Recreational marijuana sales in Alaska’s largest city continued to grow in 2020 despite the COVID-19 pandemic, highlighting the resiliency of the state’s adult-use industry even in challenging conditions.
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Mind Cure Announces its Research Program with Psychedelic Compounds
Mind Cure's initial R&D focus will be on psilocybin, ketamine and ibogaine. Researching both pain and mental health applications for psychedelics.
Seven In Ten Americans Back Expunging Marijuana Convictions, New Poll Finds
Seven in ten Americans support clearing the records of people with non-violent marijuana convictions, according to a new poll.
Canada Will Let Health Care Professionals Legally Use Psychedelic Mushrooms, Health Minister Says
Canada will allow a handful of health care professionals to possess and consume psilocybin mushrooms in order to better treat the growing number of patients now permitted to use the psychedelic drug, the country’s top health official revealed in a recent interview.
House-Passed Marijuana Legalization Bill Would Add $13.7B To Federal Budget, Congressional Analysts Say
The federal marijuana legalization bill passed in a historic vote last week by the U.S. House of Representatives would generate about $13.7 billion in net revenue for the U.S. treasury over the next decade, according to a new report by the Congressional Budget Office (CBO).
CYBIN Signs Definitive Agreement to Acquire Adelia Therapeutics as Part of its Commitment to Strategic Growth
Cybin Corp acquires Adelia Therapeutics in an all-stock transaction valued at CAD$20.2 million.
New Jersey Legislature Reaches Deal on Cannabis Legalization
New Jersey Gov. Phil Murphy (D) said on Friday that lawmakers have come to an agreement on the bills to legalize cannabis required by the voter-approved ballot question.
Prominent Bitcoin Investor’s Next Monster Bet
One of Bitcoin’s most prominent investors is making a new monster bet.
Numinus Wellness Inc. Announces $10 Million Bought Deal Public Offering
Numinus announces a bought deal financing at CAD$0.68 cents.
Nebraska State Sen. Planning Adult-Use Ballot Initiative
Nebraska State Sen. Anna Wishart (D) said in a Facebook post that she is working on “ballot language for full adult use legalization,” with plans to introduce it next month.
Will ATAI’s IPO Help Or Hurt Compass Pathways?
ATAI Life Science's IPO in 2021 is expected to be another big industry catalyst. But one company that might NOT benefit is Compass Pathways.
House Will Vote On Marijuana Research Bill Allowing Scientists To Study Dispensary Cannabis This Week
For the second time this month, the U.S. House of Representatives will vote on a federal marijuana reform bill—this one promoting research into the plant and allowing scientists to study cannabis from state-legal businesses for the first time.
Entheon Biomedical Announces Corporate Update Including Investment in Wonder Scientific
Entheon discusses its new strategic investment in Wonder Scientific.
BREAKING: U.S. House Votes to Legalize Cannabis Federally
Lawmakers in the U.S. House of Representatives today passed the Marijuana Opportunities, Reinvestment, and Expungement (MORE) Act in a mostly partisan 228-164 vote.
NBA Will Not Test Players for Cannabis Next Year
The National Basketball Association will not test its players for cannabis during the upcoming season, according to an NBC Sports report.