New Mexico: $47.8 Million in Marijuana Sold Legally in November, Nearly $500 Million Year-to-Date

There has been nearly half a billion dollars in marijuana sold legally so far this year in New Mexico.

According to data released today by the New Mexico Regulation & Licensing Department, recreational marijuana sales in November totaled $36,558,103.49. Combined with $11,244,933.11 in medical marijuana sales, the monthly total is $47,803,036.62 across 1,165,068 transactions. The figure is roughly on par with October’s $48.5 million and marks an increase from September’s $46 million.

Year-to-date sales now stand at approximately $490 million. Since April 2022, total marijuana sales have reached $1,457,412,012.52 across 32,087,262 transactions. Of this, adult-use sales account for $1,017,748,867, while medical marijuana sales make up $439,663,153.

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NFL Updates Marijuana Policies: Higher THC Threshold, Fewer Penalties for Missed Tests

The NFL and the players’ union have overhauled their substance abuse policy, significantly raising the THC threshold for a positive test and reducing penalties for missed tests.

The changes were detailed in a memo sent to players and agents on Wednesday, according to reports.

The allowable THC level for a positive test has increased from 150 ng/ml to 350 ng/ml. THC, the active compound in marijuana, is known for its psychoactive effects.
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Public Hearing for Marijuana Rescheduling Set to Start January 21, to End March 6

A Drug Enforcement Administration (DEA) administrative law judge has set the start of the public hearing on marijuana rescheduling for January.

The hearings, starting January 21, will feature arguments from the DEA, proponents of the rescheduling proposal, and designated opposition groups. Each participant will present their case on assigned dates, with sessions extending into early March.

The full schedule is as follows:
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Study: CBD-Rich Cannabis Oil Boosts Social Interaction in Animal Model

According to the results of a new study using an animal model, CBD-rich cannabis oil “promotes social behavior by acting on oxytocin pathway”.

The aim of the study, conducted by researchers at the University of Brescia and published in the December issue of Cannabis and Cannabinoid Research, “was to investigate the effect of a C. sativa oil CBD rich (CS oil) on social interaction and ultrasonic communication”, according to the study’s abstract.

For the study, 27 adult male mice were treated daily with vehicle or cannabis oil for two weeks. At Day 14, mice were tested for behavior using social interaction test and ultrasonic communication.
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Missouri Senator Introduces Bill to Shield Marijuana Patient Data, Regulate Intoxicating Cannabinoids

Missouri State Senator Nick Schroer (R) has introduced legislation that would strengthen privacy protections for medical marijuana patients, and to ensure that intoxicating cannabinoids are classified and regulated in the same manner as marijuana.

Senate Bill 54, prefiled on December 1 for the 2025 session, introduces provisions to protect patient and consumer data while refining oversight of intoxicating cannabinoid products and dispensary operations.

Under SB 54, state agencies and employees would be prohibited from sharing personally identifying information of medical marijuana patients or caregivers with the federal government, federal employees, or any unauthorized third parties. Violating this provision would constitute a Class E felony.
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Clinical Trials Show Psilocybin-Assisted Therapy Outperforms Standard Treatments for Depression

A newly systematic review of clinical trials reveals psilocybin-assisted therapy may provide substantial relief for individuals with major depressive disorder, including treatment-resistant cases.

Dried psilocybin mushrooms.

Published in the psychiatry journal Acta Psychiatrica Scandinavica, the study consolidates findings from six randomized controlled trials, involving 427 participants, to evaluate the efficacy and safety of this emerging treatment.

Researchers from India’s National Institute of Mental Health and Neurosciences, Jawaharlal Institute of Postgraduate Medical Education and Research, and Pondicherry Institute of Medical Sciences spearheaded the analysis.
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Illinois Marijuana Sales Pass $160 Million in October, Prices Reach New Lows

In Illinois, legal marijuana sales topped $160 million in October, an increase from the previous month.

In October, licensed marijuana stores sold $164.4 million worth of marijuana and marijuana products, including concentrates, edibles, tinctures and topicals, according to the Illinois Cannabis Regulation Oversight Officer. This is a noticeable increase from the $158 million sold in September.

Of the $164 million in marijuana sold in October, $142.2 million came from recreational consumers, with $22.2 million purchased by medical marijuana patients. 78% of the recreational marijuana purchased came from Illinois residents, with 22% coming from those living outside the state.
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Trump’s Pick to Head the DEA, Sheriff Chad Chronister, Withdraws From Consideration

Hillsborough County Sheriff Chad Chronister, who was chosen by President Trump to lead the U.S. Drug Enforcement Administration (DEA), has withdrawn from the race.

Hillsborough County Sheriff Chad Chronister.

Chronister, who has supported decriminalizing marijuana possession, was nominated by Trump on Saturday, and withdrew from the race Tuesday. Chronister was chosen to replace Anne Milgram, a Biden administration appointee and former New Jersey attorney general.

Chronister, a lifelong law enforcement officer, has served as sheriff of Hillsborough County, Florida, since 2018, overseeing Tampa and its surrounding areas.
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California Reports $250.5 Million in Cannabis Tax Revenue for Third Quarter of 2024

The California Department of Tax and Fee Administration (CDTFA) reported cannabis tax revenue today for the third quarter of 2024.

As of November 18, total cannabis tax revenue from third-quarter returns is $250.5 million. This figure includes $148.4 million in cannabis excise tax and $102 million from sales tax collected from cannabis businesses. These figures do not include outstanding returns or returns that still are being processed.

Reported revenue for the second quarter of 2024 returns has been revised to $269 million. This includes $157.7 million attributed to cannabis excise tax and $111.3 million to sales tax. These revisions are a result of amended and late returns, as well as other tax return adjustments.
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Massachusetts: $151 Million in Marijuana Sold in November, Prices Drop to All-Time Low of $4.58 Per Gram and $129 Per Ounce

There was over $150 million in legal marijuana sold in Massachusetts in November, with prices continuing to drop.

According to the Massachusetts Cannabis Control Commission (CCC), there was $137.2 million in recreational marijuana sold in November, nearly identical to the $138 million sold in October. When combined with the $14.6 million in medical marijuana sales, there was $151.8 million in marijuana sold legally in November.

The year-to-date total for 2024 is now nearly $1.6 billion, with the all-time total standing at $7.04 billion.
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