Cannabis News Box

New Mexico’s medical cannabis program is booming – sales soar 86 percent

New Mexico’s medical cannabis program is booming – sales soar 86 percent

May 5, 2017

New Mexico's Medical Cannabis Program saw an 86 percent increase comparing the first three months of 2016 to the first three months of 2017, according to a press release from one of the state's medical cannabis providers, Ultra Health. The state's program saw revenues reach $19 million, despite New Mexico having the country's most restrictive plant count, a maximum of 450 plants per producer. ...

Congress’ new budget will allow medical cannabis states to proceed without fear of federal intervention

Congress’ new budget will allow medical cannabis states to proceed without fear of federal intervention

May 1, 2017

Congress included a provision in its newly unveiled budget that will block the Justice Department, including U.S. Attorney General Jeff Sessions, from spending federal dollars on interfering with states' medical cannabis laws. The provision, known as the Rohrabacher-Farr amendment, states "None of th...

West Virginia becomes 29th state to introduce medical cannabis legislation

West Virginia becomes 29th state to introduce medical cannabis legislation

April 27, 2017

West Virginia Governor Jim Justice recently signed the West Virginia Cannabis Act into law, marking the 29th state to legalize cannabis for medicinal purposes. Citizens of The Mountain State won't have access to medical cannabis until July 1, 2019, with the exception of terminally ill cancer patients....

New study links medical cannabis laws with a decline in Medicaid prescriptions

New study links medical cannabis laws with a decline in Medicaid prescriptions

April 19, 2017

According to a new study by Health Affairs, significant evidence shows negative association between medical cannabis laws and prescriptions filled for each category of Medicaid beneficiaries.  The authors of the study have estimated that if the entire United States had enacted medical cannabis laws back in 2014, there would be a total of $1.01 billion in total savings for fee-for-service Medicaid. "Ou...

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