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, This... Read more
The Germany’s coalition government called the Traffic Light coalition, which combines individuals from the Social Democratic Party, Free Democratic Party, and The Greens, reportedly reached an agreement for cannabis regulation on Nov. 27. These recent discussions estimate that cannabis legalization could take effect starting on April 1, 2024, with... Read more
After analyzing available survey data, researchers at the University of Michigan said that 12.1% of adults in the United States aged 50-80 reported using cannabis in the past year. “Among those who reported cannabis use, 34.2% reported using cannabis products 4 or more days per week,” the researchers said.... Read more
Researchers at the oldest college in Utah are opening a medical cannabis research center and seeking for a DEA-approved grow site in order to overcome some of the regulatory hurdles. On Nov. 21, the University of Utah announced the launch of the new center and its initiative. University of... Read more
As we described in a previous article, the Global Cannabis Stock Index rebounded 8.1% in November after a huge October loss. That index is now down 20.1% year-to-date, which has followed a record decline of 70.4% for 2022. In this article, we summarize the performance of the other managed indices that New Cannabis... Read more
Cannabis stocks, as measured by the Global Cannabis Stock Index, exploded higher in late August 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 the move continued into September. October wiped out the... Read more
It’s not uncommon for residents of states yet to enact cannabis laws to travel and obtain their weed through out-of-state dispensaries. However, one Southern state appears to be experiencing this issue when it comes to medical cannabis, even though it’s had legal, operational medical dispensaries since 2020. A new... Read more
The delta-8 THC market is bigger than ever before, regulated like hemp, but South Carolina could change that if one proposal takes root. Rep. Rosalyn Henderson-Myers (D-Spartanburg) filed a bill under South Carolina’s upcoming legislative session that seeks to create regulations around delta-8 THC and similar products, which can... Read more
A New Hampshire commission formed to create a cannabis legalization plan for the state held its final meeting this week but failed to produce any recommendations after months of deliberation. The 19-member commission convened this summer to consider a plan to legalize cannabis for adults under a program that... Read more
An international drug trafficker with possible business ties to a reputed “super cartel” as well as the Italian mafia has handed over the ownership rights to his multi-million dollar private island in an attempt to try and reduce his sentence. Known drug kingpin Raffaele Imperiale made headlines in 2016... Read more
