by Grow Up Conference | Sep 10, 2024 | Media Partners, Stratcann
Toronto Police say they have made four arrests in connection with a series of break-ins of cannabis, electronics, and cellular phone stores in the Toronto area.
The arrests were announced on September 10, in relation to a series of break-ins from Sunday, November 26, 2023, to Friday, August 23, 2024. During that time, the Toronto Police Service and Durham Regional Police Service responded to 27 calls for nighttime break-and-enters into retail establishments. Police have dubbed the investigation Project Nightcrawler.
Police alleged that a group of suspects targeted and forced entry into cannabis, electronics, and cellular phone stores while armed and wearing masks. Police also allege the suspects discharged a firearm while fleeing the scene of one break-in, and that the suspects stole over $50,000 worth of cannabis, cannabis-related products, cellular phones and accessories, electronics and computers.
Police say they have arrested three adult males and one 16-year-old male. A 17-year-old male youth and a 41-year-old woman are also wanted in connection with these arrests.
Break-ins of cannabis stores have been an ongoing issue in Canada. Some provinces, like British Columbia and Alberta, have removed their requirements for window coverings for cannabis stores in part in response to concerns about retailer safety. Retailers in Ontario have called on the province to make similar changes.
by Grow Up Conference | Sep 10, 2024 | Cannabis News Wire, Media Partners
The U.S. marijuana industry, valued at $32.1 billion, entered Labor Day weekend for the second consecutive year with significant developments regarding the Biden administration’s attempts to change marijuana’s classification. Despite this milestone, the reaction has been one of disappointment rather than celebration, following the recent announcement that a crucial hearing about cannabis rescheduling won’t take place until December. This delay led to frustration and a slight dip in cannabis stock values.
Last year, the industry had a more optimistic outlook during this period as federal health regulators had recommended recognizing cannabis as medicine, a major step forward in marijuana reform. However, this year brings a less favorable situation as Anne Milgram, chief of the U.S. Drug Enforcement Administration (DEA), issued a notice in the Federal Register announcing a Dec. 2, 2024, hearing, signaling that the rescheduling of marijuana is unlikely to occur before 2025. Consequently, cannabis businesses will need to wait a while longer for potential tax relief at the federal level.
Representative Earl Blumenauer, cochair of the Congressional Marijuana Caucus, expressed his dissatisfaction, accusing the DEA of holding up progress on a matter that the White House considers important. On the other hand, some observers, such as Shawn Hauser of the legal firm Vicente, say they expected these kinds of delays and pointed out that a hearing was always a real possibility.
Blumenauer’s disappointment mirrors the sentiments of many in the marijuana industry, including prominent entities such as Green Thumb CEO Ben Kovler, who voiced his frustration on social media. The market responded accordingly, with Green Thumb’s stock dropping by more than 8.5%, while other major cannabis companies, including Curaleaf Holdings, Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) and Verano Holdings, experienced similar declines.
The cannabis community’s disappointment spilled onto social media, with industry leaders and advocates expressing their discontent with President Biden, Milgram and even among themselves. Speculation also arose that a potential Republican presidential win, particularly by Donald Trump, could undo the rescheduling process. However, these are only rumors with no factual backing.
Industry insiders, including lobbyists, lawyers and some marijuana executives argue that the December hearing should not be surprising, emphasizing that the rescheduling process initiated by Biden’s executive order in October 2022 remains on track.
The final rule publication will follow the administrative law judge’s hearing, although no specific timeline is mandated by the Administrative Procedure Act. Barring any extended legal challenges, a final decision could still be made before Biden’s term ends on Jan. 25, 2025.
The specifics of who will participate in the December hearing remain unclear. As the industry prepares its case, experts anticipate a showdown with familiar opponents such as Smart Approaches to Cannabis.
About CNW420
CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of an article each business day at 4:20 p.m. Eastern – a tribute to the time synonymous with cannabis culture. The concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.
To receive SMS alerts from CNW, text CANNABIS to 888-902-4192 (U.S. Mobile Phones Only)
For more information, please visit https://www.CannabisNewsWire.com
Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW, wherever published or re-published: https://www.CannabisNewsWire.com/Disclaimer
CannabisNewsWire
Denver, CO
www.CannabisNewsWire.com
303.498.7722 Office
Editor@CannabisNewsWire.com
CannabisNewsWire is powered by IBN
by Grow Up Conference | Sep 10, 2024 | Media Partners, Stratcann
A BC-based credit union that has partnered with a BC financing agency to provide invoice factoring to BC cannabis producers says they have already provided more than $5 million in payments to the industry since launching earlier this year.
