The New Jersey Economic Development Authority (NJEDA), an agency responsible for providing financial assistance to New Jersey-based businesses, recently announced that it will now be accepting applications for Phase II of its cannabis equity seed grant program. This phase includes a total of $8 million that will be split... Read more
Oregon cannabis producers grew too much weed again this year, according to a new report, continuing the glut of marijuana that has plagued the state’s regulated pot industry for years. For much of this year, analysis of Oregon’s production of cannabis showed that the state was on a downward... Read more
A man in Minnesota is providing free growing and cannabis basics workshops—free to the public—to help people get a foot in the door of the industry. Minnesota allows home cultivation under its recently approved adult-use cannabis law, and residents are eager to see if they have a green thumb.... 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, This... Read more
The Germany’s coalition government called the Traffic Light coalition, which combines individuals from the Social Democratic Party, Free Democratic Party, and The Greens, reportedly reached an agreement for cannabis regulation on Nov. 27. These recent discussions estimate that cannabis legalization could take effect starting on April 1, 2024, with... Read more
After analyzing available survey data, researchers at the University of Michigan said that 12.1% of adults in the United States aged 50-80 reported using cannabis in the past year. “Among those who reported cannabis use, 34.2% reported using cannabis products 4 or more days per week,” the researchers said.... Read more
Researchers at the oldest college in Utah are opening a medical cannabis research center and seeking for a DEA-approved grow site in order to overcome some of the regulatory hurdles. On Nov. 21, the University of Utah announced the launch of the new center and its initiative. University of... Read more
As we described in a previous article, the Global Cannabis Stock Index rebounded 8.1% in November after a huge October loss. That index is now down 20.1% year-to-date, which has followed a record decline of 70.4% for 2022. In this article, we summarize the performance of the other managed indices that New Cannabis... 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
It’s not uncommon for residents of states yet to enact cannabis laws to travel and obtain their weed through out-of-state dispensaries. However, one Southern state appears to be experiencing this issue when it comes to medical cannabis, even though it’s had legal, operational medical dispensaries since 2020. A new... Read more
