The Department of Consumer Protection is still aiming for Connecticut to open its first recreational cannabis businesses by the end of the year or early next year and the Social Equity Council met Monday to help move the process along. On Monday the Social Equity Council reversed six earlier denials for social equity status allowing those businesses to move forward with DCP to … [Read more...] about Social Equity Council Moves Forward By Approving Cannabis Applicants
Canadians have lost more than $131 billion investing in cannabis companies: firm
CTV NEWS Canadians who invested in cannabis companies have lost more than $131 billion, according to data collected by law firm Miller Thomson, which calculated the total losses of 183 publicly traded and licenced cannabis producers. It’s a staggering number that if broken down per capita would equate to each Canadian citizen losing about $43,000. Larry Ellis, a lawyer with … [Read more...] about Canadians have lost more than $131 billion investing in cannabis companies: firm
317,793 people were arrested for marijuana possession in 2020 despite the growing legalization movement
The Conversation More than 300,000 people were arrested for cannabis possession in 2020, FBI records show. Meanwhile, the drug is being legally sold for a profit in 19 states. That arrest number may sound high, but arrests have actually been going down each year since 2010 as more states legalize medical or recreational use of the drug. In 2019, for example, more than 500,000 … [Read more...] about 317,793 people were arrested for marijuana possession in 2020 despite the growing legalization movement
Waterford bans recreational cannabis sales
THE DAY Waterford ― The Planning and Zoning Commission voted unanimously Tuesday night to ban the sale and production of recreational cannabis in town. The change in zoning regulations will be effective as of Dec. 14. If the town’s 12-month moratorium on cannabis sales expired before the commission took any action, cannabis dispensaries and retailers would have been … [Read more...] about Waterford bans recreational cannabis sales
As recreational marijuana prices plummet in Massachusetts, medical sales slump
BOSTON GLOBE Six years after Massachusetts voters legalized marijuana, the state’s cannabis industry is bigger than ever, with cumulative recreational sales soaring toward $4 billion and more than 225 retailers now open in communities from Provincetown to Pittsfield. That maturation is good news for consumers, who are finally seeing greater selection and lower prices after … [Read more...] about As recreational marijuana prices plummet in Massachusetts, medical sales slump
Opening Pandora’s box: what rescheduling cannabis would mean for the industry
REUTERS November 11, 2022 - Last month, President Joe Biden announced that he was asking the Secretary of Health and Human Services and the Attorney General to "expeditiously" review the scheduling of cannabis under federal law. This is not the first call to action to move cannabis from Schedule I of the Controlled Substances Act of 1970 (CSA), a designation that also applies … [Read more...] about Opening Pandora’s box: what rescheduling cannabis would mean for the industry
Green wave? Cannabis decriminalization passes in five Texas cities
KERANEWS San Marcos, Denton, Elgin, Killeen and Harker Heights all voted to reduce criminal penalties for low-level marijuana possession. One notable winner in Tuesday’s midterms wasn’t a Democrat or a Republican – it was a policy. Cannabis decriminalization gained ground in Texas this week when five Texas cities passed local ballot measures to reduce or eliminate penalties … [Read more...] about Green wave? Cannabis decriminalization passes in five Texas cities
‘Marijuana paradox for obesity’: How THC and CBD affect weight
HEALIO Marijuana has implications for weight and metabolism — but perhaps not in the ways one might expect, according to a speaker at the 2022 Overcoming Obesity conference. During the presentation, Jeff Sicat, MD, FACE, FOMA, a physician with the Virginia Weight and Wellness who specializes in medical weight loss, discussed how marijuana and cannabidiol (CBD) affect weight … [Read more...] about ‘Marijuana paradox for obesity’: How THC and CBD affect weight
Helios Labs, Illinois’ First Social Equity Cannabis License Owner, Awarded $1M Loan From State’s DCEO Program
CHICAGO, Nov. 15, 2022 /PRNewswire/ -- Helios Labs, a minority-owned craft cannabis grower located in Broadview, Illinois, announced it secured the first loan from the Illinois Department of Commerce and Economic Opportunity (DCEO) Cannabis Social Equity Loan Program designated for social equity license holders. Ambrose Jackson, Chief Executive Officer for Helios Labs, said the … [Read more...] about Helios Labs, Illinois’ First Social Equity Cannabis License Owner, Awarded $1M Loan From State’s DCEO Program
Cows Given Hemp Feed To Produce Milk With THC
HIGHTIMES A new study from researchers in Germany has determined that dairy cows that were fed industrial hemp produced milk with detectable levels of delta-9 THC, the cannabis compound most closely associated with the high produced by marijuana. The cows also exhibited behavioral changes, indicating that the animals might have been feeling the effects of the cannabinoids … [Read more...] about Cows Given Hemp Feed To Produce Milk With THC
