Presidential candidate Vice President Kamala Harris is actively courting cannabis voters beyond making pro-cannabis statements. A virtual rally hosted by longtime cannabis consumer Willie Nelson and his wife, Annie, at Luck Ranch HQ will feature several cannabis company owners. The rally is happening at 7pm on October 24. The cannabis telemedicine company NuggMD released a 2024... Continue Reading →
National Accountants Group Urges IRS And Treasury To Update Marijuana Tax Guidance Ahead Of Federal Rescheduling
A national association of accountants is asking the Treasury Department and Internal Revenue Service (IRS) to issue updated guidance on federal tax policy for marijuana businesses as the administration’s rescheduling proposal moves through the process. The American Institute of Certified Public Accountants (AICPA) is also requesting that the federal financial agencies give cannabis companies a... Continue Reading →
MIRA says ketamine-based drug beats current pain treatments in study
MIRA Pharmaceuticals Inc. (NASDAQ: MIRA) said its experimental ketamine-based drug outperformed currently available pain treatments in preclinical studies, building on months of research that show why the compound might succeed where other treatments have failed. The drug, known as Ketamir-2, demonstrated up to 112% more effective results than pregabalin (Lyrica) and 70% greater relief than... Continue Reading →
California seizes more than $70M in illicit cannabis in third quarter
California authorities have seized more than $70 million worth of illegal cannabis in just three months as part of the state’s latest crackdown on underground marijuana operations, officials said Tuesday. The seizures – which included 42,000 pounds of illicit cannabis since July – represent more than a third of the $191 million in illegal cannabis... Continue Reading →
How Canada’s Medical Marijuana System Changed After The Country Legalized Recreational Cannabis
“As soon as parliament passed the new cannabis law, medical registrations began slowing down, despite recreational legalization still being four months away.” By Michael J. Armstrong, Brock University When Canada legalized recreational cannabis use on October 17, 2018, there were concerns about the potential impacts. Would it trigger greater cannabis use, boost economic growth or... Continue Reading →
Legislative Committee In Ireland Calls For Marijuana Legalization And Decriminalization Of ‘All Illicit Drugs’
After lawmakers in Ireland delayed a vote on marijuana legalization earlier this year in favor of further studying the issue, a special legislative committee on drug policy has published an interim report with nearly 60 recommendations, calling for changes such as the limited legalization of marijuana and the decriminalization of personal use and possession of... Continue Reading →
Voters In Kansas And Utah Back Marijuana Legalization, New Polls Show, Demonstrating Issue’s Popularity In Red States
New polls from two deeply conservative states—Kansas and Utah—show majority voter support for adult-use marijuana legalization. As the election quickly approaches, there’s been sizable attention paid to voters’ preferences on cannabis reform, with both major party presidential candidates backing an end to prohibition for the first time in U.S. history. And these latest surveys seem... Continue Reading →
New Jersey Senate Panel Approves Bill To Address Expungements Backlog Caused By Marijuana Legalization
“You can’t get a job, you can’t get housing, you can’t get money to go to school to better yourself. Some can’t even get into the military.” By Nikita Biryukov, New Jersey Monitor A Senate panel approved legislation Monday that would bar the New Jersey State Police from releasing information about to-be-expunged crimes in the... Continue Reading →
Kamala Harris Says Taking Cannabis Gummies Is Not Part Of Her Stress Management Routine
Vice President Kamala Harris’s de-stressing routine does not involve taking marijuana gummies, she assured an audience at a campaign event in Michigan on Monday. Speaking on a panel with author and former First Lady of California Maria Shriver and former U.S. Rep. Liz Cheney (R-WY), the Democratic presidential nominee was asked about managing stress as... Continue Reading →
DEA Judge Denies Agency’s Request To Block Witnesses In Hearing Challenging Proposed Psychedelics Ban
A Drug Enforcement Administration (DEA) administrative judge has denied the federal agency’s request to block a series of witnesses and evidentiary exhibits in a forthcoming hearing on its plans to ban a pair of psychedelic compounds used for research purposes. While Administrative Law Judge (ALJ) Paul Soeffing granted DEA’s motion to keep certain proposed evidence... Continue Reading →