Rhode Island marked a milestone in the cannabis industry as state-licensed businesses surpassed $100 million in sales during the inaugural year of legal adult-use cannabis. Recent data released by the Rhode Island Department of Business Regulation, updated through November, reveals a total of $105.0 million in legal cannabis sales since December 2022. Recreational sales, which […]
With all of the very slow-moving marijuana legislation across the country, it’s easy to forget that the industry still has a huge potential yet to be fulfilled. A new report titled “Cannabis Beats Booze” by the firm TD Cowen reminds us of the exciting years to come. Put under the context of what the marijuana […]
A bill was introduced into the New York State legislature that would create a pilot Psilocybin Therapy program for military veterans and first responders. Pat Burke, Democrat, filed the bill, which would create the program for 10,000 participants and have the Department of Health create training guidelines. A memo with the bill states, “Psilocybin therapy […]
Maryland’s burgeoning adult-use cannabis market achieved yet another milestone last month, as licensed dispensaries reported record-breaking sales of nearly $56 million, according to the state’s Cannabis Administration (MCA). This figure surpassed October’s total by $861,500, marking a continued upward trend for the state’s recreational cannabis industry. Conversely, November witnessed a slight dip in medical cannabis […]
It’s no secret that President Biden’s chances for reelection are slimming by the week. There’s plenty of time to turn things around for the incumbent, but if things continue on the same track, the president’s future will keep dwindling. One option to help the president is to introduce a collection of very popular executive orders. […]
California law enforcement agencies are gearing up for a significant change in their employment policies as a new law, set to take effect on January 1, prohibits inquiries into job applicants’ prior marijuana use. This development comes on the heels of Governor Newsom’s signing of the bill in October, solidifying the state’s commitment to cannabis […]
President Biden made headlines late last year when he expunged thousands of federal marijuana charges. However, the problem at the time was that most marijuana charges happen on a state level, so a mass federal pardon wasn’t actually able to get very far. Case in point: look how far Missouri was able to get in […]
In a significant development, the Ohio Senate approved revisions to the state’s legalization of recreational marijuana on Thursday, just as Issue 2 officially became law. However, despite the green light, there is still no legal avenue for Ohioans to purchase it. During a Senate General Government Committee meeting on Wednesday, key amendments to the marijuana […]
MJBizCon just wrapped up for 2023, and there was a good amount of hopeful attitudes in the crowd, despite the pretty slow and rocky year for cannabis. MJBizDaily posted a write up about the event, diving into some of the perspectives at the booths in Vegas. “The best days are to come. There’s going to […]
In a recent Congressional Research Service (CRS) report published in November, alarming statistics indicate a drastic decline in hemp cultivation across the United States. The report, drawing on data from the U.S. Department of Agriculture’s 2021 and 2022 National Hemp Report, reveals a nearly 50% reduction in hemp planting from 2021 to 2022. According to […]
