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Montana Moots Halving Budget For Administering Recreational Cannabis Program

Montana Moots Halving Budget For Administering Recreational Cannabis Program

by InfluencER | Feb 12, 2021 | Pharma

The Billings Gazette reports that proposed funding to allow the state to administer the recreational cannabis program approved by Montana voters last November took a nearly 50% hit Wednesday after a legislative subcommittee recommended deep cuts to the budget. The...
Colorado Democrat wishes to cap THC levels in cannabis products at 15%

Colorado Democrat wishes to cap THC levels in cannabis products at 15%

by InfluencER | Feb 12, 2021 | Pharma

The cannabis reports The lone medical doctor in the Colorado legislature is looking to cut back the THC content on the most potent cannabis products, among other changes that would have major impacts on the state’s cannabis industry. State Rep. Yadira Caraveo, a...
Once down in the weeds, cash-strapped pot producers raise billions in market rally

Once down in the weeds, cash-strapped pot producers raise billions in market rally

by InfluencER | Feb 12, 2021 | Investors

A political shift in the United States has unlocked an estimated $1.38 billion jackpot for struggling pot producers who have cashed in on a surge in their shares since President Joe Biden’s election in November. Cannabis producers have issued stock worth this amount...
Weed Stocks Fluctuate Dramatically After Redditors Set Eyes on Cannabis Companies

Weed Stocks Fluctuate Dramatically After Redditors Set Eyes on Cannabis Companies

by InfluencER | Feb 12, 2021 | Investors

It seems that after a hard fight for GameStop stocks and the RobinHood scandal, investors from Reddit have decided to bet on something far more relaxing. American cannabis companies experienced a major surge and then a dramatic drop over the week when Reddit investors...
Iowa GOP Lawmaker Makes Another Push To Decriminalize Psilocybin Mushrooms

Iowa GOP Lawmaker Makes Another Push To Decriminalize Psilocybin Mushrooms

by InfluencER | Feb 11, 2021 | Politics and Law

A Republican lawmaker in Iowa is taking another swing at reforming the state’s psychedelics laws, introducing a bill on Tuesday to remove psilocybin from the list of controlled substances. Rep. Jeff Shipley (R) first filed a bill to get the policy change enacted in...
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