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White House Drug Czar Applauds Biden’s ‘Historic’ Marijuana Actions, Says Youth Cannabis Concerns Shouldn’t ‘Nullify’ Medical Benefits
https://www.marijuanamoment.net/white-house-drug-czar-applauds-bidens-historic-marijuana-actions-says-youth-cannabis-concerns-shouldnt-nullify-medical-benefits/
Marijuana Legalization And Expungement Bills Filed In U.S. Virgin Islands After Governor Puts Pressure On Senate Sponsor
https://www.marijuanamoment.net/marijuana-legalization-and-expungement-bills-filed-in-u-s-virgin-islands-after-governor-puts-pressure-on-senate-sponsor/
Marijuana regulator plans to 'expose,' stop illicit product amid industry complaints
https://www.420intel.com/articles/2022/10/26/marijuana-regulator-plans-expose-stop-illicit-product-amid-industry-complaints
Hemp Homes: cooler, safer building could be in Arizona’s future
https://www.420intel.com/articles/2022/10/25/hemp-homes-cooler-safer-building-could-be-arizona%E2%80%99s-future
Constellation Brands Announces Plan to Convert Common Stock Holding in Canopy Growth
https://www.asiaone.com/business/constellation-brands-announces-plan-convert-common-stock-holding-canopy-growth
Missouri Activists Pull Marijuana Legalization Ad Following Police Complaint But Release Revised Versions Ahead Of Election
https://www.marijuanamoment.net/missouri-activists-pull-marijuana-legalization-ad-following-police-complaint-but-release-revised-versions-ahead-of-election/
Canopy Growth speeds up U.S. entry instead of waiting until federal cannabis legalization
https://www.marketwatch.com/story/canopy-growth-speeds-up-u-s-entry-instead-of-waiting-until-federal-cannabis-legalization-11666702699
Canopy Growth Corp. said Tuesday it will no longer wait until federal legalization to buy three U.S. cannabis companies amid opportunities to benefit from strong growth in state-by-state cannabis sales.
Canopy Growth Corp. ‘s U.S.-listed shares CGC, 20.52% WEED, 19.68% rose 3.9% in premarket trade on Tuesday after the Canadian cannabis company announced a plan to consolidate its U.S. cannabis assets into a new holding company called Canopy USA.
The holding company has an exchangeable share structure aimed at triggering full ownership of U.S. cannabis investments.
Canopy USA will house New York-based cannabis company Acreage Holdings Inc. ACRDF, -14.98%, Colorado-based cannabis edibles specialist Wana Brands and California extracts maker Jetty and allow Canopy to exercise rights to own 100% of the companies.
Third-party investors will hold 100% of the common shares of Canopy USA, the company said. Constellation Brands Inc., which invested $4 billion in Canopy when Canada fully legalized cannabis for adult use in 2018, will remain the largest shareholder in Canopy Growth. Its ownership stake remains unchanged following this announcement, but Constellation will not have a direct ownership in Canopy USA.
Canopy Chief Executive David Klein said the company expects the U.S. market to be worth more than $50 billion by 2026. The new structure allows Constellation to remain in compliance with U.S. cannabis laws.
Cannabis can help manage menopause, study suggests
https://www.420intel.com/articles/2022/10/24/cannabis-can-help-manage-menopause-study-suggests
President Biden's Cannabis Scheduling Directive Is a Game Changer
https://www.jdsupra.com/legalnews/president-biden-s-cannabis-scheduling-9820338/
Elected Officials, community leaders urge voters to Legalize Cannabis
https://www.420intel.com/articles/2022/10/24/elected-officials-community-leaders-urge-voters-legalize-cannabis
Leaked draft of German government’s cannabis reform would ban imports — FOR NOW
https://www.marketwatch.com/story/leaked-draft-of-german-governments-cannabis-reform-would-ban-imports-for-now-11666356767
Germany Cannabis Legalization Draft Leaks, Criticism Rolls in
https://www.thestreet.com/investing/germany-cannabis-legalization-draft-leaks-criticism-rolls-in
However, Germany's insistence on a ban on imported cannabis could hamper the country's own stated goals of eliminating the illicit market.
"We should make imported cannabis a reality as soon as possible," in order to meet demand, Kouparanis said. "Domestic production alone will hardly be able to meet Germany’s demand for adult-use cannabis from day one."
The Cannabis question: What would legalizing recreational pot mean for North Dakota?
https://www.420intel.com/articles/2022/10/20/cannabis-question-what-would-legalizing-recreational-pot-mean-north-dakota
Australian Lawmakers Approve Drug Decriminalization Bill For Federal Territory That Includes Nation’s Capital
https://www.marijuanamoment.net/australian-lawmakers-approve-drug-decriminalization-bill-for-federal-territory-that-includes-nations-capital/
Why Constellation Brands Remains Bullish on Canopy Growth
https://www.fool.com/investing/2022/10/20/why-constellation-brands-remains-bullish-on-canopy/
Why Constellation Brands remains optimistic
Rather than selling the troubled investment in the cannabis company, which continues to incur losses, Constellation Brands remains committed to the Canadian pot producer. On Constellation's latest earnings call, Chief Executive Officer Bill Newlands said that, "While the impairment of our Canopy investment is clearly disappointing, it is not indicative of a significant long-term market opportunity that still exists for the legal cannabis market."
Newlands specifically pointed to Canopy Growth's pending deals to acquire U.S. companies, including multistate operator Acreage Holdings and edibles maker Wana Brands, stating that the business is "positioning [itself] to have the right brands that will matter over the long run here in the U.S." He also said that "the companies that Canopy invested in to establish its U.S. ecosystem continued to perform strongly and to scale."
