylenedioxymethamphetamine-assisted, or MDMA-assisted, therapy for post-traumatic stress disorder and alcohol use disorder among Veterans. This is the first VA-funded study for psychedelic-assisted therapy since the 1960s. VA researchers affiliated with Brown University and Yale University will evaluate the potential of …
Dec 02 2024
Ohio: Legal Marijuana Prices Drop to Below $7 Per Gram, Down 26% Since August
The average cost of recreational marijuana in Ohio has dropped substantially since the start of legal sales on August 7. According to data released today by the Ohio Department of Commerce’s Division of Cannabis Control (DCC), the average cost of recreational marijuana as of November 30 is $6.99 per gram. This is down 26% from …
Dec 02 2024
Oklahoma Medical Marijuana Authority to Open State-Operated Testing Laboratory in February
The Oklahoma Medical Marijuana Authority (OMMA) is set to open a state-operated marijuana testing laboratory in Oklahoma City by February 2025. Renovations for the facility, located at Reno and Meridian avenues, began in mid-November and are expected to last 90 days. The lab, authorized by Senate Bill 813 in 2023, received $4.9 million in funding, …
Dec 02 2024
Pennsylvania Lawmakers Announce New Bill to Legalize Marijuana
Pennsylvania State Representatives Rick Krajewski (D) and Dan Frankel (D) have unveiled plans to introduce a bill that would legalize recreational marijuana, with the pair emphasizing the social justice, public health, and economic benefits. The legislation, announced via a co-sponsorship memo published earlier today, proposes the creation of a regulated marijuana marketplace that prioritizes communities …
Dec 02 2024
President-Elect Trump Names Sheriff Who Backed Marijuana Decriminalization as New DEA Chief
President-elect Donald Trump has chosen Hillsborough County Sheriff Chad Chronister to lead the U.S. Drug Enforcement Administration (DEA). Chronister, who has supported decriminalizing small amounts of marijuana in the past, was nominated Saturday. If confirmed by the Senate, Chronister will replace Anne Milgram, a Biden administration appointee and former New Jersey attorney general. Chronister, a …