Oregon officials finalized a series of analyses this week on separate ballot measures to legalize psilocybin mushrooms for therapeutic use and decriminalize drugs while investing in substance misuse treatment. The Oregon Criminal Justice Commission determined that the decriminalization initiative would reduce felony and misdemeanor convictions for drug possession by... Read more
State ag depts.: extend hemp program; Senator talks marijuana on floor; OR officials analyze drug decrim & psilocybin measures; USDA OKs hemp plans Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know which cannabis stories are shaping the... Read more
Oregon officials finalized a series of analyses this week on separate ballot measures to legalize psilocybin mushrooms for therapeutic use and decriminalize drugs while investing in substance misuse treatment. The Oregon Criminal Justice Commission determined that the decriminalization initiative would reduce felony and misdemeanor convictions for drug possession by... Read more
Aphria Inc: This $4.58 Pot Stock Is One of the Best on the Market
Aphria Stock Could Deliver Big Returns If you are a pot stock investor, you might have mixed feelings at the moment. The outlook for the industry is undoubtedly bright, but shares are often volatile. It doesn’t help that the market is very turbulent at the moment. Therefore, instead of chasing... Read more
IIPR Stock: Cannabis REIT Up 186% Since March, Gains on Solid Q2 Results
Innovative Industrial Properties Still One of the Top Pot Stocks Innovative Industrial Properties Inc (NYSE:IIPR) is one of the most reliable pot stocks out there. And by all accounts, it will continue to be. A marijuana real estate investment trust (REIT), IIPR stock has advanced 46.5% in 2020 and... Read more
Paysign Inc: Perfect Time to Make a Double, Fundamentals Surging
Paysign Stock Too Cheap to Ignore After the massive 63% rally from the March lows, it’s difficult to find any technology stock that may have been overlooked, but I may have found one. Paysign Inc (NASDAQ:PAYS), a provider of payment solutions services, prepaid debit cards, rewards programs,and customizable payment... Read more
Hemp insiders brace for FDA’s CBD enforcement policy
Hemp and CBD leaders told Hemp Industry Daily what they hope to see in the FDA’s Enforcement Policy draft guidance, when the industry will likely get to see that document and what will happen to the industry if FDA regulatory guidance on CBD doesn’t come soon. (Click on the... Read more
Colombia’s Khiron inks Hong Kong distribution deal for CBD skincare line
Khiron Life Sciences, a vertically intergrated Colombian cannabis company, has signed a deal to sell its CBD skincare products in the Hong Kong region later this year. Khiron signed the distribution agreement for its Kuida CBD skincare line with DNO Group, an Asia-Pacific distributor with a network of more... Read more
USDA approves hemp plans for Maryland and Lower Sioux tribe
Federal agriculture officials have approved hemp production plans last week for one additional state and one American Indian Tribe. The U.S. Department of Agriculture gave the green light to plans from the state of Maryland and the Lower Sioux Indian Community in Minnesota. The two new approved plans bring... Read more
Canopy Growth Reports First Quarter Fiscal 2021 Financial Results Transformation strategy gains traction Net Revenue of $110 million increases 22% over Q1 FY20 Net Loss of $128 million; Adjusted EBITDA loss of $92 million narrows versus Q1 FY20 Established leadership position in growing cannabis-infused beverage segment; shipping +1.2mm cans... Read more
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