A new review of the science around the components of marijuana says the “complex interaction between phytocannabinoids and biological systems offers hope for novel treatment approaches,” laying the groundwork for a new era of innovation in cannabis-based medicines. Among other takeaways, the report, published earlier this month in the... Read more
South Dakota activists are “extremely confident” they’ve collected more than enough signatures to qualify a marijuana legalization initiative for the state’s November ballot. South Dakotans for Better Marijuana Laws (SDBML) will deliver the signatures to the secretary of state’s office on the turn-in deadline on Tuesday, the campaign announced... Read more
The leader of a marijuana prohibitionist organization that accurately predicted last week’s cannabis rescheduling recommendation now says that sources inside the Drug Enforcement Administration (DEA) are telling him that Anne Milgram, the agency’s administrator, “did not sign off” on the landmark decision. “I can now say with full confidence... Read more
3 Marijuana Stocks To Watch In May 2024
Voters in Lubbock, Texas have rejected a local measure to decriminalize marijuana. The city was the the first community to consider the reform on the ballot following Texas Attorney General Ken Paxton’s (R) legal actions against five other Texas cities with voter-approved decriminalization laws. Lubbock residents voted on a... Read more
Following an effort to attract more military veteran supporters of marijuana legalization, the campaign behind a Florida ballot measure to legalize adult-use cannabis—Amendment 3—is beginning to feature more veterans in media outreach. Smart and Safe Florida, the organization backing the initiative, announced last month that it’s working to form... Read more
If the federal government reschedules marijuana as proposed by the Justice Department, that would not legalize cannabis or bring state-regulated markets “into compliance” with federal law, congressional researchers said in a new analysis. However, moving marijuana from Schedule I to Schedule III of the Controlled Substances Act (CSA) would... Read more
The Biden administration’s move to federally reschedule marijuana “adds support” for an effort to legalize cannabis in Pennsylvania, the governor’s office says. While moving marijuana from Schedule I to Schedule III under the federal Controlled Substances Act (CSA) would not legalize it, a spokesperson for Gov. Josh Shapiro (D)... Read more
“We know from other states that when legal marijuana is taxed unnecessarily high, it only helps the illicit market.” By Rebecca Rivas, Missouri Independent A judge in St. Louis ruled Thursday that local municipalities can stack sales taxes on marijuana dispensaries, the first court ruling on a much-debated issue... Read more
Alaska’s House of Representatives on Thursday overwhelmingly approved amended legislation that would create a state task force to study how to license and regulate psychedelic-assisted therapy in the event of federal approval of substances such as MDMA and psilocybin. After adopting a handful of changes to the bill a... Read more
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