Mar 12 2024
Colorado made $22,002,884 in taxes from the licensed distribution of marijuana, according to data compiled and released by the Colorado Department of Revenue. This marks a slight increase over the $21.5 million sold in January, despite February have two fewer days.
The yearly total for marijuana taxes in Colorado is now $43,549,755, while all-time tax revenue is now at $2,661,707,488
Continue reading
Mar 12 2024
Dried psilocybin.
The House Health & Human Services Committee has voted 8 to 2 to pass Senate Bill 1570, which has already been approved by the full Senate in a 24 to 4 vote. If the measure passes the full Senate, it will be sent to Governor Josh Green for consideration.
If enacted into law, the measure would legalize psilocybin therapy centers where individuals can legally consume psilocybin in a medical, supervised setting, with trained staff constantly available. Licensing for these centers would be handled by the Department of Human Services (DHS).
Continue reading
Mar 12 2024
The letter was signed by Congressmembers Earl Blumenauer (D-OR) and Andy Harris (R-MD), and sent to Xavier Becerra, Secretary of the US Department of Health and Human Services (HHS) and Anne Milgram, Chief Administrator of the Drug Enforcement Administration (DEA).
“President Biden signed our Medical Marijuana and Cannabidiol Research Expansion Act (Public Law No. 117-215) into law on December 2, 2022 – representing a historic breakthrough in addressing the federal government’s misguided restriction of research on the impacts of cannabis”, begins the letter. “At a time when more than half of Americans reside in a place where adult-use of cannabis is legal at the state or local level, and there are four million registered medical marijuana users with many more likely to self-medicate, it is essential that we are able to fully study the impacts of cannabis use.”
Continue reading
Mar 11 2024
Governor Maura Healey (photo credit: Steven Senne/Associated Press).
Specific details of the plan will be announced at a Wednesday press conference. What we do know is that the pardons will cover charges related to possessing up to an ounce of marijuana, which was legalized in 2016.
Under Massachusetts marijuana law, those 21 and older are allowed to possess up to an ounce of marijuana and cultivate up to six plants for personal use. The first licensed marijuana store opening in 2018.
Continue reading
Mar 11 2024
In February Virginia lawmakers passed legislation to legalize the licensed distribution of recreational marijuana, with sales beginning May 1, 2025. Today, the measure was delivered to Governor Youngkin, who now faces an April 8 deadline to decide how he’s going to approach the measure. Governor Youngkin has the option of signing it into law, vetoing it, or allowing it to become law on April 9 without a signature.
Under the proposed law, those 21 and older would be allowed to purchase up to 2.5 ounces of dried marijuana per transaction from a licensed marijuana store. They could also purchase up to 100mg of THC in edible form.
Continue reading
Mar 11 2024
Washington DC legalized recreational marijuana in 2014. However, due to a provision passed by US Congress each year since then, licensed marijuana stores are unable to open in the district; although medical marijuana dispensaries are allowed.
Now, President Biden has released his Fiscal Year 2025 draft budget, and it again incudes a provision by Congressmember Andy Harris (R-MD) that prevents DC from allowing marijuana sales. Biden’s inclusion of the provision isn’t incredibly surprising, given he’s included it in each of his past budget requests. However, proponents of marijuana law reform were hopeful that Biden could finally propose removing the provision, especially fresh of becoming the first US President to promote marijuana reform during a State of the Union address.
Continue reading
Mar 11 2024
According to the Connecticut Department of Consumer Protection, there was $15,049,229 in recreational marijuana sold in February, in addition to $8,627,769 in medical marijuana sales. The combined total of $23,676,998 is lower than the $24,990,207 made in January, although the per day average is higher; $816,448 compared to $806,135
Total sales for 2024 now stand at just shy of $50 million In 2023, the yearly total came to $274 million, averaging $22.8 million a month.
Continue reading
Mar 11 2024
Despite calls from the Biden Administration to reschedule marijuana, including a recommendation from the Department of Health and Human Services (HHS) to reschedule marijuana to Schedule III, officials at the DEA remain opposed to – or are at least skeptical of – rescheduling marijuana. This is according to reporting by the Wall Street Journal.
Citing anonymous sources “familiar with the matter”, the report states that some top DEA officials are disputing HHS’s scientific analysis of marijuana. The analysis by HHW came to the conclusion that since marijuana has known medical value, it should not remain a Schedule I drug, and instead should be moved to Schedule III which would legalize it for prescription use nationwide.
Continue reading
Mar 10 2024
Washington’s Legislature approved multiple marijuana-related bills this legislative session, sending them to Governor Inslee for consideration. Inslee has the option of signing them into law, allowing them to become law without a signature, or vetoing them.
According to an official with the Inslee Administration, although he is undecided on what action he will take for some of the marijuana-related bills passed by the legislature, his intent is to sign at least four of the bills into law in the coming days.
Continue reading
Mar 10 2024
Earlier this month Custom Cones USA announced what they call the “Ultimate Stoner Dream Job”. A week later, and the job remains open, although hundreds have applied.
“One full-time social media guru and event marketer will be chosen to earn $70,420 annually with bonuses, travel expenses, and other perks included as well”, says a press release by Custom Cones. “Applicants will also have the chance to be selected for one of many part-time dream jobs which will be similar to the full-time role, just with part-time work. The content creator’s role will depend on the type of content the applicant makes as well as the state they live in.”
Continue reading
