Andrew Yang announced on May 27 that if elected to the office of mayor of New York City, he would personally push to invest in veterans and allow the use of psychedelic therapies for those suffering from disorders such as depression, suicide, homelessness and post-traumatic stress disorder (PTSD). Yang’s... Read more
The Global Cannabis Stock Index shook off a mid-month meltdown for the second straight month but still fell for the third consecutive month, declining 2.7% to 59.57: The index, which is down 4.8% quarter-to-date, had 46 qualifying members during the month following the quarterly rebalancing at the end of March and the... Read more
The Valens Company Closes Previously Announced Bought Deal Financing KELOWNA, BC, June 1, 2021 /CNW/ – The Valens Company Inc. (TSX: VLNS) (OTCQX: VLNCF) (the “Company,” “The Valens Company” or “Valens”), a leading manufacturer of cannabis products, is pleased to announce the closing of its previously announced bought deal... Read more
Aaron LoCascio and Nick Kovacevich Exclusive Interview with Founder and CEO of Greenlane Aaron LoCascio and Co-founder, Chairman and CEO of KushCo Holdings Nick Kovacevich KushCo Holdings (OTCQX: KSHB) and Greenlane (NASDAQ: GNLN) are set to merge, creating a leading player in the cannabis ancillary space. KushCo sells its... Read more
In the final days of Texas’s legislative session, lawmakers sent bills to the governor’s desk that would expand the state’s medical marijuana program and require a study into the therapeutic potential of certain psychedelics for military veterans. Meanwhile, legislation to reduce penalties for possessing cannabis concentrates and update the... Read more
In the final days of Texas’s legislative session, lawmakers sent bills to the governor’s desk that would expand the state’s medical marijuana program and require a study into the therapeutic potential of certain psychedelics for military veterans. Meanwhile, legislation to reduce penalties for possessing cannabis concentrates and update the... Read more
The American Cannabis Operator Index fell for the third straight month after having scored five straight monthly gains, declining 2.3% to 77.86: After gaining 45.7% in 2020, when it ended at 63.05, the index is up 23.5% in 2021 and has gained 157.8% over the past year: The index, which launched... Read more
Following up on our recent discussion of how cannabis investors have embraced publicly traded ancillary companies, New Cannabis Ventures launched its seventh proprietary index, the Ancillary Cannabis Index at the end of March. After declining 4.6% in April, the index fell another 2.5% in May to 93.02: The index includes companies that provide... Read more
