Oct 15 2024
A California judge has temporarily upheld a comprehensive statewide ban on most consumer hemp products containing THC. On Friday, Superior Court Judge Stephen Goorvitch denied a request from the hemp industry for a temporary restraining order (TRO) against the restrictions, which were put in place by Governor Newsom last month. These regulations prohibit the sale …
Oct 15 2024
A recent literature review published in the journal Cells by explores the multifaceted therapeutic effects of cannabidiol (CBD) on the gastrointestinal (GI) system. This non-psychotropic compound, found in Cannabis sativa, has demonstrated promising modulatory effects across various bodily systems, including the central nervous and immune systems. The review, conducted by researchers from the University of …
Oct 15 2024
A new report released today by Whitney Economics (WE) highlights the significant financial needs of the U.S. cannabis industry, projecting that between $65.6 billion and $130.7 billion in sustainable growth capital will be necessary to support new cannabis businesses and refinance existing ones over the next decade. This investment could generate an estimated $1.0 billion …
Oct 15 2024
The U.S. Supreme Court held a hearing today to deliberate on a case involving a truck driver, Douglas Horn, who was fired after testing positive for THC following the use of a hemp-based CBD product. Horn claims the product, marketed as containing “0% THC” by companies including Medical Marijuana Inc. and Dixie Holdings LLC, led …
Oct 15 2024
For the second month in a row, Vermont has broken its record for legal marijuana sales. In August, legal outlets sold $12.87 million worth of marijuana and marijuana products, according to the state’s Department of Taxes, generating $1.80 million in tax revenue. This marks a slight increase from the previous record of $12.27 million in …
Oct 14 2024
The November 5, 2024 election is just weeks away, and it’s shaping up to be a pivotal moment for marijuana law reform across the U.S. With the election fast approaching, several states are preparing to weigh in on initiatives that could drastically change their marijuana laws. Below is a breakdown of these states, with a …
Oct 14 2024
Researchers from Ahvaz Jundishapur University of Medical Sciences in Iran have discovered that cannabidiol (CBD) can significantly reduce kidney damage caused by arsenic exposure in mice. Published in the peer-reviewed journal Research in Pharmaceutical Sciences, the study explored how CBD influences specific pathways involved in oxidative stress, inflammation, and cell death, particularly the NOX4 and …
Oct 14 2024
A large-scale study involving over 100,000 participants has found that maternal marijuana use during early pregnancy is not associated with an increased risk of offspring developing attention deficit hyperactivity disorder (ADHD) or disruptive behavior disorders (DBD). The study, titled Prenatal Cannabis Use and Offspring Attention Deficit Hyperactivity Disorder and Disruptive Behavior Disorders: A Retrospective Cohort …
Oct 14 2024
In Michigan, there was over $265 million worth of marijuana and marijuana products sold legally in September, despite a significant drop in prices from the previous year. There was a total of $266,883,894 in legal marijuana sold in September, with just 1% purchased by medical marijuana patients, according to the Michigan Cannabis Regulatory Agency. Although …
Oct 14 2024
The global size of the marijuana packaging market is predicted to increase from $3.49 billion in 2025 to approximately $22.10 billion by 2034, according to a study published by Towards Packaging, a sister firm of Precedence Statistics. The market was estimated at $2.85 billion in 2024 and is projected to expand at a double-digit CAGR …
