Legal cannabis leads to more jobs and economic improvements — here’s how

New research has found a connection between legal cannabis and more job opportunities. Conducted by researchers from San Diego State and Bentley universities, the study examined survey results from 2002-2020 in an attempt to explore the impact of legal marijuana on the economy. Other demographics that appeared to be positively impacted included young racial minorities […]

First U.S. Surgery, Cannabis Guidance Released

Finally detailed and informed advice on the potential interactions between cannabis and anesthetic medications before, during, and after surgery is taking shape.  The first guidelines on cannabis use and the surgery timeline were published on Jan. 3 by the American Society of Regional Anesthesia and Pain Medicine (ASRA Pain Medicine), who acknowledged that up until […]

Utah Group Aims To Legalize Shrooms in the State

A group in Utah is out to legalize psilocybin in the state.  The aptly named non-profit Utah Mushroom Therapy has launched a petition to “strongly encourage Utah legislators to pass a bipartisan bill that allows the legal use of psilocybin for clinical and academic purposes, and includes protection for individuals practicing under the Religious Freedom […]

Wisconsin Republicans Express Support for Legalizing Weed

Republican lawmakers in Wisconsin are now “close” to supporting legislation to legalize medical marijuana, Senate Majority Leader Devin LeMahieu said last week. Support for legalizing medical cannabis signals a change in stance for Republican legislators in Wisconsin, who last year opposed a medical marijuana bill that was supported by Democrats including Governor Tony Evers. LeMahieu, […]

Recreational Pot Sales Double in Maine

Adult-use cannabis sales soared last year in Maine, nearly doubling the total for 2021. The local news outlet Masthead Maine, citing data that was released by the Maine Office of Cannabis Policy, reports that the “state’s licensed adult-use retailers reported nearly 2.5 million sale transactions, totaling $158.9 million [in 2022],” which was up from the […]

California cannabis firm The Parent Co. is restructuring

TPCO Holding Corp., doing business as The Parent Co.. announced a restructuring in an effort to save millions of dollars in the coming years. Under the arrangement, Shawn “Jay-Z” Carter affiliates and Roc Nation will return 7.1 million common shares of the company – a move that’s projected to save roughly $33.5 million in top-line […]

Psychedelics bills in nearly a dozen states already (Newsletter: January 10, 2023)

MN gov’s legalization petition; WI gov eyes medical marijuana deal with GOP; MO cannabis homegrow apps; CT record sealing; Congressional analysis oped 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 possible… […]

Connecticut adult-use marijuana sales set to start with big opportunities, few operators

A handful of medical marijuana dispensaries in Connecticut on Tuesday will expand into adult-use retail, establishing another new market on the Eastern Seaboard with sales expected to hit at least $300 million this year. The state’s adult-use market, dominated by multistate operators, will open with only 13 cannabis companies of any kind licensed to take […]

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