Congressman Says Psychedelics Show ‘Real Promise’ As Alternative Therapies At Committee Hearing

As a House committee takes steps to broadly improve patient access to healthcare, one congressman is taking the opportunity to call for a conversation about the therapeutic role of psychedelics like psilocybin, which he says have “real potential” as alternative mental health therapies with “less impact” than traditional pharmaceuticals. Rep. Earl Blumenauer (D-OR) spoke about […]

Aurora Cannabis increasingly looks to Europe, eyes first profit in early 2023 

Aurora Cannabis reported another significant quarterly and annual loss, but the Alberta-based marijuana producer said it’s on track to report a profit next year on the back of strong growth in the European medical market. Aurora lost 618.7 million Canadian dollars ($461 million) in the fourth quarter ended June 30, 2022, bringing its loss for […]

Schumer talks cannabis banking at White House (Newsletter: September 22, 2022)

OK court: Legalization not on Nov. ballot; Marijuana record sealing vote in Congress; MN polls show legal cannabis support; IN hearing; Vet op-ed Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know which cannabis stories are shaping the day. Your support makes Marijuana Moment […]

A look at Trulieve’s dominant presence in Florida’s medical marijuana market

If the Florida medical marijuana market were a race, all bets would be on Trulieve Cannabis. The Tallahassee-based multistate operator accounts for a quarter of the 475 medical marijuana dispensaries in the state. ADVERTISEMENT And while Florida’s MMJ program has been steadily growing since it opened in 2016 – it now stands at nearly 800,000 […]

Feds to look at public-health impact of cannabis legalization in mandated review

OTTAWA — Federal ministers are expected to launch a long-awaited review of the government’s cannabis legislation today. The Liberals lifted a century-long prohibition on the recreational use and sale of cannabis in October 2018, with the provision that they review the law three years after to comes into force. That review is nearly one year […]

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