Psychedelics including psilocybin are now officially decriminalized in Colorado, where voters decided last month to end criminal penalties for possessing the drugs. Colorado Governor Jared Polis issued a proclamation on Tuesday declaring that Proposition 122, also known as the Natural Medicine Health Act, had passed muster with the voters... Read more
The Denver district attorney’s office has dropped felony drugs charges filed against Rabbi Ben Gorelick, citing voters’ approval of a psilocybin legalization ballot measure in last month’s midterm elections. At a preliminary hearing in the case on December 8, prosecutors moved to dismiss charges against Gorelick and a chemist... Read more
A bid to include the SAFE Banking Act in a must-pass defense spending bill has failed, leaving advocates searching for a way to pass the legislation that would grant the legal cannabis industry access to banking services. Proponents of the measure had hoped to include provisions of the banking... Read more
It’s been a year of big change for NCIA. As we come to the end of 2022, we want to take a moment to send a message to our members and supporters about these changes, and most importantly, get excited for what’s next for the future of NCIA events.... Read more
Democratic Senator John Hickenlooper of Colorado on Thursday introduced legislation designed to prepare the country for national cannabis legalization, laying the groundwork for drafting regulations to govern legal marijuana at the federal level. The bill, the Preparing Regulators Effectively for a Post-Prohibition Adult Use Regulated Environment (PREPARE) Act, directs... Read more
by Joshua Gilstrap, e2b teknologies Over the years, the simple possession or use of cannabis has seen many lives upended by arrests and criminal convictions. Unfairly, racial disparities have determined that black and brown individuals suffer most of these convictions, arrests, and prosecutions, even though white individuals use and... Read more
Law-abiding marijuana enthusiasts could find themselves in a bit of a predicament following voter approval of a recreational cannabis initiative in Missouri. Though it soon will become legal for adults to possess and ingest cannabis, it could take a couple more months before they can legally buy it. Maryland... Read more
Voters in Colorado on Tuesday approved a ballot measure to decriminalize the therapeutic use of natural psychedelics including psilocybin, the psychoactive compound in magic mushrooms. With 88% of the vote counted as of Wednesday evening, Proposition 122, the Natural Medicine Health Act, had garnered more than one million voters,... Read more
Schwazze Announces Third Quarter Results Record Quarterly Revenue and Adjusted EBITDA Revenue Increased 36% to $43.2 Million Compared to $31.8 Million in Q3 2021 Nine Month Revenue Increased 46% to $119.2 Million Compared to $81.9 Million Adjusted EBITDA of $15.9 Million, 36.7% of Revenue Nine Month Adjusted EBITDA of... Read more
Ten years ago this month, Colorado voters did something that had never been done before in the world: They legalized the use and sale of marijuana at the state level. Technically, voters in Washington state passed a legalization measure on the same day, Nov. 6, 2012, but Colorado can... Read more
