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
Register Here Reminder! We are all set for our latest cannabis business webinar, tomorrow, February 28th, focused on “Cannabis Loans and Investments”. In 2024, a constellation of factors makes things very interesting for both cannabis industry investors and businesses: More states are open for business and investment than ever before In the macroeconomic environment, interest
California’s cannabis taxes are a disaster, with no end in sight. I’ve written about the state’s tax problems extensively, but today I want to talk about what the state can do when it comes to tax collection. Late cannabis taxes? Get used to hefty penalties If a licensed cannabis business fails to timely or fully
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
A lesser-known cannabinoid, THCV, appears to have more energizing effects without the fatigue and “munchies” associated with marijuana’s more prominent delta-9 THC compound, according to a new double-blind clinical study. On Tuesday, the cannabis genetics company Phylos and marijuana research firm People Science announced the results of the study... Read more
North York borough, a small borough in York, Pennsylvania, might decriminalize cannabis at a small level, making it one in a line of local Pennsylvania counties that have taken this step. Despite the tiny town size of about 2,200 residents, this is still making the news because of the... Read more
We’re seeing a psychedelic renaissance today, especially when it comes to the psychoactive compound in magic mushrooms, psilocybin, and its potential applications in mental health treatments. Many are well aware that this substance, along with other psychedelics, first saw modern popularity in the West back in the ‘60s and... Read more
