Investors wary of US cannabis ETFs despite recent rally

Ali McCartney, Managing Director of UBS Private Wealth Management, discusses how geopolitical tensions are impacting the market on how money is made. Despite this year’s strong performance, new proposed federal rules governing marijuana have so far failed to spark new buying interest in exchange-traded funds (ETFs) that track stocks of North American cannabis companies. has […]
DEA Expected To Reclassify Cannabis In ‘Historic’ Shift

People celebrating 420 years at Washington Square Park in New York City on April 20, 2024 (Photo by LEONARDO MUNOZ/AFP) (Photo by LEONARDO MUNOZ/AFP, Getty Images) OAN’s Brooke Mallory4:31pm – Tuesday, April 30, 2024 President Joe Biden has called for an overhaul of marijuana laws as he pursues reform advocates to boost his re-election campaign, […]
Brittney Griner Blames Leaving Cannabis Cartridge in Luggage on ‘Mental Lapse’

WNBA star Brittney Griner, who was arrested at a Moscow airport in 2022 for possessing an illegal marijuana cartridge, claims she was “mentally deranged” because she forgot to remove the cartridge before being searched. Greiner served 10 months in prison for possessing cannabis cartridges, which are illegal in Russia, and was released in a prisoner […]
Don’t flood market with legal pot shops, NY cannabis industry warns

Groups representing the legal cannabis industry have told Governor Hochul’s cannabis regulator that a dramatic increase in the number of cannabis dispensaries could have “dire consequences” for current licensed operators. He warns. Damian Cornwell, president of the New York Cannabis Association, noted that state regulators have not yet eliminated the swarm of illegal cannabis operators. […]
Ella Emhoff opens textile art show at NYC cannabis shop

Look out, Hunter Biden – another artist with ties to the White House is emerging on the New York art scene. Vice President Kamala Harris’ stepdaughter held a textile exhibit Thursday at a Lower East Side cannabis store, where she sold knitted portraits for thousands of dollars. Ella Emhoff, whose father is Second Gentleman Doug […]
Alabama man arrested for fentanyl pills, cannabis hidden inside of Easter eggs

An Alabama man was caught red-handed in possession of an Easter egg filled with about 200 fentanyl pills instead of chocolate candy. The Colbert County Sheriff’s Office announced in a Facebook post that agents from the county’s drug task force arrested 29-year-old Jamarius DeQuan Qualls on April 1 at approximately 11:45 a.m. Police soon learned […]
Cannabis Legalised, Drug Prisoners Released

The hard-line boss of Germany’s coronavirus lockdown has successfully pushed through his cannabis legalization project over the objections of political opponents, doctors and police. Possession of cannabis became legal in Germany on Monday. This is the first of several legal relaxations following a years-long campaign by left-wing coronavirus lockdown supremacist Federal Health Minister Karl Lauterbach. […]
In 2018, Republicans accidentally legalized cannabis. Now 22 AGs want them to undo it

A coalition of 22 state attorneys general is calling on Congress to address the “glaring ambiguities” that lead legal cannabis products to store shelves across the country, sometimes in vending machines and online. There is. a Letter dated March 20th Addressing the consequences of Republican lawmakers’ choice to legalize cannabis production The 2018 Omnibus Farm […]
Virginia Gov. Glenn Youngkin Vetoes Bill for Recreational Cannabis

Republican Virginia Governor Glenn Youngkin on Thursday vetoed a bill that would have legalized the sale of recreational marijuana. In his veto statement, the governor said: Said The law allowing a state-regulated recreational marijuana market “put the health and safety of Virginians at risk” and undermined the idea that the law would eliminate the black […]
Licensed NYC cannabis operators urge Albany to smoke out illegal weed peddlers

They want to smoke them out. More than 100 owners and supporters of New York City’s licensed cannabis industry say Mayor Eric Adams’ administration is putting padlocks on illegal pot peddlers who make a living and stopping new pot peddlers. asked the state Legislature to approve strict laws to make it easier. They said their […]