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. We post this and all... Read more
A congressional committee met on Thursday to take up a series of bills, including two GOP-led veterans-focused measures concerning medical marijuana and psychedelics. The U.S. Department of Veterans Affairs (VA) is supporting the cannabis legislation if it undergoes “extensive amendments,” and it opposes the psychedelics measure, describing it as... Read more
Ongoing federal marijuana prohibition has created a “real problem” for banks amid the growing state legalization movement, a top Biden administration official says, adding that it would be “desirable” for Congress to pass reform legislation to address the issue. At a House Appropriations Financial Services And General Government Subcommittee... Read more
A new report reveals the cities in Europe with the highest concentrations of cannabis and cocaine use, based on sewage surveys. Perhaps unsurprisingly, Dutch cities including Amsterdam and Rotterdam took home some of the top spots for the cities with the highest concentrations of cocaine and cannabis use, respectively,... Read more
The median reported potency of regulated weed in California has been steadily dropping over the past six months, according to a report from Bay Area news source SFGate. The drop in potency, which includes a decline of 7% in just the past three months, coincides with the recent implementation... Read more
Bliss + Lex is a Black woman-owned cannabis dispensary in Manhattan and its team says it’s the first dispensary of its kind to do so in a March 20 announcement. Licensed adult-use cannabis businesses are beginning to appear in New York City as they compete with unlicensed businesses. “This... Read more
A new study suggests that the use of full-spectrum psychedelic mushroom extract has a more powerful effect than chemically synthesized psilocybin alone, which could have implications for psychedelic-assisted therapy. The findings imply that the experience of entheogenic mushrooms may involve a so-called “entourage effect” similar to what’s observed with... Read more
A Democratic congressman laid into a top Biden administration official on Wednesday over the “political malpractice” that is the president’s failure to end marijuana prohibition. The top federal health official promised to deliver that message to the White House, but also deferred responsibility for delays in an ongoing review... Read more
Germany may avoid a scenario where marijuana legalization is delayed as advocates have worried in recent weeks, with top cabinets official pledging to make certain changes to the legislation passed by parliament in hopes of averting a mediation committee referral. While the Bundestag passed the cannabis legalization bill last... Read more