Welcome to the Cannabis Countdown. In This Week’s Edition, We Recap and Countdown the Top 10 Marijuana and Psychedelics Industry News Stories for the Week of June 15th – 21st, 2020.
Without further ado, let’s get started.
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Brad Rogers, CEO of ‘Super State Operator’ Red White & Bloom (CSE: RWB) (OTC: TDRYD) shares his thoughts on the U.S. cannabis industry as well as his vision for RWB following the company’s successful IPO.
MindMed (NEO: MMED) (OTCQB: MMEDF) (FRA: BGHM) plans to use the Phase 1 Study to experiment with dosing methods to better understand how humans react to Ayahuasca’s active Psychedelic ingredient, DMT.
Despite years of anecdotal accounts of good trips and bad trips, the ‘Ego Disintegration’ or ‘Ego Loss’ caused by Psilocybin — the active Psychedelic in Magic Mushrooms — has never been properly studied, until now.
Sen. Bernie Sanders (I-VT) said on Wednesday that Congress should federally legalize marijuana as another step toward enacting policing reform and addressing racial injustices.
President Donald Trump’s stance on marijuana legalization became the jumping-off point for a spat between a top White House aide, Republican operatives and a reporter on Thursday after Chief of Staff Mark Meadows laughed off a question about the prospects of broad cannabis reform advancing before the election in November.
In addition, Brochstein also explores how COVID-19 could inspire Cannabis companies to work together to find more profit through unification on the legal market versus the illegal market. In a time where health and wellness supersede everything, quality assurance and safety measures are presenting a big opportunity for the legal market to thrive.
According to a new poll, roughly half of Colorado voters are likely to support a measure to decriminalize possession of Magic Mushrooms and create a legal process for the growth and sale of the popular Psychedelic, Psilocybin.
“My assumption is that 2022, for me, is the magic number,” Canopy Growth (TSX: WEED) (NYSE: CGC) (FRA: 11L1) CEO David Klein told CNBC’s, Jim Cramer. Cramer had asked Klein whether state and local governments will leverage cannabis to uplift slashed budgets and down economies.
The newly public ‘Super State Operator’ Red White & Bloom (CSE: RWB) (OTCQX: TDRYD) has been quietly cornering the highly lucrative Michigan cannabis market and thanks to its first-mover advantage, RWB now controls a 22% market share in the Great Lakes State.