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How Will the German Elections Impact the Recreational Cannabis Market?

The German national election is over, and the results are in. The Cliff’s Notes version of the same is that there has been an upset in the German electoral map in a way that is still reverberating in political circles as coalition talks about which parties will form the new government get underway. 

There are a few issues that most of those parties, which saw the greatest gains this time around all agree on. And the good news for the industry, patients and those who want a recreational market is that this inevitably spells more cannabis reform.

It is for precisely this reason that the German cannabis question is currently all abuzz in the industry domestically because everyone knows that the status quo will not stand. The medical industry has been hamstrung by quality and production issues. Beyond this, there are numerous burdensome insurance requirements and the general refusal of doctors to engage with the same—just on a financial level—let alone matters of efficacy.  

Then, of course, there is the famed German common sense that has begun to filter through the debate, starting with the fact that there have been a few too many high-profile flubs of late—including one of the largest German grocery chains (and one of the top grocery retailers in the world) being raided in August, by the police. All developments are signs that the status quo will not stand much longer. 

There is already a lawsuit now pending, and from the business community, about the classification of CBD—and the need to remove it from the German Narcotics Act to bring this into line with the decision on a European level last year that this cannabinoid is not a narcotic.

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Veterans push for medical marijuana in conservative South

BYANERI PATTANI •KAISER HEALTH NEWS  •AUGUST 15, 2021  RALEIGH, N.C. (Tribune News Service) — Each time Chayse Roth drives home to North Carolina, he notices the highway welcome signs that declare: "Nation's Most Military Friendly State." "That's a powerful thing to claim," said Roth, a fo...

Cannabis Company Ayr Said to Buy THC-Drink Maker Cultivauna

By Tiffany Kary August 15, 2021, 3:00 PM MST Ayr Wellness Inc., a multistate cannabis company, plans to buy Cultivauna LLC, a maker of cannabis-infused seltzers and water-soluble tinctures, according to a person familiar with the company's plans. The transaction would give Ayr, which already sells c...

Md. Democratic comptroller candidates support cannabis legalization, equitable industry

Bennett Leckrone August 16, 2021, 8:43 AM As efforts to legalize cannabis in Maryland ramp up, Democratic comptroller candidates are looking to create an equitable marijuana industry in the state. House Speaker Adrienne A. Jones (D-Baltimore County) said last month that she would support a referendu...

Village Farms Enters U.S. CBD Market with $75 Million Acquisition

August 16, 2021 at 7:37 am Published by NCV Newswire VANCOUVER, BC, Aug. 16, 2021 /PRNewswire/ – Village Farms International, Inc. ("Village Farms" or the "Company") (NASDAQ: VFF) (TSX: VFF) today announced that it has acquired 100% interest of privately-held, Colorado-based CBD-platform Balanced He...

A Garden Supply Stock With a Fast-Growing Cannabis Patch

By Carol Ryan Aug. 16, 2021 6:40 am ET  A little-known organic garden center supplier has outpaced the likes of Amazon and Netflix on the stock market throughout the pandemic. Knotty cannabis laws should continue to fertilize its growth. Nasdaq-listed GrowGeneration owns a chain of 58 stores ac...

U.S. cannabis firm PharmaCann plans IPO as New York weed legalization lifts demand -sources

By Shariq Khan Aug 16 (Reuters) - PharmaCann, one of the 10 original cannabis licensees in New York, has confidentially filed for an initial public offering that could value it at well over $1 billion, sources familiar with the matter told Reuters. The planned IPO would help PharmaCann raise funds b...

Texas cancer patients and people with PTSD will soon be able to join state’s expanded medical marijuana program

BY COLLEEN DEGUZMAN AUG. 11, 2021  David Bass came home to Fort Worth in 2006 after serving in the Army but sometimes he feels like he's still in Iraq. After his 25 years in the military, the 64-year-old Desert Storm veteran had nightmares almost every night for six years about being back on th...


