The U.S. Department of Health and Human Services (HHS) is up against an imminent deadline to provide Congress with a report on the therapeutic potential of marijuana and barriers to research under a cannabis bill that President Joe Biden signed into law last year. This comes weeks after another... Read more
You’re reading a copy of 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, This... Read more
Friday marked one full year since legal recreational marijuana sales kicked off in Rhode Island, and officials say they’re proud of how the market is shaping up. “A year into adult-use cannabis sales in Rhode Island, we are proud of the careful execution that defined our entry into this... Read more
The New York Supreme Court has officially lifted an injunction that’s barred state marijuana regulators from processing hundreds of new retailer licenses, clearing the path to significantly expand the state’s cannabis market. The court action comes days after the New York Cannabis Control Board (CCB) approved settlement agreements in... Read more
State and local marijuana regulators, industry stakeholders and advocates and opponents of legalization took part in a two-day session hosted by the National Academies of Sciences, Engineering and Medicine (NASEM) this week, sharing their perspectives on evolving cannabis policies. This marked the second NASEM Committee meeting for its “Public... Read more
New Jersey has opened applications for the second phase of a marijuana social equity funding program, which will make $150,000 grants to awardees and offer eight weeks of technical assistance. The New Jersey Economic Development Authority (NJEDA) says the round of so-called Seed Equity grants will allocate “up to... Read more
The Germany’s coalition government called the Traffic Light coalition, which combines individuals from the Social Democratic Party, Free Democratic Party, and The Greens, reportedly reached an agreement for cannabis regulation on Nov. 27. These recent discussions estimate that cannabis legalization could take effect starting on April 1, 2024, with... Read more
After analyzing available survey data, researchers at the University of Michigan said that 12.1% of adults in the United States aged 50-80 reported using cannabis in the past year. “Among those who reported cannabis use, 34.2% reported using cannabis products 4 or more days per week,” the researchers said.... Read more
Researchers at the oldest college in Utah are opening a medical cannabis research center and seeking for a DEA-approved grow site in order to overcome some of the regulatory hurdles. On Nov. 21, the University of Utah announced the launch of the new center and its initiative. University of... Read more
