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Legalizing Psychedelics: California & the United States

March 24, 2023 Published by

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 to an appeal to nature. While earlier versions of the bill included them, some felt LSD and MDMA are synthetic and thus not genuine plant-based […]

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Raphael Mechoulam, RIP

March 23, 2023 Published by

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 the Hebrew University of Jerusalem. Cannabis research and Mechoulam are essentially synonyms. This, of course, is likely due to his discovery and isolation of delta-9-tetrahydrocannabinol […]

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Ten Ways Cannabis Can Revive a Depressed Economy

March 22, 2023 Published by

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 solution will come from entrepreneurs in a free market. And since Canada has already legalized cannabis, that’s one hurdle out of the way. Next, cut […]

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Can Cannabis Cause Psychosis?

March 21, 2023 Published by

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 “harms” associated with cannabis. Of course, only .047% of cannabis consumers seek medical help for psychosis. So what’s the rationale behind this belief? Or is […]

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Cannabis Public Health Harms Debunked

March 20, 2023 Published by

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 for civil society. It assumes that individual adults, private organizations, healthcare providers, insurance companies, and other agencies cannot determine and provide quality and accessible healthcare. […]

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New Hampshire Votes to Legalize Without Regulations

March 17, 2023 Published by

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 Bill 639 is a “simple” legalization bill that would remove cannabis from the state’s list of controlled substances. It also removes cannabis-related offences from the […]

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Cannabis Recession 2023

March 16, 2023 Published by

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 feel the impact.  But why? Why has the value of cannabis stocks been removed from fundamentals? Why are small cannabis business owners – through no […]

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Germany One Step Closer to Legalization

March 15, 2023 Published by

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 will soon present a proposal that works, that is, that conforms to European law,” said Lauterbach. Why Germany Needs the E.U.’s Support Germany took a […]

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Silicon Valley Bank (SVB) & the Cannabis Industry

March 14, 2023 Published by

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 feel SVB’s collapse. Here’s how. Silicon Valley Bank (SVB) & the Cannabis Industry While SVB has no major cannabis companies on their roster, there were […]

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Texas Decriminalizes Cannabis?

March 13, 2023 Published by

Texas is one step closer to decriminalizing cannabis. House Bill 218, which received unanimous support, was approved in a 9-0 vote last week. Texas’ decriminalization bill removes arrest and jail time for low-level possession of cannabis. It will also allow for the eventual expungement of records. This isn’t the first time Texas has attempted to decriminalize cannabis. In 2019 and 2021, the House of Representatives passed cannabis decriminalization bills. The Senate, led by Lt. Gov. Dan Patrick, shot down both […]

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