They’re ready to expand the program to more BC cannabis growers and processors.
Community Savings and We Can Capital Inc. first launched the pilot project in February aimed at giving BC cannabis producers more direct access to working capital, allowing participants to essentially sell their invoices from the BC or Ontario distribution centres.
Factoring is a financial service where a business can sell its outstanding invoices to a factoring company in exchange for immediate cash.
Under the program, a BC cannabis producer delivers its finished goods and issues an invoice to the provincial board with which they have a sales agreement. Rather than waiting 14, 30, or even 60 days for payment from the province, producers can sell that invoice, receiving a 75-82.5% advance from Community Savings and We Can Capital on the same day.
“Cannabis businesses should have access to the same banking products as every other business in Canada,” says Mike Schilling, President and CEO of Community Savings Credit Union. “We are proud to be a pro-cannabis industry credit union that is fighting against banking discrimination and stepping up to provide affordable access to invoice factoring for licensed producers.”
“The fact that we just launched this program in February and have already achieved $5.3 million in invoice factoring this year, demonstrates the need and demand for this service. We are here to support BC cannabis producers and help grow their businesses.”
As an example of how the program has matured, Community Savings says it has already been able to increase the purchasing limit from $500,000 to $750,000 for Nelson, BC-based cannabis producer Woody Nelson.
Toby Summers, Director of Woody Nelson Inc., said: “Community Savings’ and We Can Capital’s foresight to create offerings to support BC’s underserved cannabis industry has been transformative for Woody Nelson. The liquidity provided by Community Savings’ factoring line has ensured Woody Nelson has the necessary supply chain inventory to support rapid growth, which has been instrumental in achieving our first quarter of positive EBITDA.”
Joshua Reynolds, Partnership Director of We Can Capital Inc., says the success of a company like Woody Nelson, which he says has been able to increase its output because of the more ready access to capital, proves the factoring program works and proves they are ready to move out of the pilot phase and expand it to more BC producers.
“Partnering with Community Savings to work with Toby and the Woody Nelson team reaffirms my dedication to bolstering the financial stability of this dynamic industry. Witnessing firsthand the transformative impact of instant working capital on a company is truly inspiring. It’s a privilege for We Can Capital to contribute to such a vital sector and support the growth and success of businesses like Woody Nelson.”
Earlier this year, Dayna Lange, the CFO of Tricanna Industries and Community Savings Credit Union cannabis member, told StratCann the program will help cannabis producers like Tricanna build better supply chain relationships.
“Having instant access to our own money has been a game-changer for the way we approach the continued growth and reputation of our business,” says Lange. “With a one-day funding and settlement model, we are able to continue to increase sales and maintain strong relationships with our suppliers. This is long overdue, and we are very encouraged to see mainstream financial services supporting BC cannabis.”
by Grow Up Conference | Sep 10, 2024 | Grow Opportunity, Media Partners
(Globe Newswire) Vancouver – HYTN Innovations Inc., a pharmaceutical company specializing in the development, formulation, and manufacturing of psychoactive and psychotropic compounds, including cannabinoids and psilocybin, is proud to announce the establishment of international manufacturing and pricing agreements with 4C LABS, a leading importer and distributor of cannabis-based pharmaceuticals in the United Kingdom. These agreements aim to enable the production of cannabis products in bulk and final packaged forms for distribution in the UK and other global markets. Through this partnership HYTN will act as the manufacturer, packager and exporter of pharmaceutical quality cannabis goods that 4C LABS may purchase and subsequently import and distribute into the UK market.
HYTN’s Good Manufacturing Practice (GMP) license, granted by Health Canada, and its PIC/S certification from Australia’s Therapeutic Goods Administration (TGA), are key credentials that enable partnerships with internationally accredited distributors, these credentials, combined with 4C LABS’ expertise and licences in cannabis operations in the UK, create a robust foundation for the business collaboration with 4C Labs. Under the Agreements, HYTN intends to manufacture new products for 4C LABS while also serving as a co-manufacturing center for the production of existing products currently produced at various locations, with the aim of enhancing operational efficiency for both companies. The agreements do not provide for a fixed, mandatory or minimum order by 4C LABS.
