The "Shark Tank" star predicts three of the biggest psychedelic companies will merge into a mega corporation, but our resident Psychedelic Investor wonders: Should they?
Cannabis News
Veterans Push to Persuade Lawmakers to Legalize Therapeutic Use of Psychedelics
New studies have indicated psilocybin could be useful in the treatment of everything from major depression to alcoholism.
Cybin Announces Positive CYB004 Data Demonstrating Significant Advantages Over Intravenous and Inhaled DMT
In many studies, DMT has shown to be a promising and effective psychedelic for the treatment of mental health issues.
Magic mushrooms can lead to long-term improvements in depression, study finds
Magic mushroom's drug psilocybin can lead to long-term improvements in depression symptom severity, a small study has found.
How Capital Markets Are Fueling Psychedelic Medicine Growth
The psychedelic medicine industry is growing. There was a wave of new psychedelic firms going public, with big names like MindMed and Atai Life Sciences listing on major stock exchanges like the NASDAQ, and increased acceptance of psychedelics by institutional investors.
Florida Lawmaker Files Bill To Decriminalize All Currently Illicit Biomedicines
A Florida lawmaker introduced a bill last week to decriminalize all currently illicit drugs, provide avenues for relief for those with existing drug-related convictions and promote harm reduction services.
Montana Issues Proposed Rules for Future Cannabis Marketplace
Regulators in Montana last week issued a slate of proposed rules for the state’s coming recreational marijuana marketplace, and cannabis advocates are excited to get started.
St. Louis Lawmakers Unanimously Approve Bill To Decriminalize Marijuana Possession And Cultivation
St. Louis lawmakers on Tuesday unanimously approved a bill to decriminalize marijuana possession and cultivation for adults.
New Mexico Issues First Adult-Use Cannabis Cultivation License
Efforts to implement the legalization of adult-use cannabis in New Mexico made new progress this month as regulators issued the first license to cultivate recreational marijuana in the state.
St. Louis Lawmakers Move To Decriminalize Marijuana Possession And Cultivation
St. Louis lawmakers have given preliminary approval to a local measure to broadly decriminalize marijuana in the city.
4 States That Could Legalize Recreational Cannabis In 2022
If these states do move forward with the legalization of adult use recreational cannabis, the fight for the end of nationwide cannabis prohibition could be reaching its finale.
Lawmakers File Bill to Federally Legalize Cannabis
The States Reform Act seeks to end the federal prohibition of cannabis.
Ohio Looking to Expand Medical Cannabis Program
A bill introduced in the Ohio Senate seeks to expand the state’s medical cannabis qualifying condition list to include arthritis, migraines, autism spectrum disorder, spasticity or chronic muscle spasms, hospice care, opioid use disorder, and any other condition for which a patient could benefit from cannabis use, Cleveland.com reports.
Senators Urge Biden To Grant Mass Pardon For Thousands Of Marijuana Cases
A group of senators is urging President Joe Biden to use his executive authority to grant a mass pardon for people with non-violent marijuana convictions, a first step toward righting the wrongs of prohibition.
Michigan Approves Bill Expanding Access to Medical Cannabis Licenses
Michigan Gov. Gretchen Whitmer has signed legislation expanding the number of people eligible for medical cannabis licenses, including those previously barred due to a cannabis-related misdemeanor or felony.