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One of the biggest arguments right now for ending marijuana prohibition in the United States is that it would generate beaucoup bucks in tax revenue and provide the nation with a trapdoor out of the economic sludge brought about by the coronavirus. After all, marijuana sales are a boon in states where it is legal. In Colorado, one of the first stat

Following the results of the 2020 presidential election, cannabis advocates across the nation breathed a sigh of relief; for the first time in our history, cannabis decriminalization was being supported by the party in office. Since 2012, 15 states and Washington, DC, have legalized cannabis for adults over the age of 21. And 36 states have legaliz

  Post-traumatic stress patients who consume state-authorized cannabis products exhibit reduced symptoms over time as compared to nonusers, according to longitudinal data published in the journal Cannabis and Cannabinoid Research. Commenting on the findings, NORML’s Deputy Director Paul Armentano said: “Veterans are far more likely to self-report u

The medical marijuana industry in Arkansas is booming, according to reports. Medical marijuana sales in Arkansas have hit a significant milestone a little more than a year after the first dispensaries in the state began serving customers. Local news outlets in the Natural State reported that medical cannabis sales in Arkansas have officially eclips

    Australia is a legal cannabis market that rarely receives the attention it deserves and is a market that we are bullish on in 2021. In 2019, we noticed a slowdown in interest in the Australian cannabis market as companies started to focus on the opportunity in Latin America. Since then, the Latin American cannabis market has not grown as much a

Tilray and Aphria, two of the biggest marijuana companies in Canada, announced plans to merge on Wednesday and create the world’s largest cannabis outfit. With existing medical and recreational cannabis businesses in Canada and Europe, the new conglomerate is positioning itself to eventually enter the biggest weed market in the world: the U.S. Orig

    As 2020 comes to a close, Prohibition Partners' international team of analysts, consultants and thought-leaders have come together to analyse the top trends set to define the cannabis industry in 2021 and beyond.  From the impact of Brexit and COVID-19 to the rapidly developing legislation in the US and Latin America, find out what is in store

The bill would raise THC limits from 0.3 per cent to one per cent. Kentucky Senator Rand Paul introduced a bill on Tuesday that could raise the THC limits on industrial hemp in the U.S. from 0.3 per cent to one per cent. In a statement, Paul said conversations with Kentucky hemp farmers and processors informed the Hemp Economic Mobilization Plan (H

Members of the New Jersey state Assembly and Senate have given final approval to legislation permitting the possession of marijuana by adults and regulating its commercial production and retail sales. Each of the measures now awaits the signature of Democratic Gov. Phil Murphy. The Assembly approved A21 by a 49 to 24 vote with six abstentions, and

The big news this week of course was the announced merger between Aphria and Tilray. Aphria will own over 60% of the combined entity and Irwin Simon, Aphria’s CEO will take on the same role at the new company. However, it will be known as Tilray and use the Tilray symbol.  Mind Medicine (MindMed) Inc. (NEO: MMED) (OTCQB: MMEDF) raised C$80 million

Public and political support for legalizing recreational marijuana use has surged. Florida lawmakers need to accept that reality and come up with effective legislation. If not, the public will legalize pot via constitutional amendment. (Photo by strelov/Getty Images) When it comes to legalizing marijuana in Florida, the question is no longer whethe

  Bees Love Cannabis Too! In the American agricultural landscape, industrial hemp, Cannabis sativa (Cannabaceae), is a newly developed and rapidly growing crop. Hemp lacks nectar but, as an exclusively wind-pollinated crop, produces an abundance of pollen in agricultural landscapes during a period of time referred to as floral dearth. Researchers h

Gov. Jared Polis signed a landmark bill affecting the cannabis industry on June 29 in front of Simply Pure in Denver. The dispensary was the first in the nation owned by a Black couple. HB20-1424 creates a new social equity license that is intended to boost minority participation in the cannabis industry. The program goes into effect Jan. 1. The bi

Passenger flying into Boston was packing cannabis not animus. The Twitterverse was left scratching its collective head after the U.S. Transportation Security Administration (TSA) tweeted a man flying into Boston’s Logan International Airport had jammed two box cutters into what would have been a very large shampoo bottle, but it was really just gar

2 Top Marijuana Stocks To Add To Next Months Watchlist Original link

Cancer is cruel. If you or someone that you know was ever diagnosed with cancer, then you are well aware of how terrible it is. Receiving a diagnosis that you or a loved one has cancer is something that is absolutely heartbreaking. It is estimated that roughly 17 million people were diagnosed with cancer in 2018 worldwide. Unfortunately, that numbe

A temporary scheme enabling patients in Ireland easier access to their prescribed medical cannabis treatments has been made permanent. In Ireland, specialist medical consultants can prescribe medical cannabis for patients with certain conditions assuming an appropriate application is submitted to the Department of Health and accepted. The country’s

The Bureau of Cannabis Control‘s Cannabis Advisory Committee approved recommendations that would relax several regulations for the California cannabis industry, aimed at helping struggling cannabis businesses. The recommendations were included in the state panel’s annual report. While arguably the largest state market for cannabis in the United Sta