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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… Keep Reading

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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… Keep Reading

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Research Shows Evidence of Methylphenidate Provoking Relapse in Former Cocaine Users

In a study that was originally published late last year, researchers unveiled the risks for former cocaine users who may relapse by taking methylphenidate. Methylphenidate is used as a treatment for attention-deficit hyperactivity disorder (ADHD), and is often recognized through brands such as Aptensio XR, Concerta/Concerta XR-ODT, Jornay PM, and most commonly, Ritalin. As a… Keep Reading

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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… Keep Reading

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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… Keep Reading

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President Biden Announces Federal Government Will Reschedule Cannabis in ‘Monumental’ Announcement

President Joe Biden announced that the U.S. Department of Justice will officially reschedule cannabis, moving it from Schedule I, reserved for dangerous drugs with no medical value, to Schedule III. The news follows the historic announcement on April 30, that the U.S. Drug Enforcement Administration (DEA), will move to reclassify cannabis under Schedule III, the… Keep Reading

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Psychedelic Toad Toxins Could Treat Depression, Anxiety Without Hallucinations

Hallucinogenic compounds that activate multiple receptors, found in Colorado River toads, show “promising transdiagnostic therapeutic with rapid and lasting effects” for conditions such as depression and anxiety, new findings show, and you don’t necessarily need to hallucinate to therapeutically benefit from the compounds.  While much is known about the serotonin 5-HT2A receptor, this study explored… Keep Reading

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Cannabis Products Recalled in Arizona Over Possible Contamination

Regulators in Arizona announced this week that a cannabis establishment in the state has voluntarily recalled a certain product that may be contaminated with a fungus. The Arizona Department of Health Services said on Monday that a product known as Onion Bhaji was recalled “due to possible contamination with Aspergillus, a fungus that can cause… Keep Reading

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