Ever since cannabis became recreationally legal in Colorado, the industry has been on an upturn. Now, for the first time ever, the Colorado industry is trending down. This became most obvious when looking at tax revenue, but there are other signs as well. Dispensaries are closing down, and delivery services and social clubs are still working […]
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Newest Legalization Effort in Florida Receives $5 Million in Support
A legalization campaign recently launched by Smart & Safe Florida has garnered the support of medical cannabis company Trulieve and Grammy-nominated country music group, The Bellamy Brothers. Trulieve has donated $5 million to the effort that could lead to a measure on the 2024 ballots. According to Trulieve CEO Kim Rivers, legalization is all about […]
$100K of Weed, Inventory Stolen at Gunpoint From Oakland Dispensary
Suspects are still at-large after C.R.A.F.T. Cannabis in Oakland in California was robbed at gunpoint and about $100,000 in product was stolen. Making things worse, eyewitnesses say it took hours for police to arrive at the scene—once everything was taken and the damage had already been done. In the early hours of August 6, officers […]
New Jersey Opens Public Comment Period for Proposed Cannabis Rule Amendments
New Jersey residents have the opportunity to provide input on upcoming adult-use cannabis rule updates—input that officials say can have a real impact on the outcome of the final rules. Public comment on proposed updates to the rules for New Jersey’s adult-use cannabis marketplace is now open from the state’s Cannabis Regulatory Commission (CRC). New […]
California Bill To Bar Employment Urine and Hair Drug Tests for Cannabis Advances
A bill that would add protections to employees in California who consume cannabis off the clock is advancing and could head to the Senate floor shortly. The bill would disallow job discrimination from employers, in most cases, based on urine or hair tests that detect only inactive metabolites of THC. Urine or hair tests only […]
Former NBA Player Iman Shumpert Arrested in Texas for Cannabis Possession
Former NBA athlete Iman Shumpert, known for playing on teams such as the New York Knicks, Cleveland Cavaliers, Sacramento Kings, Houston Rockets, and Brooklyn Nets, and also the Dancing With the Stars Season 30 champion was arrested for cannabis possession last week while traveling. Shumpert was in possession of 6.2 ounces of cannabis in his […]
New Mexico Cannabis Sales Hit $40 Million in July
State officials in New Mexico announced this week that sales of regulated cannabis topped $40 million in July, setting a new record since legal sales of recreational pot began in the state earlier this year. The Cannabis Control Division of the Regulation and Licensing Department noted the figure tops the monthly purchases of regulated cannabis […]
Oregon Psilocybin Rules Set To Be Finalized in December
The Oregon Health Authority’s Oregon Psilocybin Services Section is currently working on finalizing a regulatory framework to manage psilocybin legalization. While currently partnering with the Psilocybin Advisory Board, these rules are expected to be released by Dec. 31, 2022, as license applications will open up starting on Jan. 2, 2023. The culmination of regulating psilocybin […]
Study Finds Genetic Link to Effects of Psychedelic Drugs
Common genetic variations in a particular serotonin receptor could be responsible for the varying effects psychedelic drugs have on different individuals, according to a recently published study from researchers at the University of North Carolina. The study, which comes at a time of reinvigorated research into the potential therapeutic benefits of psychedelic drugs, could shed […]
Illinois Marijuana Sales Hit $135 Million In July, Second Highest Total Since Adult-Use Market Launch
Illinois retailers sold more than $135 million worth of adult-use marijuana in July, the largest monthly sales total so far in 2022 and the second biggest month since sales first launched, the Illinois Department of Finance and Professional Regulation (IDFPR) announced on Wednesday. While the July sales figure is still about $2 million less than […]
