In one of Europe’s most intolerant countries when it comes to drug laws, a massive drug operation was dismantled Thursday. It’s the latest move in a series of efforts to curb drug traffic and organized crime in the country. Swedish police say that on December 1, forces seized around... Read more
Licensed sales of adult-use cannabis began in Rhode Island on Thursday, only six months after Governor Dan McKee signed legislation to legalize recreational marijuana for adults aged 21 and older. Five stores began selling adult-use cannabis on December 1, with more licensed retailers expected to begin business operations in... Read more
State officials in Nevada have announced the final 20 applicants who will receive licenses authorizing them to run cannabis consumption lounges. The Nevada Cannabis Compliance Board conducted a digital drawing on Wednesday “via a random number selector to determine the issuance of independent cannabis consumption lounge licenses for non-social... Read more
Mississippi’s fledgling medical cannabis program is slowly but surely coming together, with state officials targeting early next year for the opening of the first dispensaries. Local news station WLBT reports that “900 Mississippians have already applied and been certified for their medical marijuana cards,” and that there is hope... Read more
New York officials deployed researchers to sample products from illegal bodegas and pop-up dispensaries selling cannabis on the street, and tested them for harmful contaminants. If it’s safe, clean flower that you want—the findings were dismal at best. According to a report led by the New York Medical Cannabis... Read more
The Minnesota Department of Health announced on Wednesday that the agency will add irritable bowel syndrome and obsessive-compulsive disorder to the list of qualifying medical conditions for participation in the state’s medical cannabis program. Under state law, the addition of the new qualifying conditions will become effective beginning on... Read more
Officials in Virginia are exploring ways to deter drivers from getting behind the wheel after getting stoned, the latest effort by the commonwealth to smooth out its new adult-use cannabis law. The Virginian-Pilot reports that the “the Virginia Crime Commission — an arm of the General Assembly tasked with... Read more
As we described in a previous article, the Global Cannabis Stock Index added to its 17.1% rally in October during November, increasing 3.7%. The index is still down 58.4% in 2022. In this exclusive article we will summarize the performance of the other managed indices that New Cannabis Ventures offers to its... Read more
After breaking a long negative streak in July of 17 straight months down with a rally of 4.3%, the Global Cannabis Stock Index fell 1.3% in August. In September, it posted a new all-time closing low on 9/30 at 11.26 and ended the month down 25.9%. In October, the index lifted... Read more
The Connecticut Department of Consumer Protection (DCP) recently informed three medical cannabis producers that they will receive an expanded producer license, which will allow them to work with both medical cannabis and adult-use cannabis products. DCP Commissioner Michelle H. Seagull said in a press release that this is one... Read more
