Insights

What’s Next for Drug Policy Reform and Psychedelics in Colorado?

LOS ANGELES– With an eye towards the 2022 General Elections, the Psychedelic Club of Denver recently hosted a panel of drug policy experts and psychedelic advocates to discuss “Exploring Ways to End the Drug War.” The panel featured leading Colorado drug policy experts, including Art Way of Equitable Consulting, Matthew Duffy of S.P.O.R.E., Kevin Matthews of ...

August 31st, 2021|

Understanding the Shifting Trends of State and Federal CBD Laws and Regulations

LOS ANGELES–A recent projection by Graphical Research found the North American cannabidiol market is expected to surpass $61.2 billion in size by 2027. With a growing market and hands-off approach by the Federal Food and Drug Administration, states have stepped in to protect consumer safety through laws and regulations governing the manufacture and sale of CBD products. ...

August 31st, 2021|

The Rise Of Debt Financing In The U.S. Cannabis Markets

EDITOR: We invited Judson Hill, VP of Business Development for Bespoke Financial Inc. to comment on his area of the industry. Since 2018, Bespoke Financial have been in operation supporting cannabis business financing. They were the first licensed commercial lender focused on the cannabis industry. We thank Mr. Hill for his contribution & insights into ...

August 25th, 2021|
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The State of Nationwide Cannabis Legalization: How Close Are We?

We are in a watershed moment for the cannabis plant. 37 states have legalized possession in some form, be it medical or adult use. And while it remains illegal on the federal level, those days may soon be coming to an end. On July 13th, Senate Majority Leader Chuck Schumer, along with Senators Cory Booker ...

August 22nd, 2021|

GALLUP: The Amount of Americans Who’ve Tried Cannabis Reaches New Highs

LOS ANGELES–In a new survey from Gallup nearly half of U.S. adults say they've tried Cannabis. This increase in ever-tried levels is evident as more states move to green-light legislation legalizing it in recent months. Polling data released by Gallup this week shows 49% of U.S. adults said they have tried cannabis, a new high-water ...

August 20th, 2021|

WEBINAR: New Jersey Releases Regulations Governing Adult-use Cannabis Market

TRENTON, N.J. — The New Jersey Cannabis Regulatory Commission on Thursday adopted initial rules and regulations that will govern the state’s forthcoming adult-use cannabis market. Attorneys and regulatory specialists from the New Jersey office of national cannabis law firm Vicente Sederberg LLP are available to provide commentary and analysis. The firm will share a summary of the ...

August 19th, 2021|

Christian Sederberg of Vicente Sederberg to Speak On U.S. Legalization at Cannabis Conference 2021

VS Founding Partner Christian Sederberg will join Steven Hawkins and Rezwan Khan for an insightful panel about federal cannabis legalization efforts at Cannabis Conference on August 25, 2021 at 1:30 p.m. Federal Cannabis Legalization In The United States: What Will It Mean? With the Biden administration in place, what is on the short- and long-term horizon for federal cannabis ...

August 18th, 2021|

Nearly Half of U.S. Adults Have Tried Cannabis

WASHINGTON, D.C. -- The percentage of U.S. adults who say they have tried cannabis has ticked up to 49%, the highest Gallup has measured to date. More than 50 years ago, just 4% said they had tried the drug, but that percentage surpassed 20% in 1977, 30% in 1985 and 40% in 2015. A much ...

August 17th, 2021|

Study Explores How Psilocybin Works in The Brain to Dissolve Ego

LOS ANGELES–The psychedelic experience is not for everyone. Tripping with magic mushrooms or LSD is often describe as a dissolution of the self, otherwise known as ego-death, ego-loss, or ego-disintegration. The experience is life-changing for some people; for others, it's downright terrifying. Yet despite anecdote after anecdote of good trips and bad trips, no one really ...

August 16th, 2021|

Groundbreaking Research Shows Fibromyalgia Patients Using CBD to Reduce Chronic Pain

LOS ANGLES-A growing body of research suggests that Cannabidiol (CBD) may help people with fibromyalgia. Fibromyalgia is a condition characterized by chronic pain. Studies suggest that CBD may help relieve pain and inflammation, so researchers are looking into its effects on the symptoms of fibromyalgia. For example, one 2020 reviewTrusted Source concluded while current evidence is still ...

August 13th, 2021|

A New Kind of Psychedelic Research: Psilocybin and Traumatic Brain Injury

LAS VEGAS–Heroic Hearts Project’s USA and UK branches have invited Imperial College to attend upcoming psychedelic healing retreats to conduct an observational study about the effects of psilocybin on veterans with a history of traumatic brain injury (TBI). The observational study will be led by the team of Dr. Robin Carhatt Harris.   Heroic Hearts ...

August 13th, 2021|

Custom Cones USA Launches its White Paper On The Pre-roll Industry

KENT, Wash., -- To understand the current state of the pre-roll industry, Custom Cones USA surveyed more than 130 pre-roll companies and partnered with cannabis data firm, Headset, to gather data from dispensaries and pre-roll brands. Some key insights: In 2020, pre-roll sales in recreational U.S. cannabis markets saw 59% YoY growth with total sales increasing from $704M in 2019 to $1.12B in 2020. ...

