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News

The Grinch Stole SAFE Banking from the Cannabis Industry This Christmas, Yet Again!

by Laurel Leaf | Saturday Dec 21, 2024

As of December 2024, it has become official: the current Congress will not provide any protections for banks that serve state-legal marijuana businesses. This decision has significant implications for the cannabis industry, which continues to grow rapidly despite the lack of federal support.

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What Federally Illegal Drug Has Created Almost $10 Billion in Sales Tax Revenue for States in the Last 40 Months?

by HighChi | Thursday Dec 19, 2024

In a significant development for the burgeoning cannabis industry, the U.S. Census Bureau has reported that states across the nation have collectively amassed over **$9.7 billion** in tax revenue from marijuana sales since mid-2021. This figure underscores the economic impact of legalized cannabis and highlights the growing acceptance of marijuana as both a recreational and medicinal substance in various states. As more states move toward legalization, the financial implications both positive and negative are becoming increasingly evident.

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Are MSOs Just Big Pharma on Steriods? - Anti-Pot Florida Governor Says Large Cannabis Companies are Just Drug Companies Part 2

by 420 Bills | Wednesday Dec 18, 2024

The ongoing debate over cannabis legalization in Florida reflects broader national trends regarding marijuana policy. As more states move toward legalization both for medicinal and recreational use—Florida finds itself at a crossroads. The outcome of Amendment 3 could set a precedent for future legislative efforts and influence public perception of cannabis use.

News

No Recreational Cannabis in Costa Rica - High Court Strikes Down Recreational Weed Ballot Referendum

by 420 Bills | Monday Dec 16, 2024

On November 28, 2024, the Costa Rican Constitutional Court, known as Sala IV, made a landmark ruling that has sent shockwaves through the nation and the broader Latin American region: it struck down a proposed referendum aimed at legalizing recreational cannabis.

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Why Does Elton John, Time Magazine's Icon of the Year, Think Marijuana Legalization is a Terrible Idea?

by 420 Bills | Saturday Dec 14, 2024

Elton’s defenders argue that his perspective is a reminder to proceed with caution. “It’s not about banning cannabis altogether,” one user wrote. “It’s about acknowledging the risks and ensuring we don’t glamorize it.”

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How Much Money Could Your State Make by Legalizing Weed? - $5 Billion in Tax Revenue Up for Grabs in Non-Legal States

by 420 Bills | Thursday Dec 12, 2024

Since Colorado and Washington became the first states to legalize recreational cannabis in 2012, the industry has experienced explosive growth. By 2023, legal cannabis sales in the U.S. reached approximately $30 billion, with projections suggesting that this figure could exceed $50 billion by 2026. This rapid expansion has generated substantial tax revenues for states that have embraced legalization.

News

Health Canada Claims That Only 3% of the Cannabis Consumed by Canadians is from Illicit Sources, 97% from Legal Stores?

by 420 Bills | Tuesday Dec 10, 2024

The landscape of cannabis consumption in Canada has undergone a transformative shift since the legalization of recreational cannabis in October 2018. A recent survey conducted by Health Canada reveals that only **3% of cannabis consumed in the country** comes from illicit sources.

News

Life in Prision for Carrying Medical Marijuana Through an Airport - Not All Countries are Cannabis Friendly

by Chiara C | Monday Dec 9, 2024

Maurice Kevin O'Rourke, a resident of Ontario, Canada, was traveling through Dubai International Airport when he was arrested in July 2023. His journey took a drastic turn when customs officials discovered CBD oil and cannabis in his luggage. O'Rourke had been using these substances to manage his health condition—Addison's disease—a rare disorder that affects the adrenal glands and can lead to severe health complications if not properly managed.

News

How Do Your Kids Learn about Weed? You! - Teens' Cannabis Views Tied to Parental Use and Role Modeling

by HighChi | Sunday Dec 8, 2024

Parents play a pivotal role in shaping their children’s perceptions of substances like cannabis. Studies indicate that adolescents are more likely to use cannabis if they perceive their parents as accepting or using it themselves. Conversely, strong parental disapproval of drug use is associated with lower rates of adolescent substance use. This dynamic underscores the importance of parental attitudes in influencing teen behavior.

News

Is the DEA Rigging the Cannabis Hearings like Tyson vs. Paul? - DEA Sued for Hiding Secret Emails from Anti-Pot Lobbying Group

by jsp1073 | Wednesday Dec 4, 2024

An attorney has accused the DEA of concealing emails related to its communications with Smart Approaches to Marijuana (SAM), a prominent anti-marijuana organization. This article delves into the details of the lawsuit, the implications of these allegations, and the broader context of marijuana policy in America.