“This partnership validates the ongoing regulatory work HYTN has been undertaking,” stated Elliot McKerr, CEO of HYTN. Adding “By integrating 4C Labs’ deep understanding of cannabisprocurement and consumer demand with our advanced GMP-certified manufacturing processes, we are well-positioned to deliver high quality cannabis products to international markets. This collaboration not only highlights our commitment to expanding the company’s global presence but also marks a significant milestone in HYTN’s advancement into non-sterile pharmaceutical production.”
Greg Dobbin, CEO of 4C LABS, added, “Partnering with HYTN provides us with a significant competitive advantage. HYTN’s proximity to high quality Canadian cannabis flower, coupled with their rigorous adherence to GMP standards and innovative manufacturing platform, will allow us to work towards delivering top quality products and competitive pricing to our customers.”
While the initial focus of this partnership is to supply products to the UK market, both companies recognize substantial growth opportunities in Germany and Australia. The German medical cannabis market is rapidly emerging as one of Europe’s largest, with an estimated value of CAD $2 billion1, while the Australian market, valued at over AUD $200 million in 20222, continues to expand. As these markets require GMP-certified production and distribution, both firms have identified this partnership as providing the necessary framework to support global expansion.
by Grow Up Conference | Sep 10, 2024 | Grow Opportunity, Media Partners
By Lindsay Whitehurst And Stephany Matat
WASHINGTON (AP) — Donald Trump has signaled support for a potentially historic federal policy shift to reclassify marijuana as a less dangerous drug, putting his position in line with that of his Democratic opponent, Kamala Harris.
The commonality reflects a major shift toward broad public support for legalization in recent years and marks the first time that both major-party presidential candidates support broad cannabis reform, according to the U.S. Cannabis Council.
The Republican presidential nominee posted on his social media platform late Sunday that he would “continue to focus on research to unlock the medical uses of marijuana to a Schedule 3 drug,” and also said he would be voting “yes” on a proposal to allow the sale of marijuana to adults for any reason in Florida.
Coming shortly before the two will meet for a pivotal debate, Trump’s post sets up the possibility that he could criticize Harris for her past cannabis prosecutions when she was district attorney in San Francisco. Because drug prosecutions disproportionately affect nonwhite defendants in the U.S., the line of attack could also fit with Trump’s efforts to increase his support among nonwhite men.
Harris backs decriminalization and has called it “absurd” that the Drug Enforcement Administration now has marijuana in the Schedule I category alongside heroin and LSD. Earlier in her career, she oversaw the enforcement of cannabis laws and opposed legalized recreational use for adults in California while running for attorney general in 2010.
Harris has absorbed attacks on her prosecutorial record on the debate stage before, most notably from Democrat-turned-Trump supporter Tulsi Gabbard, who ran for the Democratic presidential nomination in 2020 and announced in 2022 that she was leaving the party.
Trump said during his 2016 run that pot policy should be left up the states. During his term in the White House, though, then-Attorney General Jeff Sessions lifted an Obama-era policy that kept federal authorities from cracking down on the marijuana trade in states where the drug is legal.
The DEA process to change the drug’s federal classification is already underway, kickstarted by President Joe Biden’s call for a review. But the DEA hasn’t made a final decision on the shift, which would not legalize recreational marijuana outright. It may not decide until the next presidential administration, putting a spotlight on the candidates’ positions.
Federal drug policy has lagged behind that of many states in recent years, with 38 having already legalized medical marijuana and 24 legalizing recreational use.
About 70% of adults supported legalization in a Gallup poll taken last year, the highest level yet recorded by the polling firm and more than double the roughly 3 in 10 who backed it in 2000. Support was even higher among young voters, a key demographic in seven main battleground states.
“We believe cannabis reform is a winning issue,” said David Culver, senior vice president of public affairs at the U.S. CannabisCouncil, in a statement Monday.
The federal policy shift would wouldn’t legalize marijuana outright for recreational use. Instead, it would move marijuana out of Schedule I to the Schedule III category, alongside ketamine and some anabolic steroids.
The proposed shift is facing opposition from advocates who say there isn’t enough data and from attorneys general in more than a dozen states, according to the group Smart Approaches to Marijuana.
