Dec 12 2023

DEA Tells Georgia Pharmacies to Stop Selling Medical Marijuana Products

In October Georgia became the first state in the US to sell medical marijuana products through licensed pharmacies. The DEA (Drug Enforcement Administration) is now threatening said pharmacies.

Medical marijuana capsules.

Under Georgia’s restrictive medical marijuana law, those with a qualifying medical condition who receive a recommendation from a physician are allowed to purchase, possess and use products (such as tinctures and capsules) containing marijuana-derived CBD and up to 5% THC. What makes Georgia’s law unique is that it allows marijuana products to be sold through pharmacies, something no other state has allowed.

Earlier this month the DEA sent a letter to pharmacies who are currently selling marijuana products, or who have been approved by the state to do so in the near future, telling them that what they’re doing remains federally illegal.
Continue reading

Dec 12 2023

Study: CBD and CBG May Help Combat Delayed Onset Muscle Soreness

A formulation containing both cannabidiol (CBD) and cannabigerol (CBG) was found to be useful in combatting delayed onset muscle soreness, according to a new study published in the Journal of the International Society of Sports Nutrition.

According to the study’s researchers, cannabinoid-containing products are often “marketed to athletes as promoting recovery, in spite of a lack of data on their safety and effects.” With that in mind, this randomized, double-blind, placebo-controlled, repeated-dose pilot study “tested the safety, tolerability, and preliminary effects on recovery of a formulation containing cannabidiol (CBD; 35 mg), cannabigerol (CBG; 50 mg), beta caryophyllene (BCP; 25 mg), branched-chain amino acids (BCAAs; 3.8 g), and magnesium citrate (420 mg).”

For the study 40 exercise-trained individuals underwent an experimental induction of delayed onset muscle soreness (DOMS) and completed follow-up visits 24, 48, and 72-hours post-DOMS. Participants were randomized to active or placebo formulation, and consumed the formulation twice per day for 3.5 days.
Continue reading

Dec 12 2023

In Maryland There Was $89.6 Million in Marijuana Sold Legally in November

There was just shy of $90 million worth of legal marijuana and marijuana products sold in November in Maryland.

According to the Maryland Cannabis Administration, there was exactly $89,670,575 in marijuana sold legally through licensed retail outlets in November, almost identical to the $89,997,762 sold in October. Sales data includes the legal distribution of dried marijuana flower and shake as well as marijuana concentrates, edibles, tinctures, topicals and vape products.

$55,995,498 of these sales were purchased by recreational consumers, with the remaining $33,675,077 purchased by medical marijuana patients.
Continue reading

Dec 12 2023

Monthly Marijuana Sales in Michigan Passed a Quarter Billion Dollars for Sixth Straight Month, $2.8 Billion Year-to-Date

For the sixth straight month there was over a quarter of a billion dollars of legal marijuana sold in Michigan.

(Photo credit: GETTY Images).

In total there was $260,485,282 worth of legal marijuana and marijuana products sold in November, according to the Michigan Cannabis Regulatory Agency. This is a slight decrease from the $262 million sold in October, but it marks six months in-a-row where sales were above $250 million.

The vast majority of the legal marijuana purchased was for recreational consumption ($256.6 million), with just $3.8 million purchased by medical marijuana patients.
Continue reading

Dec 12 2023

Hunter Biden’s Attorneys File Motion Saying It’s Unconstitutional to Prevent Drug Users From Possessing Firearms

Attorneys for Hunter Biden have filed a motion declaring that a law preventing drug users from buying and possessing firearms is unconstitutional.

(Photo credit: Getty Images).

Hunter Biden, the son of President Joe Biden, is facing multiple misdemeanor and felony charges (United States of America V. Robert Hunter Biden), some stemming from his admission that he purchased a gun while addicted to illegal drugs. Now, his attorneys have filed a motion to dismiss the charges with the US District Court for the District of Delaware.

