Hulk Hogan, real name Terry Gene Bollea, is done with painkillers and alcohol, swapping the two for CBD, which is being studied for its role in battling addiction. He revealed the switch in a candid interview with Muscle and Health magazine. A legend in professional wrestling, Hogan underwent some 25 surgeries over the course of […]
Author: Eric Sheetz
New Jersey Cannabis Tax Revenue Provides $5 Million to Violence Prevention
New Jersey Gov. Phil Murphy and Attorney General Matthew J. Platkin recently revealed an initiative that provides a total of $15 million to support Community-Based Violence Intervention (CBVI) programs, a portion of which comes from a dedicated cannabis tax fund. According to a press release, Murphy has helped facilitate the use of more than $40 […]
Cannabis Analyzer Chosen by FDA for Quick, Accurate Product Testing
The U.S. Food and Drug Administration (FDA) announced on Aug. 18 that it has chosen a very specific company’s portable cannabis analyzer to be used to test cannabis plants as well as products. The analyzer was created by Orange Photonics, which utilizes spectroscopy and liquid chromatography in its LightLab 3 High Sensitivity (HS) Cannabis Analyzer. […]
Ohio Rec MJ Market Could Generate $275-403M in Taxes in First Five Years
Ohio just approved a statewide vote on adult-use cannabis on November’s upcoming ballot, and it’s looking like business would be booming should it be approved. A study published earlier this month by researchers at Ohio State University suggests that Ohio could generate between $275 million and $403 million by the fifth year of operations in […]
Colorado’s Marijuana Tax Brought In More Revenue Than Alcohol Or Cigarettes Last Year, New State Report Shows
Colorado generated more tax revenue from marijuana than alcohol or cigarettes during the last fiscal year, with $280 million in cannabis tax dollars going toward a variety of government programs and services like K–12 education and health care. An analysis from the state’s nonpartisan Legislative Council Staff (LCS) released on Wednesday showed that even though […]
Minnesota Indian Tribe Plans To Launch Marijuana ‘Food Truck’ To Expand Business Across The State
A tribe in Minnesota that’s currently operating one the state’s only adult-use marijuana shops says it’s planning to open a mobile dispensary—effectively a cannabis “food truck” that can travel and do business on tribal land throughout the state. The Red Lake Band of Chippewa Indians, which opened its doors to adult consumers on the day […]
Fresno, California Locals Block Cannabis Store from Opening
After bending over backwards to meet the criteria for compliance, residents in Pinedale, a neighborhood of Fresno, California, rallied in Fresno City Hall to appeal a permit and demand officials shut down a proposed adult-use retail cannabis location from opening. Residents appealed Embarc’s Cannabis Conditional Use Permit (CUP) for a proposed location at a Fresno […]
Duluth, Minnesota Bans Pot Smoking in Public Parks
Officials in Duluth, Minnesota this week approved an ordinance that will ban smoking marijuana in all city parks. The passage of the measure came about two weeks after a new state law allowing recreational cannabis use for adults aged 21 and older took effect on August 1. Minnesota Public Radio reports that the newly passed […]
Ohio Cannabis Legalize Initiative Pending For November Ballot
The Ohio-based advocacy group known as Coalition to Regulate Marijuana Like Alcohol (CRMA) is working on a citizen-initiative to legalize cannabis cultivation, manufacturing, testing, and sales for residents over 21. In July, advocates submitted 123,367 signatures to qualify for the ballot this November, but they actually needed 124,046. “It looks like we came up a […]
Ohio Could See $404 Million In Annual Marijuana Tax Revenue If Voters Approve Legalization This November, Analysis Finds
Ohio could see up to $403.6 million in annual tax revenue from adult-use marijuana sales if voters approve a legalization measure that could appear on the November ballot, a newly updated analysis projects. The paper from Ohio State University researchers assesses the potential economic impact of cannabis legalization in the state, providing tax revenue estimates […]