Category: News

California Marijuana Stores Generated $6 Billion in Taxes From $27 Billion in Sales Between January 2018 and July 2024

Since the opening of the first recreational marijuana store in January 2018, California has collected an impressive $6 billion in tax revenue. According to data from the research firm Headset and the California Department of Tax and Fee Administration, licensed marijuana stores recorded over $27 billion in “taxable sales” from 2018 through July of this …

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Study of Over 700,000 Adults Finds Marijuana Use Linked to Lower BMI

A new study reveals a link between marijuana use and lower obesity rates among U.S. adults. The study, published in the peer reviewed journal Cannabis and Cannabinoid Research and the U.S. National Library of Medicine, was conducted by Brigham Young University researchers. The study analyzed data from the Behavioral Risk Factor Surveillance System, which surveyed 735,921 …

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Democrats Approve 2024 Platform Calling for Marijuana Expungements, No More Arrests for Marijuana Possession

The Democratic National Committee (DNC) has officially approved its 2024 Party Platform during tonight’s Convention. The platform states that no one should be jailed for using or possessing marijuana, pointing out the harmful impact these laws have had, particularly on minorities. It recognizes President Biden’s “historic action” in pardoning those with federal marijuana possession convictions, …

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Federal Judge: Tennessee DCS Workers Can be Held Liable for Taking Kids Due to Marijuana After Traffic Stop

A federal judge has ruled that Tennessee Department of Children’s Services (DCS) employees can be held liable for their involvement in the removal of five children from their parents following a traffic stop in February in which marijuana was discovered. The family, originally from Georgia, was stopped by the Tennessee Highway Patrol for what was …

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Approved and Pending Marijuana Business Licenses in the U.S. Rise 21% in Q2 2024, Reaching Two-Year High

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According to a new report, the number of pending and approved marijuana business licenses in the U.S. jumped by 21% in the second quarter of 2024, reaching 5,687—the highest total in over two years. According to CRB Monitor’s latest report, New Jersey and New York were key drivers of this growth, contributing to a 17% …

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Washington State Has Garnered Over $5 Billion in Marijuana Tax Revenue Since 2014

Since the legalization of recreational marijuana in Washington State in 2012, and the commencement of legal sales in July 2014, the state has witnessed an impressive boom in its marijuana market. Over the past decade, this market has generated approximately $15 billion in total sales, according to the state’s Liquor and Cannabis Control Board. These …

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DNC Releases 2024 Platform to be Voted on at Convention, Includes Multiple Marijuana Provisions

Today, the Democratic National Committee (DNC) released the final 2024 Democratic Party Platform, which will be voted on by delegates at the Convention tomorrow evening. This platform was passed by the Platform Committee on July 16, before the President stepped aside. It will receive a final vote tomorrow at the DNC Convention. A section of …

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Colorado Finalizes Legal Psilocybin Rules

Colorado has officially established the rules for psilocybin use, paving the way for the state’s upcoming therapeutic program. Although healing centers won’t begin administering psilocybin treatments until 2025, the state took a significant step forward by finalizing the regulations last week. Tasia Poinsatte, the Colorado director of the Healing Advocacy Fund, which played a crucial …

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Poll Finds Large Majority of Americans Support Expunging Marijuana Charges

A recent YouGov poll reveals that a significant majority of Americans support expunging the records of those convicted of marijuana-related offenses. The survey, conducted this month, found that 61% of respondents are in favor of clearing the records for individuals with past marijuana charges, reflecting a growing shift in public opinion on drug-related criminal justice …

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Both North and South Dakota Could Legalize Marijuana This November: A Look at the Two Initiatives

As November approaches, both North and South Dakota find themselves at pivotal moments in their respective paths toward marijuana legalization. Voters in both states will have the opportunity to decide on measures that would legalize recreational marijuana for everyone 21 and older. In North Dakota, Measure 5 would allow for the possession and use of …

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