According to a new report from the US Department of Agriculture, the industrial hemp market experienced a sharp increase in 2024, with the total value of production reaching $445 million—a 40% increase from 2023. Driven largely by outdoor floral hemp production, the value of hemp grown in the open rose to $417 million, up 46% …
The States With the Most Progressive Cannabis Laws
As of April 20, 2025, 24 U.S. states have legalized recreational cannabis. However, the degree of progressiveness in these laws varies significantly. Factors such as possession limits, home cultivation rights, concentrate allowances, and the establishment of retail markets play crucial roles in determining how progressive a state’s cannabis laws are. Here, we analyze and highlight …
New Mexico: $49 Million in Legal Marijuana Sold Across 1.2 Million Transactions in March, $140 Million in Q1 2025
According to updated data from the New Mexico Regulation and Licensing Department, the state recorded $49.2 million in marijuana sales across 1.2 million transactions in March, bringing the 2025 total to $140 million. The state recorded $49,283,455.96 in total marijuana sales for the month, including $37,418,519.05 from adult-use sales and $11,864,936.90 from medical marijuana. So …
Texas Psychedelic Research Bill Scheduled for Public Hearing in House Public Health Committee on April 21
A bill mandating a statewide study on the therapeutic use of psychedelics for mental health treatment is set for a public hearing in Texas. House Bill 4014, introduced by State Representative John Bucy (R), is set to be heard by the House Public Health Committee on April 21 at 12:00 p.m. in room E2.030. The …
Clinical Trial: CBD Improves Naming Function in People With Parkinson’s Disease
A randomized, double-blind clinical trial conducted at Buriram Hospital in Thailand found that daily sublingual cannabidiol (CBD) was safe for individuals with Parkinson’s disease and led to improvements in naming ability, an important aspect of cognitive function. The trial included 60 Parkinson’s disease patients, evenly split between those receiving a CBD-enriched product and those given …
Study: Psilocybin-Assisted Therapy Shows Promise for Treating Alcohol and Tobacco Addiction
A new comprehensive review published in the journal Neuroscience & Biobehavioral Reviews finds growing evidence that psilocybin, the psychoactive compound in magic mushrooms, may help treat substance use disorders—especially alcohol and tobacco addiction—when combined with psychotherapy. The study was conducted by researchers from eight universities across five countries, including the NYU Grossman School of Medicine, …
Nevada Senate Approves Psychedelics Resolution With Overwhelming Bipartisan Support
The Nevada Senate voted 18 to 2 today to approve Senate Joint Resolution 10, a measure urging Congress to reschedule certain psychedelic compounds and expand research into their therapeutic use for treating mental health conditions. The resolution, backed by a broad coalition of 27 senators and assemblymembers, highlights growing evidence that substances such as psilocybin, …
Study: Cannabis-Based Medicines Improve Quality of Life in Patients With Treatment-Resistant Epilepsy
A new study published by the journal Brain and Behavior, and published online by the National Library of Medicine, found that cannabis-based medicinal products (CBMPs) may improve quality of life for individuals with treatment-resistant epilepsy. The study, conducted by researchers at Imperial College London and Kings College London, analyzed data from 134 patients enrolled in …
Massachusetts Cannabis Control Commission Offers Consumer Education For 4/20
The Massachusetts Cannabis Control Commission is releasing new educational materials ahead of this year’s 4/20 cannabis holiday – the seventh since the first adult-use stores opened in November 2018 – to help consumers aged 21 and older safely navigate the many regulated products sold by licensed retailers. The Commission’s 4/20 educational campaign includes a new video illustrating …
Report: Industrial Hemp Market in North America and Oceania to Surpass $7 Billion by 2030
The industrial hemp market in North America and Oceania is projected to grow rapidly over the next several years, with a new report estimating the market will reach $7.23 billion by 2030. This marks a compound annual growth rate (CAGR) of 20.5% from 2025 through the end of the decade, as demand for sustainable materials …
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