Cannabis Culture
Cannabis Culture
More financial institutions working with marijuana industry

More financial institutions working with marijuana industry
The total number of financial institutions willing to work directly with state-licensed cannabis business continues to grow, according to quarterly data provided by the U.S. Treasury Department and first reported by MarijuanaMoment.net.
Since the close of last year, the number of banks actively servicing marijuana businesses increased over 10 percent. The total number of credit unions servicing the industry rose by nearly 20 percent.
Federal law discourages banks and other financial institutions from maintaining relationships with marijuana businesses because the plant remains classified as a Schedule I controlled substance. In February, NORML submitted testimony to Congress in support of legislation to amend federal law in a manner that facilitates relations between the cannabis businesses and the banking industry.
Adults substitute cannabis for prescription meds: study
NEW YORK — Adults who purchase retail cannabis typically report using it to mitigate pain and to improve sleep, and often use it in place of conventional medications, according to data published in the Journal of Psychoactive Drugs.
A team of investigators from the Albert Einstein College of Medicine in New York and the University of Miami assessed marijuana use trends among 1,000 adult use customers in Colorado. Seventy-four percent of those surveyed said that they consumed cannabis to promote sleep, while 65 percent reported using cannabis to alleviate pain. Among those respondents with a history of taking prescription sleep aids, 83 percent reported either reducing or ceasing their use of those medicines. Among those respondents with a history of consuming prescription opioids, 88 percent reported mitigating or stopping their use
“Our findings suggest that de facto medical use may be highly prevalent among adult use customers, and that access to an adult use cannabis market may influence individuals’ use of other medications,” authors concluded. “Our findings … suggest that adult use customers may be similar to medical cannabis patients in their use of cannabis as a substitute for prescription analgesics and sleep aids. … While adult use laws are frequently called ‘recreational,’ … our findings suggest that many customers use cannabis for symptom relief.”
Longitudinal studies assessing the use of prescription drugs following patients’ enrollment in state-sanctioned medical cannabis access programs frequently report a decline in the use of conventional medicines, specifically opioids, anti-anxiety drugs, and sleep aids.
Metered dosing of herbal cannabis effective in patients
HAIFA, Israel — Hospitalized patients administered cannabis via a metered dose inhaler report symptom relief and no severe adverse effects, according to clinical data published in the journal Palliative & Supportive Care.
Israeli investigators assessed the safety, feasibility, and efficacy of metered dose cannabis inhalation in a group of hospitalized patients. The device allowed for patients to self-administer precise quantities of cannabis in a vaporized (non-combustion) form.
All patients reported reduced pain symptoms following cannabis inhalation. Several subjects also reported relief from nausea and spasticity. No severe adverse effects were reported by any of the study’s participants. Three-quarters of the participants reported the inhaler to be “easy to use.”
Authors concluded, “[T]he current study results have demonstrated the feasibility of administrating cannabis using the Syqe Inhaler, allowing for the first time, to administer small, safe, accurate, precise, and reliable dosages of cannabinoids” in a hospital setting.
Del. lawmakers seek to reduce penalties for juveniles
DOVER, Del. — Lawmakers have advanced legislation amending criminal penalties for juveniles who violate the state’s marijuana possession laws. The bill now awaits action from Democratic Gov. John Carney.
Senate Bill 45 eliminates criminal penalties for low-level marijuana possession offenses (up to one ounce) for those under the age of 21. Instead, juvenile offenders will face a fine-only civil penalty. Those with past criminal convictions for juvenile offenses will be eligible for the mandatory expungement of their records.
Under current law, marijuana possession offenses are decriminalized for those ages 21 and older, but remains criminalized for those under the age of 18. Those between the ages of 18 and 21 may be eligible for civil sanctions, depending on their past criminal history.
If signed into law, the new measure will take immediate effect.
Cannabis Culture news in the Blade is provided in partnership with NORML. For more information, visit norml.org.
Cannabis Culture
LGBTQ people, weed, and mental health: what you need to know
Community uses marijuana at much higher rates than general population
Uncloseted Media published this story on May 7.
By SPENCER MACNAUGHTON | In 2025, the global cannabis market size was valued at nearly $103 billion. By 2034, that number is expected to explode by roughly 1,400 percent to more than $1.43 trillion.
In short, as an increasing number of countries legalize marijuana use, everyone is starting to consume a lot more weed. And LGBTQ people tend to use cannabis at much higher rates than the general population. One study found that 55 percent of lesbian and 45 percent of gay young adults use marijuana, compared to about 33 percent and 37 percent, respectively, of their straight counterparts.
As LGBTQ people face a mental health crisis, the mainstream stereotypes that depict weed as an antidote for anxiety, panic and depression aren’t painting the full picture. And that could be exacerbating the mental health struggles so many queer people, and especially youth, face.
Here’s what the research demonstrates about marijuana and its effects on mental health:
- Multiple studies suggest a link between marijuana use and an increased risk of mental health disorders, including schizophrenia, depression and anxiety in individuals who are genetically predisposed.
