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, Ahead... Read more
The Central Intelligence Agency recently said in a podcast episode that a CIA-backed coup in Iran during the 1950’s was “undemocratic,” a first for the agency. According to an article by the Associated Press, the 1953 Iranian military coup that removed Prime Minister Mohammad Mosaddegh from power gave control... Read more
The GOP’s nominee to replace Rep. Kevin McCarthy (R-California) as Speaker of the House—one of the most powerful positions in the U.S. government—has opposed nearly every cannabis bill he’s encountered during the past 15 years in office. Scalise dropped out of the House speaker race Thursday evening. In a... Read more
Wyoming advocates are more motivated than ever to get a medical cannabis bill on the 2024 ballot, especially because of miscommunication in required signature counts from the Secretary of State’s office. Advocates reported that inaccurate information was provided by the Secretary of State Chuck Gray’s office regarding how many... Read more
A convicted fentanyl dealer and member of a New York City drug ring blamed for the overdose death of actor Michael K Williams has been sentenced to five years in federal prison. According to an article by the Associated Press, Luis Cruz was one member of a four-man team... Read more
A recent paper published in the European Journal for Chemistry explores the historical use of cannabis and its versatility. Entitled “From ancient Asian relics to contemporaneity: A review of historical and chemical aspects of Cannabis,” researchers Gabriel Vitor de Lima Marques and Renata Barbosa de Oliveira from the Brazil-based... Read more
Last Prisoner Project highlighted some startling realities despite recent promises and movement at the federal level to loosen laws around the prohibition of cannabis. One year after President Joe Biden pledged to expunge certain low-level cannabis convictions, Last Prisoner Project released its State of Cannabis Justice Report last week.... Read more
Cannabis is flying off shelves in Connecticut, according to state data, and adult-use cannabis transactions accounted for over half of the money coming in. Adult-use sales began on Jan. 10 and sales revenue has increased every month since the market launched. The Department of Consumer Protection (DCP) announced in... Read more
California Governor Gavin Newsom last week vetoed a bill that would have allowed cannabis cafes to offer weed, food and beverages to patrons at licensed establishments reminiscent of the famed coffee shops in Amsterdam. The measure, Assembly Bill 374 (AB 374), was passed by the California legislature last month... Read more
A report published by the U.S. Census Bureau recently shows the progress of cannabis tax revenue numbers for each state. It’s the first report of its kind from the bureau and begins with the Q3 2021. “The Quarterly Summary of State and Local Government Tax Revenue provides quarterly estimates... Read more
