Monitoring Weed’s Business Landscape
Make Way for Massachusetts The Massachusetts Cannabis Control Commission (CCC) recently shared that the state collected $1.8 billion in cannabis sales during 2023. The figure reflects a combined total of recreational cannabis sales ($1.56 billion) and medical cannabis sales ($225 million). That’s a significant increase between total sales from 2022, which landed at a total…
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Study: Daily or Near-Daily Cannabis Users Outnumber Alcohol Users of Same Frequency
The rising prominence of regular cannabis use over alcohol use is nothing new. We’ve witnessed myriad research in recent years showing that states with legal recreational cannabis see decreases in alcohol use, that Gen Z tends to prefer cannabis over alcohol and other reports noting that cannabis has consistently generated more tax revenue than alcohol…
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Brand Spotlight: Abstrax
When Abstrax started its recent research project, I doubt anyone could have imagined it would discover a whole new universe beneath our still-evolving knowledge of cannabis compounds. Now, they’ve released research suggesting how we understand how weed tastes or smells might just be the tip of the iceberg. Working with 710 Labs, SepSolve Analytical, and…
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New Bill Would Remove Louisiana Universities’ Cannabis Cultivation Licenses
Since 2015, Louisiana State University (LSU) and Southern University (SU) are the only two public institutions in Louisiana that can legally cultivate medical cannabis. However, if Senate Bill 228 is signed into law, it would allow private contractors to take their place instead. “They are the only two higher education systems in the country that…
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First Black, Woman-Owned Psilocybin Treatment Center Opens
A woman and minority-owned psilocybin treatment center in Oregon, the first of its kind, will soon open doors. It was co-founded by a mother and daughter team, Denise Taylor, a registered nurse (RN), and Laurie Thompson, an experienced meditator. Ashland Healing Center will provide relief to patrons for mental health conditions, PTSD, anxiety, depression, addiction,…
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Travel on High
When you hear the phrase “cannabis tourism,” what comes to mind? A party bus with smoke billowing out of open windows? Scaling the side of a grassy hill to get a glimpse of the cannabis promised land? Perhaps hitting a joint and then gently descending into a child’s pose? All of these are correct. Cannabis-related…
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Quit Meth, Get Paid in Innovative California Recovery Program
A new California program incentivizes people using meth or cocaine with money if they can prove they are clean in an evidence-based system in which participants can earn incrementally more the longer they stay clean. Why? Because California is grappling with substance use disorder “crisis” with deaths from cocaine, meth, and other stimulants soaring in…
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Study To Determine Impact of Cannabis on Driving Ability Delayed
An Australian trial that will investigate the impact of medical cannabis on driving ability won’t be finished until late 2025. The Guardian reports that Australian cannabis advocates are disappointed that the Victorian government appears to be delaying the study despite the issue being called a priority. In February 2023, then-state premier Daniel Andrews pushed to…
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Delaware Bill Would Allow Medical Cannabis Operators To Sell Adult-Use Cannabis
In Delaware, a new bill is being proposed to allow medical cannabis businesses to also sell adult-use cannabis once the state’s adult-use sales begin. House Bill 408 was recently introduced on May 16 by sponsors Rep. Ed Osienski and Sen. Trey Paradee. Delaware’s Marijuana Control Act was enacted on April 27, 2023 without the signature…
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Iowa Governor Signs Bill To Regulate Hemp Products
On May 17, Iowa Gov. Kim Reynolds signed 20 bills prior to the end of the legislative session. One of which was House File 2605, which establishes regulations regarding hemp-derived consumable products that contain THC. The passage of HF-2605 includes new restrictions and penalties applied for hemp-derived consumable sales, manufacturing, and possession. Now, such products…
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