A new government estimate of the financial impacts of cannabis legalization in Australia suggests that the reform could bring the country nearly $700 million in revenue each year. The projection comes as part of a Parliamentary Budget Office (PBO) assessment—or “costing”—of a renewed legalization effort announced Thursday by the country’s Greens Party. Annual revenue from […]
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Category: News
Psychedelics Have A ‘Positive Influence’ On Meditation Practice, New Study Shows
Among adults who regularly meditate, nearly 3 in 4 felt that psychedelic use had a positive impact on the quality of their meditation, according to a new study. The research, published last month in the journal PLoS ONE, surveyed 863 adults who meditated at least three times per week over the past year. Among them, […]
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Switzerland’s Marijuana Legalization Pilot Program Is ‘Running Smoothly’ With ‘No Indication’ Of Public Disturbances, Government Report Finds
Switzerland’s adult-use marijuana legalization pilot program is “running smoothly,” with “no indication of any disturbances to public order,” a government-commissioned report finds as lawmakers are considering legislation to broadly end cannabis prohibition across the country. About two years after the pilot program launched in seven municipalities across the country, the Federal Office of Public Health […]
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5 Must-Read Books for Cannabis History Lovers
Brush up on your cannabis knowledge by taking a literary trip down memory lane.
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DOGE cancels cannabis research grant (Newsletter: March 13, 2025)
AAA marijuana & driving research; MN expungements; MO, NM & NV psychedelics; Study: Cannabis decrim reduces violent crime 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… Hold on, just one […]
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Cannabis Investors Should Consider Having a Drink
You’re reading this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. The newsletter includes unique insight to help our readers stay ahead of the curve as well as links to the week’s most important news. We no longer send these by email as we did in […]
New Mexico Senate Passes Bill To Create Psilocybin Therapy Program
The New Mexico Senate has passed a bill to establish a therapeutic psilocybin program in the state. After clearing three separate committees over the past month, the legislation from Sen. Jeff Steinborn (D) was approved by the full chamber in a 33-4 vote on Wednesday, sending it to the House of Representatives. If enacted, the […]
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Ascend Beats Expectations in Q4
AWH ANNOUNCES FOURTH QUARTER AND FULL YEAR 2024 FINANCIAL RESULTS Full Year 2024 Net Revenue Increased 8% Year-over-Year to $562 million Full Year 2024 Adjusted EBITDA¹ Increased 9% Year-over-Year to $116 million Second Full Year of Positive Cash from Operations and Positive Free Cash Flow² Company Ended Q4 2024 with $88 Million of Cash and […]
Missouri Senators Approve Bill To Legalize Psilocybin Therapy For Veterans And Sex Trafficking Survivors
Missouri senators have advanced a bill to allow military veterans and survivors of sex trafficking who have certain mental health conditions to legally access psilocybin therapy. The Senate Families, Seniors and Health Committee approved the legislation from Sen. Stephen Webber (D) on Wednesday. A similar House bill focused on the psychedelic moved through a separate […]
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Minnesota Senators Approve Bill To Expand Marijuana-Related Expungement And Resentencing
A legislative committee in Minnesota has given approval to a plan that would expand eligibility for expungement of marijuana-related criminal records and resentencing. Lawmakers on the Senate Judiciary and Public Safety Committee voted at a hearing on Wednesday to advance the proposal, which would allow anyone with a first-degree through fifth-degree controlled substance crime related […]
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