Author: Eric Sheetz

New Frontier Data Projects 27.7 Million Pounds of Cannabis Cultivated in 2030

Cannabis data company New Frontier Data released “Growing Excellence: Seven Ways to Optimize Cannabis Cultivation in Newly Legal Markets” on Sept. 7, which highlights seven key issues that new cannabis producers should consider in order to achieve success. “The continued activation of new legal markets will keep pushing existing cannabis producers to expand operations and draw […]

Legalization Campaign Kicks Off in Maryland Ahead of November Vote

A campaign to bring legal cannabis to Maryland officially kicked off in earnest on Thursday, as supporters look to build support ahead of this November’s vote on the initiative. Appearing on the ballot as “Question 4,” the measure would legalize possession of cannabis for Maryland adults aged 21 and older, and also establish a regulated […]

Pressure Builds on Florida Gov. DeSantis to Toss Out Dosage Limits

Patients and advocates in Florida are fed up with restrictions to access for medical cannabis. Florida health officials enacted new emergency rules on August 29, imposing explicit limits on the amount of medical cannabis that patients may legally obtain and consume. Advocates like NORML are concerned, saying that the emergency rules were established behind closed […]

Illinois Adult-Use Marijuana Sales Top $3 Billion Since Market Launched, With $1 Billion Sold So Far This Year Alone

Illinois has already crossed the $1 billion mark for recreational marijuana sales in 2022—two months earlier than when the state reached that threshold last year—state data shows. And it’s officially crossed $3 billion in adult-use cannabis purchases since shops first opened in 2020. While the August cannabis sales total of $129,441,315 is about $6 million […]

New Study Suggests Expectations May Drive Effects of Microdosing Psilocybin

The purported positive effects of microdosing psilocybin could be driven by the expectations of those taking the drug, according to the results of a recently published double-blind study conducted by researchers affiliated with the University of Buenos Aires. The authors of the study, which was published last month by the journal Translational Psychiatry, note that […]

Pennsylvania Announces Program to Pardon Thousands of Pot Convictions

Pennsylvania residents who have previously been busted for cannabis now have a pathway to a clean record. Gov. Tom Wolf and Lieutenant Gov. John Fetterman, both Democrats, announced last week the creation of the “PA Marijuana Pardon Project,” billed as an “effort to quickly pardon thousands of Pennsylvanians from minor, non-violent marijuana-related convictions.” “This pardon […]

Legal Weed Likely To Cost Drug Companies Billions

Cannabis legalization is projected to cost conventional pharmaceutical companies billions of dollars in reduced drug sales and stock market value, according to a new study by researchers affiliated with California Polytechnic State University and The University of New Mexico. The researchers studied how the stock market returns of publicly traded pharmaceutical firms responded to laws […]