Global Cannabis and CBD News Roundup YouTube
 
Hi,

California regulators pulled Kush Collective’s license due to repeated rule violations, shutting down their operations. Meanwhile, while there is excitement about psychedelic therapy, you might want to put away your bubble wand when you hear the price—up to $3,000 for a guided session—making it far more expensive than cannabis. With insurance not covering these treatments, I expect many patients to use the underground market for cheaper access. Speaking of money, we included an article about MSOs and legacy brands. While they must respect those who paved the road to legalization, MSOs can expand the market, helping the entire industry. We envision a world where everyone has easy access to cannabis. While there will be big players, there will also be craft brands offering unique products and experiences that can’t be commoditized. :)

Have a enjoyable week!
Jessica

 
Weekly News
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The Movement to Legalize Psychedelics Comes with High Hopes, and Even Higher Costs More at usatoday.com...
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California Regulators Revoke K.U.S.H. Collective’s Cannabis Business License More at mjbizdaily.com...
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What Happens if a New Farm Bill or Extension Is Not Passed before 2025 More at kcbd.com...
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ANALYSIS: Cannabis Rescheduling Unlocks Pharma's Next Frontier More at bloomberglaw.com...
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Supreme Court To Hear Case Of Truck Driver Fired For THC Test Following CBD Product Use More at marijuanamoment.net...
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Ozempic Shows Promise for Alcohol and Drug Addiction, Study Finds More at npr.org...
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Cannabis Use Is Tied To ‘Higher Prevalence Of Physical Activity,’ Contrary To Stereotypes More at marijuanamoment.net...
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Harris Campaign Makes Major Announcement on Cannabis More at greenstate.com...
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Big Pot vs. Big Government. Mom-And-Pop Mj Operations Do Not Exist in FL. That’s by Design. More at reason.com...
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DOJ Instructed a Federal Appeals Court to Uphold a Nationwide Ban on Cannabis More at businessofcannabis.com...
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Social-Equity Cannabis Licenses Being Exploited by Bigger Businesses More at filtermag.org...
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9 African Countries That Have Legalized Cannabis Cultivation for Industrial, Medicinal Purposes More at businessinsider.com...
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Are Cannabis Laws at Stake This Election? What’s on the Ballot in Some States More at miamiherald.com...
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Why Cannabis OGs Shouldn’t Fear Multistate Operators More at mjbizdaily.com...
Cool Finds
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HAPPINESS: A Guide to the Drugs That Can Help You Get There More at youtube.com...
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What I Learned Chewing the Stimulant Khat Across Three Countries More at thrillist.com...
Stocks and Startups Briefs

10/17/24
Canopy Growth Corp. (TSX: WEED) (Nasdaq: CGC) prepaid $100M of its term loan at a discount.
City View Green Holdings Inc. (CSE: CVGR) seeks C$1M after Alberta retail exit.

10/16/24
RIV Capital Inc. (CSE: RIV) (OTC: CNPOF) today announced a distribution partnership agreement with Siban Holdings, Inc.
Bright Minds (NASDAQ: DRUG) stock jumps over 3,000% in five days.

10/15/24
Leafly Holdings Inc. (NASDAQ: LFLY) at risk of Nasdaq delisting, plans appeal.
Michigan cannabis sales drop 10% in September.
Green Dragon warehouse sells for $11.4M as parent company Eaze preps shutdown.
Avant Brands Inc. (TSX:AVNT) (OTCQX: AVTBF) reported record Q3 revenues.

10/14/24
Connecticut’s cannabis market experienced a 12% decline in sales during September.

 
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