August 12th, 2021|

CIA Office Building Famous During War On Drugs: Now A Cannabis Dispensary

ANN ARBOR–In a great twist of irony, a former Central Intelligence Agency (CIA) office in Michigan with deep cannabis roots is now home to a retail cannabis store, reports MLive.com JARS Cannabis, a retailer active in Michigan and Arizona, currently holds a medical licence for the Ann Arbour location, but plans to offer recreational products ...

July 26th, 2021|

Cannabis Concentrate Sales Rose 50% On 710 Cannabis Oil Day

DENVER–Business intelligence from Akerna (Nasdaq: KERN), an enterprise software, leading compliance technology provider, shows that concentrate sales were up 50% on Saturday, July 10th also known as "710 Day", as inverting the value 710 spells OIL, another word for cannabis concentrates.   The top-selling concentrate categories for this year's 710 were: 710 Concentrate Sales Ranking by Subcategory Live ...

July 20th, 2021|

Missouri Medical Cannabis Sales Top $70M Sales Since October 2020

JEFFERSON, Mo.– Missouri's medical cannabis dispensaries sold nearly $16.4 million worth of cannabis products in June, bringing the yearly total in the state to more than $70 million. That’s according to the Missouri Medical Cannabis Trade Association. The total number of sales is $70,328,681, as originally reported by the Missouri Department of Health and Senior Services. Medical ...

July 7th, 2021|

Leading Cannabis Law Firm Vicente Sederberg Launches ESG Practice

DENVER– Vicente Sederberg LLP, a leading national cannabis law firm, announced Tuesday it has formed an environmental, social, and governance practice aimed at helping the burgeoning cannabis and hemp industries become leaders in sustainability, corporate social responsibility, and diversity, equity, and inclusion. Practice leaders will host a free webinar on “Impact and ESG in the ...

June 29th, 2021|

Alabama Could Add +$600,000,000 To Its GDP In First 3 Years Of Medical Cannabis Sales

DENVER–Business intelligence from Akerna (Nasdaq: KERN), an enterprise software, compliance technology provider, predicts that Alabama will make $600,146,880 in its first three years of medical retail cannabis sales. In May, Alabama became the 36th state to legalize medical cannabis, marking the second "Deep South" state to do so. Akerna data analyzed the average retail sales history of current legal medical-only marijuana markets ...

June 17th, 2021|

43% of U.S. Retail Investors Have at Least One Cannabis-Related Stock or Fund

CHARLOTTE, N.C.–With support for cannabis legalization at an all-time high in the U.S., it shouldn't come as a surprise that more people are investing in cannabis-related stocks. The latest MagnifyMoney survey of more than 1,200 investors found 43% currently invest in the cannabis industry. And given the majority of those investors got involved in 2020 or ...

June 14th, 2021|

Cannabis Testing Market to Reach $2.44 BN Globally By 2027 at 12% CAGR

PORTLAND–Allied Market Research published a report, titled, "Cannabis Testing Market by Product (Instruments, Consumables, and Software), Test Type (Heavy Metal Testing, Microbial Analysis, Potency Testing, Residual Screening, and Others), and End User (Cannabis Cultivators/Growers, Cannabis Drug Manufacturers, and Others): Global Opportunity Analysis and Industry Forecast, 2019–2027." According to the report, the global cannabis testing industry was pegged at $1.02 ...

June 11th, 2021|

U.S. National Institutes Of Health Leader Stands Behind Psychedelic Medicines and Cannabis Therapies

WASHINGTON, D.C.–The National Institutes of Health (NIH), is the leading health organization in the U.S.A., Dr. Francis Collins, (who Dr. Anthony Fauci works for) praised the potential of psychedelic research during a U.S. Senate budget hearing last week in Washington D.C. Collins launded the progress in psilocybin research, which has been tested in clinical trials ...

June 2nd, 2021|

Global Cannabidiol (CBD) Market Size Expected to Reach $55 Billion In 2028

PALM BEACH– Out of all cannabinoids, cannabidiol is most widely used for therapeutic reasons due to the lack of psychoactive effects. In many medical applications, cannabidiol oil is used, such as anxiety and depression treatment, stress relief, diabetes prevention, pain relief, cancer symptom relief, and inflammation. A Report from Fortune Business Insights said that the global ...

June 2nd, 2021|

Cannabis Extract Market Size Expected To Reach $28.5 Billion By 2027

PALM BEACH–Cannabis extracts have gained wide recognition in recent years and are expected to provide impetus to cannabis market growth. Growing legalization of cannabis in various countries, preference for cannabis oil and tinctures, and adoption of medical cannabis for treating chronic diseases like arthritis, anxiety, and Alzheimer's are the major factors propelling the growth. The ...

May 28th, 2021|
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