U.S. senators on both sides of the aisle addressed the lack of banking access for the marijuana industry at a committee hearing on Wednesday, with one GOP member suggesting that the issue warrants a broader examination of federal cannabis policies. Meanwhile, a separate House committee also met to discuss banking issues, where the marijuana industry’s […]
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Category: News
Illinois Cannabis Sales Exceeded $2 billion in 2024
Illinois released sales figures for adult-use cannabis in December today, a bit later than normal. They were up 2.7% sequentially to $153.2 million. On a per-day basis, sales fell slightly. The year-over-year growth was -0.4%, worse than the last two months: Units sold increased by 7.2% from a year ago, suggesting lower prices or substitution of lower-priced products […]
The Most Influential European Cannabis Executives in 2025
The European continent is the most exciting place on the planet right now for cannabis policy and industry, especially after Germany implemented the first provisions of its new adult-use legalization law. In addition to Germany, cannabis is legal for adult use in Malta and Luxembourg, and most countries on the continent now have operating legal […]
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Virginia: Lawmakers Approve Bills Regulating Adult-Use Cannabis Sales, But Governor’s Veto Looms
“Every year that we do not enact retail sales in Virginia for adult use marijuana is another year that the… Read more
Only Two Virginia Republican Lawmakers Voted To Legalize Marijuana Sales As GOP Governor Threatens Veto
“It’s great that this bill is getting Republican votes, but the one that matters is the governor, and yet he is unwilling to recognize that it is 2025 and not 1975.” By Markus Schmidt, Virginia Mercury Virginia’s legislature has once again approved legislation to create a regulated and taxed cannabis marketplace, and with both chambers […]
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Opioid Prescriptions Drop In States That Legalize Marijuana, Federally Funded Study Shows, Suggesting Some Pain Patients Prefer Cannabis
A new federally funded study shows that legalization of marijuana in U.S. states is associated with reduced prescriptions for opioid pain medications among commercially insured adults—indicating a possible substitution effect where patients are choosing to use cannabis instead of prescription drugs to treat pain. “These results suggest that substitution of cannabis for traditional pain medications […]
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GOP Lawmaker Files First Marijuana Bill Of New Congress, Aiming To Protect Veterans’ Medical Cannabis Access
A GOP congressman has filed the first marijuana bill of the 119th Congress, seeking to protect military veterans from losing government benefits for using medical cannabis in compliance with state law. The measure from Rep. Greg Steube (R-FL) would also codify that U.S. Department of Veterans Affairs (VA) doctors are allowed to discuss the potential […]
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Hawaii Marijuana Legalization Bill Gets Approval From House Committees At Joint Hearing
A sweeping bill to legalize adult-use marijuana in Hawaii and bring together hemp and cannabis regulation under a single agency advanced on Tuesday, winning approval from a pair of House committees at a joint hearing. The measure—HB 1246, from Rep. David Tarnas (D)—was heard at a meeting of the Committee on Judiciary and Hawaiian Affairs […]
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Top Marijuana Advocacy Organization Welcomes New Leader Who Sees ‘Opportunities To Make Progress’ In 2025
It’s the beginning of a new chapter in the cannabis policy reform movement, and as 2025 legislative sessions get underway, the Marijuana Policy Project (MPP) has a new leader at the helm. Lauren Daly has been named as the leading cannabis organization’s executive director. With a background in drug policy and civil rights advocacy—and years […]
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Elon Musk Says Mandatory Drug Testing For Federal Workers Is A ‘Great Idea’ As His DOGE Agency Seeks Spending Cuts Under Trump
Elon Musk, chair of the Trump administration’s newly formed Department of Government Efficiency (DOGE), says it’s a “great idea” to mandate drug testing of federal employees as he pushes to make massive cuts to government agencies and spending. In an X post on Saturday, Joshua Steinman—a former National Security Council (NSC) official who served during […]
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