The Global Cannabis Stock Index has seen a modest increase in recent weeks. As of the time of publication the Global Cannabis Stock Index currently sits at 8.32, a 3% increase from the 8.05 seen at the close of markets yesterday. The low point of the year for the Index came on June 23 with …
New Hampshire Governor Signs Marijuana Bill Into Law
New Hampshire Governor Chris Sununu (R) has signed into law legislation to create a commission designed to prepare the state for the legalization of marijuana and give recommendations on how lawmakers can most effectively achieve that goal. The legislation was proposed by the governor who believes the state should legalize marijuana in a manner similar …
Cannabis Company Purchases 8 Beer Labels From Anheuser-Busch
Tilray Brands, Inc., a global cannabis-lifestyle and consumer packaged goods company, today announced that the company has entered into a definitive agreement to acquire eight beer and beverage brands from Anheuser-Busch. Upon closing of the deal, Tilray will acquire Shock Top, Breckenridge Brewery, Blue Point Brewing Company, 10 Barrel Brewing Company, Redhook Brewery, Widmer Brothers …
Rhode Island: $9.4 Million in Legal Marijuana Sold in July, New Monthly Record
Rhode Island’s legal marijuana industry has set a new sales record for the third straight month. There was $9,465,617 in legal marijuana and marijuana products sold in July in Rhode Island, according to data released by the Rhode Island Department of Business Regulations. This surpasses the $9.1 million sold in June and the $8.9 million …
Maine Marijuana Sales Set Record for Third Straight Month
In Maine marijuana sales have set a monthly record for the third month in a row. There was $20,872,185 in legal marijuana sold in July in Maine. This is an over $2 million increase from the record-breaking $18,484,493 sold in June. In May there was $17.2 million sold, a record at the time. This is …
$150 Million in Marijuana Sold in Massachusetts in July, $883 Million Year-to-Date
There was $150 million in legal marijuana purchased in Massachusetts in July, according to the Massachusetts Cannabis Control Commission. The $150 million sold in July is just $1.8 million shy of the record-breaking $151.8 million sold in June. $131.9 million of this was purchased by recreational consumers, with $18.1 million purchased by medical marijuana patients. …
Study: Marijuana Use Manages Opioid Cravings, Reduces Unregulated Opioid Use
The use of marijuana significantly reduces the use of unregulated opioids, according to a new study. The study, which can be found by clicking here, is being published in the September issue of the International Journal of Drug Policy. It was conducted by researchers at the British Columbia Centre on Substance Use, the University of …
Minnesota: Second Tribal Marijuana Store Opens to Everyone 21+
Just two days after the first legal marijuana store in Minnesota opened their doors, a second outlet has opened their doors to everyone 21 and older. Both outlets are on tribal land. As of August 1 in Minnesota those 21 and older are allowed to possess and cultivate marijuana for recreational purposes in Minnesota. Despite …
Jersey City Police Department Must Reinstate Officer Fired for Marijuana, Give Backpay
State officials ruled this week that the Jersey City Police Department must reinstate Norhan Mansour, an officer they fired for off-the-job marijuana use. The decision is in alignment with an administrative law judge’s decision. Not only is the police department required to reinstate the officer, they must give him backpay for the entire time he …
Washington State Launches Online Portal for Reimbursing Those With Drug Convictions
Washington State has launched a first of its kind online portal that allows those charged with drug possession prior to 2021 to request reimbursement for expenses associated with the charges. Following a 2021 decision by the Washington State Supreme Court (Washington v. Blake) that effectively decriminalized the personal possession of all drugs, the state Administrative …
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