Local Marijuana Business Bans Are Helping Illicit Markets Thrive In Legal States, Report Finds

One of the main promises of marijuana legalization is that the reform can help curb the illicit market by providing adults with lawful access to shops where products are tested and IDs are checked. But not all states have had the same experience in fulfilling that promise—and a new report suggests that local opt-out policies […]

Student charged for selling classmates cannabis edibles at over $10 a pop

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GOP Lawmakers Blast FDA Over Lack Of CBD Regulations And Demand Status Update

A pair of Republican congressmen is demanding answers from the Food and Drug Administration (FDA) over the continued lack of regulations for CBD as food items and dietary supplements. Reps. Morgan Griffith (R-VA) and Brett Guthrie (R-KY) sent a letter to FDA Commissioner Robert Califf on Monday, expressing concerns about the protracted timeline for CBD […]

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 […]