Sales of both medical and recreational cannabis in Colorado plummeted in June compared to the previous year, the state’s Department of Revenue reported, an alarming decline that industry officials attribute to a variety of reasons. Medical marijuana sales totaled $19,235,656 in June—down from $34,534,293 in June 2021. Recreational pot... Read more
A bipartisan group of state lawmakers and cannabis activists is calling on Missouri Governor Mike Parson to include recreational marijuana legalization in a special legislative session scheduled for later this month. The legislators and advocates also announced the launch of a campaign to oppose a voter initiative to legalize... Read more
New research once again destroys the lazy stoner stereotype, or the cannabis amotivational syndrome theory, instead showing both teen and adult cannabis consumers are “no less likely” to be motivated, nor are they less likely to show interest in rewards. ”Cannabis amotivational syndrome” is a hypothesis tossed around from... Read more
On Sept. 2, California Gov. Gavin Newsom signed Assembly Bill 1954 and Senate Bill 988. Assembly Bill 1954, which was introduced by Assemblymember Bill Quirk, will protect medical cannabis patients from being discriminated against by physicians and surgeons due to testing positive for THC. According to Cal NORML Director... Read more
Pennsylvania residents who have previously been busted for cannabis now have a pathway to a clean record. Gov. Tom Wolf and Lieutenant Gov. John Fetterman, both Democrats, announced last week the creation of the “PA Marijuana Pardon Project,” billed as an “effort to quickly pardon thousands of Pennsylvanians from... Read more
It was the C.I.A. that sent me to Russia. Not that I’d planned it that way. But after studying Russian language and culture for three years at the University of Miami, my yearning to visit the great Slavic motherland was impractical for one idiotic reason: no money. So I... Read more
You’re reading a copy of this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. The newsletter includes unique insight to help our readers stay ahead of the curve as well as links to the week’s most important news. Friends, Canadian... Read more
Brightly colored fentanyl pressed into pills or in a chalky form—called rainbow fentanyl—was found in 18 states, a press release from the Drug Enforcement Administration (DEA) warns, and drug dealers getting “kids and young adults” hooked early on. It was only a matter of time until fentanyl and other... Read more
Cannabis legalization is projected to cost conventional pharmaceutical companies billions of dollars in reduced drug sales and stock market value, according to a new study by researchers affiliated with California Polytechnic State University and The University of New Mexico. The researchers studied how the stock market returns of publicly... Read more
Afroman recently shared that his home in Ohio was raided on Aug. 21 by the Adams County Sheriff’s Office. Although he was in Chicago at the time of the raid, his neighbors told him about what was going on. He also shared multiple security footage videos on Instagram showing... Read more
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