New York’s legal cannabis market is gaining serious momentum. According to a new state report, marijuana sales in New York are closing in on a staggering $1.5 billion total, fueled in part by a major jump in the number of licensed stores across the state. The report, released by New York’s Office of Cannabis Management, …
New York Cannabis Sales Approach $1.5 Billion as Dispensary Numbers Nearly Triple Read More »
A new study is shedding light on how racial identity labels impact consumer behavior in the cannabis industry. Researchers found that labeling marijuana products as “Black-owned” significantly increased interest among white consumers—but had little or no effect on interest among Black consumers. The study, conducted by researchers from Yale University and published in the journal Social …
Montana lawmakers have passed a landmark bill that would allow Indian tribes to enter into cannabis compacts directly with the governor. This move is seen as a major step toward expanding tribal sovereignty and promoting economic opportunities for Native communities within the state’s growing cannabis industry. Under current law, Native American tribes in Montana face …
Montana Passes Bill to Allow Cannabis Agreements Between Tribes and the Governor Read More »
In a powerful show of bipartisan support, the Florida House of Representatives has unanimously passed a bill that would make medical marijuana cards free for military veterans. The move is a major step toward expanding affordable healthcare options for those who have served the country, especially veterans struggling with chronic pain, PTSD, and other service-related …
Florida Moves to Waive Medical Marijuana Card Fees for Military Veterans Read More »
Rhode Island lawmakers are moving forward with a new bill that would require healthcare facilities to allow terminally ill patients to use medical marijuana. The proposed legislation represents a growing recognition that patients facing end-of-life conditions deserve full access to all available treatments—including cannabis. Under current law, hospitals, nursing homes, and other healthcare facilities in …
Rhode Island Lawmakers Push for Medical Marijuana Access for Terminally Ill Patients Read More »
The U.S. Solicitor General, originally appointed under the Trump administration, has requested more time from the Supreme Court to consider a high-stakes case challenging the federal law that bans cannabis users from owning firearms. The case is drawing national attention as it sits at the intersection of gun rights, drug policy, and constitutional law. At …
As the cannabis industry waits for a final decision on federal rescheduling, a growing number of business owners and tax experts are asking a critical question: do cannabis companies really have to wait for reclassification to escape the crushing weight of IRS Section 280E? According to a new legal analysis, the answer might be more …
Can Cannabis Companies Avoid the 280E Tax Penalty Without Rescheduling? Read More »
In a direct challenge to local democracy, the Texas Senate has passed a bill that would block cities and towns from placing marijuana decriminalization measures on local ballots. The legislation passed in a 23-8 vote and now heads to the House of Representatives, where it’s expected to face strong support from conservative lawmakers and opposition …
Texas Senate Votes to Ban Local Cannabis Decriminalization Initiatives Read More »
Florida lawmakers are advancing legislation aimed at tightening regulations on hemp-derived THC products, including popular items like Delta-8 THC and THC-infused beverages. The proposed bills seek to impose new restrictions and taxes on these products, sparking debate among industry stakeholders, public health officials, and consumers. Key Provisions of the Proposed Legislation: Industry and Public Response: …
Florida Moves to Regulate and Tax Hemp-Derived THC Products Read More »
A new study from the American Medical Association (AMA) is challenging some long-standing fears around cannabis legalization. The research shows that while marijuana use has gone up in states that legalized it, problematic or harmful misuse has actually declined. This unexpected result offers powerful new evidence in favor of thoughtful, regulated legalization. The study tracked data over …
Study Finds Legalizing Marijuana Increases Use—but Decreases Problematic Misuse Read More »