MSO Stocks Soar After Biden Video Confirms Cannabis Is Moving to Schedule III
Cannabis stocks spiked immediately after President Joe Biden announced the reclassification of cannabis from a Schedule I to a Schedule III drug, endorsing the Justice Department’s recommendation. Biden posted a video on X at 1 p.m. May 16, declaring that the U.S. Department of Justice would indeed reclassify cannabis, and within hours, cannabis-related stocks began…
You might be interested in
New Hampshire Senate Passes Cannabis Legalization Bill
Medical cannabis is legal in New Hampshire, but recreational use has only been decriminalized, not legalized. However, the New Hampshire Senate recently approved of a cannabis legalized bill in a 14-9 vote on May 16, and it’s the farthest that any cannabis legalization bill has reached to date. If passed into law, House Bill 1633-FN-A…
You might be interested in
Psychedelics Task Force Bills Signed by Maryland Governor
On May 17, Maryland Gov. Wes Moore signed two bills that will create a psychedelic task force, called the “Task Force on Responsible Use of Natural Psychedelic Substances,” which was established by the passage of House Bill 548 and Senate Bill 1009. Effective starting on July 1, 2024, the two bills green light recruitment for…
You might be interested in
The Real Sticky Icky Icky
Willie Nelson. Cypress Hill. Bob Marley. Aside from them, not many artists are more synonymous with cannabis than Snoop Dogg. Following his appearance on Dr. Dre’s 1992 single “Deep Cover,” the D-O-Double-G played a starring role on Dre’s debut solo album, The Chronic, which (in addition to the title itself) put their affinity for the…
You might be interested in
The Library of Cannabis
Up in California’s Emerald Triangle, just north of Cal Poly Humboldt and nestled between the Mad River and a community forest, HendRx Farm is a commercial nursery dedicated to cataloging the community’s work with the cannabis plant. What started as a simple 400-square-foot operation now spans almost 10,000 square feet across multiple locations, keeping around…
You might be interested in
The Weirdos State of the Union
Another year being weird is in the books, and what an eventful one it’s been! From THCa to Schedule III, our community is jumping through as many loopholes as ever, and with just as many doomsayers out there waiting to yuck our yum. It can be both exhausting and exhilarating at the same damn time.…
You might be interested in
Gifting Parties in Connecticut Can Continue with Limits Under Settlement with Attorney General
Gifting parties—events that allow guests to buy a random item that includes a cannabis “gift”—will be subject to strict rules after Connecticut’s attorney general arrived at an agreement with organizers of one such event that attracted attention of state officials. Attorney General William Tong announced May 15 that he reached an agreement, with stipulations, that…
You might be interested in
Twenty-One of 27 European Union Countries Legalized Medical Cannabis, Report Highlights
Medical cannabis is taking over Europe, as well as efforts to decriminalize cannabis in numerous countries and at local levels. In a pattern similar to what took place in the U.S., European nations are legalizing cannabis for medical or recreational purposes in a patchwork of new laws. According to a May 16 press release from…
You might be interested in
New Study Analyzes the Effects of THCV, CBD on Weight Loss
New research, which was published in the journal Cannabis, shows evidence of the weight loss effects of cannabinoids such as THCV and CBD. The study’s official title is “Weight Loss and Therapeutic Metabolic Effects of Tetrahydrocannabivarin (THCV)-Infused Mucoadhesive Strips,” and studied participants’ use of oral strips to administer a combination of THCV/CBD or a placebo.…
You might be interested in
DEA Report Reflects Average Potency of THC in Illegal Cannabis at 16%
The Drug Enforcement Administration (DEA) recently released a report on May 9 with details about its 2024 National Drug Threat Assessment (NDTA), which is dedicated to compiling data in relation to illegal drugs and trafficking trends within the U.S. DEA Administrator Anne Milgram introduced the report to warn of the many threats to public safety…
You might be interested in