Biden’s attorneys argue that the gun charges are a violation of the Second Amendment, saying that preventing drug users from buying or possessing guns is an unconstitutional law that flies contrary to a recent US Supreme Court decision which found that in order to be constitutional, a gun law has to be analogous to a law that existed when the founding fathers established the constitution.
Continue reading

Dec 12 2023

Connecticut: November Marijuana Sales Break Monthly Record

Legal marijuana sales in November set a new monthly record in Connecticut.

According to data released by the Connecticut Department of Consumer Protection, there was exactly $25,689,805.72 worth of legal marijuana and marijuana products sold throughout November. This breaks the monthly record of $25.2 million set in September of this year.

Of the nearly $25.7 million in marijuana sold, $15,372,542 came from the purchase of recreational marijuana, while $10,317,263 was purchased by authorized medical marijuana patients.
Continue reading

Dec 11 2023

US Department of Health Spent Over 150 Pages Discussing Marijuana’s Potential Medical Value

 

The US Department of Health and Human Services (HHS) recently released an over 250-page document explaining their rationale for wanting marijuana rescheduled. Over 150 of these pages were spent discussing marijuana’s potential medical value, a key determinant in whether marijuana should be moved away from schedule I.

HHS released the documents last week to a pair of attorneys who requested them through the Freedom of Information Act (FOIA). The documents, which are heavily redacted, explain why the Department of Health sent a letter to the Drug Enforcement Agency (DEA) in September asking them to reschedule marijuana.

According to attorney Shane Pennington posting on the Substack On Drugs, “well over 150 pages” of the document was spent on the question of “whether marijuana has a currently accepted medical use in treatment in the United States.” This is important given that to be a schedule I drug, a substance must be dangerous, highly addictive and have no accepted medical value.
Continue reading

Dec 11 2023

Colorado Made $22 Million in Marijuana Tax Revenue in November, a Quarter Billion Dollars Year-to-Date

For the sixth time this year, monthly marijuana tax revenue in Colorado was a little over $22 million.

In total the state garnered $22,125,036 in taxes from the legal distribution of marijuana and marijuana products, according to the Colorado Department of Revenue. This is on par with the $22.7 million sold in October and the $22.6 million sold in September. The high point for the year came in April (perhaps unsurprisingly), with $25.1 million.

Colorado’s year-to-date revenue for marijuana taxes is now $247 million. The total since the start of legal sales in 2014 is $2,599,068,573.
Continue reading

Dec 11 2023

Report: CBD Market Valued at $7.6 Billion, to Grow to $36 Billion By 2033

 According to a new report, the global market for cannabidiol (CBD) was valued at $7.6 billion in 2023 and is anticipated to reach approximately $36.6 billion by 2033.

CBD tincture.

Over the period from 2024 to 2033, the CBD market is projected to experience a compound annual growth rate (CAGR) of 17.5%.

“CBD is renowned for its efficacy in pain alleviation, seizure management, and anxiety treatment”, states the report. “This has fueled a burgeoning demand for CBD in health and wellness sectors, propelling the market forward. Government approvals further contribute to the growing acceptance and utilization of CBD-infused products, fostering increased manufacturing to meet the rising consumer demand.”
Continue reading

Dec 11 2023

US Congressmember Continues Pushing “Stop Pot Act” to Withhold Funds from Legal Marijuana States

North Carolina Congressmember Chuck Edwards continues to push the “Stop Pot Act” he filed in September, despite it gaining little traction thus far.

The Stop Pot Act would withhold federal funding from states and tribes that have legalized recreational marijuana. The measure is cosponsored by Representatives David Rouzer (NC), Gregory Murphy (NC), Pete Sessions (TX) and John Rose (TN), all Republican.

Despite receiving public backlash following the bill’s introduction, Representative Edwards is pushing forward with his effort to get the bill passed by the Republican-controlled House of Representatives. Recently his office began circulating a letter to congressional colleagues seeking additional cosponsors for the Stop Pot Act.
Continue reading