Wisconsin stands to generate nearly $170 million annually in tax revenue under an adult-use marijuana legalization bill introduced by a top Senate Democrat, according to state officials. About one month after the cannabis bill was filed by Senate Minority Leader Melissa Agard (D), the Department of Revenue released a... Read more
For nearly as long as the federal government has classified marijuana as a Schedule I controlled substance, the Food and Drug Administration (FDA) has been evaluating applications from researchers seeking to develop therapeutic drugs from the plant. In a pair of newly published documents, the agency looks back on... Read more
The Magnolia Bakery, perhaps one of the most famous bakeries in the world, is now entering the cannabis edibles market. You may know Magnolia Bakery from scenes in Sex and The City, Saturday Night Live, or Broad City. Their cakes (and world-famous cupcakes), are to die for. And now,... Read more
A cost-benefit analysis of the impact of a proposed cannabis legalization measure in Ohio has determined that legalization would generate a net economic benefit of $260 million per year. Ohio voters go to the polls next week to decide on Issue 2, which would legalize marijuana for adults 21... Read more
Country cannabis outlaw and icon Willie Nelson entered the Michigan cannabis market, debuting his cannabis brand in the state last week. Michigan is the eighth state so far to sell flower from the singer-songwriter’s exclusive cannabis brand, Willie’s Reserve, which will be available at all Puff locations and several... Read more
Home values in states that have legalized cannabis were higher and grew at a faster rate than in non-legal states, according to a recently published study. The research examining residential real estate prices found that home values in states with recreational cannabis have outpaced home values in other states... Read more
The University of Mississippi, commonly known as Ole Miss, will begin offering a masters degree program for medical cannabis research. According to the Mississippi Clarion-Ledger, Ole Miss will begin offering the program in late 2024. The online-only program through the Ole Miss School of Pharmacy will focus on the... Read more
Since the 2018 Farm Bill authorized hemp production and removed the crop from the Drug Enforcement Administration’s (DEA) schedule of Controlled Substances, the hemp-derived cannabinoid industry has boomed across the nation — including the sale of hemp-derived, psychoactive delta-8 and delta-9 THC. Virginia is one of the more recent... Read more
