News

California is one step closer to legalizing psychedelics. A State Senate committee approved a bill that legalizes possessing certain psychedelic substances. The bill looks to legalize the “possession, preparation, obtaining, transfer, as specified, or transportation” of small amounts of psilocybin, psilocin, DMT, ibogaine and mescaline for personal use. LSD and MDMA will remain illegal due …

Raphael Mechoulam, the Israeli chemist who first isolated THC, died in his home. He was 92 years old. The American Friends of the Hebrew University confirmed his death. Mechoulam had been a professor at the university since 1966. Who Was Raphael Mechoulam? Raphael Mechoulam was an Israeli organic chemist and professor of Medicinal Chemistry at …

An economic winter is coming, but don’t worry; we’ve compiled ten ways cannabis can revive a depressed economy. When many people hear “cannabis,” they may think of it as a recreational activity or a medical necessity. And it is. But it’s more than that. So while politicians will inevitably announce “stimulus” and bailouts, the real …

Can cannabis cause psychosis? Public health busybodies will list negative aspects of cannabis as an argument either against legalization or for the “public health” model of legalization (which, in Canada’s case, has been a complete failure). So if you’re playing public health bingo, you can stamp psychosis next to anxiety, depression, cardiovascular disease, and other …

Cannabis‘ public health harms need a thorough debunking. We’ve covered the cannabis industry‘s public health problem before. But now we’ve got a recent review of existing studies. And the results are favourable for us and unfavourable for public health prohibitionists. Of course, the problem is “public health” itself. Like “public education,” it confuses the state …

Did New Hampshire vote to legalize cannabis without regulations or restrictions? The New Hampshire House of Representatives has approved two bills to legalize cannabis. About a month ago, the House passed your typical legalization bill, including taxes and regulations. While that’s tied up in the Senate, the House has introduced a “simple” legalization bill. House …

Is a 2023 cannabis recession inevitable? While an economic downturn is inevitable, how the cannabis industry weathers the storm remains to be seen.  For sure, saturated retail markets will feel the hit as consumers cut back or make more discerning purchases. And large-scale industrial grows that have been more about selling equity than weed will …

According to a top German official, Germany is one step closer to legalization. The coalition government plans to move forward with cannabis legalization after receiving “very good feedback” from the European Union (E.U.). German Health Minister Karl Lauterbach is confident Germany will introduce legalization legislation “in the next few weeks,” reports the German press. “We …

In a rather stunning proclamation via the United Nations official Twitter account out of Vienna Austria the International Narcotics Control Board has stated that at a federal level the United States is violating the 1961 Single Convention on Narcotic Drugs. Specifically the INCB expresses concern over cannabis’ “highly addictive” nature that makes it “liable to …

What is the relationship between Silicon Valley Bank (SVB) – the largest U.S. bank failure since 2008 – and the cannabis industry? Fortunately, SVB doesn’t (or didn’t?) have any cannabis companies as significant clients. Despite the venture capital investors have pumped into the industry, U.S. cannabis banking remains elusive. That said, the cannabis industry will …