A Senate proposal to legalize commercial sales of marijuana in Virginia has passed a key hurdle, clearing the Committee on Rehabilitation and Social Services in a 10–5 vote on Friday morning. The bill needs to advance quickly through additional committees in the coming weeks in order to stay alive... Read more
The governor of New York says she’s “very fed up with how long it is taking” to expand the state’s recreational marijuana market with more licensed businesses, revealing that she recently urged regulators to “go back to the drawing board” to approve hundreds of new retailers. Tensions are high... Read more
New York State cannabis regulators are set to vote on proposed rules to govern home marijuana cultivation. If the draft regulations are approved, New Yorkers will be permitted to grow up to 12 cannabis plants at home, subject to some conditions and limitations. The New York Cannabis Control Board... Read more
A lengthy new report from the Department of Defense found that during Trump’s administration, the White House Medical Unit was mishandling dangerous prescription drugs. The 80-page document released on January 8 detailed inappropriate mishandling of pharmaceuticals and their respective prescribing practices. The investigation into this matter began in 2018... Read more
Native American and preservationist advocates are sounding the alarm about an imminent “peyote crisis.” The crisis started decades ago, but recently has been amplified by pharmaceutical interests in mescaline, the psychoactive compound the cactus is known for. The mescaline-rich spineless cactus, Lophophora williamsii, has been used in sacred rituals... 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, After a bear market... Read more
Sen. John Fetterman (D-PA) says he doesn’t support Senate Majority Leader Chuck Schumer’s (D-NY) call for a crackdown on the nicotine product Zyn because it’s a matter of “freedom and personal choices,” drawing parallels to his reasons for supporting marijuana legalization. Schumer said earlier this week that he’s asking... Read more
A majority of American likely voters, including most Republicans under the age of 55, support legalizing marijuana “in all 50 states,” according to a new poll from a prominent GOP firm. The survey from the Tarrance Group found that 57 percent of respondents favor nationwide cannabis legalization, including 35... Read more
