The cannabis industry has experienced remarkable growth in recent years, evolving from a taboo subject to a booming market. However, despite this progress, cannabis businesses still face significant challenges, particularly in accessing traditional financial services. This article will focus on these challenges and explore how Monarch is pioneering solutions to bridge the gap between cannabis
On May 17, Iowa Gov. Kim Reynolds signed 20 bills prior to the end of the legislative session. One of which was House File 2605, which establishes regulations regarding hemp-derived consumable products that contain THC. The passage of HF-2605 includes new restrictions and penalties applied for hemp-derived consumable sales, manufacturing, and possession. Now, such products
In Delaware, a new bill is being proposed to allow medical cannabis businesses to also sell adult-use cannabis once the state’s adult-use sales begin. House Bill 408 was recently introduced on May 16 by sponsors Rep. Ed Osienski and Sen. Trey Paradee. Delaware’s Marijuana Control Act was enacted on April 27, 2023 without the signature
An Australian trial that will investigate the impact of medical cannabis on driving ability won’t be finished until late 2025. The Guardian reports that Australian cannabis advocates are disappointed that the Victorian government appears to be delaying the study despite the issue being called a priority. In February 2023, then-state premier Daniel Andrews pushed to
A new California program incentivizes people using meth or cocaine with money if they can prove they are clean in an evidence-based system in which participants can earn incrementally more the longer they stay clean. Why? Because California is grappling with substance use disorder “crisis” with deaths from cocaine, meth, and other stimulants soaring in
When you hear the phrase “cannabis tourism,” what comes to mind? A party bus with smoke billowing out of open windows? Scaling the side of a grassy hill to get a glimpse of the cannabis promised land? Perhaps hitting a joint and then gently descending into a child’s pose? All of these are correct. Cannabis-related
As it turns out, your marital status could affect the extent to which psychedelics can lower your stress levels. And it appears that single folk may experience the greatest benefit of psychedelics. An analysis of data from the National Survey of Drug Use and Health revealed that individuals who had used psychedelics at least once
As modern-day cannabis research persists, studies have increasingly shed light on prevailing stereotypes of cannabis users, those persistent attitudes that cannabis makes people lazy and unmotivated. Given the increased accessibility of cannabis in the United States and beyond, it’s now clear that there is no fixed demographic when it comes to cannabis use. The research
A man who used Snapchat to sell fake oxycodone pills that actually contained fentanyl—leading to the death of a teenage girl as well as several other overdoses—faces 20 years in prison. Jeremial Lee Leach, 20, of Evansville, Indiana, has been sentenced to 20 years in federal prison, followed by five years of supervised release, after
In a study that was originally published late last year, researchers unveiled the risks for former cocaine users who may relapse by taking methylphenidate. Methylphenidate is used as a treatment for attention-deficit hyperactivity disorder (ADHD), and is often recognized through brands such as Aptensio XR, Concerta/Concerta XR-ODT, Jornay PM, and most commonly, Ritalin. As a
