Thailand moves to recriminalise cannabis, shaking $1 billion industry. It seems like a huge shift is happening, and the ripple effects are going to be felt far and wide. I mean, we’re talking about a country that had just opened up its doors to cannabis, and now it’s potentially slamming them shut again.
Thailand moves to recriminalise cannabis, shaking $1 billion industry, and the potential fallout is enormous. The fact that a thriving industry, estimated to be worth a billion dollars, is suddenly facing the prospect of being illegal again is, frankly, mind-boggling. This isn’t some small shift; it’s a major U-turn that will likely devastate countless businesses and the livelihoods of those who invested in this burgeoning market.… Continue reading
Texas’s recent attempt to ban THC products experienced a surprising twist with Governor Greg Abbott’s eleventh-hour veto. The move has ignited a firestorm of speculation and commentary, painting a picture of political maneuvering, powerful lobbying, and a hefty price tag for the governor’s change of heart.
The initial push for the ban seemed to be a full-fledged assault on the burgeoning THC industry in the state. This sudden and dramatic shift in policy created considerable uncertainty and anxiety within the industry itself. However, the subsequent veto left many questioning the true motivations behind the governor’s actions.
The prevailing theory amongst observers is that the THC lobby significantly influenced the outcome.… Continue reading
As a proud Michigander, it brings me immense joy to witness my home state surpassing California as the top cannabis market in the United States by sales volume. The emergence of Michigan as a dominant player in the cannabis industry is a testament to the progressive nature of our state and the strong demand for legal marijuana products in the Midwest. It is not surprising to see Illinois, Wisconsin, and Indiana residents flocking to Michigan to take advantage of the pricing and availability of cannabis, especially considering the tax savings and accessibility that our state offers.
Being surrounded by dispensaries within a short distance from my home, I have personally witnessed the growth and normalization of the cannabis market in Michigan.… Continue reading
Michigan communities will share a record $87M in marijuana tax revenue and this is truly a landmark moment for the state. Detroit, being the city with the most recreational marijuana dispensaries, will receive nearly $2 million in revenue from the 10% excise tax. This influx of money can make a significant impact on the city and its residents, providing much-needed funds for various community projects and initiatives.
Wayne County, with the highest number of dispensaries and microbusinesses, will also benefit greatly from this tax revenue, receiving $3.5 million. These funds can be allocated towards improving infrastructure, public services, or even investing in local businesses to further stimulate economic growth.… Continue reading
Democrats Urge Biden Administration to Deschedule Marijuana
As an individual who supports the decriminalization and legalization of marijuana, I am thrilled to hear that 12 Senate Democrats, including Majority Leader Chuck Schumer, have urged the DEA to remove marijuana from the Controlled Substances Act altogether. It is high time that we address the outdated federal restrictions on marijuana and embrace a more progressive approach to drug policy.
The fact that the NSA, FBI, and CIA have also expressed their desire for marijuana to be descheduled is a telling indication of the shifting public opinion on this issue. Organizations like these are tired of having to disqualify candidates for past marijuana use and recognize the need for change.… Continue reading
Matt Underwood 
John Q. Hosedrinker