USDA: Value of U.S.-Grown Hemp Up 18% in 2023
Mon / May 6th
Recent USDA data shows that the value of hemp produced in the U.S. in 2023 reached $291 million, up 18% from the year prior.
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Mon / May 6th
Recent USDA data shows that the value of hemp produced in the U.S. in 2023 reached $291 million, up 18% from the year prior.
Mon / May 6th
A St. Louis, Missouri County Circuit judge has ruled that city and county governments can each stack an additional 3% sales tax on adult-use cannabis sales.
Mon / May 6th
Per a recent Connecticut Appellate Court ruling, employers in the state have the right to fire employees who come to work while impaired by medical cannabis.
Mon / May 6th
According to a new study compiled by UK researchers, psilocybin — the naturally occurring psychedelic in so-called “magic mushrooms” — shows promise as an effective treatment for depression.
Mon / May 6th
Voters in Lubbock, Texas rejected a local cannabis decriminalization ballot measure over the weekend with nearly 65% of voters opposing the reforms.
Fri / May 3rd
Senate Democrats have again filed the Cannabis Administration and Opportunity Act, which seeks to legalize cannabis at the federal level and automatically expunge federal non-violent cannabis offenses.
Fri / May 3rd
Recent polling from the Independent Community Bankers of America found that 64% of Americans believe giving state-legal cannabis companies access to traditional banking services would benefit public safety.
Wed / May 1st
The American Bankers Association said that even once cannabis is rescheduled to Schedule III under federal law, Congress will still need to pass the SAFER Banking Act to let state-legal cannabis companies access traditional financial services.
Wed / May 1st
Georgia Gov. Brian Kemp (R) signed into law the state’s hemp regulation proposal — the new law creates a licensing program for the cultivation, manufacturing, and retail of industrial hemp products, and sets the age requirement to purchase or possess such products at 21.
Wed / May 1st
As Minnesota’s adult-use cannabis regulations come together, lawmakers are considering giving some cannabis cultivators an early start to avoid potential delays to the state’s cannabis program.
Wed / May 1st
Cannabis company stocks soared on Tuesday following reports that the DEA would move to reschedule cannabis from Schedule I to Schedule III under federal law.
Wed / May 1st
To protect youth from exposure to cannabinoid products, California Gov. Gavin Newsom has directed state officials to warn industrial hemp product retailers that selling improperly labeled products is a crime that could lead to a revoked license.
Tue / Apr 30th
The DEA has reportedly agreed to reschedule cannabis under Schedule III of the Controlled Substances Act, in accordance with the FDA’s recent recommendation. While this development could loosen financial restrictions for brands operating in state markets, advocates have pointed out that it does not resolve the ongoing social injustices surrounding cannabis criminalization, and that it could benefit larger corporate entities that are angling to dominate the market.
Tue / Apr 30th
The cannabis multistate operator MedMen filed for bankruptcy last week with the company’s Los Angeles-based subsidiary entering receivership with more than $410 million in liabilities owed.
Tue / Apr 30th
Recent research suggests that despite the popular stereotype, people who regularly consume cannabis are not more lazy or unmotivated than non-consumers.
Sun / Apr 28th
Cannabis advocates in North Dakota have been cleared by the secretary of state’s office to start collecting voter signatures to put a legalization question on November ballots.
Sun / Apr 28th
Medical cannabis patients in Pennsylvania could soon enjoy the state-sanctioned right to own and possess firearms, per a proposal by Republican state Sen. Dan Laughlin. Federal law, however, still prohibits people who consume cannabis from possessing firearms.
Sun / Apr 28th
A 55% majority of Massachusetts residents believe that intoxicating hemp products should only be sold in state-licensed cannabis dispensaries, according to a recent poll.
Thu / Apr 25th
Eight months after the federal Department of Health and Human Services recommended moving cannabis from Schedule I to Schedule III, a coalition of Congressional lawmakers this week urged the DEA to make its decision as quickly as possible.
Thu / Apr 25th
Missouri AG Andrew Bailey has launched an investigation into illicit vape and cannabis product distributors in the state, sending civil investigative demands to 22 companies selling delta-8 and delta-9 THC products.
Wed / Apr 24th
The Hawaii Senate has rejected a cannabis decriminalization proposal over concerns that the reforms would lead to a stronger illicit market in the state.
Wed / Apr 24th
Maine lawmakers have passed two bills expanding criminal record sealing opportunities in the state, including one that allows for the sealing of cannabis crimes now legal under the state’s adult-use cannabis reforms.
Wed / Apr 24th
The Louisiana House and Senate have passed competing bills to either regulate or ban, respectively, hemp-derived THC consumables in the state.
Wed / Apr 24th
California lawmakers in the Senate Public Safety Committee voted to advance a proposal that would establish treatment centers where adults aged 21+ could access psilocybin, MDMA, DMT, and other psychedelics.
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