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, Tilray... Read more
As we described in a previous article, the Global Cannabis Stock Index rallied for the third consecutive month, creating the first quarterly advance since 2021-Q1. That index is now down down 5.6% year-to-date, which has followed a record decline of 70.4% for 2022. In this article, we summarize the performance of the... Read more
Cannabis stocks , as measured by the Global Cannabis Stock Index, exploded higher on 8/30 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 they ended up rallying for the entire month of... Read more
Ukrainian immigrants looking for a better future are turning to opportunities in medical cannabis in multiple states. The Herald-Dispatch reports that a pair of Ukrainian immigrants are owners of a new dispensary opening up in Huntington, West Virginia. While one of the operators emigrated to the U.S. decades ago,... Read more
The House Rules Committee recently cleared two cannabis and psychedelic-related amendments on Sept. 23 to be discussed on the floor. Days later on Sept. 27, the House approved the two amendments—Amendment No. 48 and Amendment No. 137—to be included in H.R. 4365, or the Department of Defense Appropriations Act,... Read more
As of right now, the only reason to watch these losers jump through hoops on the debate stage at the Ronald Reagan Library was to see if any of them have found a way past the primary obstacle on their way to become the next president of the United... Read more
Cannabis companies doing legal business in their state are one step closer to potentially opening accounts with federally-insured banks after the latest version of the SAFER Banking Act (formerly SAFE banking) cleared the Senate Banking Committee Wednesday 14-9. The Secure and Fair Enforcement Regulation Banking Act will now move... Read more
An audit on the Massachusetts cannabis industry recently revealed that the Massachusetts Cannabis Control Commission (CCC) allowed millions in possibly unsafe cannabis products to be sold to consumers. The audit report was published on Sept. 26 by state auditor Diana DiZoglio, with the goal of finding if the CCC... Read more
A herd of sheep grazing near Almyros in the Thessaly region Greece invaded a medical cannabis greenhouse and ate at least a hundred kilograms of pot, local reports say. The incident was spurred by displaced livestock in Greece after Storm Daniel ripped through the Mediterranean country. NPR reports that... Read more
Aurora Cannabis Inc. Announces C$34 Million Bought Deal Financing Intends to Repay Remaining Convertible Debt Balance EDMONTON, AB, Sept. 28, 2023 /CNW/ – Aurora Cannabis Inc. (“Aurora” or the “Company”) (NASDAQ: ACB) (TSX: ACB), the Canadian company opening the world to cannabis, today announced that it has entered into... Read more
