In a significant development for Michigan's cannabis industry, retail prices have fallen below $80 per ounce as of September 4, 2024. This historic milestone, reflecting a nearly 14.5% decline from the previous year, signals a major shift in market dynamics. The price drop is driven by increased competition among licensed dispensaries, a growing supply of cannabis products, and the maturation of the market since the legalization of recreational use in 2018. More dispensaries and cultivation facilities have led to competitive pricing and greater product availability, making cannabis more affordable for consumers and potentially boosting legal sales.
Trump is adding his voice to a growing chorus of advocates who believe that it is time for a new approach to cannabis policy. As the 2024 election cycle approaches, it will be fascinating to observe how Trump’s stance on this issue shapes the political landscape and influences the debate over the future of cannabis in America.
Tax lawyers and risk specialists, however, caution that this choice is likely to start a protracted and costly legal battle with the IRS, which might result in fines of millions of dollars on top of already outstanding tax obligations. “As the saying goes, if something sounds too good to be true, it usually is,” said San Francisco-based tax attorney Henry Wykowski, who has represented several significant 280E-related cases before federal tax courts. “We believe this more aggressive strategy is reckless and will ultimately backfire on those who are pursuing it.”
Since the legalization of cannabis, Denver has generated over $500 million in total tax revenue from adult-use and medical marijuana since 2010. In 2023, the city collected $48.1 million in marijuana tax revenue, reflecting a decline from its peak of $72.6 million in 2021. This trend highlights the fluctuations in the cannabis market and the challenges faced by the industry in recent years.
Black Tie's Fruity Loops Strain took home the "Best Legal Psychoactive Flower" award at the High Times Hemp Cup, and guess what? They got inducted into the Cannabis Hall of Fame too. However, what unique qualities set Fruity Loops apart, and how did it garner such acclaim at this esteemed event?
The recently published Centers for Disease Control and Prevention (CDC) survey offers a compelling look at the trends in marijuana use among high school students over the past decade. As states across the nation have moved to legalize cannabis, this data provides crucial insights into the actual impact of these policy changes on youth consumption. One of the most striking findings from the report is the overall decline in past-month marijuana use among high school students. In 2013, 23% of surveyed students reported using marijuana within the past month.
After 3 months, data was available for 2,112 patients and then 777 after a year. Around 25% of the population acknowledged that they had suicidal ideations at the start of the study; they also suffered from depression, and experienced other symptoms including difficulty sleeping, poor health, and low quality of life. That said, the researchers noticed improvements after three months of treating them with medical marijuana. Rates of suicidal ideation dropped to 17.6% and they saw improvements in depression scores as well. Because of this, the researchers concluded that medical marijuana could be a valuable tool in the treatment of depression and suicidal ideation, which are extremely difficult to treat.
A Transformative 10-Day Mushroom Experience - From the very first day, the author describes the effects of the mushrooms as more profound than anything he had previously experienced. He quickly realizes that this will be a continuous journey of learning, rather than a series of isolated sessions.
The notion of being a "cannabis lifer" raises intriguing questions about dependency, socially accepted habits, and whether such a label inherently implies being a "stoner." As we delve into this topic, we'll explore the complex interplay between identity, substance use, and the evolving nature of our relationships with the things we hold dear.
Interesting bit of advice from Maya4Life on which drugs parents should worry about the most as kids go back to school? Preeti and Curt do a good job talking about tweens and teen drugs, but what about your college age kids going off on their own for the first time? What are the party or club drugs at college right now? MDMA, Molly, Ecstacy?