Cannabis & CBD Retail Market To Reach $33 Billion In 2024

MARYLAND:  U.S. retail sales of cannabis and CBD products reached $14 billion in 2019, and are on pace to increase 18% per year to $33 billion in 2024, according to data published in Cannabis and CBD: U.S. Retail Market Trends and Opportunities, the latest report by leading market research firm Packaged Facts. Cannabis products can be segmented by delivery format—i.e., the Read the full article…

Maryland: Baltimore Prosecutor To No Longer Target Marijuana Possession Offenses

MARYLAND: Officials will no longer prosecute marijuana possession offenses in Baltimore, according to a newly announced public policy by the office of the State’s Attorney for Baltimore City. Under the plan, which takes immediate effect, the office will also move to expunge the criminal records of an estimated 5,000 citizens previously convicted of cannabis-related offenses. The office’s decision Read the full article…

NIH: Teen Marijuana Use Not Increasing Despite Legalization

MARYLAND: Self-reported marijuana use by adolescents has failed to increase in recent years despite the majority of states legalizing it for either medical or adult use, according to the latest data compiled by the University of Michigan’s Monitoring the Future survey, which is commissioned by the US National Institutes on Drug Abuse. NIDA is a part of Read the full article…

Maryland Medical Cannabis Forum Is Thursday, November 8, 2018

Presents an In-Depth Discussion of MMJ Research and Practice MARYLAND – Maryland doctors can enhance their knowledge about medical cannabis treatment at the inaugural Maryland Medical Cannabis Forum (MMCF), on Thursday, November 8th in Baltimore.  The MMCF was created to provide to the Maryland medical community current and credible information on the state of medical cannabis research Read the full article…

FDA Calls for Public Comments Regarding International Classification Of Cannabis

MARYLAND: The US Food and Drug Administration is seeking public comments specific to whether changes ought to be recommended regarding the international classification of cannabis as a controlled substance. Members of the public have until October 31, 2018 to submit their comments to the FDA for consideration. The FDA says that the comments “will be considered in preparing a response from the Read the full article…

IGC To Enter California Market With Hyalolex

MARYLAND: India Globalization Capital (IGC) has designated California as a priority market for Hyalolex, its lead cannabis-based supplement for treating and managing Alzheimer’s patients. “The cannabis market is showing explosive growth and we are aggressively moving forward with our vision of owning and marketing the leading brands for large medical indications such as Alzheimer’s, Parkinson’s, PTSD, Read the full article…

FDA Approves First Cannabis-Based Epilepsy Drug

MARYLAND: The U.S. Food and Drug Administration has approved Epidiolex (cannabidiol) [CBD] oral solution for the treatment of seizures associated with two rare and severe forms of epilepsy, Lennox-Gastaut syndrome and Dravet syndrome, in patients two years of age and older. This is the first FDA-approved drug that contains a purified drug substance derived from Read the full article…

Maryland Hemp Distribution Bill Signed Into Law

MARYLAND:  Republican Gov. Larry Hogan has signed legislation into law expanding the state’s hemp production program. House Bill 698 expands the state’s existing pilot program to explicitly permit for the distribution, marketing, and sale of hemp – both in state and out of state. Lawmakers had overwhelmingly passed the bill by a vote of 182 to 1. For more information, contact Read the full article…

Puerto Rican Alzheimer’s Patients To Be First In U.S. To Obtain Cannabis-Based Relief

MARYLAND: Alzheimer’s patients in Puerto Rico will be the first in the United States to obtain Hyalolex, IGC’s proprietary cannabinoid based formulation aimed at relieving many of the symptoms of Alzheimer’s Disease, such as agitation, anxiety, sleep disorder, as well as caregiver distress, among others. Pursuant to an agreement between IGC and DaMa Pharmaceutical and its Read the full article…

Cannabis Policy Reform Advocates Release Report Card Grading Candidates for Governor in Maryland

MARYLAND: The Marijuana Policy Project (MPP) released a voter guide Monday that grades Maryland gubernatorial candidates strictly on their positions and statements about cannabis policy. The report contains letter grades for each person running in Maryland’s Democratic Primary for governor in June and is based on answers to a questionnaire MPP sent to candidates, bill sponsorship, and Read the full article…