The push for federal legislation to enable marijuana banking has gained substantial momentum, now boasting a combined total of 165 bipartisan sponsors across both chambers of Congress. In the House of Representatives, the SAFE Banking Act (H.R. 2891) has 128 sponsors, comprising 101 Democrats and 27 Republicans, making it the most supported marijuana-related bill in …
Category: News
Jul 15 2024
Trump Selects Ohio Senator J.D. Vance as Vice Presidential Candidate: Where He Stands on Marijuana Reform
Former President Donald Trump has chosen Ohio Senator J.D. Vance as his vice president running mate for the 2024 presidential election. Trump announced the choice today at the Republican National Convention. J.D. Vance, a Republican known for his conservative values, has shown skepticism about fully legalizing marijuana at the federal level, citing concerns about potential …
Jul 15 2024
New Study Finds CBD Oil Improves Symptoms in Children with Moderate to Severe Autism
A new study published in the journal Pharmaceuticals has found that high-CBD, full-spectrum cannabis extract can improve the symptoms of moderate to severe non-syndromic Autism Spectrum Disorder (ASD) in children and adolescents. The study, titled “Clinical and Family Implications of Cannabidiol (CBD)-Dominant Full-Spectrum Phytocannabinoid Extract in Children and Adolescents with Moderate to Severe Non-Syndromic Autism …
Jul 15 2024
It’s the Final Week to Submit Comments on the DEA’s Marijuana Rescheduling Proposal
There’s now just one week remaining in the legally required 60-day public comment period regarding the Drug Enforcement Administration’s (DEA) proposal to reschedule marijuana. The DEA published their proposal in the Federal Register on May 21, which officially launched the public comment period. There is now just seven days remaining before the comment period closes …
Jul 15 2024
June Marijuana Sales in Rhode Island Reach $9.68 Million, Boosting 2024 Total to Over $58 Million
In June, Rhode Island’s marijuana sales continued to climb, reaching $9.68 million, a slight increase from the $9.16 million recorded in June of the previous year. According to the Rhode Island Department of Business Regulations, June’s sales included $7.65 million from recreational marijuana and $2.03 million from medical marijuana. The average transaction amount for June …
Jul 14 2024
Every Marijuana Bill Currently Alive in the US Congress
Here’s an overview of all the marijuana-related bills currently under consideration in the United States Congress. Per congressional rules, any marijuana-related bill introduced before January 2023 is now inactive. Bills filed on or after January 2023 will become inactive (if not enacted into law) before the next legislative session in January 2025. Legislators have the …
Jul 14 2024
US Senate Bill Filed to Restrict Marijuana Use Consideration in Job and Security Clearance Decisions
Legislation to “limit the consideration of marijuana use when making an employment suitability or security clearance determination” has been filed in the United States Senate. Senate Bill 4711 was filed on Thursday by Senator Gary Peters. It’s been assigned to the Homeland Security and Government Affairs Committee. The legislation prohibits a federal agency from considering …
Jul 14 2024
New Hampshire Governor Signs Bill Adding Anxiety as Medical Marijuana Condition
On Friday, New Hampshire Governor Chris Sununu signed into law legislation that expands the state’s list of qualifying medical marijuana conditions. Governor Sununu has signed House Bill 1349 into law. The measure was filed in December by State Representative Heath Howard (D). The measure adds “generalized anxiety disorder” to the state’s list of qualifying medical …
Jul 13 2024
Arizona Collects Nearly $150 Million in Marijuana Taxes in First Half of 2024
Arizona marijuana sales generated nearly $150 million in tax revenue between January and June of this year. Licensed marijuana sales resulted in $23,640,670 in taxes in June, bringing the year-to-date total to $145,971,892. The all-time total marijuana tax revenue since the start of legal marijuana sales in 2021 is now $903,443,181, putting it on track …
Jul 12 2024
The 5 States Next in Line to Legalize Psilocybin
Psilocybin, the psychoactive compound found in “magic mushrooms”, is gaining traction across the United States as more states consider its legalization for medical and therapeutic purposes. Following the footsteps of Oregon and Colorado, several states are now moving towards legalizing psilocybin. Here are the five states next in line to potentially legalize psilocybin.