Mydecine is planning to spin out its U.S. legacy cannabis assets.
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Mydecine is planning to spin out its U.S. legacy cannabis assets.
Compass Pathways has set the terms for its IPO, targeting a valuation at or about $544.1 million.
Martha Stewart has partnered with Canopy Growth on a CBD product line set for a release this week after more than a year in development, CNNreports. The products will be sold online via the Canopy website and will range from $34.99 to $44.99 with a line of pet products set for later this year.
The Vermont House gave preliminary approval on Friday to a bill that would provide for automatic expungements of marijuana convictions and allow people to possess and grow more cannabis without the threat of jail time than is currently allowed.
A bill that would allow CBD derived from hemp to be sold as a dietary supplement was introduced in the House of Representatives last week in a bid to jumpstart an industry hampered by inaction from the U.S. Food and Drug Administration (FDA).
Spravato has not been the "game-changer" for treating depression that it was touted as being. The market remains wide open for psilocybin (and other psychedelics).