The Marijuana Herald

Nov 20 2023

Missouri: $113 Million in Legal Marijuana Sold in October, Year-to-Date Sales Pass $1 Billion

By Anthony Martinelli in News

For the ninth straight month there was over $100 million in legal marijuana sold in Missouri.

In total there was $113.1 million in marijuana and marijuana products sold legally in Missouri in October. $95.5 million of this was purchased for recreational use, with the remaining $17.6 million purchased by medical marijuana patients.

Sales totals for October were around $4 million lower than the total for September. The year-to-date total for marijuana sales in Missouri is now approximately $1.1 billion.
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Nov 20 2023

New Hampshire Governor Says Marijuana Legalization is “Inevitable”

By Anthony Martinelli in News

It’s “inevitable” that marijuana will be legalized in New Hampshire, according to Governor Chris Sununu (R).

When asked at a recent event about the state potentially legalizing marijuana, Governor Sununu said they are “looking at that”, before saying “that it is inevitable.”

In April New Hampshire’s House of Representatives voted 272 to 109 to pass a bill that would have legalized recreational marijuana for everyone 21 and older. The bill, introduced by Majority Leader Jason Osborne (R) and Minority Leader Matthew Wilhelm (D), failed to advance in the Senate.
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Nov 20 2023

US Senate Leader Says Chamber is “Getting Close” to Vote on Federal Marijuana Banking Act

By Anthony Martinelli in News

Senate Majority Leader Chuck Schumer, who vowed in September that a federal marijuana banking act will be voted on “very soon”, said in a recent interview the chamber is “getting close” to a vote.

The SAFER Banking Act passed the Senate Committee on Banking, Housing and Urban Affairs in September. It is now sponsored by 34% of the entire US Senate and 56% of all Democrats. The measure would allow banks and other financial institutions to provide services to marijuana businesses that are legal under their state’s law.

In a recent interview with Yahoo News. Schumer said that the Senate is “getting close” to a vote on the SAFER Banking Act. The holdup? Schumer is waiting to secure “10 or 11 Republican votes”, given the measure needs 60 votes to pass. Schumer believes that the chamber is “going to get there”, but he’s currently short by a couple votes.
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Nov 20 2023

Snoop Dogg Confirms He is Not Giving Up Marijuana, Announces Promotion of “Smokeless” Stove

By Anthony Martinelli in News

Roughly four days after Snoop Dogg says he “Decided to give up smoke”, setting media ablaze, Snoop has clarified his statement.

Last week on Instagram Snoop Dogg made a post stating “After much consideration & conversation with my family, I’ve decided to give up smoke. Please respect my privacy at this time.”

This led to a plethora of media articles, many claiming Snoop Dogg is quitting cannabis, with others speculating about what it could really mean (with many believing he may be promoting a new line of marijuana edibles). Now, Snoop has confirmed that he’s neither giving up marijuana or promoting a new line of marijuana products.
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Nov 19 2023

CBD Reduced Duration of Seizures and Increased Onset Time of Seizures in New Study

By Anthony Martinelli in News, Studies

A new study found anticonvulsant and anti-inflammatory effects of CBD in an animal model.

“Status epilepticus (SE) is a series of seizures that can lead to serious neurological damages”, states the study, conducted by researchers at Tehran University of Medical Sciences. “This study aimed to determine the efficacy of various doses of CBD on lithium-pilocarpine-induced SE in rats and possible involvement of multiple pharmacological pathways.”

Researchers “hypothesized that cannabinoid receptors type 1 (CB1) and CB2, as well as GABA_A receptors, might have important roles in the anticonvulsant effects of CBD against SE by its anti-inflammatory effects.”
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Nov 18 2023

US Senator Kirsten Gillibrand Urges DEA to Reschedule Marijuana

By Anthony Martinelli in News

United States Senator Kirsten Gillibrand is calling on the Drug Enforcement Agency (DEA) to reschedule marijuana from a Schedule I to a Schedule III substance.

(Photo credit: Shutterstock).

Senator Gillibrand, a Democrat from New York, has sent a letter to the DEA requesting marijuana be reschedule, while cementing her support for fully descheduling it. Senator Gillibrand is Chair of the Subcommittee on Livestock, Marketing and Agriculture Security as well as Chair of the Subcommittee on Emerging Threats and Capabilities.

“While I continue to believe that marijuana should be descheduled entirely, I am urging the DEA to, at a minimum, consider rescheduling it from Schedule I to a Schedule III substance,” Senator Gillibrand said in the letter, sent yesterday. “Marijuana is simply not comparable to other Schedule I substances like heroin, LSD, and MDMA. Moreover, marijuana enforcement has for decades disproportionately targeted communities of color.”
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Nov 18 2023

Hawaii Attorney General Issues Marijuana Legalization Roadmap

By Anthony Martinelli in News

Hawaii Attorney General Anne Lopez has released a proposed roadmap for legalizing marijuana.

In March legislation to legalize recreational marijuana was passed by Hawaii’s full Senate in an overwhelming 22 to 3 vote. However, as it has in past years the measure stalled in the House of Representatives. Now, AG Lopez has released a roadmap that she believes will help breakthrough the roadblocks that have stood in the way of legalization.

