The recent Green Rush wave of recreational cannabis legalizations in multiple states, which include Connecticut and New York, has caused one prominent industry market researcher to revise its U.S. forecast for 2022 to $30 billion. This is a jump from the previous $28 billion estimate. Not only that, but according to a quarterly update report by Hea
There are several reasons that could explain the drop, including Sen. Schumer’s acknowledgment that the current draft of the Cannabis Administration and Opportunity Act may not garner enough votes to pass in the Senate. Wednesday was a historic day for the marijuana industry with the unveiling of the highly-anticipated Senate bill that would federa
This is a rule that prohibits consumers from purchasing an ounce of their favorite strain while also purchasing a few pre-rolls at the same time. On June 23, 2021, Governor Kate Brown signed SB 408 into law which included a host of important reforms for which Oregon’s cannabis industry has been lobbying for years. The chief backer of SB 408 this se
A promising new study involving patients in Canada—most of them over the age of 50—found they experienced improvements in the symptoms caused by chronic pain, post-traumatic stress disorder (PTSD), and sleep disorders after starting therapy with medical cannabis. The study backs up past research that has shown cannabis has a positive impact, especi
A group of U.S. senators has unveiled The Cannabis Administration and Opportunity Act, the long-awaited cannabis reform bill that would effectively end decades of prohibition and federally legalize the drug. Below are six of the draft legislation's key parts that will be put forward for public comment by Sept. 1, after which a final bill will be fi
Delta-8 in Michigan is getting a legal makeover. Democratic Gov. Gretchen Whitmer of Michigan signed legislation on Tuesday that regulates Delta-8 THC, a psychoactive cannabinoid derived from hemp. Under the package of bills passed by lawmakers and approved by Whitmer, Delta-8 THC products will only be legally available from cannabis retailers lice
California just signed a new law into effect that will consolidate the state’s cannabis programs into one department.  This was done to help simplify regulatory oversight and make access to licenses more clear and straightforward for those seeking to find them.  It would consolidate the three agencies that already exist to regulate legal cannabis i
Although states with legal recreational marijuana programs have been notably careful to ensure product safety, as with any industry, mistakes happen.  This time, the state of Michigan recently recalled 10,000 cannabis-infused chocolate edibles dubbed Covert Cups, having discovered the products had not undergone adequate inspection after being manuf
A New Mexico regulatory agency hopes to avoid a possible shortage by raising the number of marijuana plants that licensed producers could produce. The Cannabis Control Division of the state Regulation and Licensing Department last week raised the previously planned per-grower limit of 4,500 plants to 8,000, and producers also would be able to apply
Sha’Carri Richardson’s disqualification provides an excellent opportunity for sports organizations to evaluate their marijuana policies. On June 28, U.S. sprinter Sha’Carri Richardson was suspended for one month by the World Anti-Doping Agency (WADA) for using cannabis, effectively disqualifying her from competing in the Olympics. The suspension of
Regarding the medicinal properties and therapeutic properties of Cannabis sativaThe unsolved mystery is whether there is a “encouragement effect” that relieves the pain of the whole plant more than any of its individual parts. A new study of the University of Arizona Health Sciences supports the theory of aide effects and is promising for pain trea
The COVID-19 pandemic caused an unprecedented and worrisome impact on all businesses and sectors across the world. The cannabis and liquor businesses were not spared, and it is expected to think about the state of these businesses post-COVID-19.  Interestingly, one of the focal points to consider is the priority people will place on both substances
Though public opinion has increasingly favored decriminalization of marijuana use in the last two decades, the process has been complicated by the public’s differing opinions on how marijuana should be decriminalized and for what reasons. While on a national level, marijuana distribution for any use is illegal under the Controlled Substances Act, 3
Eustis, Florida — 21 years oldst-Century greenhouse, for ancient crops. In the case of Glen Treadwell Treadwell farm, The crop is hemp. “I like the idea that it can be done all year round,” he said. “It’s a plant that catches you.” His family has been farming in Florida for over a century, but recently hemp has been added. “It’s one of the hardest
Nearly 88,000 marijuana convictions and pending cases have been vacated or dismissed since July 1, 2021, the New Jersey Judiciary announced on Monday. These are the first of up to 360,000 cases and convictions that are eligible for vacation, dismissal and automatic expungement “in the coming months.” The actions by the courts follow a state Supreme
The question of how a cannabinoid is “made” does not come up very often. That’s because it’s usually pretty simple, they are “made” by the cannabis plant. However, there are a few compounds that are byproducts of phytocannabinoids and some other type of chemical catalyst… meaning they aren’t 100% naturally derived. THC-O Acetate falls under this ca
When it comes to countries pushing for adult-use legalization in Central America, Mexico is likely the first nation that comes to mind, not Belize. That is understandable given the fact that Mexico’s Supreme Court ruled in late 2018 that cannabis prohibition was unconstitutional and tasked lawmakers at the time with implementing its decision. After
Israel is an international leader when it comes to cannabis, and that’s been the case for many decades. The country is home to world-renowned cannabis researcher Dr. Raphael Mechoulam who first isolated the THC cannabinoid in the 1960s. Mechoulam is often referred to as “the godfather of cannabis research” and from a cannabis research standpoint Is
It wasn’t too long ago that if you asked somebody what CBD was, they would look at you with a puzzled expression on their face. Today, CBD is on everyone’s lips, dominating the conversation on medical cannabis and its therapeutic effects and being touted as a health supplement at nutrition stores. It can also be purchased online and found in depart