Monthly Archives: March 2022

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U.S. House Poised to Approve Federal Cannabis Legalization

The U.S. House is set to vote this week on the MORE Act, which would legalize cannabis federally, The Hill reports. The vote could come as soon as Wednesday, and the Democrat-controlled chamber has the votes to pass the broad reform package. Last week the Senate unanimously passed a bill to expand scientific and medical

2022-03-28T16:22:44+00:00March 28th, 2022|Cannabis, Feed|Comments Off on U.S. House Poised to Approve Federal Cannabis Legalization

Michigan Cannabis Sales Reach $1B During Fiscal Year 2021

Michigan cannabis sales topped $1 billion during the fiscal year 2021 which equates to $42.2 million distributed to the state’s municipalities, the Oakland Press reports. In the fiscal year, the state collected $111 million from the 10% excise tax on cannabis sales and other fees and the state had $172 million available for distribution from

2022-03-28T17:18:22+00:00March 28th, 2022|Cannabis, Feed|Comments Off on Michigan Cannabis Sales Reach $1B During Fiscal Year 2021

New York Potency Tax Could Drive Prices as High as $70 an Eighth

New York’s adult-use cannabis law includes a potency tax, which, in addition to the state’s sales and local taxes, could drive the price per eighth as high as $70, Syracuse.com reports. The law taxes distributors half a cent per milligram of the amount of total THC for flower, eight-tenths of one cent per milligram for

2022-03-25T15:21:29+00:00March 25th, 2022|Cannabis, Feed|Comments Off on New York Potency Tax Could Drive Prices as High as $70 an Eighth

Ukraine’s ‘Freedom March’ Calls on Global Cannabis Industry for Wartime Assistance

Cannabis legalization activists with the Freedom March campaign in Ukraine are calling on the global cannabis industry for donations to help the Ukrainian people in their fight to defend their lives and national sovereignty from neighboring Russia. Originally founded in 2005, Freedom March is a cannabis advocacy group that pushes for reforming Ukraine’s cannabis laws,

2022-03-25T16:17:34+00:00March 25th, 2022|Cannabis, Feed|Comments Off on Ukraine’s ‘Freedom March’ Calls on Global Cannabis Industry for Wartime Assistance

Pennsylvania Medical Cannabis Flower Prices Fall but Patients Not Seeing Relief

The average wholesale price per gram for medical cannabis flower in Pennsylvania has declined 36% since the start of 2020 but the average retail price paid by patients is down just 14% over that same period, according to a Philadelphia Inquirer report. John Collins, the outgoing executive director of the state Office of Medical Marijuana

2022-03-25T17:23:10+00:00March 25th, 2022|Cannabis, Feed|Comments Off on Pennsylvania Medical Cannabis Flower Prices Fall but Patients Not Seeing Relief

Denver’s First Social Equity Consumption Lounge Receives License

Tetra Lounge in Denver became the first social equity applicant to be licensed as a cannabis consumption lounge this week, pending inspections, according to a 9NEWS report. Such lounges used to operate in Denver but after cannabis industry reforms in 2021, private companies were required to secure a license from the city to allow on-site

2022-03-24T16:20:10+00:00March 24th, 2022|Cannabis, Feed|Comments Off on Denver’s First Social Equity Consumption Lounge Receives License

Medical Cannabis Sales in Arkansas Top $21.1M in February

Medical cannabis sales in Arkansas totaled $21.1 million in February, an increase of more than $500,000 over January’s sales, according to state Department of Finance and Administration (DFA) figures outlined by Talk Business & Politics. The state collected $2.333 million in tax revenues from February sales – up from $2.309 million collected the previous month.

2022-03-24T16:20:56+00:00March 24th, 2022|Cannabis, Feed|Comments Off on Medical Cannabis Sales in Arkansas Top $21.1M in February

Maine Legislative Committee Advances Three Medical Cannabis Bills

The Maine Legislature’s Veterans and Legal Affairs Committee has advanced bills to ensure patients have access to telehealth services, allow caregivers to sell plants to patients, and asks for a legislative review of any patient privacy changes made by the Office of Marijuana Policy (OMP), according to a WABI report. Paul McCarrier, a member of

2022-03-24T17:16:25+00:00March 24th, 2022|Cannabis, Feed|Comments Off on Maine Legislative Committee Advances Three Medical Cannabis Bills

Lolita Korneagay: Demystifying Cannabis for Medical Professionals

Despite the medical cannabis industry’s rapid development, medical professionals are still entering the workforce with minimal cannabis knowledge and most are woefully unprepared to handle cannabis-related questions from their patients. That was the starting point for Cansoom, which was founded by a medical professional, for medical professionals, to bridge the gap between the modern medical

2022-03-23T16:16:06+00:00March 23rd, 2022|Cannabis, Feed|Comments Off on Lolita Korneagay: Demystifying Cannabis for Medical Professionals

Federal Bill Would Instruct UN to Deschedule Cannabis

A bipartisan federal bill introduced last week would instruct the United Nations (U.N.) to deschedule cannabis from its Schedule 1 status in the Single Convention of Drugs of 1961 and treat it as a commodity similar to other agricultural products. Republican Rep. Nancy Mace (S.C.) said that were the U.N. to deschedule cannabis, many other

2022-03-23T16:16:53+00:00March 23rd, 2022|Cannabis, Feed|Comments Off on Federal Bill Would Instruct UN to Deschedule Cannabis
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