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Fri
23
Jul

Representative Alexandria Ocasio-Cortez Proposes Psychedelic Amendment

Representative Alexandria Ocasio-Cortez is well-known for making headlines, and her most recent action garnering attention is her support of more studies on psychedelic drugs.

Thu
22
Jul

Marijuana growing and processing facilities could soon be coming to Charlotte

CHARLOTTE, Mich. — Charlotte's City Council has decided that they're not going to allow marijuana shops in the city anytime soon, but the community could see marijuana growing and processing facilities.

On average, each dispensary brings in about $28,000 in tax revenues to a community according to Mayor Michael Armitage. City officials didn't move forward with dispensaries because they didn't believe those revenues would offset the administrative burden, he said.

Fri
11
Sep

Results Are In: Who Pays the Most in Cannabis Taxes?

Currently, there are 11 states that allow legal recreational use.

While this is a huge win, many cultivators and customers know that this victory comes with a price.

Tue
07
Jul

FDA Issues Guidance On Prescription Drug Marketing Act

In response to the COVID-19 emergency, the FDA is announcing a temporary policy regarding enforcement of the requirement for drug samples.

Mon
08
Jun

The 4 Likeliest States to Legalize Marijuana in November

Despite its numerous growing pains over the past year and change, marijuana remains one of the fastest expanding industries on the planet. After logging $10.9 billion in legal worldwide sales in 2018, Wall Street has global pot sales hitting anywhere from $50 billion to $200 billion by 2030.

Fri
17
Apr

UK’s First Virtual Cannabis Legalisation Rally to be Held on 4/20

As the UK’s Coronavirus lockdown continues, it has become increasingly difficult for people to come together – physically, at least. With all kinds of events cancelled, from football matches, music concerts, and exhibits, some organisers are attempting to embrace technology as a possible alternative. Cannabis legalisation advocates and 4/20 events are no exception.

Tue
03
Dec

CBD forecasts likely to be slashed on FDA warning: Analyst

CBD wholesalers should “have big concerns” about the U.S. Food and Drug Administration’s growing unease about the safety of the cannabis compound, according to one chief executive officer.

The FDA said Monday that it “cannot conclude that CBD is generally recognized as safe among qualified experts for its use in human or animal food.”

It added that “some of the available data raise serious concerns about potential harm from CBD,” including liver injury, drowsiness, diarrhea and changes in mood, and raised questions about its impact on children and pregnant or breastfeeding women.

Tue
21
May

Civil rights groups calling on Congress to evaluate DEA’s war on drugs effectiveness

Civil rights groups such as ACLU, NAACP and Drug Policy Alliance sent a letter to the House Committee on Appropriations last month to ask for a suspension of DEA’s war on drugs until the effectiveness of their actions has been reviewed.

Thu
09
May

How universities are adapting cannabis curriculums

This past spring, ZipRecruiter’s CEO, Ian Siegel, revealed that cannabis is the fastest growing job category in the United States. With 445 percent year-over-year growth in job listings, cannabis is far outpacing tech and healthcare career growth (245 and 70 percent, respectively). Data released by Mordor Intelligence suggested that the country’s market value could reach $65 billion by 2023. Potential supporting evidence comes from cannabis staffing agency Vangst which reported a 690 percent jump in job listings since 2017.

Tue
07
May

The giant cannabis problem no one saw coming

States like Oregon and Washington have too much cannabis and not enough demand.

When states started legalizing cannabis, lawmakers worried about setting fees and rules for licensing and legislating where cannabis dispensaries could set up shop. The last thing they thought they needed to worry about was an oversupply of cannabis.

But that’s exactly what’s happening in Oregon and Washington. The two Pacific Northwest states hope to correct their cannabis markets by tweaking local laws, but it appears that the only panacea for their woes could be the full legalization of cannabis at the federal level.

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