Global Cannabis and CBD News Roundup YouTube
Hi,

A judge shut down the 2024 Corporate Transparency Act, calling it "quasi-Orwellian," which would have forced cannabis companies to hand over ownership and financial details. For now, they’re off the hook. A report by independent organizations showed the US spent $13B on the global drug war in the last decade while the UN’s top human rights official said the drug war has totally failed and wants countries to focus on public health instead. How much money needs to be wasted before countries figure out that a strategy isn't working? ;)

Have a enjoyable week!
Jessica

Weekly News
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How a California Pot Company Went from $575 Million in Cash to a ‘Debt Death Spiral' More at sfgate.com...
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War On Drugs Has ‘Completely And Utterly’ Failed, UN Human Rights Commissioner Says More at marijuanamoment.net...
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What Rescheduling Might Mean for the District of Columbia More at norml.org...
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After Biden’s Pardon Of Son’s Drug-Related Crimes, Advocates Call To Free MJ Prisoners More at marijuanamoment.net...
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Drs Ask Judge To Postpone MJ Rescheduling Amid Challenge To Witness Selection More at marijuanamoment.net...
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Federal Judge Begins Hearings On Rescheduling Cannabis From Schedule I To III More at coloradopolitics.com...
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U.S. Taxpayers Spent Almost $13B To Fund Global War On Drugs In The Past Decade More at marijuanamoment.net...
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Trump’s Pro-mj Decriminalization DEA Pick Withdraws amid Pushback from Conservatives More at marijuanamoment.net...
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Survey Shows Strong Support for Legalizing Cannabis in Indiana More at 21alivenews.com...
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Judge Halts Corporate Transparency Act, Calling It a ‘QuasiOrwellian’ Statute More at cannabisbusinesstimes.com...
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NY Advocates Raise Concerns about Office of Cannabis Management, Urge to Protect MRTA More at drugpolicy.org...
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California Sales Down For Quarter in Newly Released Results More at ca.gov...
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Mexico Announces Largest Fentanyl Seizure in Its History, amid Us Pressure More at aljazeera.com...
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National Hemp Association Puts Four Asks Before RFK Jr. More at cannabisbusinesstimes.com...
Cool Finds
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Botanical Medicine History More at umn.edu...
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Exploration into Hemp Batteries Video More at youtube.com...
Stocks and Startups Briefs

12/02/24
Canopy Growth (TSX: WEED) (NASDAQ: CGC) and Acreage provide update on closing timeline.

12/03/24
CEA Industries Inc. (NASDAQ: CEADW) to buy unnamed specialty retailer.
Christina Lake Cannabis Corp. (CSE: CLC) (OTCQB: CLCFF) closes first tranche of non-brokered private placement.
Glass House Brands Inc. (CBOE CA: GLAS.A.U) (OTCQX: GLASF) expands amid market growth.

12/04/24
iAnthus Capital Holdings (CSE: IAN) (OTCQB: ITHUF) agreed to settle a five-year-old lawsuit over its acquisition of MPX Bioceutical Corp..

12/05/24
Cannabis seed producers Barney’s Farm Genetics, I Love Growing Marijuana (ILGM) and Sensi Seeds are merging under a deal that will close in early 2025.

12/06/24
Organigram (TSE: OGI) wants to become canada’s largest cannabis company by market share via $71m acquisition deal.

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