Virginia Governor Glenn Youngkin on Thursday vetoed a bill to legalize recreational marijuana sales, saying that regulated sales of cannabis would be a danger to health and safety. Virginia legalized the possession of small amounts of weed three years ago, but consumers remain without a legal way to purchase... Read more
In a recent campaign stop in California, President Joe Biden said that people in other countries are paying 40-60% less than what Americans are paying for prescription drugs. A fact-checker recently approved his claim, affirming that Americans are indeed paying double for prescription drugs compared to prices in other... Read more
Vermont is the latest state looking to further examine and embrace the potential of psychedelics, as the state Senate recently passed a measure to establish a working group to research psychedelics and confirm whether, and to what extent, they may be used in therapeutic settings. Senators approved the legislation,... Read more
North Carolina-based Eastern Band of Cherokee Indians (EBCI) will officially be opening its cannabis dispensary on tribal land, effective as of April 20. This will also mark the opening of North Carolina’s first dispensary, since state legislators have not legalized medical cannabis. The EBCI tribe lies on 57,000 acres,... Read more
In 2023, an artist and his patron set out on a seemingly impossible task: illustrate the vast history of cannabis in a single art piece. Inspired by the Tapisserie de Bayeux—an ancient chronological tapestry depicting a two-year invasion of England by the Normans—Stefan van Swieten commissioned his friend Mossy... Read more
AUXLY ANNOUNCES COMPLETION OF CONVERSION OF OVER $123 MILLION OF PRINCIPAL AND INTEREST UNDER IMPERIAL DEBENTURE Imperial Brands plc converts over $123 million in total debt to shares resulting in 19.8% ownership TORONTO, April 1, 2024 /PRNewswire/ – Auxly Cannabis Group Inc. (TSX: XLY) (OTCQB: CBWTF) (“Auxly” or the... 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. We post this and all... Read more
A new technique has arrived that measures the potency of psilocybin and psilocin, great news for those medicated by mushrooms. Credit goes to teams at the University of Texas at Arlington, Scottsdale Research Institute in Phoenix, Shimadzu Scientific Instruments in Maryland, and Millipore-Sigma in Round Rock, Texas. They comprise... Read more
Senator Mitt Romney of Utah and two of his Republican colleagues have sent a letter to the Drug Enforcement Administration, urging the law enforcement agency to decline a bid to reschedule marijuana under federal drug laws. Cannabis is currently listed under Schedule I of the federal Controlled Substances Act... Read more
Thinking back just 10 years ago, the previous U.S. cannabis landscape stood in stark contrast to the one we enjoy today. The United States currently has 38 states with legal medical or recreational cannabis, with 74% of Americans living in a legal cannabis state and 79% living in a... Read more
