This story was republished with permission from Crain’s Cleveland Business. Midway through October, the pace of adult-use cannabis sales in Ohio is trending flat to slightly up while medical sales are trending flat to slightly down. Average adult-use marijuana sales per week in the state total approximately $11.2 million so …
New intoxicating hemp ban on table in coming Texas legislative session
The enormous intoxicating hemp goods market in Texas may not have long. Republican legislative leaders in the state capital of Austin are prepping to ban such products in the coming legislative session, which runs from January to June next year, The Texas Tribune reported. Lt. Gov. Dan Patrick distributed a …
Massachusetts celebrates ‘pivotal chapter’ of cannabis industry maturation
A new report from Massachusetts cannabis regulators described the past fiscal year – July 2023 to June 2024 – as a “pivotal chapter” for the maturation of the marijuana trade in the state, citing ever-increasing sales records, new social equity developments and upcoming social consumption business licenses. The annual report, …
MIRA says ketamine-based drug beats current pain treatments in study
MIRA Pharmaceuticals Inc. (NASDAQ: MIRA) said its experimental ketamine-based drug outperformed currently available pain treatments in preclinical studies, building on months of research that show why the compound might succeed where other treatments have failed. The drug, known as Ketamir-2, demonstrated up to 112% more effective results than pregabalin (Lyrica) …