Are Cannabis Stocks a Good Buy in August 2023?
Image source: Getty Images Written by Aditya Raghunath at The Motley Fool Canada Cannabis was legalized in Canada almost five years back, driving marijuana stock prices toward all-time highs. For instance, shares of Canadian cannabis stocks Aurora Cannabis (TSX:ACB)...
Minnesota sends ‘social equity’ marijuana money to communities as ‘form of reparations’
Minnesota inaugurated a new program to use tax revenue from newly-legalized marijuana to invest in communities that felt the “direct harm” from prohibition. Citing the “lasting effects … the war on drugs has had on communities of color,”...
Don’t Our Veterans Deserve Better Than Opioids? Updated Directive Still Says No To Medical Marijuana
An updated directive from the Department of Veterans Affairs (VA) confirms once again that VA doctors are banned from recommending medical marijuana treatment to their patients. The revised Veterans Health Administration (VHA) guidance, updated on...
Another Spending Bill Makes Its Way Through Senate, Could Amplify Marijuana & Psychedelics Research
On July 27, the Senate’s appropriations committee approved a bill covering FY2024 funding for Labor, Health and Human Services, Education and Related Agencies with a section calling for the expansion of federal grants for research on marijuana and...
Majority Of Marijuana Growers Feel ‘Terrible’ Or ‘Bad’ About Current Market Situation, Finds Wells Fargo Survey
How the cannabis market treats consumers and retailers is a common topic, but what about the people without whom there would be no market…the cultivators. How are marijuana growers handling these turbulent times for the industry? The third edition of...
CBD Stocks Creating Opportunities – Established (BCCI), (STG), (WEED), (ACRGF), (RLTR), (CBMJ), and Newcomer (VAPR) Lead the Charge
You would have to be living in isolation to have not picked up on the hottest marijuana derivative consumable and therapeutic center isolate CBD. CBD “Cannabidiol” is the non-psychoactive full spectrum derivative of the hemp and marijuana plant largely credited for the majority of the medical beneficial attributes associated with marijuana.
Other View: Marijuana pardons and federal drug laws
From the Dec. 27 edition of The Los Angeles Times: President Biden on Friday demonstrated the proper use of presidential clemency power when he pardoned thousands of people who had been convicted of various nonviolent marijuana violations on federal...
Cannabis ETFs Spike on Marijuana Classification Review
Marijuana stocks spiked following the report that the US Drug Enforcement Administration (“DEA”) is reviewing the potential reclassification of cannabis from Schedule I to Schedule III. This development, initiated by a recommendation from the Department of Health and...
Barring ‘poison pills,’ medical marijuana likely to be legalized in Wisconsin, Gov. Tony Evers says
Democratic Gov. Tony Evers said he would likely sign a medical marijuana measure being floated by legislative Republicans — as long as it’s a clean bill and doesn’t include provisions Democrats would consider poison pills. Assembly Speaker Robin Vos, R-Rochester, said...
Navajo Nation charges 2 tribal members with illegally growing marijuana as part of complex case
WINDOW ROCK, Ariz. (AP) — Authorities on the largest Native American reservation in the U.S. have charged two tribal members with illegally growing marijuana on the Navajo Nation, marking just the latest development in a years-long case that also has involved...
Detroit Finally Opens Second Round Of Marijuana Licenses With Equity Focus
Detroit is set to accept applications for the second round of limited marijuana business licenses, with half reserved for “equity applicants” from communities disproportionately affected by marijuana prohibition. The round offers 30 marijuana retailer...
Waterford OKs recreational marijuana sales
Three marijuana retailers have been approved to add recreational sales to existing medical sales in Waterford Township. It could save the businesses, according to the owners. Township trustees approved the change on Thursday for Planet 59, 4641 Highland Road; Golden...
Former Colorado Governor, First In Nation To Legalize Marijuana, Introduces Federal Legalization Bill
Colorado’s governor when the state became the first in the country to legalize recreational cannabis in 2012 reintroduced a bill calling for federal marijuana legalization last week, reported Marijuana Moment. Titled the Preparing Regulators Effectively for a...
Red Lake Nation prepares to open state’s first recreational marijuana dispensary
Red Lake Nation prepares to open state’s first recreational marijuana dispensary The Red Lake Nation made its final preparations Monday to begin selling recreational marijuana on Tuesday. When Minnesota’s new law takes effect Tuesday, the tribal nation’s NativeCare...
Ontario Reduces Wholesale Markups On Marijuana As Large Operators Continue To Struggle
Canadian cannabis retailers have had a challenging year, which is why the Ontario Cannabis Store (OCS), which holds a monopoly on legal distribution in the province, announced a change in its pricing. What Happened: Starting in September, most wholesale markups...
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