Marijuana

Oklahoma Claims Special Election for Marijuana Legalization Initiative During March 2023

The governor of Oklahoma has officially called for a special election in March 2023 for voters to decide on marijuana legalization. Activists had pushed to place the cannabis reform measure on next month’s ballot, but it faced obstacles in the state Supreme Court after complaints were filed and procedural deadlines passed. Now Gov. Kevin Stitt …

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Survey Highlights Sharp Decline in Current Marijuana Consumption by Teens

Fears about youth and weed prove unfounded. Yet another study has shown that fears about teens increasing marijuana use due to legalization are unfounded. A new survey from the state of Colorado shows that teen use of cannabis dropped 35 percent from 2019 to 2021. The information came from the Healthy Kids Colorado Survey, conducted every …

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Latest Research Highlights Marijuana’s Potential in Lowering Demand for Certain Prescription Drugs

A new research project study published in the Journal of Health Economics suggests that States which have legalized recreational use of Marijuana show reduced demand for certain prescription drugs. The study reviewed trends in Medicaid prescriptions in all 50 states between 2011 and 2019, and discovered “significant reductions in the volume of prescriptions” in the drug classes …

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Predicting How Low Marijuana Stocks May Go in 2022?

Are These Cannabis Stocks At The Bottom Right Now? The best marijuana stocks to buy are currently reaching fresh 2022 lows. Cannabis stocks have recently seen a decline to new lows along with the broader market. Long-term investing becomes difficult in a market situation like this one when rallies appear to be followed by further losses. Trading …

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Hemp Farmers Willing to Form Fantastic Opportunity in New York’s Adult Use Marijuana Market Place

New York hemp growers – hit hard by a market glut and low prices – are jumping at another opportunity to grow the same species of plant, just a different variety: marijuana. In February, New York Gov. Kathy Hochul signed into law legislation allowing hemp growers in the state to get an early opportunity to supply the …

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Marijuana Franchises Distributors Observe Sluggish Revenue Trends, First Quarter Strikes Losses

Most of the largest U.S. marijuana multistate operators experienced revenue declines in the first quarter of 2022 versus the previous three months, reflecting seasonal factors, declining cannabis prices and inflationary pressures that could be curbing consumer spending. Of the 12 largest MSOs, only Illinois-based Green Thumb Industries posted a net profit for the first three …

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Marijuana Products Extant Exclusive Testing Hurdles

Marijuana testing and quality control is no simple feat. Consider the plant itself: Cannabis contains a super sticky, resin lipid that is harder to work with than coffee, tobacco and most other natural products, said David Vaillencourt, CEO of the GMP Collective consulting firm in Colorado. “Separating out the cannabinoids to just look at pesticides …

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Collage Marijuana Program Offers Companies with a Source for Experienced Employees

As more states launch medical and adult-use marijuana markets, there’s an increasing need for trained professionals with knowledge specific to cannabis businesses. Colleges and universities across the country are stepping up to meet the demand for workers skilled in the cannabis industry, and they’re connecting their graduates with potential employers. Marijuana companies, meanwhile, can turn …

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Insight in Federal Marijuana Reform & Legalization

The movement to overhaul federal marijuana policy has gotten more crowded in recent years, with new trade associations, business groups, social justice activists and lobbyists joining calls to legalize the plant. The collection of stakeholders also has become much more diverse. A decade ago, it was mostly marijuana consumers and medical cannabis patients. Today, organizations …

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