A Connecticut state agency is withdrawing from the Drug Enforcement Administration’s (DEA) marijuana rescheduling hearings, owing to a lack of faith in the process amid administrative “shenanigans.” The Connecticut Office of the Cannabis Ombudsman (OCO), along with My Doc App, which is a medical cannabis company that facilitates patient recommendations, submitted a notice of withdrawal […]
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Category: News
Florida Republican Senator Refiles Medical Marijuana Homegrow Bill, This Time Without Unrelated Hemp Product Restrictions
A Republican lawmaker in Florida has reintroduced a proposal that would allow medical marijuana patients in the state to grow up to two cannabis plants at home—this time without separate provisions he had included in prior legislation that would have also cracked down on hemp-derived cannabinoids in the state. Rep. Joe Gruters (R) last month […]
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Illinois Governor Touts Record $2 Billion In Marijuana Sales In 2024, Celebrating ‘Thriving’ Industry Despite Intoxicating Hemp Market Concerns
The governor of Illinois is touting the state’s record-setting $2 billion in marijuana sales in 2024, applauding the “thriving” industry while criticizing the “proliferation of the unregulated intoxicating hemp market.” Of the $2 billion, a record $1.722 billion came from adult-use cannabis sales. That’s more than double the first year of sales following the market […]
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New GOP Bill Would Block Marijuana Industry Tax Deductions, Even After Federal Rescheduling
Two GOP senators have introduced a bill that would continue to block marijuana businesses from taking federal tax deductions under Internal Revenue Service (IRS) code 280E—even if it’s ultimately rescheduled. Sens. James Lankford (R-OK) and Pete Ricketts (R-NE) filed the “No Deductions for Marijuana Businesses Act” on Thursday to maintain the tax barrier for the […]
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Arkansas Senate Passes Bill To Use Medical Marijuana Revenue To Fund Free Breakfasts For Students
The Arkansas Senate has approved a bill to set aside revenue from medical marijuana taxes to pay for free breakfast for students. The legislation, SB 59, would supplement federal free and reduced-price meal funds with money from a state Food Insecurity Fund, paid for by cannabis taxes as well as private grants and money from […]
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iAnthus Arizona Asset Sale Yields $36.5 Million
iAnthus Strengthens Portfolio with $36.5M Sale of Select Arizona Assets to Sonoran Roots Transaction Supports iAnthus’ Focus on Key Growth Markets While Maintaining Presence in Arizona NEW YORK and TORONTO, Feb. 07, 2025 (GLOBE NEWSWIRE) — iAnthus Capital Holdings, Inc. (“iAnthus” or the “Company”) (CSE: IAN, OTCQB: ITHUF), which owns, operates and partners with regulated […]
Medical Marijuana Is ‘More Effective Than Prescription Medications’ For Treating Chronic Pain, Study Finds
New research on the use of medical marijuana for pain finds that it was “comparatively more effective than prescription medications” for treating chronic pain after a three-month period, and that many patients reduced their use of opioid painkillers while using cannabis. The study, conducted in part by a federal researcher at the National Cancer Institute […]
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Trump’s White House Budget Director Says Marijuana Is A ‘Gateway Drug’ And Pushed To Roll Back State Legalization
Another anti-marijuana official is assuming a critical role in the Trump White House, with the Senate confirming a director of the Office of Management and Budget (OMB) who has called marijuana a “gateway drug” and pushed for the rollback of state-level cannabis reform. The Senate on Thursday confirmed Russell Vought to lead OMB on a […]
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Pennsylvania GOP calls on governor to lead cannabis conversation (Newsletter: February 7, 2025)
NY marijuana banking directory; MD gov touts cannabis pardons; GOP congressman presses RFK on marijuana; Colombian president: legalize cocaine Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know which cannabis stories are shaping the day. Your support makes Marijuana Moment possible… Your good deed […]
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Hawaii Lawmakers Vote To Delay Consideration Of Marijuana Legalization Bill Until Next Year
Hawaii’s House of Representatives has voted to delay a sweeping proposal that would have legalized marijuana, effectively halting the bill’s progress until next legislative session. Though companion legislation is still alive on the Senate side, it’s expected that the measure will also fail to advance through the House this year. On a voice vote on […]
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