Category: News

Florida Senate Bill Filed to Protect Parental Rights of Medical Marijuana Patients

State Senator Tina Polsky (D), Vice Chair of the Appropriations Committee on Transportation, Tourism, and Economic Development, filed Senate Bill 146 today, aiming to protect the parental rights of qualified medical marijuana patients in Florida. The proposed legislation would amend section 39.806 of the Florida Statutes to prohibit courts from denying or restricting a parent’s …

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U.S. 5th Circuit Court of Appeals Again Rules Prosecuting Marijuana Users for Gun Possession Violates Second Amendment

The U.S. Court of Appeals for the 5th Circuit has once again ruled that prosecuting individuals for gun possession based solely on marijuana use violates the Second Amendment. This decision, issued by a three-judge panel, reverses the conviction of Patrick Darnell Daniels Jr., a Mississippi resident sentenced to nearly four years in prison under 18 …

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Maine Marijuana Sales Pass $20 Million in December, Bringing 2024 Total to Over $240 Million

In Maine, the over $20 million in legal marijuana sold in December brought the total for 2024 to above $240 million. There was $20,154,122 worth of legal marijuana sold in December in Maine, including $11.28 million in “usable cannabis” (flower, pre-rolls and shake/trim), $5.6 million in concentrates and $3.25 million in infused products (edibles, drinks, …

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FLUENT Unveils Bag-O, a New Value Brand for Florida Medical Marijuana Patients, Launching Today

Cansortium Inc., a vertically integrated, multi-state cannabis company operating under the FLUENT brand, today announced the launch of Bag-O, a new value-focused line of premium cannabis flower, available to Florida medical marijuana patients starting today, January 7. “With an emphasis on quality and affordability, Bag-O offers patients access to cannabis at competitive prices, expanding FLUENT’s …

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Nevada: $800 Million in Legal Marijuana Sold in 2024, $120 Million in Taxes Garnered

Nevada had another strong year of legal marijuana sales, topping $800 million for the third straight year. Data from the Nevada Cannabis Information Portal shows that there was $636,604,252 worth of marijuana sold legally in Nevada between January and September. According to the research firm Headset, the state sold an additional $165,276,918 between October and …

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Cannabis Testing Market to Grow in Value From $2.5 Billion in 2024 to $12 Billion in 2034

The global cannabis testing services market is projected to expand from $2.5 billion in 2024 to over $12 billion by 2034, reflecting a robust compound annual growth rate (CAGR) of 17.26%. This growth is fueled by the increasing legalization of cannabis worldwide, heightened awareness of safety and quality standards, and advancements in testing technologies, according …

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Clinical Trial: Psilocybin Shows Sustained Benefits in Treating Depression Over Six Months

A phase 2 clinical trial published in eClinicalMedicine and the US National Library of Medicine shows that psilocybin may be effective in treating severe depression. The study, conducted by researchers from Imperial College London, University of California San Francisco, Johns Hopkins School of Medicine, and McGill University, involved 59 participants. Patients were randomly assigned to …

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Report: Hemp-Derived CBD Market Valued at $9.6 Billion, to Grow to $46 Billion by 2034

The global hemp-derived cannabidiol market size was estimated to be $8.28 billion at the end of 2023, growing to nearly $10 billion to end 2024, according to a new report. The report by Research and Markets found that the global CBD market is expected to reach $46.25 billion by 2034 with a compound annual growth …

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University of Illinois Springfield Launches Five Online Cannabis Career Certificate Programs

The University of Illinois Springfield (UIS) has partnered with Green Flower, a leading cannabis education provider, to launch five online certificate programs aimed at preparing individuals for careers in the rapidly expanding marijuana industry. These programs, which span six months, are designed to be completed entirely online, allowing participants to balance their education with other …

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Oklahoma Medical Marijuana Sales Top $715 Million in 2024, Garnering Over $80 Million in Taxes

Oklahoma medical marijuana dispensaries sold over $715 million worth of product in 2024, garnering the state tens of millions in tax revenue. According to date released by the Oklahoma Medical Marijuana Authority (OMMA), the state garnered $24.5 million from a 7% excise tax on medical marijuana sales in the second half of 2024, adding to …

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