Marijuana sales in Maine reached a new monthly record in July, with a total of $22,861,337 in sales across 424,941 transactions. This surpasses the previous month’s total and sets a new benchmark for the state’s cannabis industry, topping the previous record of $21.7 million sold in August 2023. According to the Maine Office of Cannabis …
Category: News
Aug 08 2024
July is a Record-Breaking Month for Marijuana Sales in Montana
In July, there was more legal marijuana sold in Montana than any previous month. There was $28,717,104 worth of marijuana sold legally July, according to data compiled and released by the Montana Department of Revenue. This breaks the single-month record of $28,697,312 set in August 2023. $24,899,839 of the total marijuana sales in July were …
Aug 07 2024
Study: THC May Mitigate High-Fructose Diet Damage in Small Intestine
According to a new study being published in the upcoming issue of the journal Histochemistry and Cell Biology, researchers have found that THC may counteract the damaging effects of a high-fructose diet on the small intestine. The study, available online ahead of print on the website for the US National Library of Medicine, was conducted …
Aug 07 2024
Federal Legislation to Deschedule Marijuana and Respect States’ Rights Sponsored by Lawmakers From 33 States
Lawmakers from 33 different states are now sponsoring federal legislation to deschedule marijuana, and to respect state marijuana laws. The Marijuana Opportunity Reinvestment and Expungement (MORE) Act, filed in April 2023 in the US House of Representatives, now has 94 sponsors, while the Senate’s Cannabis Administration and Opportunity Act (CAOA) has 18 sponsors. The MORE …
Aug 07 2024
Massachusetts Voters Have Opportunity to Legalize Psychedelics via Question 4 This November
With the election less than three months away, it won’t be long before Massachusetts voters will have the opportunity to make their state just the third to legalize certain psychedelics such as psilocybin. Question 4, put forth by the nonprofit Massachusetts for Mental Health Options (MMHO), would legalize the possession and personal cultivation of up to …
Aug 06 2024
Psilocybin Shows Promise as Potential Alzheimer’s Treatment, Study Finds
A new study published in the journal Frontiers in Neuroscience explores the potential of psilocybin as a treatment for Alzheimer’s disease. “Alzheimer’s disease (AD) stands as a formidable neurodegenerative ailment and a prominent contributor to dementia”, states the study, conducted by researchers from Huazhong University of Science and Technology and Binzhou Medical University Hospital. “The …
Aug 06 2024
For the First Time in US History, Both Nominees on a Major Party Presidential Ticket Support Marijuana Legalization
Vice President Kamala Harris, the Democratic nominee for president, has selected Minnesota Governor Tim Walz as her vice presidential candidate, marking the first time in U.S. history that both members of a major party’s presidential ticket openly support the legalization of marijuana. Kamala Harris, a former US senator and attorney general from California, has long …
Aug 06 2024
Missouri Recalls Thousands of Marijuana Products
The Missouri Division of Cannabis Regulation announced a recall Tuesday for thousands of marijuana products sold to dispensaries by NGWMO, LLC, a cultivation facility based in Marceline. The recall includes 2,649 products from the brand Twenty Twenty. Products include dried marijuana flower, ground flower, and pre-rolls. The full recall list can be found by clicking …
Aug 06 2024
Report: Handheld Marijuana Vaporizer Market Worth $5.4 Billion, to Grow to $18 Billion by 2033
The global handheld marijuana vaporizer market was valued at $5.4 billion in 2023, and is projected to reach $18.1 billion by 2033, growing at a compound annual growth rate of 12.9% from 2024 to 2033. This is according to a new report conducted by Allied Market Research. The growth of the handheld marijuana is driven …
Aug 06 2024
Rhode Island: More Recreational Marijuana Sold in July than Any Previous Month
July broke the monthly record for recreational marijuana sales in Rhode Island. According to the Rhode Island Department of Business Regulations, there was $8.04 million worth of recreational marijuana sold in July, in addition to $2.04 million in medical marijuana sales. Although the combined $10.08 falls narrowly short of the record-setting $10.20 million sold in …