Cannabis Operators Outperform Ancillary Companies in August
FeaturedTrending Stories September 1, 2022 0
As we described in an earlier article, the Global Cannabis Stock Index fell very slightly in August after a larger gain in July. The index pulled back 1.3% after rallying 4.3% in June. It is still down 53.7% in 2022. In this exclusive article we will summarize the performance of the... Read more
Oklahoma Supreme Court To Consider Whether Legalization Initiative Will Qualify For Ballot
FeaturedOklahomaTrending Stories August 31, 2022 0
The Oklahoma Supreme Court on Tuesday agreed to settle a dispute surrounding a recreational cannabis initiative that could appear on the state’s ballot this year, giving hope to activists that the proposal may still qualify. Last week, the prospects for the initiative appeared grim. Although the Oklahoma secretary of... Read more
Olympian Joseph Schooling Apologizes for Smoking Weed Amid Backlash
FeaturedTrending Stories August 31, 2022 0
Olympic gold medalist and swimmer Joseph Schooling, 27, apologized after facing backlash from his native Singapore for smoking weed while in Vietnam. Singapore’s drug laws are among the strictest in the world, and the stigma there is strong. Schooling was in Hanoi, Vietnam, where he won two gold medals,... Read more
California Lawmakers Pass Bill Protecting Workers’ Off-Duty Cannabis Use
CaliforniaFeaturedTrending Stories August 31, 2022 0
California lawmakers on Tuesday gave final approval to a bill to protect employees who use marijuana off the job. If approved by the governor, the legislation would make California the seventh state in the nation to pass employment protections for workers’ off-duty cannabis use. The measure, Assembly Bill 2188... Read more
Body and Mind Continues to Grow Its Cannabis Operations
ArkansasCaliforniaFeaturedIllinoisMichiganNevadaOhioTrending Stories August 31, 2022 0
Exclusive Interview with Body and Mind CEO Michael Mills and COO Trip Hoffman Multi-state operator Body and Mind (CSE: BAMM) (OTCQB: BMMJ) has built its business in limited license markets with a focus on quality products at a reasonable price. It continues to maintain that differentiation as it goes... Read more
Global Cannabis Stock Index Pulls Back Slightly in August
FeaturedTrending Stories August 31, 2022 0
The Global Cannabis Stock Index posted a gain for the first time in 17 months, rising 4.3% in July. In August, it retreated slightly, falling 1.3% to 15.20. After a 26% decline in 2021, the index, which posted an all-time closing low on August 23rd at 14.36 and 26 names, is down... Read more
Psychedelic Advocate Facing Charges Calls for Help, Law Reform in New York
FeaturedNew YorkTrending Stories August 30, 2022 0
Friday, June 10, psychedelic advocate Aaron Genuth was arrested in Ulster County by New York State Police officers. He is facing serious charges for allegedly possessing several psychedelics including LSD, MDMA, ketamine, and psilocybin. Genuth is calling upon the psychedelic community for help. Genuth’s vehicle was impounded, and beyond... Read more
President Joseph Biden last week announced a long-awaited plan to forgive student loan debt, saying the move will provide needed relief and narrow the racial wealth gap. But vestiges of the failed War on Drugs are likely to block the aid from many people who need it most, the... Read more
More Americans are smoking marijuana than cigarettes, according to a new survey, marking a milestone shift in consumer habits in the United States. The data, compiled as part of Gallup’s annual “Consumption Survey” and released last week, showed that only 11% of Americans reported themselves as cigarette smokers––a new... Read more
California Department of Cannabis Announces Seizure of $1 Billion in Illegal Pot This Past Year
CaliforniaFeaturedTrending Stories August 30, 2022 0
The DCC announced on Aug. 25 that it has officially seized more than $1 billion worth of illegal cannabis. The department attributes this milestone to recent raids conducted in Los Angeles and Riverside County within the past year. “This important milestone was reached through close collaboration with local, state,... Read more