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
Rhode Island lawmakers introduced a new bill to legalize marijuana on Friday, with just weeks left to go in the 2021 legislative session. Two sources familiar with the situation told Marijuana Moment that because time is running out, lawmakers are likely to reconvene in September to tackle the legislation,... Read more
Is marijuana legalization about to go federal? Congressional leaders took the massive and potentially historic first step on Friday, when they introduced the Marijuana Opportunity, Reinvestment, and Expungement Act of 2021, or “The MORE Act of 2021”. The stated purpose of the MORE Act of 2021: “To decriminalize and... Read more
Police in the U.K. just investigated what they thought was the possible site for a cannabis farm, and in the process, made a surprising discovery—an illegal bitcoin mine. For those not aware, a bitcoin mine is a data hub that pushes sometimes-illicit bitcoin transactions through. This bitcoin mine was... Read more
