Marijuana Business Daily

California funds nearly $20 million in cannabis research grants

Published

2 years ago

April 28, 2023

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California regulators have awarded nearly $20 million to 16 state universities to conduct scientific research on a host of cannabis-related issues and compounds, including mental health, delta-8 and delta-10 and what’s billed as the first study on marijuana legacy genetics.

The recipients were chosen from among 98 proposals based on their strong methodology, potential policy influence, advancing public knowledge and ability to develop foundational research, according to a news release.

Several schools received multiple awards. Recipients included:

UCLA, $9.5 million to study intoxication levels of synthetic and semi-synthetic cannabinoids, the effects of smoking concentrates and flower, interactions between cannabis and CBD as well as medical marijuana use. University of California San Diego, $917,000 to conduct a four-year project examining cannabinoid effects on cognitive, psychiatric and neural outcomes in young adults as well as a separate study on cannabis use and mental health among adolescents.

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7 industry predictions for 2025

Published

1 day ago

January 6, 2025

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Sometime in 2025, the IRS could stop taxing state-regulated marijuana companies like cocaine kingpins.

As a bonus, licensed marijuana operators might no longer compete with mainstream retailers selling intoxicating THC products that meet the federal definition of hemp.

Tax reform and some resolution to the civil war between marijuana and hemp are modest asks.

But a future where these longstanding problems are finally resolved would represent a dream scenario for many operators in the $32 billion state-regulated marijuana industry.

That’s a reflection of the steady advances that cannabis reform made in 2024.

The year behind

Cannabis industry progress was slow in 2024.

Congress failed to pass marijuana reform bills, and the Drug Enforcement Administration delayed reclassifying marijuana as a legitimate medicine until this

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Fight over disputed Arkansas medical marijuana permit escalates

Published

4 days ago

January 3, 2025

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A long-running dispute over one of Arkansas’ medical marijuana cultivation permits is escalating after a second court found regulators improperly awarded one of the licenses.

At issue is the license awarded to Fort Smith, Arkansas-based River Valley Relief, one of eight cannabis cultivators licensed by the state.

On Dec. 30, a Pulaski County Circuit judge ruled that state regulators issued River Valley Relief and its principal, Bennett “Storm” Nolan, a permit despite the fact his application was “fatally flawed.”

It’s the second ruling against Nolan and River Valley following a 2022 decision that also found regulators acted improperly when they “unlawfully” awarded Nolan’s business a permit.

The original suit was filed by 2600 Holdings, which does business as Southern Roots Cultivation and unsuccessfully

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Minnesota adult-use cannabis license applicants start new year with uncertainty, hope

Published

5 days ago

January 2, 2025

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Instead of putting the finishing touches on their businesses in anticipation of Minnesota’s adult-use market launch early this year, cannabis license applicants instead face delays and uncertainty.

But if entrepreneurs’ patience and capital lasts long enough to win a license and hold on until Minnesota’s recreational cannabis launch – now projected for early 2026 – their reward will be a robust market brimming with opportunity and innovation, according to observers of the state’s regulated marijuana market.

“I think that we still have a really robust local industry,” said attorney Leili Fatehi, principal at Blunt Strategies, a Minnesota cannabis consulting firm.

“We have a lot of alignment of purpose and values with the regulators as well as with the legislators.

“There is a common

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