Nov 13 2024
A sweeping cannabis legalization bill was prefiled in the Texas House of Representatives yesterday by State Representative Jessica Gonzalez, seeking to authorize and regulate the cultivation, sale, and use of cannabis for those 21 and older. House Bill 1208 proposes a legal framework for managing various aspects of the cannabis industry, from licensing and taxation …
Nov 12 2024
Connecticut marijuana sales saw an uptick from September to October, rising to just above $24 million. According to the Connecticut Department of Revenue Services, there was $24,055,147 worth of marijuana and marijuana products sold legally in October, a slight jump from the $23,445,921 sold in September. October’s sales are similar to the $24.8 million sold …
Nov 11 2024
In last week’s election, Baltimore voters overwhelmingly approved a measure to establish a city fund aimed at compensating communities disproportionately impacted by past cannabis arrests and prosecutions. The charter amendment, known as Question G, passed with 76% of voters in favor and 24% opposed. Question G allows Baltimore to tap into state funds generated by …
Nov 11 2024
Following last week’s election, Democrats in the Pennsylvania House of Representatives retained a one vote majority. Now, Majority Leader Matt Bradford (D) says that he expects the House to see some movement on legislation to legalize recreational marijuana. In September, a bipartisan coalition of 17 House members introduced a comprehensive, bipartisan marijuana legalization bill. Under …
Nov 11 2024
The global CBD gummies market was valued at $1.88 billion in 2024 and is projected to reach from $2.44 billion in 2025 to $19.93 billion by 2033, according to a new report. The report from Straits Research predicts that the market will grow at a compound annual growth rate (CAGR) of an eye-opening 30% during …
Nov 11 2024
With the 2024 election behind us, it’s clear that no new state will be legalizing recreational marijuana this year. But there’s always hope for next year! Currently 24 states have laws allowing for the possession and use of recreational marijuana, with all but Virginia also allowing licensed sales. Below is a look at the three …
Nov 10 2024
In October, Arizona’s marijuana industry generated $25,496,330 in tax revenue. This brings the state’s year-to-date total to approximately $235 million, with the all-time total nearing $1 billion at $993,703,867 since the state legalized marijuana. October marked the 35th consecutive month of marijuana tax revenue surpassing $20 million. According to the Arizona Department of Revenue, the …
Nov 09 2024
Montana marijuana sales saw a slight increase from September to October, though totals for both months were nearly the same. There was $27,728,562 worth of marijuana sold legally in October, which includes marijuana products such as edibles and concentrates, according to data released by the Montana Department of Revenue. This is nearly identical to the …
Nov 08 2024
Legal marijuana sales in Maine experienced a slight drip from September to October, but remained steady at over $20 million. According to the Maine Office of Cannabis Policy, licensed marijuana stores sold $20,839,409 worth of product, which includes dried marijuana flower as well as a variety of marijuana products including edibles, concentrates and topicals. Sales …
Nov 07 2024
According to a new study being published in the December issue of the journal Exploratory Research in Clinical and Social Pharmacy, cannabis use can lead to “an important improvement in pain, quality of life, and sleep habits” among those with fibromyalgia. Conducted by researchers rom the University of Antioquia in Colombia and the University of …
