Ohio is finally moving forward with a plan to implement adult-use cannabis sales in the state. Ohio voters approved Issue 2 in November 2023, making it the 24th state to legalize adult-use cannabis. According to the new state law, adults can possess up to 2.5 ounces of cannabis and grow up to six plants at
The ports in Antwerp, Belgium and several cities in The Netherlands are fighting to curb the illicit trade of cocaine, which is seeing somewhat of a heyday in recent years. Criminals are allegedly smuggling cocaine on shipping containers, often disguised as fruit or other goods. To keep up with the extremely high demand for cocaine
After a series of controversial remarks about alleged drug trade on reservations, three more Native American tribes in South Dakota banned Gov. Kristi Noem from setting foot on their reservations, bringing the total number of tribal reservations to ban her to seven. The Associated Press reports that tribes are reacting to remarks from the governor,
Kaya Holdings Inc., which became one of the first publicly traded companies to hold a cannabis license when it began operation in Portland, Oregon in 2014, recently announced that it has been approved to hold a license for therapeutic psilocybin. The announcement came on May 7, stating that Kaya Holdings officially owns a Psilocybin Service
The Alaskan House of Representatives recently voted on May 10 in a 36-3 vote to approve a bill that implements much needed tax reform. House Bill 119 would change its $50 per ounce tax on cannabis to just a 7% tax, which was a recommendation from an Advisory Task Force on Recreational Marijuana. If HB-119
A life-size statue of Optimus Prime and other Transformers characters were packed with massive amounts of ketamine, Thai police say. Police in Bangkok, Thailand intercepted about 705 pounds of ketamine hidden inside Transformers statues, marking one of the country’s biggest busts in recent years. The estimated market value is as high as NT$600 million (about
The active ingredient in psilocybin mushrooms is being explored for its power to break out of the grip of rigid mental patterns—patterns which often lead to treatment-resistant disorders. Researchers believe it could help to transform therapy by providing an alternative way to tackle mental disorders. A recent pilot study published in the Journal of Psychedelic
New York Gov. Kathy Hochul last week announced a significant overhaul of the state’s Office of Cannabis Management, including a leadership change at the top of the agency. The governor’s office said in a press release on Friday that she had “directed an operational overhaul” of the agency, which “follows the release of a 30-day
Managing finances in the cannabis industry poses unique challenges. From strict regulatory requirements to volatile market conditions, cannabis businesses must navigate a complex landscape to thrive. Monarch offers a lifeline, providing cannabis businesses with the tools and insights they need to streamline financial operations and drive growth. Whether you're a startup in the seed stage
As cannabis and psychedelics continue to experience a modern-day renaissance, with increased education and access to information surrounding their use and benefits, we’re collectively crafting new narratives after decades of inflammatory propaganda surrounding these substances. Tired messaging of the past has suggested that cannabis and psychedelic use were one-way tickets to unpleasant and traumatic experiences,
