Washington State Unveils $200 Million Plan To Address Drug War’s Racially Disparate Harms
FeaturedMarijuana IndustryMarijuana Industry News November 4, 2023 0
The Washington State Department of Commerce released a document this week recommending how $200 million should be spent to address racial, economic and social disparities created by the war on drugs. The 92-page Community Reinvestment Plan was developed by the department, the state Office of Equity and the Harriet... Read more
Colorado Should Be At The ‘Center’ Of Global Marijuana Market, Governor Says As He Unveils New Cannabis Budget Proposals
FeaturedMarijuana IndustryMarijuana Industry News November 4, 2023 0
The governor of Colorado says his state should be at the “center” of the national and global marijuana trade once broad prohibition is lifted—and in the meantime he’s proposing new cannabis tax revenue distributions at the state level to further promote equity and streamline licensing as he pushes for... Read more
Wisconsin Could See Nearly $170 Million Annually In Marijuana Revenue Under Top Democratic Senator’s Legalization Bill, State Analysts Estimate
FeaturedMarijuana IndustryMarijuana Industry News November 4, 2023 0
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
Indiana Lawmakers Mull Marijuana Legalization At Six-Hour Committee Meeting, But Fail To Make Recommendations
Marijuana IndustryMarijuana Industry News November 3, 2023 0
“We owe it to the taxpayers, the Hoosiers here in Indiana, to thoroughly study this.” By Casey Smith, Indiana Capital Chronicle Could Indiana be moving towards less stringent marijuana laws, or even total cannabis legalization? State lawmakers floated those questions Wednesday during a six-hour meeting at the Statehouse. The... Read more
New FDA Documents Look Back On 50 Years Of Marijuana Research While Previewing Future Studies On Terpenes And Edibles
FeaturedMarijuana IndustryMarijuana Industry News November 3, 2023 0
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
California Campaign Withdraws 2024 Ballot Measure To Create State Psychedelics Research Agency
Marijuana IndustryMarijuana Industry News November 3, 2023 0
A California campaign has withdrawn its proposed ballot initiative to create a $5 billion state agency tasked with funding and promoting psychedelics research. That leaves two separate campaigns left to put psychedelics reform on next year’s ballot after the governor vetoed a bill to legalize possession of substances like... Read more
Home Values Have Increased Significantly More In States That Legalized Marijuana Than Those That Kept Criminalization, Real Estate Study Finds
FeaturedMarijuana IndustryMarijuana Industry News November 2, 2023 0
Home values have grown at a significantly higher rate in states that have legalized marijuana compared to non-legal states over the past decade—with the average price of a home in a legalization state now 41 percent higher than those that have continues to criminalize cannabis—according to a new report... Read more
Maryland Counties Consider New Marijuana Zoning Limits Ahead Of State’s Social Equity Expansion Plans
Marijuana IndustryMarijuana Industry News November 2, 2023 0
“Could it be that some creative lawyers could advise you to build a pocket park or a tiny library in a place where you don’t want a dispensary to be located?” By Bryan P. Sears, Maryland Matters County leaders are being warned to be reasonable when considering using zoning... Read more
Connecticut Officials Double The State’s Marijuana Purchase Limit For Adults
FeaturedMarijuana IndustryMarijuana Industry News November 2, 2023 0
Beginning next month, adults in Connecticut will be able to buy up to half an ounce of marijuana in a single retail transaction—double the state’s current purchase limit of a quarter ounce. Connecticut’s Department of Consumer Protection (DCP) announced the scheduled increase on Wednesday, explaining that the limit is... Read more
Congressional cannabis champion retiring (Newsletter: November 1, 2023)
Marijuana IndustryMarijuana Industry News November 1, 2023 0
DEA wants more psychedelics; Marijuana amendments in Congress; MN cannabis rules underway; PA licensing bill advances; Drug legalization handbook Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know which cannabis stories are shaping the day. Your support makes... Read more