Trump chimed in on the ballot question on the same day that Florida Gov. Ron DeSantis, a fellow Republican who previously challenged him for the 2024 presidential nomination, spoke at City Church Tallahassee, where he ardently opposed two ballot initiatives this November: one to enshrine abortion rights and the other to legalize recreational marijuana.
For months DeSantis has publicly opposed the marijuana amendment, saying it would reduce the quality of life in Florida cities by leaving a marijuana stench in the air.
The Florida Republican Party has also formally denounced the amendment, saying in a May resolution that it would “benefit powerful marijuana special interests, while putting children at risk and endangering Florida family-friendly business and tourism climates.”
___
Matat reported from West Palm Beach, Fla. Associated Press writer Bill Barrow in Atlanta contributed to this report.
by Grow Up Conference | Sep 10, 2024 | Media Partners, Psychedelic News Wire
Interest in psychedelics has increased significantly these last few years, with researchers finding out more about the potential mental health benefits of substances such as LSD, mescaline, DMT and psilocybin. Thus far, research has determined that these drugs induce intense emotional experiences and alter individuals’ perception and cognition, with some also causing mystical experiences.
Now, a recently conducted review has found that the therapeutic potential of these substances extends beyond mystical experiences.
The study authors argued that psychedelic benefits weren’t universal, noting that the drugs could also induce existential crises, anxiety and depersonalization. In their review, they highlight the importance of understanding these serious effects, particularly in a clinical context, because they may play a significant role in both the risks and benefits linked to psychedelic therapy.
The review also criticizes techniques used to measure the acute subjective effects of these substances, calling attention to the limitations and inconsistencies that impede clinical practice as well as research. Acute subjective effects include heightened affect, visual alterations, ineffability, emotional breakthrough and a sense of connectedness, among others.
Tools such as the 5D Altered States of Consciousness scale and the Mystical Experience Questionnaire have been used to evaluate these effects. Despite these tools being popular, the authors claim that they may not sufficiently forecast long-term therapeutic outcomes or even capture the entire range of experiences.
To make any advancements in this field, the authors demand that new and more comprehensive measures be developed which can accurately evaluate the diverse acute effects of psychedelics. This, they note, should include the creation of tools validated via strict empirical tests.
The authors’ findings have huge implications for the future of psychedelic therapy and research.
It is expected that scientists will be able to better understand how these substances affect the mind and how they contribute to mental health once the focus shifts from mystical experiences. This, in turn, may facilitate the development of efficacious therapeutic protocols that minimize the risks of these drugs while maximizing their benefits.
The need for empirically validated and data-driven measures becomes more important as scientific and public interest in psychedelics continues to increase. The review provides recommendations for clinicians and researchers alike, including suggestions on the development of next-gen psychometric tools and best practices for measuring acute subjective effects.
The review was authored by Roland R. Griffiths, Brandon Weiss, Sean P. Goldy and David B. Yaden. The researchers’ findings were published in “Nature Reviews Psychology.”
This study provides plenty of food for thought for the broader psychedelics industry, including companies such as Mind Medicine Inc. (NASDAQ: MNMD) (NEO: MMED) (DE: MMQ), to find more rigorous ways of measuring the effects of psychedelics on the mind. This is particularly critical given the recent rejection by the FDA of an MDMA drug with a recommendation that another phase 3 trial be done.
About PsychedelicNewsWire
PsychedelicNewsWire (“PNW”) is a specialized communications platform with a focus on all aspects of psychedelics and the latest developments and advances in the psychedelics sector. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, PNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, PNW brings its clients unparalleled recognition and brand awareness. PNW is where breaking news, insightful content and actionable information converge.
To receive SMS alerts from PsychedelicNewsWire, text “Groovy” to 888-902-4192 (U.S. Mobile Phones Only)
For more information, please visit https://www.PsychedelicNewsWire.com
Please see full terms of use and disclaimers on the PsychedelicNewsWire website applicable to all content provided by PNW, wherever published or re-published: https://www.PsychedelicNewsWire.com/Disclaimer
PsychedelicNewsWire
San Francisco, CA
www.PsychedelicNewsWire.com
415.949.5050 Office
Editor@PsychedelicNewsWire.com
PsychedelicNewsWire is powered by IBN
by Grow Up Conference | Sep 10, 2024 | Media Partners, Stratcann
Police in Hay River in the Northwest Territories have charged a 70-year-old-man under the Cannabis Act after they found 40 cannabis plants on his property.
