The Demand For New Cannabis Stocks is Heating Up
Oct08

The Demand For New Cannabis Stocks is Heating Up

When it comes to cannabis stocks, the public can’t get enough. After years of challenging access to capital, 2018 has seen a remarkable improvement for U.S. cannabis operators. In the summer, two leading companies went public, MedMen and Green Thumb Industries. Both stocks have performed well, and each of the companies has subsequently priced secondary offerings, raising additional capital to fund acquisitions and capital...

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With marijuana legal, California flooded with dubious health claims about the drug
Jul09

With marijuana legal, California flooded with dubious health claims about the drug

Spend a few minutes surfing Twitter and you’re likely to encounter a startling claim that comes without proof:Cannabis cures cancer. The online world is awash with such posts, startling scientists and physicians who are urging weed’s proselytizers to tap the brakes. “We know that a component in cannabis — CBD — might be useful in treating cancer,” said Dr. Joseph A. Califano III, director of the Head and Neck Cancer Center at UC San...

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The First marijuana derived drug is on the verge of approval
Jun24

The First marijuana derived drug is on the verge of approval

At 3 months old, Marissa Parsons began having frequent seizures, some lasting a half-hour. For almost two decades, her desperate parents tried drug after drug to treat her rare type of childhood epilepsy, but the medications mostly produced side effects – pancreatitis, hives and extreme drowsiness – and she was frequently hospitalized. Family outings became almost impossible. Eventually, her mother said, Marissa stopped...

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New York Moves Toward Legal Marijuana With Health Dept. Endorsement
Jun18

New York Moves Toward Legal Marijuana With Health Dept. Endorsement

ALBANY — New York moved a significant step closer to legalizing recreational marijuana, as a study commissioned by Gov. Andrew M. Cuomo will recommend that the state allow adults to consume marijuana legally, the governor’s health commissioner said on Monday. The announcement by the commissioner, Howard Zucker, signals a broad turnaround for the administration of Mr. Cuomo, a second-term Democrat who said as recently as last year that...

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Republican Controlled Congress Aims to Protect Medical Marijuana Businesses
Jun17

Republican Controlled Congress Aims to Protect Medical Marijuana Businesses

Few industries are creating a buzz with investors quite like legal cannabis. According to research firm ArcView, the North American legal weed industry grew sales by 33% in 2017, to $9.7 billion, and it’s estimated to grow at an average annual rate of 28% through 2021. Should ArcView’s projection prove accurate, we could be talking about nearly $25 billion in legal pot sales in North America by the end of 2021. Last year,...

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Thank you, Jeff Sessions, for inadvertently kickstarting Congress’ effort to legalize marijuana
Jun16

Thank you, Jeff Sessions, for inadvertently kickstarting Congress’ effort to legalize marijuana

Good job, Jeff Sessions! It seems the attorney general’s misguided attempts to revive the unpopular and unjust federal war on marijuana may be having the exact opposite effect — prompting a new bipartisan effort in Congress to allow states to legalize cannabis. Last week Sen. Cory Gardner (R-Colo.) and Sen. Elizabeth Warren (D-Mass) introduced a bill that would essentially end the federal prohibition in states that have chosen to...

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