Another year has drawn to a close. For many, 2021 was a mixed bag of a year — we were still grappling with the effects of the coronavirus pandemic, but the global supply chain and economy was starting to show signs of recovery. The year brought a variety of wins to America’s cannabis industry, even though some events may not…
Welcome to the Cannabis Countdown. In This Week’s Edition, We Recap and Countdown the Top 10 Marijuana and Psychedelic Stock News Stories for the Week of May 4th – 10th, 2020.Without further ado, let’s get started.* Yahoo Finance readers, please click here to view full article.10. Chairman and CEO of Profitable Cannabis Firm Joins Champignon Brands’ Board of DirectorsChampignon Continues…
You’re reading a copy of this week’s edition of the free New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. Sign up to receive a copy in your inbox each Sunday morning. Friends, In just 17 days, Illinois, with a population of 12.7 million, the sixth highest in the country, will permit […] READ MORE: https://www.newcannabisventures.com/6-reasons-to-be-excited-by-illinois-cannabis-legalization-and-9-stories-from-new-cannabis-ventures/
Cannabis Countdown: Top 10 Marijuana Stock News Stories of the Week Welcome to the Cannabis Countdown . In this week’s rendition, we’ll recap and countdown the top 10 marijuana stock news stories for … READ MORE: https://finance.yahoo.com/news/cannabis-countdown-top-10-marijuana-140442557.html?.tsrc=rss
With Thailand’s legalization of medical cannabis in February, some experts predict that other Southeast Asian countries may move to decriminalize the plant. Consultancy Prohibition Partners estimates that Asia’s medicinal cannabis market could by 2024 be worth $5.8 billion. At the end of 2018, Canada, the United States, and Mexico agreed on new terms to replace the North American Free Trade Agreement…
Last week, the Department of Veterans Affairs rejected an application made by a veteran requesting that his hemp product firm be recognized. In its denial letter, the department stated that the department could not endorse the business because it was involved in products derived from the same genus of the marijuana plant, which would give the impression that a federal…
While marijuana has been in existence for centuries, it is still a controversial plant. The U.S. federal government classifies it under Schedule 1 of the Controlled Substances Act alongside hard drugs such as meth and cocaine despite the DEA admitting in 2020 that no cannabis overdose has ever been recorded. An estimated 55 million people in the U.S. use marijuana,…
Due to restrictions placed on the cannabis market by federal prohibition, players in the nascent industry cannot market or sell their products through regular chains. Furthermore, patchwork cannabis regulations make it extremely tricky for cannabis businesses to expand to other states. As a result, many cannabis businesses across the country are tapping into a resource that has essentially revolutionalized commerce:…
Prescription drugs have got to be among the most influential human inventions of all time. Thanks to these medications, people have been able to recuperate from illnesses and injuries that would have otherwise taken their lives. However, prescription medications aren’t without risk. Some of these medications have such serious side effects that they actually reduce the quality of life of…
The last person you would expect to use cannabis would be a “person of the cloth.” However, Craig Gross isn’t a conventional Christian. Like many people who grew up during the prohibition era, he’s heard plenty of stories regarding the evils of cannabis. And in Gross’ case, he may have been taught to avoid drugs such as cannabis. Despite that,…
Canadian cannabis sales projected to double to $8.8B over next five years The pace of sales in Canada’s cannabis market may be slowing down, but it is still expected to double over the next five years, according to a new report. That’s the big takeaway from the latest market insights by Chicago-based industry consultancy Brightfield Group, which noted that…
Canadian cannabis stocks like Canopy Growth Corp. (TSX:WEED)(NASDAQ:CGC) are surging on the promise of United States legalization. The price explosion for cannabis stocks was one of the biggest stories of the mid-2010s. Justin Trudeau and the Liberals rose to power in 2015, promising to pursue recreational legalization. They would deliver on that promise, spurring a cannabis gold rush in Canada.…