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Cannabis Countdown: Top 10 Marijuana and Psychedelics Industry News Stories of the Week

October 5, 2020 4:22 pm
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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.

Yahoo Finance readers, please click here to view full article.

10. VIDEO: PV Unfiltered Podcast Goes “Up in Smoke” with Tommy Chong!

Last Week, Tommy Chong Joined Platinum Vape Co-Founder George Sadler on the Company’s PV Unfiltered Podcast

Tommy Chong is a man with a million stories, and we were lucky enough to have him on the PV Unfiltered Podcast so he can share some of his many, many adventures,” stated PV on it’s YouTube channel.

WATCH FULL TOMMY CHONG PODCAST

9. Are Psychedelics Right For You?

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.

READ FULL PSYCHEDELICS ARTICLE

8. Scientists Demand DEA Reconsider Marijuana’s Federal Status In New Court Briefing

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).

READ FULL CANNABIS DEA ARTICLE

7. Why Do Psychiatrists Still Avoid Psychedelics?

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.”

READ FULL PSYCHEDELICS THERAPY ARTICLE

6. Oregon Psilocybin Initiative Gets Boost From New TV Ad But Draws Opposition From Unlikely Source

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.

READ FULL PSILOCYBIN REFORM ARTICLE

5. Where President Donald Trump Stands On Marijuana

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.

READ FULL TRUMP CANNABIS ARTICLE

4. Mydecine Innovations Group Announces the Official Mindleap Health Mobile App Launch in IOS and Android Stores

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.

READ FULL MYDECINE ARTICLE

3. House Approves Marijuana Banking Protections For Third Time As Part Of New COVID Bill

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.

READ FULL MARIJUANA BANKING ARTICLE

2. Game-Changing Psychedelics Company Backed By University Study

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).

READ FULL PSYCHEDELICS STUDY ARTICLE

1. Ontario Cannabis Store Pot Sales Overtaking Illicit Market

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.

READ FULL ONTARIO CANNABIS ARTICLE


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