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Since Massachusetts first opened its adult-use hashish market, licensed retailers have bought greater than $7 billion in authorized medical and leisure marijuana, in response to numbers from the state’s Hashish Management Fee (CCC). The value per gram of authorized marijuana, in the meantime, continues to fall to report lows. The gross sales milestone—roughly $7.05 billion—consists of $5.81 billion in leisure purchases since adult-use gross sales started in late 2018 in addition to $1.24 billion value of medical marijuana receipts over the identical time interval. CCC’s gross sales information for the medical market extends again solely to December 2018, when the…

A Custom of Excellence For hundreds of years, Native tribes throughout North America have harnessed the advantages of the hemp and hashish vegetation. These vegetation have held sacred and important roles in lots of Indigenous cultures, deeply intertwined with non secular practices, medicinal functions, and conventional methods of life. It’s no surprise, then, that Indigenous persons are rising as main entrepreneurs and innovators within the burgeoning hashish business. They’re advancing the hashish sector, guided by their wealthy cultural heritage and a dedication to sustainable practices. At the moment, tribes in Minnesota are poised for his or her flip. Pioneering Tribal…

Editor’s observe: This text initially appeared in The Outlaw Report, and has been republished with permission. The Maryland Hashish Administration (MCA) announced final week that the lottery drawings for social fairness hashish licenses shall be held on Thursday, Mar. 14, 2024. That is the primary alternative for brand new companies to get adult-use licenses since legalization final summer season. The lottery comes after a two and half month delay. It was speculated to be held firstly of the 12 months. This primary wave of the lottery goals to create alternatives for these disproportionately impacted by the warfare on medication to…

The U.S. Division of Agriculture (USDA) has printed a brand new “Hemp Analysis Wants Roadmap” and introduced a $10 million funding in research on the crop by means of Oregon State College. The division can be proposing to develop a public-private consortium centered on streamlining hemp analysis. The 19-page hemp report, USDA stated an a press launch, “displays stakeholder enter in figuring out the hemp trade’s biggest analysis wants,” which it divides into 4 areas: Breeding and Genetics, Greatest Practices for Manufacturing, Biomanufacturing for Finish Makes use of and Transparency and Consistency. “These precedence analysis areas lower throughout your complete…

Ohio lawmakers are contemplating laws to offer funds for retiring a whole lot of K9 officers within the state after voters handed a hashish legalization initiative final 12 months, the Associated Press studies. The invoice goals to handle a standard subject confronted by states that decriminalize or legalize adult-use hashish, as police canine can’t be merely “un-trained” after being taught to detect and alert for a sure odor. House Bill 396 is primarily sponsored by Reps. Sean P. Brennan (D) and Josh Williams (R) but additionally counts dozens of different lawmakers within the Ohio Home of Representatives as co-sponsors. The…

Minnesota hashish regulators have unveiled new laws on the sale of hemp flower merchandise, MinnPost studies. The principles had been set on Thursday by the Workplace of Hashish Administration. The company’s interim director Charlene Briner described the trouble as an an “interagency settlement” that can embody contracting a personal testing lab. The brand new guidelines come after merchandise bought from a Twin Cities hemp retailer examined at 29.99% complete THC, together with 1.1% delta-9 THC, which is greater than 3 times the authorized delta-9 THC restrict, the report mentioned. “We’re beginning to contact retailers as we communicate to speak about…

Teen use of delta-8 THC is larger in states the place marijuana is illegitimate, in accordance with a brand new research printed on Tuesday within the Journal of the American Medical Affiliation (JAMA). With regards to adolescent consumption of hashish itself, “there have been no variations in marijuana use by state-level hashish insurance policies,” the researchers concluded, opposite to legalization opponents’ oft-repeated declare that the reform will result in elevated teen use. Total, simply over eleven p.c of high-school seniors self-reported utilizing hashish merchandise containing delta-8 THC previously yr, the research discovered. Use of the largely unregulated psychoactive cannabinoid “is…

Picture: Neatleaf Within the nascent days of the hashish business, pioneers relied on sheer dedication and guide processes to serve sufferers in want. Amidst authorized uncertainties, early efforts had been strictly hands-on, from trimming buds to managing affected person information with pen and paper. But, because the business matures, the tide is popping towards innovation and effectivity, propelling companies into a brand new period of automation and synthetic intelligence (AI). Impressed by conventional industries together with agriculture, prescribed drugs, and shopper packaged items, operators have adopted applied sciences that streamline operations from plant cultivation to packaging and logistics. The shift…

As not less than 4 U.S. states weigh whether or not so as to add feminine orgasmic dysfunction (FOD) as a qualifying situation for medical marijuana, a newly printed journal article by one of many organizers of that effort additional reinforces the potential advantages provided by hashish, together with elevated orgasm frequency, improved satisfaction and higher ease attaining orgasm. Revealed this month in The Journal of Sexual Medication, the report is the product of a 2022 observational research by authors Suzanne Mulvehill, a medical sexologist, and Jordan Tishler, a health care provider on the Affiliation of Cannabinoid Specialists and the…

Hashish corporations and (relying on the state) manufacturers typically use license agreements to develop their manufacturers. If carried out appropriately, they could be a enormous driver of income for the manufacturers and licensees, and might develop the great will of the model throughout a specific territory. Nevertheless, they’re notoriously simple to botch. A nasty license settlement might be devastating for a hashish model. On this put up, I’ll look at a few of the commonest issues I’ve seen in license agreements throughout a bunch of various states. It might assist if I first clarify what I imply by “license settlement.”…