Police seized nearly five tons of methamphetamine in Fiji, equivalent to more than $2 billion in Fijian dollars (approximately $886.2 million USD). The first Jan. 14 raid resulted in seizure of more than three tons of meth at a warehouse on the western side of Fiji’s main island near... Read more
South Dakota members of the Senate Health and Human Services Committee, with a vote of 5-2, decided last Wednesday to postpone any additional proceedings regarding legislation (SB 82), which aims to limit the medical cannabis access to a sweeping number of patients, NORML reports. The proposed bill aimed to... Read more
Sen. Kirsten Gillibrand wants to send the Biden administration a message: End prohibition of cannabis, once and for all, by fully descheduling it rather than simply rescheduling it to a slightly less restrictive category. The time is right for real change. On Sunday, the senator called for Attorney General... Read more
High Tide Releases Audited 2023 Financial Results Featuring Record Fourth Quarter Revenue of $127.1 Million, Record Adjusted EBITDA of $8.4 Million and Record Free Cash Flow of $5.7 Million, Respectively The Company increased its positive free cash flow run rate from $4.1 million in the third fiscal quarter of... Read more
New York State cannabis regulators are set to vote on proposed rules to govern home marijuana cultivation. If the draft regulations are approved, New Yorkers will be permitted to grow up to 12 cannabis plants at home, subject to some conditions and limitations. The New York Cannabis Control Board... Read more
A lengthy new report from the Department of Defense found that during Trump’s administration, the White House Medical Unit was mishandling dangerous prescription drugs. The 80-page document released on January 8 detailed inappropriate mishandling of pharmaceuticals and their respective prescribing practices. The investigation into this matter began in 2018... Read more
Native American and preservationist advocates are sounding the alarm about an imminent “peyote crisis.” The crisis started decades ago, but recently has been amplified by pharmaceutical interests in mescaline, the psychoactive compound the cactus is known for. The mescaline-rich spineless cactus, Lophophora williamsii, has been used in sacred rituals... 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, After a bear market... Read more
A federal judge has dismissed a lawsuit filed by a Mississippi medical marijuana dispensary owner challenging the state’s ban on cannabis advertising. In the legal action, Clarence Cocroft II, the owner of Tru Source Medical Cannabis, argued that Mississippi’s regulations prohibiting cannabis advertising in any media amounted to unconstitutional... Read more
The Delaware state House legislature passed a bill on Tuesday that would allow people to have their bodies composted rather than buried or cremated. According to the Associated Press, the practice known as “natural organic reduction” was passed by a vote of 37-2 and now goes to Governor John... Read more
