Insights

MARYLAND-- Maryland lawmakers have passed a bill that will legalize recreational cannabis sales starting on July 1, 2023. The new law will allow the state's existing 102 medical cannabis operators to have first access to recreational sales, but hundreds of other businesses will also be allowed to enter the market. The Baltimore Banner reported that ...

LOS ANGELES-- The legal cannabis industry in the United States generated over $26 billion in sales last year, according to the 2023 Vangst Jobs Report. The report, released by Vangst, a leading cannabis industry jobs platform, found that there are now 417,493 full-time equivalent jobs supported by the legal cannabis industry in the country. This ...

NEW YORK--As MJ Unpacked, the premier event for the cannabis industry, gears up to take the stage in New York City from April 26-28, the East Coast cannabis market is poised for massive growth. However, despite the exciting prospects ahead, the industry faces significant challenges, particularly when it comes to issues of social equity and ...

LOS ANGELES-- ACT Laboratories and SC Labs, two of the largest cannabis testing labs in the United States, have joined forces to introduce the Trust In Testing Certification. This initiative establishes a national set of strict quality standards for cannabis testing, which will help operators unify their testing protocols across their multi-state footprints and provide ...

KENTUCKY-- Kentucky Governor Andy Beshear signed Senate Bill 47 into law on Friday, allowing private industry to sell cannabis beginning in 2025. This move puts Kentucky on the map in the modern cannabis industry, and it was hailed as a win for cannabis reform by cannabis advocates. The bill, which passed in the state House ...

NEW YORK-- One of the few legal cannabis retailers in New York state, Union Square Travel Agency, has added THC potency disclaimers to its products due to inaccuracies in the current lab testing system. The flawed system is responsible for determining cannabis product potency, which is displayed on labels for customers to see. The disclaimers ...

MISSOURI-- Since the launch of recreational cannabis sales in Missouri, the state has experienced a surge in demand that has caused prices to skyrocket. Within two months of the launch, cultivators have struggled to meet the overwhelming demand, resulting in higher production costs for manufacturers and steeper prices for consumers at dispensaries. As a result, ...

VANCOVER-- Andira Pharmaceuticals has partnered with the University of British Columbia (UBC) to conduct a pharmacologic characterization of its lead compounds for metastatic breast cancer. The collaborative research program will be headed by Dr. Karla Williams, PhD, Canada Research Chair in Oncology, Michael Smith Foundation for Health Research Scholar, and Assistant Professor at the UBC ...

Hui-lin Lifrom 100 AD The Chinese botanist noted the medical properties of the plant for inducing sleep in pained patients, paving the way for surgical anesthetic. The chinese term for anesthesia- mázui- literally means ‘cannabis intoxication.’   Nicholas Culpeper  1616-1654  "The British herbalist Nicholas Culpeper (1616–1654) wrote ‘The English Physitian’ that hemp extract can assist ...

MISSISSIPI-- Mississippi’s medical cannabis industry is set to see some changes, following the final approval of a new bill that aims to make life easier for the state’s medical cannabis operators. House Bill 1158, passed by both chambers as of last week, now awaits Governor Tate Reeves’ signature. The bill comes less than three months ...

AUSTISN-- The SXSW conference in Austin, Texas, known for its focus on cutting-edge tech, music, and film, also hosted a cannabis track of sessions this year, along with a psychedelics track for the first time. During the cannabis track, consultant Andrew DeAngelo challenged his panelists for answers on why federal legalization had not seen any ...

LOS ANGELES-- A recent study published in the journal Hospital Pediatrics has revealed that a disproportionate number of Hispanic or African American patients are subjected to Cannabis-specific drug screening during the labor and delivery process. The study, conducted by researchers from Harvard Medical School, analyzed the characteristics of 1,924 patients who underwent peripartum toxicology testing ...

LOS ANGELES-- A new study has found that medical cannabis products are generally well-tolerated and can lead to significant improvements in the health-related quality of life of patients. The research, published in the journal Expert Review of Clinical Pharmacology, assessed the safety and efficacy of cannabis-derived products in 2,833 patients enrolled in the UK Medical ...

OKLAHOMA--Oklahoma voters have rejected a ballot initiative that would have legalized adult-use cannabis in the state. State Question 820, which would have allowed adults aged 21 and over to possess, cultivate, and purchase cannabis for recreational use, was defeated in a vote that saw nearly 62% of voters say no. Despite support from several high-profile ...

LOS ANGELES-- Women-owned and operated cannabis companies have been facing difficulty in securing funding equal to their male counterparts. In 2022, only 1.9% of funding went to women-led or owned startups, highlighting a major funding gap. Many women entrepreneurs struggle with the unfamiliar language of the fundraising process and lack access to the same resources ...

LOS ANGELES-- Adastra Holdings, based in British Columbia, has announced that it has been granted permission by the Canadian federal government to sell both cocaine and psilocybin. However, Health Canada, the federal agency governing the nation's cannabis industry, clarified that sales would only be permitted to pharmacies, hospitals, and researchers. The license allows the company ...

Grower Essentials:  The Gas Lantern Technique   Cannabis cultivation - and agriculture in general - go back thousands of years. And while incredible technological advances have been made, even more so recently, there are some tried and true methods that generation after generation of farmers continue to embrace. As the old adage goes - if ...

WASHINGTON-- American Weed Co, a new cannabis company owned and operated by veterans, has announced it will devote a portion of its revenue to combating the epidemic of veteran suicide and modernizing outdated federal cannabis policies. Co-founders and co-CEOs, Ryan Brooks and Sean Gilfillan, have announced that they will travel to Washington, D.C., next week ...

OKLAHOMA CITY, In just under two weeks, voters in Oklahoma will have the opportunity to decide whether to legalize recreational cannabis in addition to the state's already expansive medical cannabis market. The measure, State Question 820, would significantly expand access to cannabis for consumers and entrepreneurs alike in Oklahoma, which already boasts one of the ...

NEW YORK, New York's adult-use cannabis program has finally started to take shape with four legal stores now open and operating. However, the road to get here has been long and fraught with challenges, and the program is still very much a work in progress. The Office of Cannabis Management (OCM), which oversees the program, ...

LOS ANGELES-- The cannabis industry in California is still facing major obstacles despite being the most populous state in the US. Many businesses are struggling to turn a profit in the market due to a range of systemic issues. One of the key issues is the veto power that local governments have over commercial cannabis ...

LOS ANGELES- According to a recent study by researchers from the University of Minnesota, CU Boulder, and the CU Anschutz Medical Campus, legalizing recreational cannabis at the state level does not increase substance use disorders or use of other illicit drugs among adults. That is, cannabis is not a ''gateway drug'' leading on to other ...

DUBLIN - This report provides a complete analysis of Worldwide Industrial Hemp Industry. The Global Industrial Hemp Market will grow to US$ 15.01 Billion in 2028, according to the publisher. Company Analysis Marijuana Company of America Inc. American Cannabis Company, Inc. Ecofibre Limited Aurora cannabis Agropur Darling ingredients Inc. The hemp industry worldwide is booming, with a ...

PALM BEACH, Fla. - The cannabis business is one of those atypical industries that actually flourished because of the pandemic. The global worldwide market has significantly grown in all its segments. A recent report from statista.com projected that: "Revenue in the Cannabis market is projected to reach US$47.20bn in 2023; Revenue is expected to show ...