Acreage Holdings reported revenue of $61.4 million in the second quarter, a 39% increase from the same period a year earlier. However, the company incurred a net loss of $10.6 million compared with a net loss of $3.3 million in the year-ago period. Wana Brands is a private company, so its financials aren't public. Canopy Growth can't include the results of these and other U.S. companies it plans to invest in because it can't close on these acquisitions until marijuana is federally permitted in the U.S., so it can be challenging for investors to get a view of what the full business would look like today on a pro forma basis.
A big reason Constellation remains bullish is simply due to the potential for the industry as a whole. Cannabis is one of the most promising places to invest in today. Analysts from Fortune Business Insights project that the global cannabis market will grow at a compounded annual rate of 32% until 2028, and by then it will be worth almost $198 billion compared with $28 billion in 2021.
Two In Three Americans Want Congress To Pass Marijuana Banking Reform, American Bankers Association Poll Finds
https://www.marijuanamoment.net/two-in-three-americans-want-congress-to-pass-marijuana-banking-reform-american-bankers-association-poll-finds/
What would recreational marijuana mean for West Memphis dispensaries?
https://www.420intel.com/articles/2022/10/20/what-would-recreational-marijuana-mean-west-memphis-dispensaries
Biden order adds momentum to bipartisan Marijuana bill
https://www.420intel.com/articles/2022/10/20/biden-order-adds-momentum-bipartisan-marijuana-bill
Marijuana use is becoming the new normal, according to data
https://www.420intel.com/articles/2022/10/20/marijuana-use-becoming-new-normal-according-data
Medical Marijuana patients need greater protection from unwarranted arrests
https://www.420intel.com/articles/2022/10/20/medical-marijuana-patients-need-greater-protection-unwarranted-arrests
NHL and Cannabis: A Power Play Goal
https://hightimes.com/sports/nhl-and-cannabis-a-power-play-goal/
Deschedule Cannabis, Don’t Reschedule It: Part 2
https://harrisbricken.com/cannalawblog/deschedule-cannabis-dont-reschedule-it-part-2/
Maryland Legislative Marijuana Workgroup Meets To Prepare For Legalization As Polls Signal Referendum Passage
https://www.marijuanamoment.net/maryland-legislative-marijuana-workgroup-meets-to-prepare-for-legalization-as-polls-signal-referendum-passage/
Recreational marijuana is the future
https://www.420intel.com/articles/2022/10/19/recreational-marijuana-future
Cannabis legalization goes up for a vote Nov. 8 in five states with a combined adult population of 13 million
https://www.marketwatch.com/story/cannabis-legalization-goes-up-for-a-vote-nov-8-in-five-states-with-a-combined-adult-population-of-13-million-11666124771
Oklahoma Announces Special Election For Marijuana Legalization Initiative In March 2023
https://www.marijuanamoment.net/oklahoma-announces-special-election-for-marijuana-legalization-initiative-in-march-2023/
Biden Tells Young Voters ‘I’m Keeping My Promise’ On Marijuana In Speech At Pre-Midterm Rally
https://www.marijuanamoment.net/biden-tells-young-voters-im-keeping-my-promise-on-marijuana-in-speech-at-pre-midterm-rally/
Biden Tells Young Voters ‘I’m Keeping My Promise’ On Marijuana In Speech At Pre-Midterm Rally
https://www.marijuanamoment.net/biden-tells-young-voters-im-keeping-my-promise-on-marijuana-in-speech-at-pre-midterm-rally/
BankThink Legal cannabis needs banking services now
https://www.americanbanker.com/opinion/legal-cannabis-needs-banking-services-now
Why Republicans should support descheduling marijuana
https://www.presstelegram.com/2022/10/18/why-republicans-should-support-descheduling-marijuana-mark-meuser/
sorry I am not a subscriber,but if anyone is could you please cut and paste this article
Attorney Shimmy Posen Discusses Legalization, the Global Marketplace
https://hightimes.com/culture/attorney-shimmy-posen-discusses-legalization-the-global-marketplace/
Gadsden joins Glencoe in passing ordinance opening door for medical cannabis industry
https://www.420intel.com/articles/2022/10/18/gadsden-joins-glencoe-passing-ordinance-opening-door-medical-cannabis-industry
Global Hemp Seeds Market Size to Grow at a CAGR of 11.20%
https://www.420intel.com/articles/2022/10/18/global-hemp-seeds-market-size-grow-cagr-1120
At the two year mark Missouri Marijuana sales have brought in $500 million in revenue at retail
https://www.420intel.com/articles/2022/10/18/two-year-mark-missouri-marijuana-sales-have-brought-500-million-revenue-retail
Could Czechia become second EU country to legalise recreational cannabis?
https://english.radio.cz/could-czechia-become-second-eu-country-legalise-recreational-cannabis-8764554
Pennsylvania Launches $200,000 Grant Program To Support Hemp Marketing And Consumer Awareness
https://www.marijuanamoment.net/pennsylvania-launches-200000-grant-program-to-support-hemp-marketing-and-consumer-awareness/
Switzerland fully legalises medicinal cannabis
https://www.420intel.com/articles/2022/10/18/switzerland-fully-legalises-medicinal-cannabis
Why we should legalise Marijuana
https://dorseteye.com/why-we-should-legalise-marijuana/
Former Arkansas Gov. Mike Huckabee Slams Cannabis Industry, Says It Targets ‘Gullible’ People
https://hightimes.com/news/former-arkansas-gov-mike-huckabee-slams-cannabis-industry-says-it-targets-gullible-people/
Federal Bulletin: Economic Arguments for Cannabis Legalization
https://harrisbricken.com/cannalawblog/federal-bulletin-economic-arguments-for-cannabis-legalization/