Psychedelics Decriminalization Moves Forward In Cities Around The U.S.

Psychedelics Decriminalization Moves Forward In Cities Around The U.S.

“The Berkeley measure would prohibit city departments and law enforcement from using any funds to enforce laws against possession, propagation and consumption of psychedelics by individuals 21 or older. Members of the City Council Public Safety committee unanimously voted to send the resolution to the body’s Public Health Committee for further consideration.” – Marijuana Moment

Medical cannabis is gaining momentum in Asia

Medical cannabis is gaining momentum in Asia

“With Thailand’s legalization of medical cannabis in February, some experts predict that other Southeast Asian countries may move to decriminalize the plant. If that happens, it could prove a significant opportunity for investors interested in the space. Many countries in Asia have made headlines for strict punishments for possessing, trafficking and consuming cannabis — including, notable, the ongoing bloody war on drugs in the Philippines.” – MSNBC

Study Finds Legal Cannabis Reduces Illicit Grows in National Forests

Study Finds Legal Cannabis Reduces Illicit Grows in National Forests

“Conversations about the effects of legalizing cannabis frequently focus on a few key issues: economic opportunity, social justice, the potential for new medical treatments, and other health benefits. What’s less talked about, however, is how cannabis legalization impacts the environment.” – High Times

CBD Oil — Is It Safe?

CBD Oil — Is It Safe?

“From celebrities to physicians, everyone’s interest is piqued on the latest trend to hit nearly every industry: cannabidiol or CBD oil. If you are scratching your head trying to understand why this product has such a fan following — you are not alone. Though it has been on the market for a while, many are only now adopting the trend, as it becomes more widely accepted across many states in the country.” – CWHemp

Marijuana by the Numbers

Marijuana by the Numbers

“When Leafly.com wanted to run a jobs report on the U.S. cannabis industry, it realized that the federal government was not tracking it. So, the website hired Whitney Economics. And from looking at state and industry data, it found that nearly 65,000 cannabis-related jobs were created in 2018. It was a 44% increase, on the heels of +21% in 2017.” – InvestorPlace

KushCo Holdings Announces Filing of Application to List on the NASDAQ Global Select Market

KushCo Holdings Announces Filing of Application to List on the NASDAQ Global Select Market

“KushCo Holdings, Inc. (OTCQX: KSHB) (''KushCo'' or the ''Company''), today announced it has filed an application to list the Company’s common shares on the NASDAQ Global Select Market (“NASDAQ”).” – Accesswire

Canopy CEO Departs; What Now for the Cannabis Giant?

Canopy CEO Departs; What Now for the Cannabis Giant?

By now, we’ve all heard the news: Bruce Linton, co-CEO of Canopy Growth(TSE:WEED), the world’s largest supplier to the cannabis markets, left the company last week. Asked about his departure from the company he had led to industry dominance, Linton said, “I think stepping down might not be the right phrase. I was terminated.” – Yahoo!

CannTrust Flagged by Health Canada for Cannabis Production from Previously Unlicensed Grow Rooms

CannTrust Flagged by Health Canada for Cannabis Production from Previously Unlicensed Grow Rooms

“CannTrust Holdings Inc. has received a compliance report from Health Canada notifying the Company that its greenhouse facility in Pelham, Ontario is non-compliant with certain regulations. CannTrust has accepted Health Canada's non-compliance finding and has taken actions to ensure current and future compliance.” – NCV

American Cannabis Stocks Score Third Consecutive Monthly Decline

American Cannabis Stocks Score Third Consecutive Monthly Decline

“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 23.8% of its value.” – NCV

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