Marijuana U.S.A.

"Marijuana retailers in Rhode Island generated $8.7 million in total sales, from Feb. 23 to March 23.

The sales total for adult-use and medical cannabis products in the nation’s tiniest state represented a 17.4% increase month-over-month, according to the latest data from the Rhode Island Department of Business Regulation.

Adult-use sales, which launched Dec. 1 with five retailers, accounted for nearly 62% of sales, or $5.4 Million, during that time period."
“State-legal cannabis businesses are denied equal treatment under 280E. They cannot fully deduct the cost of doing business which means they pay two or three times as much as a similar non-cannabis business,” said Congressman Blumenauer. “This grotesquely unfair treatment incentivizes people to cut corners. If Congress wants to get serious about supporting small businesses and ending the illicit cannabis market, it is common sense that we allow legal cannabis operations to deduct business expenses, just like any other industry.”
"The Veterans Medical Marijuana Safe Harbor Act has been reintroduced in both chambers of Congress. The legislation, introduced in the Senate by Sen. Brian Schatz (D-HI) and in the House of Representatives by Congressional Cannabis Caucus co-chairs Reps. Barbara Lee (D-CA) and David Joyce (R-OH), provides a temporary five-year “safe harbor during which veterans will not be punished for state-legal cannabis use and VA doctors will be able to officially recommend medical cannabis in accordance with state laws. The VA would also be mandated to study the potential benefits of cannabis for veterans to treat pain, PTSD, and other conditions."
"The Governor indicated that he will allow both bills to become law absent his signature. The Governor last year vetoed a bill similar to HB 1.

“I came to this decision because I believe we’ve spent far too much time focused on this issue, when Delawareans face more serious and pressing concerns every day,” he said. “It’s time to
move on.”
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Poised To Become #23!!!!
April 28, 2023
"Members of the state Senate today passed legislation, legalizing the possession, home-cultivation, retail production, and sale of cannabis to those age 21 or older. Provisions in the measure also provide for the automatic review and expungement of criminal convictions specific to misdemeanor marijuana violations."
"A team of British investigators assessed the association between cannabis potency and mental health outcomes in a cohort of 410 cannabis consumers. Participants in the study were either in their late teens or early 20s. About one-half of the cohort were daily consumers. Study subjects provided responses to questionnaires regarding their preferences toward higher strength, standard strength, or lower strength herbal cannabis. Participants also provided researchers with samples of their own cannabis products for potency analysis."
"Cannabidiol demonstrates bone-protecting activity in both cellular and animal models of osteoporosis, according to preclinical data published in the journal Calcified Tissue International.

Researchers affiliated with New York University’s Grossman School of Medicine investigated the effects of CBD in vitro using human osteoprogenitor cells and in vivo via a murine femur fracture model.

They reported that human cells pre-treated with CBD showed significantly higher levels of
osteocalcin – a bone-producing hormone. They also reported that CBD-pretreated mice exhibited more rapid bone healing than controls."
"It’s been a little more than a year since New Mexico launched adult-use marijuana, with sales topping $300 Million during the initial 12 months.

The state brought in a record $
32 Million in recreational sales during March alone and is well on its way to reaching $400 Million for 2023, as projected by the 2023 MJBiz Factbook."
"Democrat Gov. Wes Moore signed legislation today implementing a voter-approved referendum legalizing the production, sale, and use of cannabis.

The measure (Senate Bill 516) permits existing
medical cannabis dispensaries to apply (for a fee) for dual licensure to sell to the adult-use market beginning this July. (Regulators would need to start approving additional marijuana business licenses by July 1, 2024.)

The new law also increases the amount of
cannabis that qualified patients may possess (up to 120 grams of cannabis flower and/or up to 36 grams of THC in infused products) and it also permits them to grow up to four plants at home. (Patients previously had not been permitted to engage in home cultivation.)"
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"The Marijuana Policy Project (MPP) released a report on May 1 with data regarding cannabis tax revenue generated by states with legalization. Between 2014 and the end of 2022, the report shows that states had collected over $15.1 Billion in tax revenue."