Psychedelics Clinical Trials Challenged By Size

There are more and more clinical trials for various psychedelic substances cropping up all the time. Some have completed phase III trials, others are closing in on phase III, the final step before FDA approval leading up to an approved drug that can be brought to market. But the scientific community is saying “not so... Continue Reading →

July Holiday Sales Slightly Higher Going into Dab Day

Canna-tech companies were busy over the long 4th of July weekend, analyzing sales data from their various platforms for what was expected to be one of the biggest weeks of the year for cannabis retailers. In Canada, the national holiday Canada Day is celebrated on July 1, with vendors hoping for a holiday spike in... Continue Reading →

VA Says Veterans Who Work In Marijuana Industry Still Eligible For Home Loan Benefits, But May Face Challenges With Lenders

The U.S. Department of Veterans Affairs (VA) is clarifying that military veterans can still be certified as eligible to receive home loan benefits even if they derive income from a state-legal marijuana business. However, the department said, some prospective lenders may not want to run the risk of issuing loans to those veterans and then... Continue Reading →

Senators slam Biden’s “extremely disappointing” cannabis stance (Newsletter: July 7, 2022)

Marijuana & psychedelics amendments for NDAA; DC medical cannabis self-certify signed; State regulators want fed guidance; NE ballot deadline looms Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know which cannabis stories are shaping the day. Your support makes Marijuana Moment possible… Before you... Continue Reading →

How To Relish A Luxe Cannabis Experience This Summer

The legalization of cannabis across several states in the US ushers a new beginning for consumers. Whether you are a recreational or medicinal user, you can now access the broadest range of products effortlessly and legally. If you are a cannabis lover, you will probably want to integrate it into your daily life regardless of... Continue Reading →

The Complete Guide to CBD Distillate and What You Need To Know

CBD is a non-psychoactive cannabinoid that has been shown to have many health benefits. CBD distillates are cannabis concentrates that are made by separating cannabinoids from the plant material. The term “cannabis” can refer to the plant Cannabis sativa or the psychoactive substances (e.g., delta-9 tetrahydrocannabinol) found in cannabis plants. The main psychoactive substance in... Continue Reading →

Tips To Maximize Pain Relief With Cannabis

The legalization of cannabis has changed the consumer perspective toward it. Thousands of people profess its medicinal benefits, and research studies establish these claims with scientific evidence. Cannabis is specifically helpful for relieving chronic pain related to conditions like fibromyalgia, arthritis, and neuropathy. It can also help cancer patients dealing with the aftermath of chemotherapy.... Continue Reading →

Auditor’s Report Says Arizona Regulators Need to Review Medical Marijuana Fee Structure, Health Canada Says There Won’t Be Any Changes to Cannabis Beverage Regulations Until Fall, and Cannabis Activists in Oklahoma Submit Signatures for Ballot Initiative

Auditor’s Report Says Arizona Regulators Need to Review Medical Marijuana Fee Structure Last month, state auditors in Arizona released a report on the medical marijuana program. According to their report, the Arizona Department of Health Services (ADHS) hasn’t made recommended changes to the way the state manages the medical marijuana fund. The auditors made the... Continue Reading →

California Ends Cannabis Cultivation Tax, Partly Blamed For Strangling The Legal Industry

Gov. Gavin Newsom’s signing of the $308 billion state budget Thursday evening handed California’s struggling cannabis industry long-sought tax relief. The state eliminated the cultivation tax on growers and capped the excise tax at point of sale at 15% for three years, moves hailed by industry advocates as a victory after a prolonged push in... Continue Reading →

The Daily Hit: July 6, 2022

The Daily Hit is a recap of the top cannabis business stories for July 6, 2022. ON THE SITE Fitch Ratings Downgrades Canopy Growth on Recent Debt Deal Fitch Ratings has downgraded the Long-Term Issuer Default Ratings (IDR) for Canopy Growth Corporation (NASDAQ: CGC) and 11065220 Canada Inc. to ‘C’ from ‘CCC’. Fitch said it... Continue Reading →

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