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Cannabis News

for Wednesday, February 8th, 2023

BREAKING: The cannabis legalization movement continues to gain steam around the world! Ganjapreneur is your source for the latest business and policy news about cannabis, hemp, CBD, and herbal medicine. Subscribe to our industry-leading newsletter for daily cannabis news coverage as well as in-depth podcasts, interviews, educational articles, and company profiles.

Australia Legalizes Psilocybin and MDMA for Medical Purposes

Tue / Feb 7th

Australia’s Therapeutic Goods Administration announced the legalization of medical psilocybin and MDMA for depression and PTSD, respectively, starting July 1.

New York Bill Would Require Some Health Insurers to Cover Medical Cannabis

Tue / Feb 7th

A New York proposal would require some health insurers to cover medication costs for state-registered medical cannabis patients.

Study: Limited Evidence that Cannabis ‘Hangovers’ Stymie Performance

Tue / Feb 7th

A recent study found there is little evidence supporting the notion that cannabis “hangovers” can stymie next-day performance.

Medical Cannabis Bill Reintroduced in North Carolina

Tue / Feb 7th

North Carolina lawmakers are reconsidering a proposal to legalize medical cannabis for 11 qualifying conditions and for end-of-life and palliative care.

Federal Judge: Ban on Cannabis Users Owning Firearms Is Unconstitutional

Mon / Feb 6th

A federal judge ruled last week that the federal ban on people who use cannabis from owning or possessing firearms is unconstitutional.

Cannabis Tax Revenues in Colorado Fall Nearly $100M from 2021-2022

Mon / Feb 6th

Cannabis tax revenue in Colorado fell from $423 million in 2021 — during the peak of the coronavirus pandemic — to $325 million in 2022

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