Trulieve Reports Fourth Quarter and Full Year 2023 Results Highlighting Year End Momentum and Cash Generation Fourth quarter performance delivered highest revenue and gross margin for the year Record cash flow from operations of $202 million and free cash flow of $161 million* in 2023 Expect 2024 cash flow... Read more
Ohio medical marijuana patients and caregivers will soon only need to pay one penny to obtain or renew their registrations, regulators have announced. And in New Jersey, the state is fully eliminating the cost of obtaining a medical cannabis card. As Ohio prepares to implement a voter-approved adult-use legalization... Read more
A Missouri Senate committee has approved a Republican-led bill to legalize the medical use of psilocybin by military veterans and fund studies exploring the therapeutic potential of the psychedelic. The Senate Emerging Issues Committee passed the legislation from Sen. Holly Thompson Rehder (R), with amendments, on Tuesday. As revised,... Read more
At least four U.S. states are on track to consider adding female orgasmic disorder (FOD) as a specific qualifying condition for medical marijuana, with supporters pointing to a growing body of research showing that cannabis can significantly improve orgasmic frequency, ease and satisfaction in people with FOD. Ohio is... Read more
Psilocybin proposal Senate Memorial 12 (SM-12) was recently signed by Gov. Michelle Lujan Grisham. SM-12 is referred to as memorial legislation, which is more of an official request for research, unlike other bill proposals. “A memorial requesting the Department of Health to study the efficacy of using psilocybin mushrooms... Read more
An Uber driver in Florida faces felony drug charges after he allegedly tried to sell psilocybin mushrooms and LSD to his passengers. A series of transactions climbed up to 200 hits of LSD on gel tabs and a quarter-pound of shrooms in one transaction. If you’re going to offer... Read more
As Alaska lawmakers continued to advance legislation to study how to license and regulate psychedelic-assisted therapy in anticipation of federal approval, a new survey has found that nearly half (49.4 percent) of adults in the state would support a ballot measure to more broadly remove criminal penalties for using... Read more
Supporters of legalizing retail marijuana sales in Virginia are scrambling after a Senate committee on Tuesday moved to adopt amendments to pending legislation to enact the reform. In making the changes, senators brought the House-passed measure away from a negotiated compromise reached last week—a move that could eventually send... Read more