From the deeply depressed year-end 2022 close of 9.71, the Global Cannabis Stock Index rose 10.1% in January to 10.69. The index fell 23.7% in Q3 and 13.8% in Q4, ending 2022 down 70.4%: Since the peak in February 2021, the Global Cannabis Stock Index has dropped 88.4% from the 92.48... Read more
A Republican lawmaker in Indiana is putting his weight behind a pair of bills that would bring legal marijuana to the Hoosier State. GOP state Sen. Jon Ford “recently signed on to support two bills this legislative session related to cannabis and its possible future use in the state,”... Read more
Virginia Sen. Ghazala Hashmi’s bill, Senate Bill 932, recently passed in the Senate Education and Health Subcommittee on Jan. 25. Hashmi spoke to the subcommittee about what the bill offers, including how many psilocybin bills are being introduced across the country, and the importance of allowing psilocybin for patients.... Read more
The cannabis industry in the Caribbean mirrors the danger of the U.S. cash-only industry and the lure for criminals given the large amounts of cannabis and cash. In the town of Vermont (not to be confused with the U.S. state) on the island country of St. Vincent and the... Read more
“Do not go there!” Valentina, a 27-year-old designer living in Medellín, yelled when I told her that I planned on visiting the Casa Museo Pablo Escobar, a museum dedicated to the Colombian drug lord. A quick Google search made me change my mind. The entrance fee to the museum... Read more
A few Mississippi dispensaries were ready to open to customers on Jan. 25. Mississippi Trade Association Executive Director Melvin C. Robinson stood outside one of the state’s licensed dispensaries, The Cannabis Company, to welcome customers. “It’s a very exciting day today. History has been made in Brookhaven,” Robinson said.... Read more
In a starkly different approach from the U.S. and many other places around the world, Hong Kong moved to ban CBD and categorize it as a dangerous drug last October, and the ban begins on Wednesday. Time reports that beginning on Wednesday, harsh penalties and huge fines—typically associated with... Read more
History was made in Greece with the country inaugurating its first ever medical cannabis plant last Thursday. According to the Greek Reporter, the plant, which opened in the city of Corinth, is backed by an investment from Tikun Europe, a subsidiary of Israel-based medical cannabis company Tikun Olam. Adonis... Read more
A lawmaker in Ohio has introduced a bill that would help marijuana users in the state avoid a costly impaired driving charge. News 5 Cleveland reports that the legislation, introduced by a Republican state senator, “would change the standards of the Operating a Vehicle Under the Influence (OVI) law,”... Read more
You’re reading a copy of 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, This... Read more
