Insights

LOS ANGELES- The medical cannabis landscape continues to evolve, demonstrating significant economic contributions and offering vital insights into market trends. In 2024, data from licensed dispensaries and cultivation centers highlight robust retail and wholesale activities, reflecting growth and stability in this sector. This article delves into key figures from the past year and historical data ...

LOS ANGELES- Stockton University in New Jersey is set to become the first school in the state to offer an undergraduate degree in cannabis studies. The Bachelor of Science in Hemp and Cannabis Business Management will be available through Stockton's School of Business starting this fall. According to Stockton Adjunct Professor Rob Mejia, the cannabis ...

LOS ANGELES- Voters in Florida are approaching a pivotal decision on Amendment 3, which proposes to legalize recreational cannabis. Multiple polls indicate strong support for the amendment, suggesting it is likely to pass. Amendment 3 would allow individuals aged 21 and older to possess up to three ounces of dried cannabis flower and up to ...

BRUSSELS- A pioneering clinical study at Brugmann Hospital in Brussels is exploring the use of psilocybin, the active ingredient in magic mushrooms, to treat alcohol addiction. Over the next two years, 62 participants will receive low or high doses of psilocybin in an effort to develop new addiction treatments. The hospital explained on social media ...

LOS ANGELES- Since 2015, Minnesota's Medical Cannabis Program has provided treatment options for individuals with debilitating medical conditions, aiming to improve their quality of life. The following information outlines the steps to become a patient in the program. Step 1: Certification of Medical Condition To participate, a patient must be a Minnesota resident and have ...

LOS ANGELES- California this week ordered product recalls for five licensed cannabis products, including four vape pens and a vape cartridge, due to contamination with chlorfenapyr, a banned pesticide. These products, sold by West Coast Cure (WCC), include the Birthday Cake, Lemon Cooler, Lucky Charmz Curepens, Slymer Live Resin Cartridge, and Watermelon Sorbet Curepen. The ...

LOS ANGELES- The hemp market is undergoing significant changes as new regulations affect how products are manufactured, sold, and consumed. The legal landscape shapes the future of hemp-derived products, necessitating staying updated on industry trends and benchmarks. This article delves into the latest developments in hemp regulations, particularly in Louisiana, and explores forecasting tools that ...

LOS ANGELES- A recent poll commissioned by the Brighter Future Alliance and conducted by Public Opinion Strategies revealed that 57% of likely North Dakota voters are against the legalization of recreational cannabis for adults over the age of 21, with 43% in favor. Initiative for Legalization In April, North Dakota Secretary of State Michael Howe ...

LOS ANGELES- Kentucky officials will begin accepting applications for the state’s medical cannabis growers, manufacturers, and retailers starting on Monday, July 1. Kentucky Gov. Andy Beshear has announced that officials will begin accepting business applications starting Monday, July 1, for the state’s medical cannabis growers, manufacturers, and retailers, ABC News reports. Additionally, starting next week, ...

NEW YORK- The NCAA Division I Council made a significant policy shift on Tuesday, voting to remove cannabinoids from the banned substance list for championships and postseason football participation, effective immediately. This decision marks a pivotal change in the treatment of student-athletes' cannabis use, aligning with the broader trend of increasing acceptance of cannabis in ...

LOS ANGELES- Officials from the Minnesota Office of Cannabis Management reported receiving more than 700 applications for social equity licenses within the first 24 hours of the application window opening. This surge in applications underscores the high level of interest in the state’s new cannabis licensing program. The state program prioritizes social equity candidates, including ...

LOS ANGELES- Cybin Inc. announced its audited financial results for the fiscal year ending March 31, 2024. The company, which currently has no revenue, reported cash holdings of C$209 million at the end of the fourth quarter. Financial Performance Cybin reported a net loss of C$21 million for the fourth quarter, with operating expenses totaling ...

LOS ANGELES- A recent poll by the University of New Hampshire Granite State Poll reveals that 65% of New Hampshire residents support legalizing cannabis for adult use, reflecting strong public backing. This contrasts sharply with House lawmakers' recent decision to table a cannabis legalization bill, effectively halting its progress. Public Opinion on Cannabis Legalization The ...

LOS ANGELES- The latest Healthy Kids Colorado Survey reveals a notable decline in cannabis use among high school students, with a 37% decrease in reported use over the past month from 2013 to 2023. Additionally, the survey found that the number of teens who found cannabis “easy” to obtain dropped by 27% during the same ...

LOS ANGELES- On June 6, 2024, the Dutch State Committee MDMA presented its report titled "MDMA: Beyond Ecstasy" to the Dutch Minister of Medical Care. The six-member committee, chaired by Brigit Toebes and co-chaired by Wim van den Brink, included experts in international law, addiction, psychiatry, criminal law, emergency medicine, and prevention. The committee's task ...

LOS ANGELES- This year’s California State Fair, beginning July 12 in Sacramento, will feature cannabis sales and a designated consumption area, signaling the growing acceptance of cannabis in mainstream America. This marks the first time in the fair's 170-year history that such activities are permitted. In 2022, the California State Fair introduced cannabis with an ...

LOS ANGELES- Minnesota lawmakers have codified a Minnesota Supreme Court decision that prevents law enforcement from using the smell of cannabis as the sole basis for searching a vehicle. This decision follows the legalization of cannabis in the state and was officially incorporated into law as part of the judiciary and public safety supplemental budget bill ...

LOS ANGELES- The American Medical Association (AMA) voted to support drug decriminalization at its annual House of Delegates meeting in Chicago on June 12. MD/PhD candidate Ryan Englander highlighted the inefficacy of the war on drugs, urging for a shift towards more effective measures. Englander emphasized the failure of criminalization in addressing the substance use ...

NEW YORK- New York has made notable progress in cannabis regulation, introducing new rules that allow adults to cultivate plants for personal use. This development is part of the state’s broader strategy to foster a regulated cannabis market. However, it coincides with growing concerns over unlicensed sales and enforcement issues, creating a complex landscape for ...

LOS ANGELES- Ohio's cannabis law permits individuals aged 21 and older to possess up to 2.5 ounces of cannabis and up to 15 grams of cannabis concentrates. Additionally, residents can cultivate up to six cannabis plants at private residences. The law also allows licensed cannabis stores, regulated by the Division of Cannabis Control, to sell ...

LOS ANGELES- Nebraskan advocates are urgently working to collect signatures for their medical cannabis initiative to be included on this year’s ballot. The advocacy group Nebraska for Medical Marijuana (NMM) is appealing to supporters to help gather the necessary signatures before the approaching deadline. NMM campaign manager Crista Eggers sent an email on June 6, ...

LOS ANGELES- The Rhode Island Department of Labor, in collaboration with the Community College of Rhode Island (CCRI), will offer a free cannabis training program to a select group of students. This initiative aims to equip individuals with the skills needed to enter and thrive in the state's growing cannabis industry. Announced on May 29, ...

NEW YORK- South Dakota voters will have another opportunity to decide on the legalization of adult-use cannabis. Initiated Measure 29, which aims to legalize the recreational use, possession, and distribution of cannabis, will be on the ballot for the 2024 general election on November 5. On June 3, Secretary of State Monae L. Johnson confirmed ...