Global Cannabis and CBD News Roundup YouTube

California had a decrease in sales in 2022 for the first time since legalization. Could this be a bump in the road, or will California sales decline with the recession? I think things will pick up this year. ;)

In Mexico, a former national security official was convicted of taking millions of dollars in bribes from the cartels he claimed to be fighting. Yikes! It makes me wonder how many other top enforcement officials are on the cartel’s payroll.

Does it sound crazy to you that psychedelics may be legal on the federal level before cannabis? That’s exactly what a new article is predicting, based on clinical results for substances like MDMA, ketamine, and psilocybin. But come on, the clinical evidence is there for cannabis, too. All you have to do is look, Uncle Sam ;)

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Have a peaceful week!

Weekly News
Why Psychedelics May Be Federally Legal Well Before Cannabis More at
Mexico’s Ex-Top Security Official Is Convicted of Cartel Bribery More at
WA Senators Strip Psilocybin Bill Of Major Provisions, With Advocates Blaming Governor More at
‘Warning Signal’: Calif. Legal Cannabis Sales See Unprecedented Drop More at
Will Mass Layoffs Help or Hinder the Struggling Cannabis Industry? More at
Indigenous Cannabis Entrepreneurs Underrepresented in Canada, Data Suggests More at
MedMen Looks to Sell Assets in Arizona, Illinois & Nevada More at
Psychedelic Policy & Law in 2022 More at
The Medical Potential of Psychedelics: A View from the European Union More at
71% Support for Recreational Cannabis Use in New Hampshire More at
Huge Resources Going Into Building NY Cannabis Agency More at
Scotts Miracle-Gro Unit, Terrascend Chair Settle Dispute over NY Cannabis Firm More at
Medicinal Cannabis: The Route to UK Good Manufacturing Practice Registration More at
COVID-19 Likely Came from Lab Leak, Says News Report Citing Us Energy Department More at
Cool Finds
What Is Lion’s Mane, AKA the Smart Mushroom? More at
The New Chapo: An inside look at the hunt for El Mencho, Mexico's bloodiest drug lord More at
Stocks and Startups Briefs

Canopy Growth Corp. (TSX: WEED) (Nasdaq: CGC) seeks additional $150M in convertible debt, further diluting shares.
Unrivaled Brands Inc. (OTCQB: UNRV) sees 10% growth with newly-appointed executives.
MariMed, Inc. (CSE: MRMD) (OTCQX: MRMD) announces purchase of operating assets of Ermont, Inc.
MedMen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF) seeking to sell assets in Arizona, Illinois, and Nevada.
BioHarvest Sciences Inc. (CSE: BHSC) (OTCQB: CNVCF) announces private placement of convertible notes totaling $8M CAD.

Tilray Brands, Inc. (NASDAQ | TSX: TLRY) enters into agreement for issuance of 120,000 shares of “Series A Preferred Stock”.
TPCO Holding Corp. (OTCQX: GRAMF) merges with Gold Flora Corp; majority holding will lie with Gold Flora Corp.

22nd Century Group, Inc. (Nasdaq: XXII) will announce fourth quarter and 2022 results March 9, 2023.
More than $1.4B spent on cannabis by Arizonans in 2022.
Humble & Fume Inc. (CSE: HMBL) (OTCQX: HUMBF) discloses financial results for Q2 2023.
BDSA prediction states the global cannabis market will hit $60B by 2027.
Cannabis banking solution Green Check Verified announces $6M raised in Series A round.