Jun 01 2024
There’s currently 24 states that have legalized recreational marijuana. That number could jump to above 30 in the near future. As we approach mid-2024, it’s becoming increasingly clear which states are on the verge of legalizing recreational marijuana this year or next, and which are still some distance away. Below, we outline the 10 states …
Jun 01 2024
Federal legislation that would explicitly allow banks to work with licensed marijuana businesses has garnered its 123rd bipartisan sponsor in the US House of Representatives. The SAFE Banking Act (H.R. 2891) now has 123 sponsors, with Congressmember Dan Goldman (D-NY) becoming the latest to join as a cosponsor yesterday. The proposed law would provide federal …
May 31 2024
Legislation establishing a “Psychedelic Therapy Advisory Working Group” has been signed into law by Vermont Governor Phil Scott. Governor Scott signed Senate Bill 114 into law recently, following overwhelming approval in the state’s legislature. Once the measure takes effect, the Psychedelic Therapy Advisory Working Group will be established “to examine the use of psychedelics to …
May 31 2024
The legal sale of marijuana in Illinois amounted to roughly $170 million in April, according to the Illinois Department of Financial and Professional Regulation. The sales total, specifically $169.6 million, includes dried marijuana flower and various products like concentrates, edibles, and topicals. Of this amount, $144.5 million was purchased by recreational consumers, while medical marijuana …
May 30 2024
Legislation aimed at allowing and regulating marijuana events across the state has passed through its second reading in the New York Senate and has been ordered to a third and final reading. Filed by Senator Michelle Hinchey, Senate Bill 9679 will be sent to the Assembly if it passes its final reading in the Senate. …
May 30 2024
A recent study published in the journal Scientific Reports and available online through the National Library of Medicine has revealed promising results for the use of cannabidiol (CBD) in treating hand osteoarthritis (OA). Conducted by researchers at the University of Sydney, Avecho Biotechnology, and the NTF Group in Australia, the study explored the potential benefits …
May 30 2024
Governor Ron DeSantis is set to veto legislation banning Delta-8 THC, according to multiple sources within the governor’s office. If enacted, Senate Bill 1698 would limit the sale of hemp products containing Delta-9 THC while placing a complete ban on the production and sale of products containing Delta-8 and Delta-10 THC. Those in the hemp …
May 30 2024
Donald Trump was convicted of 34 felony charges related to falsifying business records to influence the 2016 presidential campaign. A New York jury found Trump guilty of 34 counts related to a $130,000 payment made to adult film actress Stormy Daniels. The prosecution alleged that Daniels was paid to keep secret a 2006 tryst she …
May 30 2024
In a groundbreaking study funded by federal agencies, researchers have discovered that terpenes, a component of marijuana, can significantly alleviate chronic neuropathic pain in mice through the activation of adenosine A2A receptors (A2AR). Terpenes are aromatic compounds found in many plants, contributing to their flavor and scent, and are abundant in cannabis. Previous studies have …
May 30 2024
Researchers at H. Lee Moffitt Cancer Center and Research Institute in Florida, and the University of Connecticut have published a study that suggests marijuana use may be linked to lower prostate cancer prevalence. Utilizing data from the National Survey on Drug Use and Health spanning 2002 to 2020, the study involved a significant sample size …
