Global Cannabis and CBD News Roundup YouTube
Hi,

We included a partial list of big name companies that didn't survive 2024.

It was a bad week for UnitedHealth. An analysis stated that pharmacy benefit managers UnitedHealth’s Optum Rx and CVS Caremark collected over $120 million each in rebates on OxyContin sales, with the 80 mg dose making up to 31% of rebates for medicare patients. Also this week, a lawsuit from the state of Utah claims that Optum Rx and Cigna's Express Scripts worsened the opioid crisis by prioritizing opioids on medicare formularies with few restrictions!

Speaking of fallout from the opioid epidemic, as China restricts fentanyl precursors, Mexican cartels are cutting with deadly alternatives like xylazine and testing the mixtures on animals to measure effectiveness with how long they survive. With the business creativity and capitalist ruthlessness that cartels are showing, I wonder if Big Pharma is planning on mergng with any. How does "CJNG UnitedHealth Cartel" sound? ;)

Have a Super New Year!
Jessica

Weekly News
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RIP: Cannabis Companies, Big and Small, Collapsed in 2024 More at greenmarketreport.com...
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New Research: Legalizing Cannabis Led To ‘Immediate Decline’ In Opioid Overdoses More at marijuanamoment.net...
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UnitedHealth and CVS Received Millions in Opioid Rebates Through Medicare More at barrons.com...
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Utah AG Targets Unitedhealth Group, Express Scripts in New Opioid Epidemic Lawsuit More at ksltv.com...
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China’s Fentanyl Ingredient Restrictions Spawns Recipes in Mexico Killing Animals More at straitstimes.com...
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Analysis: Over 35K Scientific Papers Published About Cannabis During the Past Decade More at norml.org...
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Retiring Congressman Says Feds Are ‘Trapped In Time’ On Cannabis More at marijuanamoment.net...
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How Much Does an Ounce of Cannabis Flower Cost Entering 2025? More at cannabisbusinesstimes.com...
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DOJ Asks Federal Court To Deny Doctors’ Lawsuit Over Cannabis Rescheduling Hearing More at marijuanamoment.net...
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Editorial: The DEA Shows Why Officers Cannot Police Themselves When Seizing Assets More at washingtonpost.com...
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‘Who Knows What They’re Going to Do?’: Us Cannabis Industry Braces Itself for Trump More at theguardian.com...
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Cannabis Took a Hit on Red Wednesday, but Hope Is on the Way More at law.com...
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What Is the Economic Outlook for Cannabis Companies in 2025? More at mjbizdaily.com...
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Wmass Cannabis Businesses Share in $26M State Grants More at mjbizdaily.com...
Cool Finds
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Why Cannabis Is Called Pot and Why the Word and Other Nicknames Have Lost Their Luster More at delawareonline.com...
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The Struggle for Healthcare in the US: The Only Doctor | Witness Documentary More at youtube.com...
Inspiration