A resolution (Senate Joint Resolution 5) encouraging the federal government to approve the SAFER Banking Act has been scheduled for a public hearing in the Montana. The hearing will take place on Thursday, January 16, at 8:30 a.m. in Room 422 of the Business, Labor, and Economic Affairs Committee. The resolution, if passed, would officially …
Category: News
Jan 13 2025
Nine Washington State Senators Introduce Bill to Legalize Psilocybin for Therapeutic Use
A group of Washington State lawmakers, led by Senator Jesse Salomon, has introduced Senate Bill 5201, which would legalize the use of psilocybin for therapeutic purposes. The bill, backed by eight cosponsors, has been referred to the Senate Health & Long-Term Care Committee for further consideration. If enacted, the legislation would establish a regulated framework …
Jan 13 2025
Brian Cuban, Mark Cuban’s Brother, to Represent CBIH in DEA Marijuana Rescheduling Hearing
Cannabis Bioscience International Holdings (CBIH) announced today that Brian Cuban, Esq., a distinguished attorney, best-selling author, and mental health advocate, has officially joined the Reclassification Team and will play a crucial role in representing CBIH at the upcoming DEA hearings on marijuana rescheduling. Brian Cuban, the younger brother of entrepreneur Mark Cuban, “brings a unique …
Jan 13 2025
Study: Cannabidiol Found to Alleviate Intestinal Fibrosis in Ulcerative Colitis
A study published in the Journal of Inflammation Research reveals that cannabidiol (CBD) has therapeutic potential for combatting intestinal fibrosis in ulcerative colitis. For the study, researchers from Jiamusi University, Tianjin First Central Hospital, and Nankai University in China investigated the effects of CBD on in an animal model, utilizing various techniques such as enzyme-linked …
Jan 13 2025
Legal Marijuana Sales in 2024 Surpass $22 Billion Across 20 States, Led by California and Michigan
In 2024, states that allow licensed recreational marijuana sales combined to sell over $20 billion in product. According to an analysis by The Marijuana Herald, which utilized data from state regulatory agencies and the research firm Headset, legal marijuana states sold $23.2 billion in product throughout 2024, with California and Michigan leading in sales. The …
Jan 12 2025
Study: Combining Bixa Orellana and Cannabis Demonstrates Effective Pain Relief
A new study from Universidade Federal do Amapá in Brazil reveals that combining extracts from Bixa orellana (also known as achiote) and cannabis significantly reduces pain in experimental models. The findings, published in the journal Pharmaceuticals, suggest that these formulations could provide a powerful option for managing pain. “The present study aimed to evaluate the …
Jan 12 2025
Study Finds Early Cannabis Use Does Not Increase Risk of Substance Abuse
A new systematic review published in the journal Addictive Behaviors challenges the longstanding claim that cannabis acts as a gateway drug to other substances. Researchers from the University of Montreal, The University of Queensland, and McGill University conducted an extensive analysis of prospective studies to explore the relationship between the age of cannabis use onset …
Jan 11 2025
Colorado Garnered $255 Million in Marijuana Taxes in 2024, Over $2.8 Billion Since 2014
In December, Colorado garnered over $19 million in marijuana tax revenue, bringing 2024’s total to over a quarter billion. According to data released today by the Colorado Department of Revenue, the state made $19,141,932 in taxes from December’s roughly $95 million in sales. This brings the total for 2024 to $255,364,952. The all-time total since …
Jan 11 2025
Study Finds Cannabinoid-Based Supplement Reduces Pain and Improves Life for Dogs With Osteoarthritis
A new study has revealed the potential of a cannabinoid-based dietary supplement, Pain ReliefTM, to significantly alleviate chronic pain and improve the quality of life in dogs suffering from osteoarthritis. Conducted by researchers from Columbia University, the University of Naples Federico II, and the University of Milano, the study was published in the peer-reviewed journal …
Jan 11 2025
Dallas Police Now Prohibited from Arresting for Possession of Four Ounces or Less of Marijuana, Odor No Longer Probable Cause for Searches
Dallas Police Department officers are now under new guidelines regarding marijuana possession enforcement In November, Dallas voters overwhelmingly approved Proposition R, which decriminalizes the possession of up to four ounces of marijuana. Now, Dallas officers are no longer allowed to make arrests or issue citations for marijuana possession up to four ounces, according to a …