Under current Hawaii law, marijuana is legal for medical purposes, but not recreationally. Recently the state approved the 25th medical marijuana dispensary.
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Nov 17 2023

New York Governor Signs Bill Allowing NYC Marijuana Businesses to Take Tax Deductions

By Anthony Martinelli in News

New York Governor Kathy Hochul has signed into law a bill to allow marijuana businesses in New York City to take tax deductions they would otherwise be able to take if they were federally legal.

(Photo credit: Jake Offenhartz/Gothamist).

Four days after it was sent to her desk, Governor Hochul has signed Senate Bill 7508 into law. Filed by Senator Luis Sepulveda, the measure passed the Senate 43 to 18, and the full Assembly 116 to 29.

The new law alters the Administrative Code of the City of New York to allow marijuana businesses to take deductions for an amount equal to the deductions that are disallowed under Section 280E of the Internal Revenue Code for the taxable year. Section 280E explicitly disallows businesses that are illegal under federal law, even if they’re legal under state law, from taking standard tax deductions.
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Nov 17 2023

South Dakota: Second Marijuana Legalization Initiative Filed

By Anthony Martinelli in News

An initiative to legalize recreational marijuana in South Dakota has been filed with the secretary of state, the second such initiative this year.

In September South Dakota Attorney General Marty Jackley approved the final summary language for an initiative to legalize marijuana that proponents are hoping to put to a vote in 2024. Now a separate legalization initiative has been filed, with proponents also hoping to put the issue before voters in 2024.

The newly filed initiative would allow those 21 and older to possess up to three ounces of marijuana and up to 24 grams of concentrates, while also allowing them to grow up to six marijuana plants. The initiative filed earlier this year would similiarly apply to those 21+ and would allow for the cultivation of up to six plants, but it would legalize two ounces of dried marijuana instead of three, and it would allow for less marijuana concentrates.
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Nov 17 2023

Florida Could Become 25th Legal Marijuana State in 2024 Election, But These 3 States May Beat Them to It

By Anthony Martinelli in News

The next state to legalize marijuana will be the 25th to do so, and there are a few potential options.

Earlier this month Ohio became the 24th state to legalize recreational marijuana. When it comes to the question of which state will be number 25, Florida would be a reasonable answer, with a legalization initiative set to appear on the November, 2024 presidential election ballot. However, there are at least a few other states that may take action through their legislatures prior to the November, 2024 election, which would give Florida voters the opportunity to push legal marijuana states into the majority.

The most likely states to beat Florida to the punch, based on the current political landscape and current and forthcoming legislation, include:
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Mother of Five From Milwaukee Deported to Laos Over Marijuana Conviction, Now Stranded Without Medical Care

Vermont Marijuana Sales Reach $11.38 Million in January, 9% Increase From Previous Year

Illinois Committee Schedules Public Hearing on Bill to Restrict Vehicle Searches Over Cannabis Odor

North Carolina Lawmakers File Bill to Legalize Marijuana

New Mexico House Committee Approves Senate-Backed Bill to Legalize Medical Psilocybin

Montana Lawmakers Move Forward With Measure to Restrict Recreational Marijuana Law

Missouri: $113 Million in Legal Marijuana Sold in October, Year-to-Date Sales Pass $1 Billion

For the ninth straight month there was over $100 million in legal marijuana sold in Missouri.

New Hampshire Governor Says Marijuana Legalization is “Inevitable”

It’s “inevitable” that marijuana will be legalized in New Hampshire, according to Governor Chris Sununu (R).

US Senate Leader Says Chamber is “Getting Close” to Vote on Federal Marijuana Banking Act

Senate Majority Leader Chuck Schumer, who vowed in September that a federal marijuana banking act will be voted on “very soon”, said in a recent interview the chamber is “getting close” to a vote.

Snoop Dogg Confirms He is Not Giving Up Marijuana, Announces Promotion of “Smokeless” Stove

Roughly four days after Snoop Dogg says he “Decided to give up smoke”, setting media ablaze, Snoop has clarified his statement.

CBD Reduced Duration of Seizures and Increased Onset Time of Seizures in New Study

A new study found anticonvulsant and anti-inflammatory effects of CBD in an animal model.

US Senator Kirsten Gillibrand Urges DEA to Reschedule Marijuana

United States Senator Kirsten Gillibrand is calling on the Drug Enforcement Agency (DEA) to reschedule marijuana from a Schedule I to a Schedule III substance.

Hawaii Attorney General Issues Marijuana Legalization Roadmap

Hawaii Attorney General Anne Lopez has released a proposed roadmap for legalizing marijuana.

New York Governor Signs Bill Allowing NYC Marijuana Businesses to Take Tax Deductions

New York Governor Kathy Hochul has signed into law a bill to allow marijuana businesses in New York City to take tax deductions they would otherwise be able to take if they were federally legal.

South Dakota: Second Marijuana Legalization Initiative Filed

An initiative to legalize recreational marijuana in South Dakota has been filed with the secretary of state, the second such initiative this year.

Florida Could Become 25th Legal Marijuana State in 2024 Election, But These 3 States May Beat Them to It

The next state to legalize marijuana will be the 25th to do so, and there are a few potential options.

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