Study: Medical Marijuana Laws Significantly Reduce Health Insurance Premiums

Legalizing medical marijuana reduces the cost of health insurance, according to a new peer-reviewed study.

Titled simply Medical cannabis laws lower individual market health insurance premiums, the study is being published in the September issue of International Journal of Drug Policy, and it was published online ahead of print by the National Library of Medicine. It was conducted by researchers at Bowling Green State University, Illinois State University and Eastern Michigan Green State University.

For the study researchers examined “whether cannabis legalization significantly impacts aggregate health insurer premiums in the individual market.”
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More Illinois Marijuana Workers Vote to Unionize

Just a few weeks after unions declared victory at marijuana businesses in Illinois and New Jersey, workers at two additional Illinois dispensaries have voted overwhelmingly to ratify their first collective bargaining agreements with Teamsters Local 777.

According to a press release cannabis consultants and agents-in-charge at two dispensaries operated by Zen Leaf, a subsidiary of Verano, have both voted overwhelmingly to ratify their first collective bargaining agreements with Teamsters Local 777.

“Trade unionism is a full contact sport, and just like anything you train for, you get out of it what you put into it,” said Jim Glimco, Local 777 President. “The workers at the Pilsen and Lombard locations worked incredibly hard and demonstrated remarkable tenacity, and that’s why they both secured great collective bargaining agreements for themselves.”
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South Dakota Initiative to Legalize Marijuana Advances

An initiative campaign aiming to legalize marijuana in South Dakota has cleared a bureaucratic hurdle  necessary to begin collecting signatures.

South Dakota Attorney General Marty Jackley has released a draft ballot explanation for an initiative that would make legal marijuana a constitutional right for those 21 and older. Proponents of the measure must collect 17,509 signatures from registered South Dakota voters in order to put the issue before voters in November, 2024.

Under the proposed law, the possession of up to two ounces of marijuana and the cultivation of up to six plants would be allowed for those 21+. Marijuana use would be restricted “where tobacco is prohibited”.
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Study: Marijuana Users About Half as likely to Develop Type 2 Diabetes

According to a study published in the journal Phytotherapy Research, adult marijuana users are considerably less likely than non-consumers to develop type 2 diabetes. type 2 diabetes marijuana

For the study researchers from the Tabriz University of Medical Science conducted a meta-analysis covering more than 478,000 subjects. The study was conducted “to evaluate the association between cannabis use and type 2 diabetes mellitus (T2DM).”

Randomized control trials, cohort, and case-control studies investigating the relationship between cannabis consumption and diabetes mellitus type 2 were included.
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Alabama Voids Medical Marijuana Licenses, Issues 24 New Licenses

In June the Alabama Medical Cannabis Commission announced the 21 companies selected to receive medical marijuana licenses. Now the state has voided those licenses before they were officially issued, while announcing the issuance of a new batch of licenses.

alabama medical marijuana

The Commission announced that they are issuing licenses to 24 companies, including seven cultivators (three more than in June). Of the 24 licenses, 19 were part of the original batch awarded licenses in June.

Commission Chair Rex Vaughn says he’s hopeful that dispensaries could be open by the end of the year, saying “I think it’s still realistic we can get there but that also depends on litigation that we may have in front of us and we can’t foresee that. But right now we have the green light to move forward and we’re very thankful that we’re in this place and we had today to regroup.”
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Study: Cannabidivarin (CBDV) May Help Prevent Neurobehavioral Alterations From Fragile X Syndrome

The marijuana compound cannabidivarin (CBDV) has therapeutic potential for preventing neurobehavioral alterations associated with Fragile X syndrome, according to new research.

Cannabidivarin

Cannabidivarin.

The research is published in the peer-reviewed journal Cells, with the title Early Administration of the Phytocannabinoid Cannabidivarin Prevents the Neurobehavioral Abnormalities Associated with the Fmr1-KO Mouse Model of Fragile X Syndrome. The study was conducted by researchers at the University of Brescia in Italy,  SUNY Downstate Medical Center in New York City, the University of Bordeaux in France and Jazz Pharmaceuticals in the UK.

“Phytocannabinoids, including the non-addictive cannabis component cannabidivarin (CBDV), have been reported to hold therapeutic potential in several neurodevelopmental disorders (NDDs)”, states the study’s abstract. “Nonetheless, the therapeutic value of phytocannabinoids for treating Fragile X syndrome (FXS), a major NDD, remains unexplored. ”
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Michigan: Over $275 Million in Legal Marijuana Sold in July, New Monthly Record

In July a record-breaking $276 million in legal marijuana was sold in Michigan.

According to a new report by the Michigan Cannabis Regulatory Agency, the state sold $276,746,264.07 worth of legal marijuana and marijuana products in July. This includes dried marijuana flower and shake, as well as marijuana products such as concentrates (hash, oil, etc.), edibles, tinctures and topicals.

The sales in July mark a considerable increase from the $260.8 million sold in June and the $245 million sold in May.
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Arizona: Nearly $24 Million in Taxes Made From Legal Marijuana Sales in June, $149 Million Year-to-Date

Arizona garnered just shy of $24 million in tax revenue in June from legal marijuana sales.

According to data released by state officials, Arizona made $23,874,588 in tax revenue from the distribution of marijuana via licensed retail outlets. This is a considerable decrease from the $28.4 million made in May, but roughly on par with the $24.8 million and $23.4 million made in April and March, respectively. In February marijuana tax revenue was $23.2 million, with the state bringing in $25.1 million in January.

The year-to-date revenue from marijuana sales is now around $149 million. The total since the start of legal marijuana sales in February, 2021 is $613.5 million.
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Israel Health Ministry Expanding Access to Medical Marijuana

Regulators in Israel have announced new changes that will greatly expand access to medical marijuana for patients.

Israel’s Health Ministry announced Tuesday a “comprehensive reform” of the nation’s medical marijuana laws. It said that the changes are designed to significantly reduce regulations, improve supervision of production and to transfer more responsibility to cannabis farmers.

Arguably the most impactful change will allow physicians to prescribe cannabis to patients as a first-line treatment, removing the requirement that it be used only as a “last resort”. Under current law doctors must try other medicines such as opioids before they can prescribe marijuana.
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Connecticut: $23 Million in Marijuana Sold Legally in July

July marijuana sales in Connecticut were almost identical to the record-breaking total for June.

According to the Connecticut Department of Consumer Protection, there was $23,627,729.22 worth of marijuana and marijuana products sold legally in July. This is close to the record-breaking $23,906,583 sold in June. There was $22.7 million sold in May.

The total amount of marijuana sold since the start of legal recreational marijuana sales in January of this year now stands at almost $150 million.
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