Iowa Cannabidiol Board reports that by the end of December 2022, the state had collected $10.2 million in sales through five dispensaries. In August alone, the state had hit the $1 million mark in a single month for the first time and kept the pattern going throughout the rest... Read more
Lawmakers in the U.S. Virgin Islands last week passed legislation to legalize recreational marijuana, bringing the number of states and territories in the country that have legalized the use of cannabis by adults to 21. The legislation was passed in the U.S. Virgin Islands Senate on December 30 by... Read more
Kentucky Gov. Andy Beshear recently held a press briefing detailing many of his successful actions from the past year. Among these accomplishments for his administration, Beshear discussed his move to help patients who want to use medical cannabis. “After the General Assembly failed to take action once again, I... Read more
Sales of adult-use cannabis in New Jersey for the third quarter of 2022 topped $100 million, according to recently released data from state officials. The New Jersey Cannabis Regulatory Commission reported that sales of recreational marijuana from June 2022 through September 2022 totaled $116,572,533, representing a jump of 46%... Read more
Italy is turning to its military to help make its legal medical marijuana program self-sufficient. DefenseNews reports that the Italian army intends to produce “700 kilograms (1,543 pounds) of top-grade cannabis to cover nearly half of the 1,500 kilograms (3,307 pounds) required annually in the country for those in... Read more
Not only is CBD legal in France, but hemp flower as well, if the latest court ruling in the country stands. French outlet RFI reports that On 30 December 2021, the French government legalized the sale of hemp-derived products containing CBD with 0.3 percent THC or less, after the... Read more
As we described in a previous article, the Global Cannabis Stock Index melted down in December after a two-month rally. The index fell 29.0% and ended 2022 down a record decline of 70.4% for the year. In this exclusive article we will summarize the performance of the other managed indices that New... Read more
The Oregon Health Authority (OHA) approved its final rules for the Oregon Psilocybin Services Act on Dec. 27. The Act was originally created through the passing of Ballot Measure 109 in November 2020, which was later codified into law as ORS 475A. The OHA’s final rules were created through... 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, We... 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, A... Read more
