Jul 08 2024
Despite marijuana remaining illegal in most countries and in a majority of U.S. states, many marijuana companies have continued to thrive. Currently, only a few nations, such as Canada and Uruguay, have legalized recreational marijuana. In the U.S., 24 states have legalized recreational marijuana. Regarding medical marijuana, around 40 countries have legalized it, alongside 38 …
Jul 08 2024
According to a newly released analysis, if marijuana is legalized in Pennsylvania it will create over 30,000 new jobs, with the total market generating over $2 billion in annual sales. Titled Estimating the Economic Impacts of an Adult Use Cannabis Market in Pennsylvania, the report was conducted by FTI Consulting. For the report, FTI “projected …
Jul 08 2024
Legal marijuana states combined for over $10 billion in sales in the first half of the year, according to an analysis by The Marijuana Herald. Among the 24 legal marijuana states in the US, 20 have licensed marijuana stores currently operating and reporting sales data. Virginia is the only legal marijuana state that does not …
Jul 07 2024
Voters in Florida are less than four months away from deciding the fate of Amendment 3, which aims to legalize recreational marijuana. Multiple polls indicate that it is on track for passage. Amendment 3 would allow individuals aged 21 and older to possess up to three ounces of dried marijuana flower and up to five …
Jul 07 2024
Those who consume marijuana have “healthier inflammatory cytokine profile, better insulin sensitivity, and higher levels of physical activity than nonusers,” all of which can be linked lower diabetes, according to an ongoing clinical trial presented at the 2024 annual American Diabetes Association 84th Scientific Sessions. In the findings from the ongoing SONIC trial, first reported by …
Jul 07 2024
In 2025, at least four states are poised to join the ranks of those that have legalized recreational marijuana. Three states — North Dakota, South Dakota, and Florida — have marijuana legalization initiatives on this November’s ballot, potentially increasing the number of legal states to 27. Additionally, several states came close to legalizing this year …
Jul 06 2024
In June, legal marijuana sales in Colorado topped $100 million, with all-time sales reaching an eye-opening $16 billion. According to the Colorado Department of Revenue, there was approximately $101 million worth of marijuana and marijuana products sold through legal means in June. This is roughly on par with the $103 million sold in May, but …
Jul 06 2024
Massachusetts saw over $150 million in legal marijuana sales for the sixth straight months. According to data released by the Massachusetts Cannabis Control Commission (CCC), marijuana sales in June totaled $152.4 million. Recreational consumers purchased $137 million worth, while licensed medical marijuana patients accounted for $15.4 million. This brings the total marijuana sales for the …
Jul 06 2024
A recent study published in the Journal of Pharmacology and Experimental Therapeutics highlights the potential of the marijuana compound THC in managing pain associated with sickle cell disease. The study, titled “Δ9-Tetrahydrocannabinol Alleviates Hyperalgesia in a Humanized Mouse Model of Sickle Cell Disease,” was published online ahead of print by the US National Library of …
Jul 06 2024
A newly published study investigated the mechanisms behind the efficacy of psilocybin in treating treatment-resistant depression. The study was published in the journal Psychopharmacology as well as published online by the US National Library of Medicine with the title Unraveling psilocybin’s therapeutic potential: behavioral and neuroplasticity insights in Wistar-Kyoto and Wistar male rat models of …
