Just two days after we reported that the SAFER Banking Act was sponsored by 26% of the entire US Senate, the measure has gained five …
US Air Force’s Marijuana Waiver Program Sees Triple the Expected Participation
Within the first year of a new marijuana waiver program, the United States Air Force has seen over three times the anticipated participation. Last year …
New Jersey Court Rules Employer Must Reimburse Medical Marijuana Expenses in Workers’ Compensation Case
The New Jersey Appellate Division has ruled that it was appropriate for a workers’ compensation judge to order an employer to reimburse its employee for …
Illinois: Over $165 Million in Legal Marijuana Sold in September
In Illinois there was $165.5 million worth of marijuana sold legally in September. Recreational marijuana consumers purchased $139.5 million worth of marijuana in September, a …
Ouster of US House Speaker Could Delay Passage of Marijuana Banking Act
The removal of Kevin McCarthy as Speaker of the House, and the potential for weeks or months without a replacement, is at least temporarily a …
Report: Global CBD Market Worth $9.4 Billion
The global market for cannabidiol (CBD) grew from $6.82 billion in 2022 to $9.4 billion in 2023 at a compound annual growth rate (CAGR) of …
New York Governor Announces Plan to “Aggressively Expand New York’s Legal Cannabis Market”
Governor Kathy Hochul today announced the largest expansion of New York State’s legal cannabis market to date, with hundreds of licenses being made available to …
Michigan House Advances Bill to Allow Marijuana Agreements With Indian Tribes and Exempt Them From Taxes
A Michigan House committee has given approval to legislation that would allow the state to enter into agreements with Indian tribes while exempting them from …
Marijuana Company Officially Acquires Eight Beer and Beverage Brands From Anheuser-Busch
Tilray Brands, Inc., a global marijuana company, has closed a deal to acquire eight beer and beverage brands from Anheuser-Busch, roughly two months after entering …
Portland, Maine City Council Passes Ordinance to Decriminalize Psychedelics
By a vote of 6 to 3 the Portland, Maine City Council has voted to decriminalize the personal possessions of psychedelic plants and fungi. The …
Maryland: Over $90 Million Worth of Legal Marijuana Purchased in September
In the third month of legal recreational marijuana sales (September), Maryland marijuana stores sold just over $90 million worth of marijuana and marijuana products. In …
Federal Marijuana Banking Act Now Sponsored by Over 25% of the Entire US Senate
A bill to allow banks and other financial institutes to work with marijuana businesses now has 26 sponsors, over a quarter of the entire US …
