New York’s cannabis regulatory agency on Monday announced that it has reached a settlement in two lawsuits that have been blocking the opening of retail weed dispensaries for months. The settlement sets the stage for more than 400 Conditional Adult-Use Retail Dispensary (CAURD) licensees to finally open their businesses... Read more
Ecuador’s newly-elected president has re-outlawed drug possession just a few days after taking power as part of a campaign promise to crack down on narcotics trafficking. President Daniel Noboa announced Thursday, less than two days after taking office, that he would be changing the nation’s drug laws to once... Read more
The Minnesota Office of Traffic Safety (OTS) announced its pilot project to launch a cannabis saliva test for determining impairment in drivers. According to OTS Director Mike Hanson, the test is being designed to determine recent impairment. “We’re not looking to find somebody who used 10 days or 14... Read more
Hemp farmers in several states are being told by the U.S. Department of Agriculture that they can grow cannabis or hemp but not both, according to a report from Politico. Thousands of farmers from coast to coast saw the 2018 Farm Bill’s legalization of hemp agriculture as a new... Read more
The legislation, co-sponsored by Republican and Democratic lawmakers, would create “a new separate nonlapsible trust fund designated as the medicinal psilocybin treatment fund and establishes a pilot program to study the effects of medicinal psilocybin treatment on patients with post-traumatic stress syndrome (PTSD),” according to a summary of the... Read more
A Vermont cannabis farmer has attracted some unwanted attention from his community and neighbors due to some unconventional employees on his cannabis farm: 30 ducks of all shapes, sizes and breeds. Jason Struthers of Essex Junction, Vermont grows 100 licensed cannabis plants at his property. He uses duck manure... Read more
St. Louis city officials announced this week that a failure to meet a state deadline has resulted in a delay in the start of a new cannabis sales tax that will cost the city an estimated $500,000 in lost revenue. St. Louis voters approved the 3% cannabis sales tax... Read more
A recent report by CBS News highlighted this trend, noting that as “ many veterans with PTSD remain desperate for healing, a growing number are turning to psychedelic-assisted treatment in Mexico — using substances the government they fought for says are illegal.” “As I watched more of my teammates…more... 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, Five... Read more
