Wisconsin Lawmakers Unveil New Marijuana Legalization Bill—At A Cannabis Shop In Illinois
A trio of Wisconsin lawmakers traveled across the state line to an Illinois cannabis store on Tuesday to announce the filing of new legislation to legalize marijuana for adults in their own state. The three Wisconsin Democrats—Sen. Melissa Agard and Reps. David Bowen...
Four20 Post: Grants To Study PTSD Among Veterans, Bank Michigan, A Cannabis-Friendly Bank
On Four20 Post Aug. 11, we discussed the $20 million in grants issued Tuesday by the MRA to study marijuana's impact on helping mitigate PTSD symptoms among veterans, one of the reasons why our HeroProjectUSA.Org was founded to help veterans suffering from this...
Michigan Spends $20M In Marijuana Revenue To Study Medical Cannabis For Veterans With PTSD
A pair of research projects funded by $20 million in tax revenue from Michigan’s adult-use cannabis program will analyze the effects of medical marijuana in military veterans, state officials announced on Tuesday. The bulk of the money, nearly $13 million, will...
Using Pot Doesn’t Disqualify Unemployment Eligibility, Michigan Attorney General Says
A person should still be allowed to collect unemployment benefits even if they were fired for using cannabis while off the clock, Attorney General Dana Nessel argued in an amicus brief filed Monday. “The People reserved for themselves the personal freedom to consume...
It’s Time To Get Serious About U.S. Marijuana Stocks
With state legalization expanding and financial troubles receding, Wall Street says it's time to pay attention to U.S. marijuana stocks. Their path to profitability is firmer than their better-hyped Canadian counterparts, analysts say. The playing field is bigger,...
Illinois Sets Yet Another Record For Monthly Marijuana Sales, With Retailers Citing A Lollapalooza Boost
Sales of legal marijuana in Illinois last month again broke the state’s all-time record, with nearly $128 million in total recreational receipts, according to the state’s Department of Financial and Professional Regulation (IDFPR). That’s more than $10 million higher...
Michigan Marijuana Retailers Spread Across Michigan, Room For Expansion Remains
New geographic analysis by experts at Anderson Economic Group shows that, after little more than eighteen months, the retail cannabis industry has spread quickly across Michigan. “Over 80 percent of Michiganders now live within a 20-minute drive of an adult-use retail...
Scotts Miracle-Gro Plans To Invest $150 Million In RIV Capital
The Scotts Miracle-Gro Co. is broadening its move into cannabis by launching a new subsidiary that will allow the Ohio-based lawn and garden giant to invest in emerging areas of the marijuana industry. The new subsidiary, called The Hawthorne Collective,...
Proposed Tax Rates In Schumer’s Marijuana Reform Bill Elicit ‘Sticker Shock’
The draft bill outlining Senate Majority Leader Chuck Schumer’s federal marijuana reform legislation sets a nationwide MJ excise tax that would rise from 10% to 25% over five years, a top rate that industry officials argue would be overly burdensome to...
Study: Medical Cannabis Treatment Associated with Sustained Relief, Decreased Use of Analgesics in Chronic Pain Patients
Patients diagnosed with chronic pain experience sustained relief from the use of medical cannabis, and many of them reduce or eliminate their use of analgesic drugs over time, according to longitudinal data published in the European Journal of Pain. A...
