Global Cannabis and CBD News Roundup YouTube

The vote for legal cannabis turned out poorly in Oklahoma, with a low turnout reported. I wonder if the governor planned to have a special election that banked on our inability to get off the couch and vote. Doh! Despite this setback, we see positive developments in Hawaii, Delaware and Florida.

Recent polls show that 59% of people believe tobacco products should be federally illegal, compared to 10% that think cannabis should be illegal on the federal level. Politicians would be wise to acknowledge the popularity of cannabis.

Mexico granted its first cultivation license, which is good news, though Mexican president Lopez Obrador raised eyebrows when he said fentanyl was a US problem that had nothing to do with Mexico. I'm starting to wonder if his "Hugs, not bullets." campaign is designed, so the cartels give him hugs, not bullets. ;)

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Thanks and I hope you have a stellar week!

Weekly News
Americans Now Favor Legal Cannabis over Legal Tobacco More at
A Cartel Flooded an Oregon Town with Drugs. Here’s How Authorities Nabbed the Ringleader. More at
Oklahomans Reject Adult-Use Legalization Ballot Measure More at
Hawaii, Delaware Adult-Use Cannabis Legalization Outlook Rosy after Oklahoma Failure More at
Mexico’s Leader Denies His Country’s Role in Fentanyl Crisis. Republicans Are Furious More at
Mexico Grants First License for Cannabis Cultivation More at
New Yorkers Say Cannabis Is Safer Than Alcohol, And They Want Local Dispensaries More at
US Intelligence Official: Past Marijuana Use Is Not Disqualifying For New Recruit Clearance More at
Justice Department Appealing Federal Ruling That Struck Down Gun Ban for Cannabis Consumers More at
California Cannabis Retailer Faces Costly ADA and UCRA Claims More at
Cannabising Out Gray Market Cannabis Operators Presents Special Challenges for States More at
Canadian Producers Report 2,200 Kilograms of Lost or Stolen Cannabis since 2018 More at
Cool Finds
Narco Avocados: Violent Drug Cartels Are Taking over Mexico’s Avocado Industry More at
Legendary Cannabis Chemist Raphael Mechoulam Passes Away in Israel at 92 More at
Stocks and Startups Briefs

Safe Supply Streaming Co. Ltd. and Origin Therapeutics Holdings Inc. (CSE: ORIG | FSE: U8B) announce brokered financing increase to $4M.
Global CBD market projected to reach $21.2B by 2030.
LiveWire Ergogenics Inc. (OTC: LVVV) becomes majority shareholder in LA-based Green Eagle and creates sales channel for “Estrella Weedery.”
Market for CBD beverages predicted to grow at a CAGR of 25.6%.
AFC Gamma, Inc. (NASDAQ:AFCG) releases 2022 Q4 and full-year financial results.

Lifeist Wellness Inc. (TSXV: LFST) (FRANKFURT: M5B) (OTCMKTS: NXTTF) accelerates royalty growth by partnering with Spiffy and Other People’s Pot.

Trulieve OTCMKTS: TCNNF announces goal of $100M in operating cash flow for 2023.
OEDIT chooses 27 companies to receive a cannabis business pilot grant.
Village Farms International, Inc. (NASDAQ: VFF) reports 2022 Q4 and full-year results.
Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) announces 2022 Q4 and full-year results.
DELTA 9 CANNABIS INC. (TSX:DN) (OTCQX:DLTNF) secures funding from Manitoba Agriculture.
Hydrofarm Holdings Group, Inc. (Nasdaq: HYFM) discloses 2022 Q4 and full-year financial results.
Cannabis research and testing market expected to reach $3.6B by 2030.
​​Lifeist Wellness Inc. (TSXV: LFST) (FRANKFURT: M5B) (OTCMKTS: NXTTF) establishes initiative for more extensive wholesale distribution of Hamilton vape devices.
Medical marijuana market to surpass $30B by the end of 2032.

International legalized marijuana market is projected to reach $135.2B by 2030.