Oct 18 2022

Report: Nearly $3 Billion in Taxes Garnered From Legal U.S. Marijuana Sales in Fiscal Year 2022

Despite marijuana remaining illegal in many parts of the country, U.S. marijuana sales garnered $2.8 billion in taxes in fiscal year 2022.

This is according to a new report conducted by The Urban-Brookings Tax Policy Center. The report found that during the most recent full fiscal year, which ran from July 2021 to June 2022, California garnered the largest amount of marijuana taxes at $774 million. Alaska brought in the smallest amount among the legal marijuana states with $30 million.

In Colorado and Washington State, the first two states to legalize marijuana back in 2012, marijuana tax revenue now exceeds revenue for alcohol and tobacco sales.

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Oct 18 2022

Study: Cannabinoids May Be Effective in Treating Hyperhidrosis

Cannabinoids may serve as an effective treatment option for hyperhidrosis, according to a new study published by the Journal of Dermatological Treatment.

Hyperhidrosis is described by the Mayo Clinic as “abnormally excessive sweating involving the extremities, underarms, and face, usually unrelated to body temperature or exercise, and it effects about 1% of the population.

“Hyperhidrosis can significantly curtail patient quality of life, from debilitating physical symptoms to social stigmatization and reduced life opportunities”, states the abstract for the new study. “Current treatments often prove unsatisfactory, especially in sufferers of generalized hyperhidrosis.”

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Oct 18 2022

Uber Eats and Leafly Partner to Deliver Marijuana in Toronto

As of Monday, October 17, those in Toronto can have legal marijuana delivered to their homes through a partnership between Uber Eats and Leafly.

Torontonians 19+ can place orders from local licensed cannabis retailers in the Uber Eats app, and have it delivered to their door by the retailer’s CannSell certified staff, according to a press release from Uber. This is the first time cannabis delivery will be available on a major third-party delivery platform in the world.

“We are partnering with industry leaders like Leafly to help retailers offer safe, convenient options for people in Toronto to purchase legal cannabis for delivery to their homes, which will help combat the illegal market and help reduce impaired driving,” said Lola Kassim, General Manager of Uber Eats Canada. “Over the last few years, we have invested heavily in our delivery business and selection has expanded tremendously. Uber Eats has grown quickly to become a versatile platform usable by diverse businesses large and small.”

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