Study Shows Cannabis Consumers Are Successful, Motivated, Health-Conscious: Snoop Dogg Weighs In

By Javier Hasse Vices The long-standing, negative stereotypes about cannabis consumers have contributed to a decades-long stigma that lingers to this date, even as legalization spreads across the world while birthing one of the fastest-growing industries of our time. But new data out today, sha...


Exclusive-Top cannabis site Leafly in talks to go public via blank-check merger - sources

 By Shariq Khan (Reuters) - Top cannabis-focused website Leafly is in talks to merge with blank-check company Merida Merger Corp I in a deal that would value the combined company at more than $530 million, three people familiar with the matter told Reuters. Read more here


Falling prices in California marijuana wholesale market alarms some growers; others unfazed

By John Schroyer Years of rising marijuana production across California appear to be taking a toll on the state's wholesale market, with prices said to be dropping by up to 60% since at least mid-June for outdoor-farmed flower. The downward pricing pressure hasn't hit every cultivation sector in the...


Senate panel slams hemp THC limits & pushes CBD regs

Published August 6, 2021 By: Tom Angell   TOP THINGS TO KNOW The Senate Appropriations Committee approved a report criticizing "arbitrary" THC limits on hemp and calling on the Food and Drug Administration to continue developing regulations to allow CBD products while enacting a polic...


Booker defends cannabis banking stance

 / TOP THINGS TO KNOW Sen. Cory Booker (D-NJ) clarified that he supports marijuana banking legislation, but explained his strategy of blocking its advancement, for now, to use it as a "sweetener" to get more senators to vote for broader, justice-focused legalization first. The House Appropriati...


HEMP STOCKS VS. MARIJUANA STOCKS: WHAT YOU NEED TO KNOW BEFORE INVESTING

Over the past few years, we have witnessed the meteoric rise of the cannabis industry, brought about by the mass legalization and decriminalization of the plant across many US states. Amazingly, what was once regarded as a shady and often frowned upon recreational drug has now given birth to an indu...


Top Marijuana Stocks To Watch In A Down Market? A Reddit Investor Favorite And A Penny Stock

Top Cannabis Stocks To Watch In This Market Downturn As the market pulls back significantly so are the best marijuana stocks to buy in July. After some upward momentum in June, the top cannabis stocks to invest in are trading at some of their lowest stock prices in 2021. With this drop in the cannab...


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© High Times

Surgeon General States Support for Cannabis Decriminalization

Surgeon General Dr. Vivek Murthy is once again speaking out in favor of decriminalized cannabis.

Original author: Nicole Potter

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© High Times

MjMicro Follows Up Successful New York City Investor Conference with Next Stop in Beverly Hills Press Release

LOS ANGELES, CA / ACCESSWIRE / July 25, 2019 / MjLink.com, Inc., a wholly owned subsidiary of Social Life Network, Inc. (OTCQB: WDLF), announced today that its MjMicro Conference (www.MjMicro.com), the next-level investor forum for publicly traded cannabis companies, will follow the huge success of their New York City event this past June, with the next stop in Beverly Hills.

Social Life Network, Inc. Announces Uplisting to OTCQB Exchange

WDLF Uplists to OTCQB

DENVER, CO / ACCESSWIRE / July 16, 2018 / Social Life Network, Inc. (OTCQB: WDLF), a cloud-based social media and social network technology company based in Denver, Colorado, today announced that the company has commenced trading on the OTCQB Market ("OTCQB") after successfully uplisting from the OTC Pink Market.

Canadians will spend up to $7B on cannabis in 2019, Deloitte predicts

After cannabis is legalized throughout Canada later this year, Canadians are expected to increase their consumption of the drug by up to 35 percent and spend as much as $7 billion on legal and illegal sales in 2019.

Canada: Medicinal cannabis use can help mitigate symptoms of PTSD, study says

People who have post-traumatic stress disorder but do not medicate with cannabis are far more likely to suffer from severe depression and have suicidal thoughts than those who use marijuana, new national research says.


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