All posts in CBD News

Navigate the fast-moving cannabis sector with 420 Investor, a premium service that sends real-time alerts and explanations of the news below and much more. Summary  House Republicans plan to introduce a legalization bill. BDSA data pointed to continued weak cannabis sales trends in September. Illinois posted 64% growth in adult-use sales in October. Health Canada added 3 new licenses, leaving the total now at 794. 420 Investor model portfolios have gained 3.4-46.6% year-to-date, while the Global Cannabis Stock Index has lost 5.7%. Review Stocks rallied on news that Republicans in Congress will introduce a legalization bill. A move by JPMorgan to limit…

Military recruits with marijuana waivers “perform no worse”; Study: Government-grown cannabis more like hemp than consumer marijuana Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know which cannabis stories are shaping the day. Your support makes Marijuana Moment possible… Paid for by readers like you. Marijuana Moment’s newsletter and in-depth cannabis reporting is made possible by the nearly 700 people who subscribe to us on Patreon. Support our work for $25/month and gain access to valuable insider data, exclusive interview audio, and more: https://www.patreon.com/marijuanamoment/ TOP THINGS TO KNOWThe Washington,…

The U.S. Navy has fired the commanding officers of a submarine that crashed into an undersea mountain last month. The USS Connecticut, a nuclear-powered fast-attack submarine, hit a massive underwater rock formation in the South China Sea Oct. 2, injuring 11 sailors aboard the sub. Commander Cameron Aljilani, Lt. Commander Patrick Cashin, and Master Chief Sonar Technician Cory Rodgers were relieved of duty Thursday. A statement from the Navy’s Seventh Fleet reads, “Sound judgment, prudent decision-making and adherence to required procedures in navigation planning, watch team execution and risk management could have prevented the incident.” Read it at Navy Tmes

Newsworthy Highlights Cannabis Company Contests $166K Cash Seizure by Kansas Police. According to news articles, Kansas police seized $166,000 in Missouri medical marijuana profits during a traffic stop, claiming the money smelled like marijuana. The driver was transporting the money for cannabis dispensaries from Missouri to Colorado. Marijuana is legal in both states. According to the Kansas police and federal Drug Enforcement Agency, the profits were seized because marijuana is currently illegal under Kansas law and the money was obtained in violation of the Controlled Substances Act (CSA). The company argued the money should be returned because there is no…

This is part of the L.A. Times 2021 gift guide. See the full guide here. Thanks to California’s maturing recreational cannabis market (it’s been a thing since January 2018) and the ever-quickening pace of technological advancement, this holiday season arrives with a bumper crop of ganja-themed gifts and gadgets. From old-school tools and high-tech toys to stow-and-go low-dose edibles, there’s something for practically every pot-loving person you’re planning to pick up a present for. Proto Rocket Pipe (Angela Lau) Willits, Calif.,-based Proto Pipe gave the world the Swiss Army Knife of pot pipes back in 1970. Practically indestructible, it’s a…

By Sam Reisman (November 3, 2021, 7:30 PM EDT) — New York state’s Cannabis Control Board voted unanimously Wednesday to approve a host of new regulations governing hemp-derived CBD products, while asserting that prerolled hemp joints and any psychoactive compounds, such as Delta-8 THC, are still unlawful. The new regulations were adopted at the CCB’s third meeting as part of a transition that will see oversight of the Empire State’s CBD retail market for consumable and retail products moved from the state Department of Health to the new Office of Cannabis Management. The rules, which became effective immediately, include requirements for the…

JLL Capital Markets announced today that it has arranged $53.566 million in acquisition financing for Glenview House, a 146-unit, midrise multi-housing community with a ground-floor Walgreen’s location in Stamford, Connecticut. JLL worked on behalf of the borrower, Beachwold Residential LLC, to secure the three-year, floating-rate loan through MetLife Investment Management. Glenview House consists of one-, two- and three-bedroom units averaging 1,280 s/f that offer lofts, vaulted ceilings, walk-in closets, wood-style floors, kitchen islands, double vanities in primary suites, GE stainless steel appliances and full-sized washer and dryers. The community features a courtyard with pool and barbeque area, fitness center, club room…

Bobby Valentine, the former manager of the New York Mets and the Boston Red Sox, lost his bid to become mayor of Stamford, Connecticut—and sniped about “lousy” media coverage and people voting more than once. Valentine, famous for getting fired a lot and for once returning to the dugout in disguise after getting tossed out of a game, was defeated by Democrat Caroline Simmons. Before he conceded, he told supporters that he’d been told about people who voted by absentee ballot and then went to the polls in person. When he finally threw in the towel, he was less than…