Advocates from drug reform and civil liberties groups held an event Thursday to draw attention to bills that would significantly amend Ohio’s marijuana legalization law, passed by voters in 2023. Among other changes, the measures would restrict legal products, create a host of new criminal penalties and adjust how cannabis tax revenue is spent. The […]
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Category: News
PharmaCann Fails to Pay Rent Again
Large cannabis REIT Innovative Industrial Properties (NYSE: IIPR) reported this morning that its largest tenant, PharmaCann, failed to pay rent again. Recall that it had issued a press release on 12/20 that detailed the initial default. Near the end of January, it reported a default resolution, though it warned that the company needed to refinance […]
FDA warning about injectable cannabis products (Newsletter: March 17, 2025)
GOP congressman: Trump could boost psychedelics reform; PA medical marijuana patient DUI bill; Study: Cannabis effective for PTSD 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 for […]
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Another Rough Month in Michigan
Michigan cannabis sales for February fell from a year ago and fell sequentially by 2.4%, which was up on a per-day basis. At $241.3 million, sales were down 7.6% from a year earlier: The Michigan Cannabis Regulatory Agency breaks out sales by medical and adult-use, with medical sales falling 71.1% from a year ago to $0.6 million, […]
Congressional Cannabis Caucus has yet to meet this year (Newsletter: March 14, 2025)
UN bans marijuana compound; SAFE Banking amendment; Swiss legalization experiment runs “smoothly”; Australia legalization; Psychedelics & meditation 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… By starting a $10 per […]
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Maryland Senators Approve Bill To Protect Firefighters And Rescue Workers From Being Punished For Medical Marijuana
A Maryland Senate committee has approved a bill to protect for fire and rescue workers from being penalized for off-duty use of medical marijuana. The legislation from Sen. Carl Jackson (D) advanced through the Senate Finance Committee in a 8-2 vote on Thursday. Under the proposal, state law would be amended to codify that firefighters […]
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UN Drug Commission Votes To Ban Previously Uncontrolled Marijuana Compound, With U.S. Abstaining
The United Nations (UN) Commission on Narcotic Drugs (CND) voted this week to ban the marijuana component hexahydrocannabinol (HHC) under an international treaty, with every country present except the United States casting a vote in favor of placing the substance under Schedule II of the 1971 Convention on Psychotropic Substances. The U.S., for its part, […]
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Democratic Senator Unsuccessfully Attempts To Add Marijuana Banking Bill Provision To Financial Regulations Proposal
A Democratic senator unsuccessfully attempted to attach a key provision of a marijuana banking bill—but not one that would’ve actually helped the cannabis industry access financial services—to a broader bill focused on the problem of debanking. At a Senate Banking Committee markup on Thursday, Sen. Jack Reed (D-RI) filed an amendment to incorporate Section 10 […]
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Two Months Into New Congress, Bipartisan Marijuana Leaders Have Yet To Even Meet As Psychedelics Caucus Sees ‘Momentum’
It’s been about two months since the 199th Congress convened, and a bipartisan caucus of leaders on marijuana reform has yet to even hold an initial meeting, much less coordinate plans to advance cannabis legislation under the Trump administration. At the same time, a separate psychedelics caucus seems to be hitting the ground running, encouraged […]
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Oregon’s New Secretary Of State Withdraws Controversial Marijuana Audit That Led To Predecessor’s Downfall
“My team and I concluded that the selection of the audit, the framework for the audit, and potential predetermination of its conclusions imperiled the audit from the outset.” By Julia Shumway, Oregon Capital Chronicle New Oregon Secretary of State Tobias Read (D) on Wednesday withdrew the scandal-marred audit of the state’s liquor and cannabis commission […]
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