Presidential candidate Sen. Cory Booker of New Jersey said last Wednesday night that he was ‘disappointed’ that the subject of marijuana legalization did not come up during the Democratic Party debates held this week. The party conducted two separate rounds of debates on Wednesday and Thursday to accommodate the... Read more
Starting July 1, people with Alzheimer’s disease can register for medical marijuana in Minnesota. And once registered, they’ll be able to obtain medical cannabis from the state’s two manufacturers beginning August 1. The Minnesota Department of Health first announced plans to add Alzheimer’s disease as a qualifying condition in... Read more
A bill introduced in Congress last week aims to help small business owners navigate the ins and outs of cannabis licensing. The legislation, the Homegrown Act of 2019, would set up a so-called Small Business Association grant program to “provide state and local governments with funding to help small... Read more
It’s no plan for legalization, but it’s something; as of July 1, qualified patients will be able to use low THC cannabis oil in Kansas. Claire and Lola’s Law a.k.a. House Bill 2244 does not allow for legal sale or production of the oil, but individuals and families who... Read more
Bill Levin, the founder of the Indianapolis First Church of Cannabis, announced on Monday that he is running for governor of Indiana. Levin will seek the nomination of the state’s Libertarian Party in his bid for the statehouse, according to a report in local media. The legalization of cannabis... Read more
After a 54.9% gain in Q1, the Canadian Cannabis LP Index gave up a lot of ground in Q2, including a 8.4% decline in June to 894.07: The index remains substantially below the all-time closing high of 1314.33 on September 25th, just ahead of Canadian legalization. It has increased 41.5% since bottoming... Read more
After a 57.4% rebound in Q1 followed by a narrow decline in April and a sharp one in May, Cannabis stocks, as measured by the Global Cannabis Stock Index, moved slightly lower in June, declining 2.5%: The index, which had 64 qualifying members during the month following the quarterly rebalancing... Read more
The American Cannabis Operator Index extended its post-March weakness again, declining over 8% to 87.35: The good news is that the stocks managed to recover somewhat from the mid-June lows, ending the month 5% higher than where it closed on June 14th. Still, Q2 was quite challenging, as the index lost... Read more
TransCanna Holdings (CSE: TCAN) (OTC: TCNAF), a relatively new California-focused cannabis company that began trading in January and promptly launched a very aggressive stock promotion campaign during the rally early in the year as its stock went from C$0.80 to almost C$8.00 after its C$0.50 IPO, announced an acquisition on... Read more
Maine residents approved legal recreational marijuana back in 2016, but have been waiting on the government to approve a regulatory framework for the industry. Happily, the end of that wait is now in sight. Governor Janet Mills has signed into effect a law establishing cannabis industry guidelines that is... Read more
