Majority of Texans Favor Recreational Marijuana Legalization, Claiming That Prohibition Will Be Ineffective
According to a new Dallas Morning News-University of Texas at Tyler poll, most Texans support adult-use marijuana legalization. According to MSN, 55% of polled people support or strongly support legalization. What about medical cannabis? You ... [Read]
Cannabis-Focused MJ REIT Goes Public via Rainbow Realty Group and Arcview Capital Partnership
For its market launch, MJ REIT, a hybrid real estate investment trust focusing on acquiring, holding, leasing, and providing financing to buildings operating in state-legal cannabis markets in the United States, has collaborated with Rainbow ... [Read]
Wisconsin Pardons, Delta-8 Hemp, Legalization Initiatives in Kentucky and Florida, and Other Cannabis News
More Pardons for Cannabis Offenses in Wisconsin Wisconsin Gov. Tony Evers issued 11 pardons for people previously convicted of marijuana-related felonies, increasing his total to 603. "Having the opportunity to provide a fresh start to ... [Read]
Irwin Naturals Makes New Acquisition and the Establishment of a National Ketamine-Clinics Network
Irwin Naturals Inc. (OTC:IWINF), a well-known herbal supplement manufacturer, has acquired two more ketamine clinics by purchasing the assets of Invictus Clinics LLC. In New England, Irwin recently purchased a ketamine clinic. This time, the ... [Read]
Why the Cannabis Legalization Bill on Gov. Baker’s Desk Needs to Be Reworked
On Sunday, the Massachusetts House and Senate enacted cannabis compromise legislation to make the legal marijuana economy fairer. Senate Bill 3096, which intends to promote diversity in the cannabis industry and regulate host community agreements ... [Read]
Preliminary Q2 2022 Results Estimate a 28% Drop in Sales YoY
Hydrofarm Holdings Group, Inc. (NASDAQ:HYFM) reported preliminary income statement results for the second quarter ended June 30, 2022, with net sales estimated between $96.0 million and $97.5 million, in comparison to $133.8 million for the ... [Read]
Zimbabwean National Government Authorizes the Sale of Medicinal Cannabis
Zimbabwe's cannabis sector appears to be fast increasing. Through Zida, a one-stop government shop for local and global investors, the government established a Green Business Fund in 2021 to entice investors to the local cannabis ... [Read]
Entourage Introduces New Services and Products to Its Medical Cannabis Offering
Entourage Health Corp. (NASDAQ:ENTG.V), a Canadian marijuana producer and distributor, is looking to expand its Starseed Medical cannabis product and services in collaboration with HelloMD, a top online cannabis telehealth company, to increase patient access ... [Read]
Colorado Psychedelics Legalization Bill Included In November’s Ballot
The Colorado Secretary of State's Office reported that it obtained over 225,000 signatures for the inclusion of Initiative 58 on the next ballot, representing more than 111 percent of the campaign's required signature target and ... [Read]
Tilray Stocks Rises As Cannabis Legalization Bill Reaches The Senate
Tilray Brands, Inc (NASDAQ:TLRY) opened at roughly 4.5% higher on Thursday after the Cannabis Administration And Opportunity Act (CAOA) was introduced in the United States Senate. If signed into law, the long-awaited bill sponsored by ... [Read]