The spotlight this week is on presumptive Democratic presidential nominee Joe Biden and his stance on cannabis legalization. Retailers adjust to the tourism downturn. Canopy Growth scales back. And researchers outline how cannabis treats headaches and migraines.
🌿 CARES Act & Cannabis 🌿
We take look at the CARES Act for cannabis companies. March sales paint a new picture of the industry. iAnthus can't make its interest payments. A new study finds that cannabis may help ease symptoms of opioid withdrawal. And cannabusinesses give back to their communities.
🌿 Virtual 4/20 Celebrations 🌿
Illinois shops in March sell almost $36 million of recreational products. Epidiolex is no longer a controlled substance. Senators push for cannabusinesses to gain access to federal loan programs. And companies opt for virtual 4/20 celebrations.Â
🌿 What’s a Standard Dose of THC? 🌿
A federal agency wants to create a standard THC dose. The industry sees more M&A setbacks. Home deliveries begin in Colorado. And we outline the medical benefits of the cannabinoid CBN.
🌿 Cannabis Industry Adjusts to a New Reality 🌿
COVID-19 shakes up the industry. Retailers cope with a boom in online orders and curbside deliveries. NY legalization see probable delays. High-profile cannabis company founders and executives step down. The DEA proposes a rule change for the expansion of marijuana research.
🌿 Cannabis & COVID-19 🌿
Retailers take preventative measures in response to coronavirus. Tilray sells stock for less than $50 per share. Two bills focused on cannabis for military veterans were approved by a congressional committee. The NFL ends player suspensions for positive marijuana tests. New studies find that cannabis has promising potential in the treatment of tumors.
🌿 Cannabis Tax Windfall for Illinois 🌿
Illinois gets a cannabis tax windfall in its first month of sales. The Vermont House passes a legalization bill. Clinical trials add further evidence for an antipsychotic potential of cannabidiol. We also take a look at how the coronavirus outbreak could affect the cannabis industry.
🌿 Top Cannabis Startups in 2020 🌿
Canopy Growth reports impressive earnings. New research finds that lasers can be used to tell hemp and marijuana apart. Pennsylvania and Kentucky make progress on legalization efforts. We also outline some of the top cannabis startups to look out for in 2020.
🌿 Early Success for Illinois 🌿
Illinois sees early success in its first month of legal adult-use transactions. More major layoffs hit the industry. Whoopi Goldberg exits her cannabis venture. And new scientific studies are released.
🌿 A Battle of NY Cannabis Proposals 🌿
A battle begins between executive and legislative proposals for NY legalization. Companies make plans for potential cannabis product recalls. The CEO of MedMen steps down. And new studies are released covering cannabis and Alzheimer's disease patients.