Marijuana use is associated with lower odds of subjective cognitive decline (SCD), according to a new study, with people who consume cannabis for recreational or medical purposes reporting less confusion and memory loss compared to non-users. The study—which showed that recreational cannabis use is “significantly” linked to lower SCD—is... Read more
Sen. John Fetterman (D-PA) says it’s a “mistake” that President Joe Biden’s marijuana pardons don’t cover possession offenses under military code, arguing that cannabis should be broadly treated the same as alcohol under federal law. The senator said during an interview with Ask a Pol’s Matt Laslo this week... Read more
A pair of Senate committees in Hawaii has advanced a bill that would legalize marijuana in the state, adopting a number of amendments to the underlying proposal before sending it to the chamber floor where a vote is expected next week. Last year the Senate passed a separate legalization bill... Read more
New York Governor Kathy Hochul on Wednesday called on social media companies and popular websites including Google and Yelp to stop running listings for unlicensed cannabis retailers. At a press conference, the governor appeared with licensed dispensary owners, who face stiff competition from the multitude of unlicensed weed retailers... Read more
Due to a shortage in stimulant-based drugs for ADHD (attention-deficit/hyperactivity disorder), the U.K.’s limited medical cannabis industry is seeing a spike in patients using cannabis for relief as an alternative. The exodus of patients resorting to medical cannabis shows its growing need. The Guardian reported last September that doctors in... Read more
Verano Announces Fourth Quarter and Full Year 2023 Financial Results Record Revenue of $938 Million Increased 2023 Net Cash Provided by Operating Activities by 16% to $110 Million Generated $73 million in Free Cash Flow1 for 2023, Meeting Guidance CHICAGO, Feb. 29, 2024 (GLOBE NEWSWIRE) — Verano Holdings Corp.... Read more
As we described in a previous article, the Global Cannabis Stock Index extended the bounce from November after the huge October loss, rallying 8.1% in December. That index was down 20.1% in 2023, which followed a record decline of 70.4% for 2022. In January, it rallied again, rising 12.2%, but it fell 6.0% in... Read more
You’re reading this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. The newsletter includes unique insight to help our readers stay ahead of the curve as well as links to the week’s most important news. Friends, Two weeks ago, we... Read more