- One study found that daily marijuana use, especially among younger people, makes some individuals seven times more likely to develop psychosis.
The increase in higher-potency strains of marijuana could pose unknown risks. In 1995, the average content of Tetrahydrocannabinol (THC) in confiscated marijuana was less than 4 percent. In 2022, it was more than 16 percent. Researchers don’t know the full extent of the impact that these higher concentrations can have on mental health and especially on younger people whose brains are still developing.
- A systematic review of studies published between 2013 and 2025 found damning results for the mental health of young cannabis users:
They were 51 percent more likely to experience depression, 58 percent more likely to experience anxiety, between 50 and 65 percent more likely to experience suicidal ideation and 80 to 87 percent more likely to have attempted suicide.
- While the above stats paint a grim picture, there is also some research that suggests benefits of cannabis use:
- A 2025 systematic review found that “medicinal” weed showed some efficacy in relieving withdrawal symptoms of opioid use disorder. THC use has been associated with improvement of post-traumatic stress disorder symptoms, bipolar symptoms and sleep quality.
- Other studies found that THC administered in a controlled setting was associated with a decrease of symptoms and adverse effects for a range of mental health disorders, including schizophrenia, psychotic symptoms, and anorexia nervosa.
Beyond what we pulled from academia, there is an astounding lack of information about the interplay between weed and mental health. As we dive deeper into Mental Health Awareness Month, I hope advocacy organizations, influencers and news outlets ramp up their coverage of this important topic that affects the countless LGBTQ weed smokers, many of whom are already struggling.
Democratic Gov. Michelle Lujan Grisham earlier this month signed two separate measures into law amending the state’s marijuana policies. The first measure (House Bill 2) legalizes and regulates marijuana possession, production, and sales for adults. The second measure (Senate Bill 2) facilitates the automatic review and expungement of the records of those convicted of low-level marijuana offenses.
Lawmakers approved both bills during a special legislative session demanded by Gov. Lujan Grisham, who had been a vocal proponent of the reforms.
NORML State Policies Manager Carly Wolf said: “This is a day to celebrate! New Mexico will greatly benefit from this new revenue stream and the creation of thousands of jobs. Most notably though, legalization will spare thousands of otherwise law-abiding residents from arrest and a criminal record, and the state’s new expungement law will help provide relief to many who are suffering from the stigma and other collateral consequences associated with a prior marijuana conviction.”
The adult-use measure (House Bill 2) permits those ages 21 and older to legally purchase up to two ounces of marijuana and/or up to 16 grams of cannabis extract from licensed retailers. It also permits adults to home-cultivate up to six mature plants for their own personal use. Retail sales would begin by April 2022.
The expungement measure (Senate Bill 2) stipulates that those with past convictions for offenses made legal under this act are eligible for automatic expungement of their records. Those currently incarcerated for such offenses are eligible for a dismissal of their sentence. It’s estimated that over 150,000 New Mexico residents are eligible for automatic expungement under this measure, according to the Department of Public Safety.
Cannabis Culture news in the Blade is provided in partnership with NORML. Visit norml.org for more information.
Cannabis Culture
Delaware cannabis activists take on corporate marijuana
Criticism from medical marijuana operators claimed that HB150 offers too many cultivation and retail licenses
As the country moves forward with sweeping changes in cannabis policy reform, locals in Delaware are tangling with corporate, multi-state medical marijuana permit holders to pass a bill for full legalization.
Adult-use activists and registered medical patients were stunned to hear opposing testimony from Delaware’s medical marijuana operators. Patients already deal with limited access and costly products. Now, many see the established industry voicing opposition as simply obstructing the progress of adult-use legislation. In response, some patients are now staging a boycott of the regulated dispensaries.
During the first committee hearing for HB150, Delaware’s adult-use bill, four of the state’s six currently licensed, multi-million dollar medical cannabis facilities offered negative testimony.
Zoë Patchell, executive director of Delaware CAN responded: “This market belongs to the long-time consumers, patients, and activists. We create the demand, we’ve been the ones driving the reform efforts, and we pay the prices at dispensaries. Cannabis is more than a market – cannabis is a community. These companies cannot reasonably fathom that we are going to purchase cannabis from any entity that has proven to put profits over patients. And now they seem willing to put consumers’ lives and freedom at risk just to hold out for an unfair advantage in the industry.”
These included publicly traded Columbia Care, “Fresh Delaware” aka CCRI, CannTech Research Inc., and the owner of EZY Venture aka “The Farm.”
They all went on record condemning HB150, and pushing a false narrative about oversupply. The core demand from the permit cartel was some protection for their private business interests with guaranteed adult-use licenses.
Criticism from the medical marijuana operators claimed that HB150 offers too many new cultivation and retail licenses, underlined by deep yet unfounded fears that the new competition would put their companies out of business.
Patchell noted, “We are not going to sit back while multi-state corporate entities, that already monopolize East Coast medical markets, work to undermine our social equity and micro-license provisions.”
Cannabis Culture news in the Blade is provided in partnership with NORML. Visit norml.org for more information.
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