Cannabis Legalization News

A new report found cannabis legalization does not lead to an increase in substance use disorders or the increased use of illicit drugs.

A recent Emergen Research report suggests the global cannabis market could reach $48.29 billion by 2027 with a CAGR of 24.6%.

Maryland Gov. Wes Moore (D) released $46.5 million in funding to support the state’s Cannabis Reform Act — the funds had been withheld by the previous administration.

A recent poll found that 65% of Americans support the legalization of adult-use cannabis — including majorities of Democrat, Republican, and independent or third-party voters — and 57% support the enactment of cannabis social equity measures.

The local demand for codeine drops when a state opts to legalize adult-use cannabis, according to a recent study.

A Tennessee proposal seeks to ask voters on their 2024 ballots whether they support each of the following cannabis policy moves: medical cannabis legalization, cannabis decriminalization, and the legalization and regulation of adult-use cannabis.

The Minnesota House Commerce Finance and Policy Committee advanced a proposal to legalize adult-use cannabis last week.

If Hawaii were to legalize adult-use cannabis, the state’s annual cannabis tax revenue could reach between $34 million and $53 million. Lawmakers are likely to consider a legalization proposal later this year.

Connecticut dispensaries sold $359,130 worth of cannabis products on the opening day of the state’s regulated adult-use market.

Minnesota lawmakers’ proposal to legalize adult-use cannabis includes social equity considerations, home grow provisions, and an additional 8% tax on cannabis products.

Connecticut has launched its regulated adult-use cannabis market with nine retail dispensaries opening across the state on Tuesday.

During the first week of the 2023 legislative session, Minnesota Democrats — who recently gained majority control over both the House and Senate — introduced a plan to legalize adult-use cannabis.

Florida activists have collected just under 150,000 valid signatures so far in their bid to put an adult-use cannabis legalization question before voters next year.

Kentucky Democrats filed cannabis reform bills on the first day of the state’s legislative session as part of a three-tiered approach to cannabis legalization set to include legislation, executive action, and a proposed constitutional amendment.

With cannabis reforms gaining traction around the world, most predict Germany to be the next major legalization victory — the question is will that happen in 2023, or beyond?

Maryland’s voter-approved cannabis legalization law has taken partial effect and adults aged 21+ will no longer face charges for possessing up to an ounce of cannabis.

South Carolina state lawmakers pre-filed two separate medical cannabis legalization proposals. Both of the measures would give patients access to full-plant medicine.

Lawmakers in the U.S. Virgin Islands have approved an adult-use cannabis legalization measure; the governor is expected to sign the bill into law.

Psychedelics including psilocybin, DMT, ibogaine, and mescaline are now legal at the state level for Colorado adults aged 21 or older.

The fourth and final installment of our 2023 Cannabis Industry Predictions series covers international cannabis policy, legalization, finance, fintech, and cannabis industry real estate.

According to statistics from car insurance companies, cannabis law reforms have made no statistically significant impact on the rate of vehicular accidents in Canada and the U.S.

Cannabis multistate operator Trulieve has contributed $15 million towards the Smart & Safe Florida campaign, which is seeking to put a cannabis legalization constitutional amendment before voters in 2024.

California state Sen. Scott Wiener is set to propose a bill that would decriminalize the possession of psilocybin mushrooms and DMT statewide.

Coming off the heels of a very big year for cannabis, what does 2023 have in store for the emerging international industry?