December Marijuana Sales Set New Record in Michigan

There was more legal marijuana sold in December in Michigan than any month prior, according to data released by the state.

According to the state, there was $135 million in recreational marijuana and marijuana products sold in December, a new record. There was an addition $33 million worth of medical marijuana sold.

The numbers “marked another high for the adult-use industry”, says Michigan Marijuana Regulatory Agency’s Executive Director Andrew Brisbo. “It’s good to note that the new high is not because of increasing prices. In fact, prices in medical and adult-use continue to drop, month over month, and year over year.”

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Study: Cannabinoids May Help Prevent and Treat Peanut Allergies

According to a new study epublished by the National Institute of Health, cannabinoids interfere with peanut sensitization and promotes tolerogenic responses, “which might well pave the way for the development of novel prophylactic and therapeutic strategies for peanut allergy.”

“Cannabinoids are lipid-derived mediators with anti-inflammatory properties in different diseases”, states the study’s abstract. “WIN55212-2, a non-selective synthetic cannabinoid [meant to mimic the effects of marijuana-derived THC], reduces immediate anaphylactic reactions in a mouse model of peanut allergy, but its capacity to prevent peanut allergic sensitization and the underlying mechanisms remains largely unknown.”

With this in mind, the purpose of this study was to “investigate the capacity of WIN55212-2 to immunomodulate peanut-stimulated human dendritic cells (DCs) and peanut allergic sensitization in mice.”

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Mississippi Senate Committee Votes to Legalize Medical Marijuana

Legislation that would establish a comprehensive medical marijuana program in Mississippi has been passed by a key senate committee.

The Senate Public Health and Welfare Committee voted today to pass Senate Bill 2095, which would allow those with a recommendation from a physician to possess and consume up to 3.5 grams of marijuana per day. It would allow patients to purchase the medicine from a licensed dispensary.

Governor Tate Reeves warned lawmakers prior to the vote that he would veto it if passes as-is, stating his concern that the 3.5 gram limit is too high. Lawmakers passed the measure anyway, in hopes of being able to override any potential veto (which can be accomplished through a 2/3rds vote of the legislature).

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Italy: Enough Signatures Collected to Put Marijuana and Magic Mushrooms Initiative to a Vote

Italy’s Supreme Court of Cassation has announced that proponents seeking to place the legalization of marijuana and magic mushrooms cultivation to a vote of the people have collected enough valid signatures to do so.

A few months after activists submitted over 600,000 signatures for an initiative that would legalize the personal cultivation of marijuana as well as other psychoactive plants and substances such as psilocybin mushrooms, the court verified that enough of these signatures were valid (from registered Italian voters) to allow the measure to move forward.

The initiative will now be sent to the Constitutional Court, which has the task of determining if the provisions of the measure meet legal muster (typically seen as a formality). The court will make a decision on February 15, and if approved the government will set a date in which the public will vote.

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Study: Marijuana Legalization Not Associated With an Increase in Traffic Fatalities

According to a new study published in the journal The Review of Regional Studies, neither the legalization of medical marijuana or recreational marijuana is associated with an increase in motor vehicle traffic fatalities.

For the study researchers studied the relationship between marijuana legalization and traffic fatalities over the 35-year period between 1985 and 2019. Although recreational marijuana wasn’t legal in any state until after 2012, medical marijuana was first legalized over 15 years prior. 18 states have now legalized recreational marijuana, while 36 have legalized the plant for medical purposes.

The study found that there was no changes in the rate of fatal motor vehicle crashes following the legalization of medical marijuana, nor were there changes after recreational marijuana was legalized.

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Legal Marijuana States Have Surpassed $10 Billion in Tax Revenue

A new report from the Marijuana Policy Project shows that legalization states reported a combined total of $10.4 billion in tax revenue since sales began in 2014

The Marijuana Policy Project has released a new report on tax revenue generated from state-legal, adult-use cannabis since 2014 when sales began in Colorado and Washington state. As of December 2021, states reported a combined total of $10.4 billion in tax revenue from legal, adult-use cannabis sales, with more than $3 billion reported in 2021 so far (states have not yet reported revenue totals for the last one to three months of the year).

The report includes the tax structure for each state, total revenue generated each year, and additional information about how the revenue is being distributed to public services and programs. The full report is available by clicking here.

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New Hampshire House Votes 241 to 113 to Legalize Marijuana

Legislation to legalize marijuana for those 21 and older has been passed overwhelmingly by the New Hampshire House of Representatives.

The Republican-led house voted yesterday 241 to 113 to pass a measure that would allow those 21 and older to possess, use and grow marijuana: Up to three-fourths an ounce and up to six plants (three which can be mature).

Unfortunately the measure, sponsored by Representative Carol McGuire, would not legalize licensed marijuana retail outlets, as is the case in all of the other 18 states that have legalized recreational marijuana. Still, the proposed law would remove both criminal and civil penalties for marijuana possession and cultivation, a major step in the right direction.

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Canada Eases Access to Psychedelic Drugs

Regulators in Canada have made the move to ease access to psychedelic drugs to allow for medical use under certain circumstances.

“There has been emerging scientific evidence supporting potential therapeutic uses for some restricted drugs, most notably psychedelic restricted drugs such as MDMA and psilocybin,” said Health Canada in a posting on the Canada Gazette.

Under the new amendment to federal food and drug regulations, doctors throughout Canada will have the option to request access to restricted psychedelic drugs on behalf of their patients through Health Canada’s Special Access Program.

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Illinois Marijuana Sales Doubled in 2021 to $1.38 Billion

In Illinois marijuana sales in 2021 doubled that of the previous year and easily surpassed the $1 billion mark.

According to new data released by the Illinois Department of Financial and Professional Regulations (IDFPR), there was $1,379,088,278.61 in legal recreational marijuana and marijuana products sold in 2021 throughout the state. This doubles the $669 million sold in 2020, which was the first year of legal sales for the state.

The biggest individual month for legal marijuana sales in Illinois in 2021 was December, with over $137 million sold. December was also the top month for 2020, with sales a little above $86 million.

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Colorado Governor Pardons Hundreds for Marijuana Offenses

Colorado Governor Jared Polis began the new year by issuing hundreds of pardons for those caught possessing up to two ounces of marijuana.

Governor Jared Polis announced last week that he has granted three commutations, fifteen individual pardons, and signed an Executive Order granting 1,351 pardons for convictions of possession of two ounces or less of marijuana.

Governor Polis signed House Bill 2021-1090 on May 20, 2021, increasing the amount of marijuana that adults 21 and older in Colorado can legally possess from one ounce to two ounces. This bill builds on precedent set by Amendment 64 passed in 2012 and the bipartisan House Bill 20-1424, which authorized the Governor to grant pardons to a class of defendants who were convicted of the possession of up to two ounces of marijuana.

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