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Louisiana’s medical cannabis expansion has gotten mixed reviews, Mississippi’s proposed legalization legislation may be too good to be true, and Colorado cemented its position as a cannabis giant.
Let’s dive into this week’s cannanews.
The Bayou State’s medical cannabis program brought in the new year with a bang. As of Jan. 1, Louisiana medical cannabis patients can now buy raw cannabis flower from one of the state’s nine dispensaries. Though this expansion is only a couple of days old at this point, it is already raising a number of questions and concerns from law enforcement and patients alike.
Police are unsure how to properly navigate this new legal purgatory. Though cannabis flower is now allowed for qualified patients, its federal illegality makes it tricky to regulate. For now, Louisiana police have settled on treating flower like any other prescription drug. As Calcasieu County Sheriff Tony Mancuso explains, that means that “…all medications (ie. flower) should be kept in their original bottles, with the prescription [and] the name of the person who the medicine is for in their possession.”
Patients, meanwhile, have been frustrated by how expensive flower has been at launch. In New Orleans, for example, an eighth of flower can cost a customer as much as $80. Nevertheless, Republican State Rep. Tanner Magee, the person behind the program’s expansion, says consumers should practice some patience. “It’s the first day, but I’m going to monitor it and see if there needs to be adjustments moving forward,” Magee said in a recent interview.
Mississippi is giving medical cannabis another shot! A medical marijuana bill was introduced to the state’s legislature earlier this week. If the bill passes, a medical cannabis program could be up and running by the end of the year.
While an announcement like this would usually be met with excitement, there is reason to be doubtful. After all, Mississippi’s Supreme Court already overturned of a voter-backed legalization initiative back in 2020. This time around, it seems that Gov. Tate Reeves may be the roadblock to legalization.
The governor’s main issue with the proposed legalization bill is that it allows consumers to purchase too much cannabis at once. In its current form, the legalization bill allows patients to buy 3.5 grams of cannabis flower, 1 gram of concentrate, or up to 100 milligrams of THC-infused products per day. The governor has stated that he will veto the bill unless it cuts its proposed purchasing limits in half.
The Centennial State’s cannabis industry just had its best year yet! In 2021 Colorado collected $423 million in total cannabis tax revenue. This continues Colorado’s hot run of cannabis sales, beating 2020’s record tax revenue of $387 million.
Colorado has now collected over $2 billion in taxes and made $12 billion in total cannabis sales since 2014. With this year’s revenues, Colorado has cemented itself as a U.S. cannabis giant—trailing only Washington ($3 billion) and California ($3.1 billion) in tax revenue accumulated since 2014.
Mental health is crucial to our well-being. The National Institute of Mental Health (NIMH) estimates that more than one in five U.S. adults is currently living with a mental health condition. The effort to destigmatize the conversations around mental health is recognized from Mental Health Awareness Month in May to World Suicide Prevention Day in…
For years, celebrities looking for their next investment opportunity or endorsement deal have flocked to the alcohol industry. With its huge market value ($2,313.2 billion in 2023), expected growth (Fortune Business Insights predicts it will top $5,716.2 billion by 2032), and abundance of brands eager to differentiate themselves from a sea of similar products, the…
As cannabis use and accessibility grow nationwide, many universities have established pathways to study the business and science of the plant. Students can research cannabis and its many compounds, pharmacology, cultivation, business, marketing, public policy, and so much more. Beyond cannabis-specific schools like Oaksterdam University and THC University, aspiring cannabis professionals have many options to…
Cannabis is (nearly) as old as time. Fossil records have determined that the plant sprang up sometime in the middle of the Oligocene epoch, 34-23 million years ago, on the Tibetan Plateau, a region that is now home to Kazakhstan and Kyrgyzstan. One or more Neolithic groups likely domesticated it, and it traveled throughout Asia…
Cannabis access has expanded significantly in recent decades. Many states with medical programs have recently adopted recreational legislation allowing anyone 21 years and older to access the plant. This expanded access may leave you wondering if you should bother getting a medical card when you can just purchase cannabis from a recreational store. Medical and…
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The statements made regarding cannabis products on this website have not been evaluated by the Food and Drug Administration (FDA). Cannabis is not an FDA-approved substance and is still illegal under federal law. The information provided on this website is intended for educational purposes only and is not intended to diagnose, treat, cure, or prevent any disease. It is not intended as medical advice and should not be considered as a substitute for advice from a healthcare professional. We strongly recommend that you consult with a physician or other qualified healthcare provider before using any cannabis products. The use of any information provided on this website is solely at your own risk.
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