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How Inflation is Affecting Cannabis: Prices, Closures, and the Job Market

Veriheal

states with Adult-Use and recreational cannabis markets generate huge amounts of tax revenue from recreational sales. Last year, the price of an eighth of weed ranged from about $25 to $60 in s tates with a legal recreational Adult-Use market. This windfall shows no signs of slowing down either.

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The Fall of South Dakota’s Cannabis Industry

Veriheal

On July 1, 2021, medical marijuana became legal in South Dakota. From early failed attempts at approving medical marijuana to the historic 2020 vote that saw both medical and recreational cannabis on the ballot simultaneously, it has been a challenging battle for cannabis advocates in South Dakota.

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Will Texas Ban Hemp Products?

Veriheal

While Texas still prohibits recreational marijuana, it operates a medical marijuana program that has gradually expanded. 178,000 deaths were attributed to excessive alcohol use in 2020-2021 due to liver disease, poisoning, impaired driving, and violence. The state has long maintained strict marijuana laws , though.

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States to Watch in 2021: Virginia

NORML

According to statewide polling data, 61 percent of Virginia adults support "the legalization of marijuana for recreational use by adults.". The post States to Watch in 2021: Virginia appeared first on NORML.

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MDMA Failed to Receive FDA Approval: What Happens Next?

Veriheal

Drug company Lykos Therapeutics, which had filed the new drug application for MDMA therapy , was informed by the US Food and Drug Administration (FDA) that the data submitted was insufficient to receive approval, requesting that the company conduct an additional Phase 3 trial to further test the safety and efficacy of the drug.

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States to Watch in 2021: Rhode Island

NORML

According to statewide polling data, 56 percent of likely voters say that the state should legalize recreational marijuana for those over the age of 21. The post States to Watch in 2021: Rhode Island appeared first on NORML.

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States to Watch in 2021: Texas

NORML

According to statewide polling data, 62 percent of Texas residents are in favor of legalizing and taxing recreational marijuana. The post States to Watch in 2021: Texas appeared first on NORML.