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 September 28th – October 4th, 2020.
Without further ado, let’s get started.
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Last Week, Tommy Chong Joined Platinum Vape Co-Founder George Sadler on the Company’s PV Unfiltered Podcast
The Psychedelics Renaissance of 2020 is Seemingly Happening at a Perfect Time During This Year of Many Firsts
As more and more people are facing mental health issues related to the pandemic, some are beginning to explore Psychedelics to help ease their suffering and first-timers entering into Psychedelics-assisted psychotherapy are starting to become believers.
The Plaintiffs Initially Filed Their Lawsuit Against the Federal Agency in May, Contending That the DEA’s Justification for Maintaining a Schedule I Status for Cannabis is Unconstitutional
Lawyers representing a group of scientists and military veterans filed a comprehensive brief in federal court this week, outlining their case challenging decisions about the classification of Marijuana made by the Drug Enforcement Administration (DEA).
Real Interest in Psychedelics Therapy for Mental Health Began When Psychiatrist Humphrey Osmond Started Experimenting with Mescaline in the Early 1950s
Humphrey Osmond named the new field of study “Psychedelic”— Greek for “mind-manifesting” — reasoning that the name “should have a clear meaning, be reasonably easy to spell and pronounce and not be too [much] like some other name.”
Heroic Hearts Project, Which Helps Connect Veterans to Entheogenic-Based Healing, is Airing an Advertisement in Oregon That Highlights the Therapeutic Potential of Taking Psilocybin in a Clinical Setting
An Oregon ballot initiative to legalize Psilocybin for therapeutic purposes is getting a boost from a nonprofit veterans group’s new TV ad. But meanwhile, the campaign is seeing pushback from an unexpected source.
While Trump Has Not Pursued a Full-Scale Crackdown of State-Legal Cannabis Programs and Has Voiced Tentative Support for Modest Reform Legislation, His Administration Has Made Several Hostile Anti-Marijuana Actions
With the 2020 presidential election underway, people interested in legalizing Cannabis and ending the war on drugs may find themselves wondering which candidate will do more to advance their causes: Democratic presidential nominee Joe Biden or incumbent President Donald Trump.
Mindleap is Designed to Increase Access to Mental Health Services and Provide Analytics into Mental Health to Improve Outcomes Starting with Goal-Setting, Mood, Emotion, and Habit Tracking
Mydecine Innovations (CSE: MYCO) (OTCQX: MYCOF) (FRA:0NFA) announced that its subsidiary Mindleap Health, a digital telehealth mobile application for mental coaching and wellbeing, has officially launched and is now available for download.
For the Third Time in Just Over a Year, the House Has Approved Legislation That Would Protect Banks That Service State-Legal Marijuana Businesses From Being Penalized By Federal Regulators
The text of the Secure and Fair Enforcement (SAFE) Banking Act was included in a wide-ranging coronavirus relief bill that members approved on the floor on Thursday.
Psychedelics, Such as Psilocybin Are Quickly Becoming Mainstream
In the past few months, its use has been legalized in Denver, Oakland, and Santa Cruz, while lawmakers in Ann Arbor, Michigan have voted to decriminalize its consumption and it is on the ballot in Oregon to be legalized in November. One company focused on the research and development of therapeutics for medical needs and rare disorders is Revive Therapeutics (CSE: RVV) (OTCPK: RVVTF) (FRA: 31R).
Since the Legalization of Cannabis in Canada, the Number of Consumers Opting to Purchase Products from the Illicit Market Has Been Slowly Decreasing
According to the quarterly report released by the Ontario Cannabis Store (OCS), the first quarter of 2020 saw the legal Marijuana industry account for over a quarter of the Cannabis market in the province.