Category: News

Clinical Trials Highlight Psilocybin’s Effectiveness in Treating Depression and Anxiety

Psilocybin, the psychoactive compound found in magic mushrooms, could revolutionize the treatment of major depressive disorder (MDD), according to a new study that analyzed multiple clinical trials. For the study, researchers from several Chinese institutions, including The First Affiliated Hospital of Hainan Medical University and Guangzhou Medical University, conducted a systematic review of five randomized …

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Montana: Licensed Marijuana Stores Sold $27 Million Worth of Product in September

Legal marijuana sales in Montana topped $27 million in September. According to data released by the Montana Department of Revenue, total marijuana sales reached $27,520,406 in September. This is a slight dip from the record-breaking $29,716,881 sold in August, and is on par with the $28 million sold in September 2023. The vast majority of …

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Delaware Receives Over 1,200 Applications for Marijuana Business Licenses, Including 800 for Retail Outlets

Delaware has received over 1,260 applications between August 19 and September 30, according to data released by the state. Of these, 800 applications were for the 30 available retail licenses, according to Delaware’s Office of the Marijuana Commissioner. The state generated over $4 million from application fees. Applicants paid $5,000 for an open application (non-social …

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Cannabis Nanoemulsion Shows Breakthrough Potential in Glioblastoma Treatment, Dramatically Extending Survival in Animal Study

A new study published in the journal BMC Pharmacology and Toxicology reveals a promising advancement in glioblastoma treatment using a nanoemulsion containing cannabis extract. Researchers from the University of Medical Sciences, University of Tehran, and North Khorasan University of Medical Sciences in Iran have developed a nanoemulsion designed to boost the effectiveness of two key …

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New Jersey Senate Committee Passes Bill Banning Electronic Smoking Device Deliveries to Those Under 21

On October 7, New Jersey’s Assembly Bill 1813 was given approval by the Senate Health, Human Services, and Senior Citizens Committee. The bill, which was passed overwhelmingly by the Assembly on September 26 with a vote of 73-2, seeks to tighten regulations on the delivery of electronic smoking devices, ensuring they do not reach individuals …

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New Jersey: Second Senate Committee Approves Measure to Legalize Psilocybin for Therapeutic Use

A second committee in the New Jersey Senate has voted to pass legislation to legalize the therapeutic use of psilocybin mushrooms. The Senate Senate Budget and Appropriations Committee has given approval to Senate Bill 2283, roughly four months after it was passed by the Senate’s Health, Human Services, and Senior Citizens Committee. Sponsored by Senate …

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North Carolina Marijuana Superstore Celebrates One Month Open to Everyone 21+

The Great Smoky Cannabis Company in Cherokee, North Carolina, has now been open for exactly one month, with tens of thousands of patrons making purchases. The Great Smoky Cannabis Company (91 Bingo Loop Rd, Cherokee), located on the tribal land of Eastern Band of Cherokee Indians, has been open to everyone 21 and older since …

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These Five Marijuana Strains are the Most Popular As of October 2024

As the cannabis market continues to expand across the U.S., several strains have captured the attention of consumers. Using data from various state regulatory agencies, as well as data from sites that track strain popularity such as Leafly, here are the five marijuana strains dominating sales as of October 2024.

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Maine Sees $21 Million in Marijuana Sales During September, Surpassing 400,000 Transactions

Maine’s marijuana market continues to demonstrate resilience, with September reporting a total of $21,275,491 in sales across 407,240 transactions. Within these sales, $12.5 million was attributed to “usable cannabis,” $5.6 million to marijuana concentrates, and $3.1 million to “infused products.” With September’s sales, the year-to-date total has reached an impressive $183,209,598 from 3,406,206 transactions, according …

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Report: CBD Skincare Market Valued at $2.3 Billion, Projected to Reach $22 Billion by 2032

According to a newly released report, the global market for CBD skin care products is valued at over $2 billion, and is expected to grow at a drastic rate over the next eight years. The SNS Insider report indicates that the market is valued at $2.29 billion in 2023, and is projected to reach $22 …

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