Author: News Room

The governor of Oregon is granting a mass pardon for state-level marijuana possession offenses that will provide relief to an estimated 45,000 people, her office said on Monday. Gov. Kate Brown’s (D) cannabis clemency action—which also involves forgiveness for more than $14 million in fines and fees—comes about a month after President Joe Biden issued thousands of pardons for federal marijuana possession cases and called on governors to follow suit. “No one deserves to be forever saddled with the impacts of a conviction for simple possession of marijuana—a crime that is no longer on the books in Oregon,” Brown said…

The pharmaceutical industry takes a serious economic hit after states legalize marijuana—with an average market loss of nearly $10 billion for drugmakers per each legalization event—according to a first-of-its-kind study. The peer-reviewed research article, published in the journal PLOS ONE on Wednesday, looked at stock return and prescription drug sales data for 556 pharmaceutical companies from 1996 to 2019, analyzing market trends before and after the enactment of medical and adult-use cannabis legalization laws at the state level. The stock returns were “1.5-2 percent lower at 10 days after legalization,” the study authors founds. “Returns decreased in response to both…

The wholesale value of marijuana across 15 adult-use states has reached $5 billion—making it the sixth most valuable cash crop in the country, above potatoes and rice—according to a new report. And that’s not even accounting for the massive medical cannabis market that provides for patients in almost two dozen other states. Leafly’s 2022 Cannabis Harvest Report fills in significant gaps in agriculture data about the crop, which has been understudied through traditional means because marijuana remains federally prohibited. The cannabis company analyzed licensing records for legal cannabis states, sales and tax reports, commercial pricing data, field measurements, U.S. Department…

The latest version of Apple’s iPhone software gives users an option to track medications and learn about possible drug interactions with other substances—including marijuana. As the cannabis legalization movement has evolved, the technology giant has been gradually revising policies over the years that generally align with the normalization of cannabis. The latest example is the iOS 16 update to Apple’s Health app. Users can tell the Health app if they use alcohol, cannabis or tobacco to search for “potential interactions between medications on your list.” A footnote on Apple’s press release about the Health app update last week says that…

A new report from New Frontier Data delves into the average number of plants that are considered to be “hot” and what the industry could look like in the near future. New Frontier Data released new data on August 5 regarding crops and how many plants have gone “hot,” or exceeded the required limit of less than 0.3 percent THC, and needed to be destroyed. In its “Hot vs. Not?” research, the company states that the average percentage of plants that are considered hot in hemp harvests throughout the U.S. is 10.81 percent (based on data between 2018-2020). New Frontier…

Garcia Hand Picked, the cannabis brand founded by the family of legendary Grateful Dead lead guitarist Jerry Garcia, entered its fifth legal cannabis state today with an expansion into Colorado’s competitive recreational weed market. A collaboration between multistate operator Holistic Industries and Colorado craft cultivator Veritas Fine Cannabis, the Garcia Hand Picked line of cannabis products and merchandise was created in partnership with the family of the late Jerry Garcia. “It’s an honor to finally have a presence in Colorado, one of our nation’s most discerning cannabis markets,” Trixie Garcia, one of Jerry’s daughters and spokesperson for the Garcia family,…

Edible forms of cannabis, including gummies, mints, brownies, cookies, tinctures, drinks, and other food products, are discreet and can produce long-lasting, safe effects. They’re great when consumed responsibly, and when you know how much you’re consuming. But edibles can lead you down an unpredictable path if you’re not careful, so it’s important to know what kind of experience you want to have. Eating too much cannabis isn’t going to hurt your body, but unwanted or unpleasant effects from edibles can be avoided if you know the dose of the product and what dose of edible works best for you. Edibles…

When it comes to genetics, Blimburn Seeds doesn’t mess around. Sergio M is the weed celebrity you may not have heard of, but you’ve definitely seen his work. As his native Spain became a seed-production hotspot in the early 2000s, this genetics wizard started working behind the scenes with some of the biggest names in cannabis—and still does through Blimburn Seeds, a seed bank trusted by growers throughout the world. Through Sergio’s friendship and collaboration with cannabis icons Kyle Kushman and Steve DeAngelo, he was the first to bring American genetics, including Granddaddy Purple and GSC, to Europe. Now, Blimburn…

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After a long and contentious campaign, the people of Colorado have spoken.The Centennial State has voted to legalize and decriminalize various psychedelic drugs via Proposition 122, also known as the Natural Medicine Health Act. Proponents declared victory on Wednesday evening. With 88% of the ballots counted, the measure had eked out a narrow win: 51.4% of voters supported it, and 48.6% opposed.Proposition 122 includes several components that state officials will implement over the next several years: The decriminalization of psychedelic drugs, the legalization of psilocybin (magic mushrooms), and the potential legalization of other psychedelic drugs, including ibogaine, dimethyltryptamine (DMT), and…