Category: News

Report: U.S. Cannabis Market Projected to Surpass $91 Billion by 2033

The legal cannabis industry in the United States is poised for massive growth over the next decade, with projections showing the market will grow from $36.94 billion in 2024 to $91.1 billion by 2033. That’s according to a new report by Research and Markets, which forecasts an annual growth rate of 10.5% between 2025 and …

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Verano President Darren Weiss Resigns, Will Remain as International Consultant

Darren Weiss has stepped down as president of Verano Holdings Corp., one of the nation’s largest multi-state marijuana operators, to pursue business opportunities in the cannabis industry outside of North America. Weiss originally joined Verano in 2017 as general counsel. Over the years, he moved into key leadership roles including chief legal officer, chief operating …

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Study: Hydrogel Combining CBD and FGF21 Promotes Spinal Cord Injury Repair Through Inflammation Modulation and Neural Recovery

A team of researchers in China have developed a novel hydrogel combining CBD and fibroblast growth factor 21 (FGF21) to enhance spinal cord injury recovery, according to a study published in Biomaterials. The injectable hydrogel, referred to as C/F/Gel, uses PF127 and α-cyclodextrin (α-CD) to deliver both CBD micelles (CBDm) and FGF21 in a sustained …

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Study: Psilocybin Therapy Improves Quality of Life in Low-Income Patients With Depression

A new study out of Oregon found that group psilocybin therapy led to significant improvements in quality of life for low-income individuals suffering from depression. The study, first reported by KLCC, involved 19 participants who each took part in two group psilocybin sessions. All participants were in stable housing and receiving therapy, with no personal …

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Maine’s Marijuana Sales Hit $23.2 Million in July as Prices Reach New Low

Maine’s adult-use marijuana market generated $23,227,479 in July, the largest monthly total since August 2024, according to new figures released by the Office of Cannabis Policy. The revenue came from 452,395 individual transactions. Through the end of July, licensed marijuana retailers have sold $140,860,230 worth of product, a modest increase over the $137 million collected …

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Study: Enhanced CBD Formulations Deliver Up to 5.7 Times Greater Absorption Compared to Standard Capsule

Two newly developed CBD products significantly outperformed a standard isolate capsule in terms of absorption and overall bioavailability, according to a new clinical trial published in the Journal of Cannabis Research. The study compared a bioavailability-enhanced CBD capsule and liquid formulation—both using surfactant/acid technology—to an unformulated CBD isolate capsule in 12 healthy male volunteers. Each …

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Study: CBD Reduces Parkinson’s Treatment Side Effect Without Hindering Motor Benefits

A new study finds that cannabidiol (CBD) may offer relief from a common and challenging side effect of Parkinson’s treatment without reducing the therapy’s motor benefits. Published in Progress in Neuro-Psychopharmacology and Biological Psychiatry, the study investigated the effects of CBD and a fluorinated CBD derivative (PECS-101) on L-DOPA-induced dyskinesia (LID)—a frequent complication of prolonged …

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13 Minnesota Cities Apply to Open Municipally Run Cannabis Stores

Thirteen cities in Minnesota have applied for licenses to open municipally operated cannabis stores, according to the state’s Office of Cannabis Management (OCM). While most states with legal marijuana have left retail to private businesses, OCM has created a path for cities to take a more active role—mirroring the state’s long-standing model of municipally run …

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Rhode Island Marijuana Industry Sets New Sales Record in July

Rhode Island marijuana stores generated $10.48 million in sales in July, setting a new monthly record and bringing the year-to-date total to $68,774,958. The updated figures, released by the Rhode Island Department of Business Regulation, show a steady rise in both adult-use and medical marijuana sales throughout 2025. July’s total marks a significant jump from …

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Hawaii Department of Health Announces Free Medical Cannabis CME/CE Courses for Healthcare Providers

The Hawaiʻi Department of Health (DOH) announced today that it is now offering free accredited Continuing Medical Education (CME) and Continuing Education (CE) courses on medical cannabis to licensed healthcare providers in the state. These evidence-based courses are designed to give healthcare providers a foundational understanding of the endocannabinoid system, the largest signaling system in …

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