Legislation to add sickle cell anemia as a qualifying condition for New Jersey’s medical marijuana program has unanimously cleared a second Senate committee, having already passed the full Assembly.
Maryland Cannabis Market Hits $1.07 Billion in Sales in 2025
Maryland’s legal marijuana market has generated $1.071 billion in total sales so far in 2025, according to data released today by the Maryland Cannabis Administration. November sales alone came in at $97,994,684, underscoring steady consumer demand even as prices continued to ease across the state. $79 million of this came from recreational cannabis purchases, with …
Former Nevada Regulator Testifies to U.S. Senate Committee That Legal Marijuana Businesses Remain Dangerously Shut Out of Banking System
Former Nevada cannabis regulator Tyler Klimas told a Senate Banking Subcommittee that state-legal marijuana businesses remain dangerously cut off from the traditional financial system, despite operating in regulated markets that span most of the country. Klimas, the founder of Leaf Street Strategies and former executive director of the Nevada Cannabis Compliance Board, testified before the …
U.S. Senator Cortez Masto Says She Hopes SAFER Banking Act Can Pass in the New Year
Senator Catherine Cortez Masto (D-NV) used a Senate Banking Subcommittee hearing on Tuesday to reiterate that passing the SAFER Banking Act remains one of her top legislative priorities, saying she hopes it can “finally pass it into law in the new year.” Speaking during a hearing of the Subcommittee on Financial Institutions and Consumer Protection …
Cannabis CEO Duke Rodriguez Enters Race for New Mexico Governor
Duke Rodriguez (R), a longtime New Mexico health care executive and one of the state’s most prominent marijuana industry figures, has officially entered the race for governor. Rodriguez announced his candidacy through a paid newspaper message rather than a formal launch event, saying he preferred to begin engaging voters directly instead of staging a traditional …
U.S. Legal Cannabis States Generate $2.2 Billion in Sales in November, Nearly $25 Billion Year-to-Date
Legal marijuana sales across the United States totaled roughly $2.2 billion in November, bringing the year-to-date total to nearly $25 billion. The figure marks a slight dip from the $2.34 billion sold in October, but is a 10% increase from the previous November and is on par with the $2.27 billion in sales recorded in …
Illinois Hemp Industry Supports Nearly 13,500 Jobs and $2.7 Billion in Revenue, Analysis Finds
Illinois’s hemp-derived cannabinoid industry employs nearly 13,500 workers statewide and generates an estimated $2.7 billion in annual revenue, according to a new economic analysis examining the potential effects of restrictions or bans on hemp-derived product sales and production. A newly released economic analysis finds that Illinois’s hemp-derived cannabinoid industry has grown into a multibillion-dollar economic …
President Trump Says He Is Seriously Considering Executive Order to Reclassify Marijuana
President Donald Trump said he is seriously considering an executive order to reclassify marijuana, citing the impact current federal law has on scientific research, during remarks made at a Mexican Border Defense Medal presentation. Trump was asked directly whether it was accurate that he is considering an executive order to reclassify marijuana under federal law. …
New York Cannabis Regulators Publish Updated Rules for Packaging, Labeling, Marketing and Advertising
New York’s Office of Cannabis Management (OCM) today announced that newly updated Packaging, Labeling, Marketing, and Advertising (PLMA) regulations has been published in the State Register and are now officially in effect. The Cannabis Control Board (CCB) approved these updates at the last board meeting. The revised regulations provide significant improvements for New York’s cannabis …
CBD May Protect the Brain From Damage Caused by Common Food and Environmental Pollutant, Study Finds
According to a study published today by the Journal of Neuroscience Research, the cannabis compound cannabidiol (CBD) may help protect the brain from damage caused by acrylamide, a widespread environmental and dietary pollutant commonly formed during high-temperature cooking processes such as frying and baking. The research, conducted by scientists at the University of Patras in …
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