Hay River RCMP noted the plants when responding to a call for service at a residence in August. On Friday, September 6 RCMP obtained a search warrant to investigate the plants further, resulting in 40 confiscated plants.
The man was charged with possessing more than four cannabis plants, and is set to appear in court at a future date.
Adults 19 and over can grow up to four cannabis plants per household in the Northwest Territories (NWT). Plants must be grown indoors.
Hay River is located on the south shore of Great Slave Lake and has a population of about 3,000 people. There are six approved cannabis vendors in NWT, one of which is also authorized to sell online within the Territory.
by Grow Up Conference | Sep 9, 2024 | Media Partners, Stratcann
The BC government has filed its fourth unexplained wealth order (UWO) application, seeking to seize $5.6 million worth of properties connected to what police say was a large, illegal cannabis production and distribution business.
Police became aware of the three houses, two in Vancouver and one in Abbotsford, after they responded to reports of shots being fired at an east Vancouver residence in September 2022.
In their investigation, police found more than $1.5 million in Canadian and US cash, spent shell casings, and an illicit cannabis operation along with packaged cannabis. The investigation also led police to an illicit cannabis operation at the Abbotsford property, operating outside of the scope of medical production authorizations, as well as a large amount of cash at another Vancouver property.
The civil forfeiture suit, first filed on December 4, 2023, names Jianxin Uang and Xiao Zhen Jean Li. Huang was arrested for murder on October 18, a little over a month after the reports of shots fired that opened the investigation on Sept. 10. One man was reported dead, according to the Vancouver Police Department (VPD), while another was said to be recovering.
“We are steadfast in identifying people who are involved with guns, gangs and drugs, and seizing their ill-gotten assets to prevent them from profiting from the misery of others,” said Mike Farnworth, Minister of Public Safety and Solicitor General, in a press release on September 9.
“We believe these properties, money and other items are proceeds and instruments of unlawful activity, namely, the black-market production and illegal distribution of cannabis. Through this court application, we are seeking a court order that will require the defendants to produce evidence to prove these items were received and purchased through legal means, and the source of the cash is legitimate.”
Last year, the BC government passed the Civil Forfeiture Amendment Act, 2023, giving it the power to begin legal proceedings against property connected to illegal cannabis grow operations. The government had pursued such cases prior to the passage of the 2023 law, as well. BC’s civil forfeiture program was created in 2006 and has come under criticism from civil liberties groups.
In December 2023, the BC Supreme Court put a pause on the province’s efforts to seize $12 million in properties connected to illegal cannabis and psilocybin dispensaries.
In May 2024, The BC Civil Forfeiture Office began civil forfeiture proceedings against two properties following investigations into the sale and distribution of illicit cannabis by a company operating in Surrey, BC. The investigations by Surrey RCMP into the illicit sales and distribution of cannabis took place from April 2020 to February 2022. The two properties are located in Maple Ridge and Mission.
Featured image of 4372 Victoria Dr in Vancouver via Google Maps
by Grow Up Conference | Sep 9, 2024 | Media Partners, Stratcann
On September 3, RCMP in Nova Scotia seized thousands of grams of cannabis from an unlicensed store, including a variety of “copycat” edible items.
East Hants District RCMP executed a search warrant at a storefront in Mount Uniacke, about an hour northwest of Halifax. Investigators say they located and seized around ten thousand grams of dried cannabis, as well as items associated with the illegal sale of cannabis, and a truck and trailer.
An image of the copycat products includes products packaged to look like common children’s cereals like Apple Jacks, Trix, and Fruit Loops, along with candy-like Kit Kat, Hershey, Skittles Nerds, and more.
“We located and seized cannabis products in bags and boxes that look like regular chocolate bars, candy, and cereal,” says Sgt. Scott Macrae, Operations NCO for East Hants District RCMP, in a press release. “Using branding and logos similar to familiar products means that these items could easily be consumed by kids who don’t realize that they are eating a cannabis edible.”
Such products are not uncommon in the illicit market. In December 2022, Health Canada released a warning regarding so-called “copycat edibles” increasingly being sold illegally across Canada and are often made to look like common sweets and snack foods.
