Mixing Cannabis and Psychedelics Business

Many cannabis companies are thinking about creative ways to pivot into the developing psychedelics market. One of the questions I hear most frequently hear is whether this is a good idea. It’s one thing for companies to leave cannabis altogether and go full tilt into the psychedelics space. But mixing cannabis and psychedelics into one

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A hemp farm in the United Kingdom is being honored as a sanctuary for refugees for its program to help immigrants seeking a better life. Hempen, a co-operative community focused on the benefits of hemp, was recognized as a Garden of Sanctuary by City of Sanctuary, a group working... Read more
Calling it “another step in the wrong direction,” Wisconsin Governor Tony Evers last week vetoed legislation that would have created new, stiff penalties for certain cannabis convictions.  The first-term Democrat vetoed a Republican-supported bill on Friday that would have established harsher and separate penalties for manufacturing and distributing cannabis... Read more
Cali Vibes, quickly becoming known as one of the largest reggae-focused events in America, allowed cannabis consumption on-site over the past weekend—one of the latest large events to do so, with an estimated 75,000 in attendance. Presented by Goldenvoice, AEG and sponsor Weedmaps, Cali Vibes features the top names... Read more
Scientists continue to grapple with the question: Does cannabis actually make people lazy in the long run? ”Cannabis amotivational syndrome” is a hypothesis bubbling around for years that suggests regular cannabis use can lead to apathy, or more specifically, less engagement in goal-directed behavior.  Runner and author Josiah Hesse... Read more
Cybin Announces Grant of U.S. Patent Covering its Proprietary Compound CYB004 (Deuterated DMT) for the Treatment of Anxiety Disorders

Cybin announces receiving a composition of matter patent for its DMT-derived compound, CYB004 from the the USPTO.

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New states, new markets: financial modeling for MSOs
Becoming a multi-state operator (MSO) in the cannabis industry requires planning and adapting to regional nuances unlike almost any other business. Financial modeling is a crucial step to understanding what lies ahead, and operators have myriad state-specific factors to consider when projecting their balance sheet. With cannabis still illegal... Read more
Colorado employers would no longer be able to fire their workers for using cannabis if a new bill passes
Colorado employers would be prohibited from denying employment to or firing workers because of their off-the-clock cannabis use – either medical or recreational – under a measure introduced last week at the statehouse. House Bill 1152 would also require employers to let their workers consume medical marijuana while on the... Read more
Hundreds of medical marijuana vape products not approved for inhalation recalled from Pa. dispensaries
Hundreds of vape cartridges sold at medical marijuana dispensaries in Pennsylvania have been recalled because they contain ingredients that weren’t approved for inhalation, state health officials said. The Pennsylvania Department of Health on Friday released a list of more than 500 vaporized marijuana products with some “added ingredients” that... Read more
Those hoping to get an early start as players in New York’s forthcoming adult-use cannabis market may have shot themselves in the foot for future licenses.  The state’s Office of Cannabis Management (OCM) sent out letters Tuesday ordering businesses suspected of illegally selling or gifting cannabis to cease and... Read more
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