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. We post this and all... Read more
The Louisiana House Health and Welfare Committee recently passed House Bill 707 in a unanimous vote to propose a regulatory framework for the state’s cannabis legalization. The measure, which prefiled in March, doesn’t directly legalize adult-use cannabis but it does start the process of building a foundation for reform.... Read more
An Arizona church has reached a settlement in a lawsuit against the U.S. Drug Enforcement Administration and other federal agencies that allows the Indigenous religious organization to use the psychedelic brew ayahuasca for sacramental purposes. Under the agreement, the Church of the Eagle and the Condor (CEC) will be... Read more
In an announcement last week, Governor Kathy Hochul announced that the state of New York reached a significant milestone: the grand opening of the state’s 100th Conditional Adult-Use Retail Dispensary (CAURD) brick-and-mortar store. Big Gas is located in the village of New Paltz, located near Poughkeepsie. The Office of... Read more
Employees at one of the country’s largest cannabis companies have reportedly fled their union amid a dispute over wages and dues. The outlet MJBizDaily reports that workers at one of Cresco Labs’ cannabis cultivation facilities in Massachusetts “voted to de-unionize earlier this month,” which it said was “believed to... Read more
A Maine man was arrested and held without bail last week for allegedly operating an unlicensed cannabis operation in a rural area about 60 miles north of Bangor, according to law enforcement officials and court records. Police seized 40 pounds of processed marijuana from a house in Passadumkeag, Maine... Read more
Although the official city-sanctioned 4/20 celebration on Hippie Hill in San Francisco was canceled this year, it still attracted thousands of people to gather on the holiday. According to a report from SFGate, whose representatives spoke with some of the attendees, the cancellation didn’t hinder anyone’s plans. Jessica Leung... Read more
Illinois Governor J.B. Pritzker took to the campaign trail over the weekend to stump for President Joseph Biden, taking advantage of the 420 weed high holiday as an opportunity to tout the cannabis policy reforms made by the current administration. At a campaign stop in Grand Rapids, Michigan on... Read more
There’s another attack on the First Amendment for you to worry about, especially if you live in Colorado. The Centennial State’s Senate approved an epically terrifying social media bill that could require social media platforms to prohibit users from saying anything deemed positive about controlled substances online, including psychedelics... Read more
Entertainment hosts in Las Vegas are noticing a significant decrease in Gen Z (those born between 1997-2012) drinking alcohol. Paired with an overall increase in cannabis use by younger consumers, this shift could lead to great success for consumption lounges. Las Vegas-based promoter of Pulsar Presents, Patrick Trout, has... Read more