While executing the search warrant, officials arrested two men, a 33-year-old of Kentville and a 29-year-old from Falmouth. The two are facing charges under the Cannabis Act, including possession for the purpose of selling and promotion of cannabis. Both men have been released pending upcoming court appearances.
The Nova Scotia Liquor Corporation operates 50 NSLC cannabis stores in the province. Google Maps shows one unlicensed cannabis store in the Mount Uniacke area, Greenwolf Cannabis. There was no answer when StratCann called the location prior to publication.
Law enforcement in Nova Scotia arrested three men on August 27 in Amherst when the Cumberland Integrated Street Crime Enforcement Unit (CISCEU) executed a search warrant at a trailer where cannabis was allegedly being sold.
On August 26, Kings District RCMP in Nova Scotia executed new search warrants at two illegal cannabis storefronts, one on Hwy. 12 in Welton Landing and one on Commercial St. in New Minas. Both locations were the subjects of previous warrants executed in July 2024.
Several staff members were arrested, and officers executed search warrants, leading to seizures of illicit cannabis, tobacco, and psilocybin. Officers also seized a trailer and pickup truck.
by Grow Up Conference | Sep 9, 2024 | Cannabis News Wire, Media Partners
Donald Trump recently stated that he was confident Florida voters would pass the cannabis legalization initiative during the November ballot. He emphasized that since marijuana is already legal in many other states, it is unfair for someone to be prosecuted as a criminal in Florida.
In addition, Trump attacked the status quo regulations, saying they endanger public health, destroy lives and expose individuals to fentanyl-contaminated marijuana. If voters approve the measure, he encouraged lawmakers to take action by passing legislation outlawing marijuana use in public places.
Former Florida GOP chair, Senator Joe Gruters, praised Trump’s support for legalization. He said, “I am extremely proud to have President Trump join us in our effort to end the unnecessary incarcerations and arrests of adults for minor cannabis possession and to provide Floridians with the same freedom to access safe, vetted products that over half of the nation already practices.”
In line with Trump’s position, Gruters has pledged to support legislation that would outlaw marijuana use in public places should voters approve the legalization initiative.
Trump told a news reporter at a press conference in August 2024 that he was increasingly inclined to believe that people should not be criminalized for using cannabis, especially since the substance is becoming legalized nationwide. He suggested that he would soon make public his formal stance on the Florida marijuana ballot initiative.
Roger Stone, a longtime ally and Republican strategist, who resides in Florida and supports the legalization initiative, later commented that if Trump does endorse the measure, it would almost certainly lead to its approval.
Meanwhile, Representative Nancy Mace, who is sponsoring the States Reform Act to federally legalize cannabis, expressed her hope that Trump will support the Biden administration’s effort to reschedule cannabis. She also noted that many GOP lawmakers in Congress have been hesitant to embrace cannabis policy reform due to fear.
In his recent comments, Trump also criticized Vice President Kamala Harris for her record on marijuana prosecutions, claiming that she incarcerated thousands of Black individuals for cannabis-related offenses. Although this characterization of Harris’s record is somewhat exaggerated, it highlights Trump’s evolving stance on cannabis decriminalization and his willingness to leverage the issue in the political arena.
Harris has chosen Minnesota Governor Tim Walz as her running mate. Walz has been a strong advocate for marijuana reform, supporting various legislations in Congress and, as governor, signing a comprehensive marijuana legalization bill into law last year.
Marijuana companies such as Curaleaf Holdings Inc. (CSE: CURA) (OTCQX: CURLF) will be watching the presidential campaigns to see whether momentum is created for making serious changes at the federal level with regard to marijuana policy.
About CNW420
CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of an article each business day at 4:20 p.m. Eastern – a tribute to the time synonymous with cannabis culture. The concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.
To receive SMS alerts from CNW, text CANNABIS to 888-902-4192 (U.S. Mobile Phones Only)
For more information, please visit https://www.CannabisNewsWire.com
Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW, wherever published or re-published: https://www.CannabisNewsWire.com/Disclaimer
CannabisNewsWire
Denver, CO
www.CannabisNewsWire.com
303.498.7722 Office
Editor@CannabisNewsWire.com
CannabisNewsWire is powered by IBN
Recent Comments