For the first time in the history of the $26 billion legal pot market, employment declined last year, according to a new study… but analysts have high hopes for 2023. This year, cannabis sales are expected to grow by almost 12%, according to Whitney Economics, a cannabis-focused data firm. By 2024, Whitney forecasts 20% nationwide…
The value of psilocybin is undeniable… this psychoactive substance is found in hundreds of mushroom species across the globe… if cannabis [plants]… [are] any indication, psilocybin [ie, psilocybe mushrooms are] not going to be federally rescheduled anytime soon… it’s unsurprising that many states and cities are taking their citizens’ mental health into their own hands.…
…proposed legislation would effectively extend a moratorium on new cannabis business licenses by tying future licenses to Oregon’s population. Oregon’s legal marijuana industry has faced slumping wholesale prices before, with the median wholesale price of a pound of cannabis falling to $649 in April 2019, according to OLCC data… The OLCC report estimated demand was…
To some observers, the central question is why the Oregon Liquor and Cannabis Commission (OLCC) – the cannabis regulatory agency with a $200 million annual budget and 380 employees, including sworn enforcement officers – would keep granting a chain like La Mota more retail licenses despite its owners allegedly owing government agencies and vendors millions.…
“So whenever I talk about psychedelics, I always include cannabis. My husband likes to call it the people’s psychedelic. It’s much more available. You can grow it yourself, although I would make a case that you can also grow mushrooms yourself, which maybe is — would also be the people’s psychedelic,” said Julie Holland, M.D.…
The Wine & Spirits Wholesalers of America (WSWA) said that “the current conflict between state and federal law is not only causing adverse consequences for consumers and non-consumers of cannabis but will also have long-term public health and safety costs that are too great to ignore.” …makes a point to endorse the idea of having…
Georgina Martin said she knows psychedelics can carry a stigma and some of the First Nations communities the centre has approached have not wanted to work with them. She said the use of psychedelics for healing will likely go through growing pains similar to what cannabis went through when it was being legalized. Researchers at…
Ricardo Pereyda accepted the role of vice president and COO of the veteran-focused Weed for Warriors Project (WFW). He brought along another veteran named Sean Kiernan – who had also been involved with Sue Sisley and MAPS – to act as CFO for WFW (Kiernan would later become the CEO of the organization.). When it…
Both men were well-respected, longtime players in the Oregon cannabis scene and contributed greatly to the development of Oregon’s regulated cannabis industry. Two longtime Oregon cannabis industry figures were murdered in January in Houston, Texas, in crimes some believe are possibly connected to illicit cannabis. Dana Ryssdal, co-founder of Oregon-based cannabis distribution company LTRMN Inc,…
Raphael Mechoulam, the first person to synthesize THC, earning him the moniker the “Father of Cannabis Science,” has died at 92. THC, CBD, and CBG are basically household names today… …while working as a chemist in the early 1960s at the Weizmann Institute, Mechoulam got some weed from the Israeli police with his goal already…
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