Jan 23 2024
Legislation dedicating a 32% share of Washington’s cannabis excise tax revenue to counties and cities for hiring police and other “criminal justice purposes” has been advanced out of its initial Senate committee. The Senate Committee on Labor & Commerce voted yesterday to move Senate Bill 6272 to the Ways and Means Committee “without a recommendation”. …
Jan 23 2024
The United States Department of Justice (DOJ) has officially filed a motion to dismiss a lawsuit challenging the government’s prohibition on marijuana. Yesterday we reported that the DOJ filed documents with the U.S. District Court for the District of Massachusetts declaring that it will be seeking to dismiss the lawsuit prior to the court-appointed deadline …
Jan 23 2024
The marijuana compound cannabidiol (CBD) showed strong antimicrobial effects in a newly published study. The study will be published in the upcoming issue of the journal Cannabis and Cannabinoid Research, with the abstract published online ahead of print by the US National Library of Medicine. The study is titled Antimicrobial Effect of Cannabidiol on Intracellular …
Jan 23 2024
The States Reform Act has received a new committee assignment, roughly three months after being filed. The States Reform Act (House Bill 6028) was filed by Representative Nancy Mace (R-SC) in October, cosponsored by Representatives Tom McClintock (R-CA), Matt Gaetz (R-FL), David Trone (D-MD) and Dean Phillips (D-MN). The latter is currently running against President …
Jan 23 2024
The global market for cannabis testing services is expected to grow at a Compound Annual Growth Rate (CAGR) of 14.23% between 2023 and 2030, according to a new report. The report, conducted by Persistence Market Research, found the market to be worth $1.7 billion as of the end of 2023. The report anticipates the market …
Jan 23 2024
The National Association of State Departments of Agriculture (NASDA) is urging members of Congress to significantly increase the amount of THC allowed in legal hemp. In 2018 federal lawmakers legalized the cultivation of hemp throughout the United States via a provision in a federal farm bill. The provision states that hemp cannot contain more than …
Jan 22 2024
According to a new study the use of cannabidiol (CBD) may be effective in mitigating stress in dogs who have to routinely travel via motor vehicle. The study, titled Daily dosing of cannabidiol (CBD) demonstrates a positive effect on measures of stress in dogs during repeated exposure to car travel, was published in the Journal …
Jan 22 2024
According to a motion filed by the United States Department of Justice, they are seeking to have a lawsuit dismissed that would protect businesses following state marijuana laws. In a motion filed with the U.S. District Court for the District of Massachusetts in the case CANNA PROVISIONS, Gyasi Sellers, Wiseacre Farm, Verano Holdings, v. Merrick …
Jan 22 2024
Florida Governor Ron DeSantis in recent remarks said that a marijuana legalization initiative will be on this November’s ballot, giving indication that he believes an effort by the state’s attorney general to block the vote will be rejected by the Florida Supreme Court. Last year the Florida Division of Elections confirmed that the Smart & …
Jan 22 2024
Licensed marijuana stores sold nearly $70 million worth of marijuana in October, garnering the state nearly $10 million in tax revenue. Legal marijuana sales were $67,921,099 in October throughout Nevada, according to the Nevada Department of Taxation. This resulted in the state bringing in $9,978,856 in marijuana tax revenue. Total tax revenue for the fiscal …
