The University of California, Berkeley (UCB) recently published a scientific brief in February regarding illegal water use for cannabis plants. Entitled “Water Use: Cannabis in Context,” the brief was conducted by individuals at the Berkeley Cannabis Research Center, which is part of the College of Environmental Science Policy &... Read more
The DEA has rescinded a 2023 directive which previously ordered a pharmaceutical company to shutter operations after they were found to have helped perpetuate the nationwide opioid crisis. Morris & Dickson, a multi-billion dollar Big Pharma giant which has been in business since 1841 will be permitted to continue... Read more
An Iowa legislative panel this week approved a bill that sets limits on consumable hemp products sold in the state. The measure, House Study Bill 665, was approved on Wednesday by the House Public Safety Subcommittee by a vote of 2-0. The bill, which was submitted to the state... Read more
Tuesday, Sen. Bernie Sanders (I-Vermont) issued a report slamming the U.S. prices of drugs and executive pay of three major drug manufacturers—Johnson & Johnson (J&J), Merck, and Bristol Myers Squibb—just before a Feb. 8 hearing. Thursday the CEO’s of all three drug manufacturers had to appear before a hearing... Read more
Canopy Growth Reports Third Quarter Fiscal Year 2024 Financial Results; Achieves Third Quarter of Sequential Revenue Growth across Canada Cannabis Businesses and a Record Quarter for Medical Sales Canada adult-use cannabis business-to-business net revenue up 9% year-over-year; Canada medical cannabis net revenue up 11% year-over-year Focused execution drove sustained... 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, Canopy Growth reported its... Read more
Seventeen percent of Americans aged 18 and older reported smoking pot in 2023. That is largely unchanged from Gallup’s most recent findings on the matter. In 2022, 16% of American adults said they smoke marijuana. But the 17% figure represents a marked increase since 2013, when Gallup first added... Read more
A strange new type of star referred to by scientists as an “old smoker” has been discovered after a years-long astronomical study. According to four different studies recently published in Monthly Notices of the Royal Astronomical Society, these recently discovered stellar objects are essentially really large and very old... Read more
This year is shaping up to potentially be one of the most historic when it comes to cannabis, as U.S. advocates and consumers alike await the final decision from the Drug Enforcement Administration (DEA) on whether it will reschedule cannabis from a Schedule I to Schedule III controlled substance.... Read more
Pennsylvania Governor Josh Shapiro this week called on state lawmakers to legalize and regulate recreational marijuana, saying “It’s time to catch up” with neighboring states that have already taken the step. The governor made his plea on Tuesday during an annual budget address to unveil a $48.3 billion spending... Read more
