Monthly Archives: March 2024

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MedMen Reportedly Closes All But Two California Locations

According to multiple reports late last week, MedMen has shuttered all but two of its stores in California. “Only MedMen stores in San Diego and near Los Angeles International Airport remain open,” MJBizDaily reported on Friday.  Green Market Report, citing a former staffer at the company, reported that “[although] no one connected with MedMen’s corporate

2024-03-12T11:16:08+00:00March 12th, 2024|Cannabis, Feed|Comments Off on MedMen Reportedly Closes All But Two California Locations

Humboldt County Voters Reject Weed Cultivation Regulation Initiative

Voters in Humboldt County last week soundly rejected a ballot measure that would have tightened regulations on the area’s famed cannabis industry. Known as Measure A, the initiative was defeated at the polls on March 5, with more than 73% of the voters casting their ballot against the proposal. Genine Coleman, the executive director of

2024-03-12T11:16:08+00:00March 12th, 2024|Cannabis, Feed|Comments Off on Humboldt County Voters Reject Weed Cultivation Regulation Initiative

Hemp Fiber Market to Hit Over $50B by 2028, Report Indicates

The hemp-derived fiber market is growing exponentially. The Business Research Company, a global market research and consulting firm located across the globe, updated its reports with latest data on hemp fiber for 2024 and projections up to 2033, and the projections look promising. The Business Research Company’s “Hemp Fiber Global Market Report 2024” was published

2024-03-12T11:16:07+00:00March 12th, 2024|Cannabis, Feed|Comments Off on Hemp Fiber Market to Hit Over $50B by 2028, Report Indicates

Australian Endometriosis Patients Find Relief Through MMJ Despite Cost Barriers

Using cannabis for pain relief is nothing new. Across the U.S., most states include chronic pain as a qualifying condition for medical cannabis. Looking broader, individuals around the globe are already embracing cannabis for these pain-relieving qualities alongside the additional benefits it may offer. While we’re still learning exactly how cannabis can work to treat

2024-03-11T11:15:10+00:00March 11th, 2024|Cannabis, Feed|Comments Off on Australian Endometriosis Patients Find Relief Through MMJ Despite Cost Barriers

In State of the Union Address, Biden Vows to Review Federal Reclassification of Pot

President Joe Biden issued his State of the Union address on Thursday, March 7, and among many topics, he said he’ll direct his Cabinet to consider reclassifying cannabis at the federal level. It’s the first time that a president of the United States addressed cannabis reform as part of his State of the Union address.

2024-03-11T11:15:09+00:00March 11th, 2024|Cannabis, Feed|Comments Off on In State of the Union Address, Biden Vows to Review Federal Reclassification of Pot

FDA Recognizes LSD-Equivalent Drug with ‘Breakthrough Therapy’ Label for Anxiety Relief

Encouraging outcomes from a clinical study on the LSD-analog substance MM120, or lysergide d-tartrate, have led the Food and Drug Administration (FDA) to designate it as a “breakthrough therapy” for treating generalized anxiety disorder (GAD). The designation of “breakthrough therapy” is awarded to expedite the development and review of drugs that show considerable promise in

2024-03-11T11:15:09+00:00March 11th, 2024|Cannabis, Feed|Comments Off on FDA Recognizes LSD-Equivalent Drug with ‘Breakthrough Therapy’ Label for Anxiety Relief

Virginia Department of Forensic Science Releases Report on THC Blood Detection

The Virginia Department of Forensic Science (VDFS) recently released a report regarding its federal funded study to research reliable testing methods for detecting THC in blood. DFS was originally granted $290,353 in 2020 by the Department of Justice’s National Institute of Justice. “The goal of this research project is to develop and validate an automated

2024-03-11T11:15:08+00:00March 11th, 2024|Cannabis, Feed|Comments Off on Virginia Department of Forensic Science Releases Report on THC Blood Detection

Popular U.S. Edibles Brand Announces European Launch

Wana Brands, a leading manufacturer of cannabis edibles in the United States, announced on Thursday that it is expanding to Europe through a strategic partnership with Alpen Group. With an initial launch in Switzerland, the home of cannabis pharmaceutical manufacturer Alpen Group, Wana Brands plans to bring its popular line of weed gummies to European

2024-03-08T11:16:09+00:00March 8th, 2024|Cannabis, Feed|Comments Off on Popular U.S. Edibles Brand Announces European Launch

Missouri House Committee Passes Psilocybin Legalization Bill for Military Veterans

The Missouri House Veterans Committee recently passed a medical psilocybin bill that would legalize psilocybin therapy for veterans and also grant funds for research on further therapeutic benefits. Currently the House bill is unpublished, but an identical Senate version of the bill was also passed recently as well. SB-768 was pre-filed in December 2023 by

2024-03-08T11:16:08+00:00March 8th, 2024|Cannabis, Feed|Comments Off on Missouri House Committee Passes Psilocybin Legalization Bill for Military Veterans

UAE, Home of Dubai, Exploring Psychedelic-Assisted Therapy with Pair of Conferences

Two recent conferences in the United Arab Emirates (UAE), located in Dubai and Abu Dhabi, celebrated advancing discussions about psychedelic-assisted therapy in the country, with notable speakers ranging from Rick Doblin, PhD of The Multidisciplinary Association for Psychedelic Studies (MAPS) to Jesse Gould of Heroic Hearts Project, according to a March 6 press release. Discussions

2024-03-08T11:16:09+00:00March 8th, 2024|Cannabis, Feed|Comments Off on UAE, Home of Dubai, Exploring Psychedelic-Assisted Therapy with Pair of Conferences
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