In a new report, cannabis industry data and insight firm BDSA estimates that global cannabis sales for 2021 will near $31 billion—an increase of 41% of last year’s sales.
The U.S. House approved the Secure and Fair Enforcement Banking Act on Thursday in a bipartisan 316-113 vote as part of the latest National Defense Authorization Act, a military spending bill.
A recent study published in the journal Psychopharmacology suggests that users of synthetic cannabinoid products—such as Spice or K2 —experience more severe withdrawal symptoms than cannabis users, according to an International Business Times outline of the research. It is the first study focused on the long-term and withdrawal effects of using synthetic cannabinoids.
The Missouri Department of Health and Senior Services said Thursday that it had initiated the second required transfer of revenue from the state’s new medical marijuana program to the Missouri Veterans Commission.
South Dakota lawmakers on Monday approved most of the state Department of Health rules for the state’s voter-approved medical cannabis program but rejected some proposals including limiting the amount of high-potency cannabis patients can possess, requirements that medical practitioners could write recommendations for patients that want to grow more than the three plants allowed under the law, and a defined list of qualifying conditions, the Associated Press reports.
The legislative panel responsible for approving the rules that will govern South Dakota’s new medical marijuana law has approved a number of proposed regulations and sent other proposals back for review, in what was a crucial administrative step toward implementing the new statewide program.
Cannabis flower is now available to Virginia patients who can purchase up to four ounces per month, WRIC reports.
New York lawmakers approved two officials for the state’s adult-use cannabis program in a special session this week, WHAM reports.
Less than three years after the first licensed recreational marijuana retailers began doing business in Massachusetts, regulated cannabis dispensaries have rung up more than $2 billion in adult-use cannabis sales, state officials announced on Wednesday.
As Democrats in Congress appear eager to finally tackle comprehensive marijuana reform, Colorado Governor Jared Polis hopes they address one particular cannabis policy first.
The U.S. Department of Agriculture is moving forward with a large-scale survey to gain insight into the hemp market that’s emerged since the crop was federally legalized under the 2018 Farm Bill.