A man who stormed the U.S. Capitol building on Jan. 6, 2021, and smoked weed on top of broken furniture in Sen. Jeffrey Merkley’s (D-Oregon) office was sentenced to 3.5 years in prison on Thursday. The Department of Justice (DOJ) issued a press release on Leap Day, Feb. 29,... Read more
Two male Humpback whales were recently recorded having a homosexual encounter in the wild off the coast of Maui. According to a new study by the Pacific Whale Foundation published in Marine Mammal Science, humpback whales have been studied extensively but documented instances of reproductive actions have been exceedingly... Read more
New York Governor Kathy Hochul on Wednesday called on social media companies and popular websites including Google and Yelp to stop running listings for unlicensed cannabis retailers. At a press conference, the governor appeared with licensed dispensary owners, who face stiff competition from the multitude of unlicensed weed retailers... Read more
Due to a shortage in stimulant-based drugs for ADHD (attention-deficit/hyperactivity disorder), the U.K.’s limited medical cannabis industry is seeing a spike in patients using cannabis for relief as an alternative. The exodus of patients resorting to medical cannabis shows its growing need. The Guardian reported last September that doctors in... Read more
Verano Announces Fourth Quarter and Full Year 2023 Financial Results Record Revenue of $938 Million Increased 2023 Net Cash Provided by Operating Activities by 16% to $110 Million Generated $73 million in Free Cash Flow1 for 2023, Meeting Guidance CHICAGO, Feb. 29, 2024 (GLOBE NEWSWIRE) — Verano Holdings Corp.... Read more
As we described in a previous article, the Global Cannabis Stock Index extended the bounce from November after the huge October loss, rallying 8.1% in December. That index was down 20.1% in 2023, which followed a record decline of 70.4% for 2022. In January, it rallied again, rising 12.2%, but it fell 6.0% in... 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. Friends, Two weeks ago, we... Read more
Cannabis stocks, as measured by the Global Cannabis Stock Index, exploded higher in late August on news that the Department of Health and Human Services had recommended to the DEA that it move cannabis from Schedule 1 to Schedule 3, and the move continued into September. October wiped out the... Read more
A Republican-backed proposal in Florida to impose limits on THC potency in marijuana appears to have flamed out in the state’s legislative session. GOP lawmakers there introduced two measures –– House Bill 1269 and Senate Bill 7050 –– that would “sought to preemptively ban adults’ access to cannabis flower products containing... Read more
California was the first state to legalize medical cannabis back in 1996, 20 years later ushering in adult-use legislation. Now, the Golden State has the single largest cannabis market in the world. As cannabis has gradually become more ingrained into the fabric of the state, and the country as... Read more
