Cannabis Countdown: Top 10 Marijuana And Psychedelics Industry News Stories Of The Week

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 October 26th – November 1st, 2020.

Without further ado, let’s get started.

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10. Who Are You, Really? Psychedelics May Have the Answer

Who Are You? And Why Are You Who You Are? Psychedelics May Help You Not Only Answer These Questions But Also Help You Live Your Life With a Revised Set of Improved Personality Traits

Today, work on personality traits and Psychedelics is being explored as an aspect of brain flexibility, specifically neural plasticity, which is at the core of Psychedelics and their effect on mental health and wellness.

READ FULL PSYCHEDELICS ARTICLE

9. As New Cannabis Vending Machines Hit the Market, Challenges Remain

In Theory, in-Dispensary Vending Machines Can Improve Customer Throughput and Reduce Wait Times

A new Cannabis vending machine has hit the market in Colorado, with other states on the horizon, but the automated dispensers must overcome a host of challenges to become a regular part of the Marijuana retail landscape.

READ FULL CANNABIS VENDING ARTICLE

8. Oregon Psilocybin Ballot Measure Can Help Dying People Find Peace, Doctor Says in TV Ad

Oregon’s First-of-its-Kind Ballot Measure to Legalize Psilocybin Therapy Has the Potential to Help Ease Mental Suffering for Terminally Ill People, a Medical Doctor Says in a New TV Ad for the Initiative

If approved by Oregon voters, adults would be able to access the psychedelic in a medically supervised environment. There aren’t any limitations on the types of conditions that would make a patient eligible for the treatment.

READ FULL OREGON ARTICLE

7. Super-State Operator Red White & Bloom Featured on Stockhouse ‘Stock Talk’ Podcast

Following RWB’s IPO This Summer, the Company Has Executed Flawlessly Closing a Legendary String of Deals Including the Blockbuster High Times and Platinum Vape Deals

Rising cannabis Multi-State Operator (MSO) and new kid on the block Red White & Bloom RWBYF has quickly made a name for itself in a very competitive American Marijuana industry alongside big names like Trulieve TCNNFCuraleaf CURLFGreen Thumb GTBIF and Cresco Labs CRLBF.

READ FULL RWB ARTICLE

6. Drop in Political Funding By Marijuana Policy Project Illustrates Shift Toward Marijuana Trade Groups, MSOs

The MPP Has Long Been a Leader in Funding Cannabis Reform at the State and Federal Levels, But the 2020 Election Demonstrates That MPP’s Role is Shifting in a Significant Way

That’s clear just by looking at the trend in political fundraising and spending over the current and past few election cycles and how that contrasts with the growing political presence of relatively new trade groups and Multi-State Operators (MSOs) that are willing to use their financial heft directly instead of by funding nonprofits such as MPP. In Arizona, the top contributors to the Cannabis Legalization campaign are by far MSOs. According to Leafly’s campaign-finance analysis in Arizona: Harvest Health HARV HRVSF tops the list with more than $1.4 million in contributions, while Curaleaf CURA CURLF and Cresco Labs CL CRLBF have donated $600,000 and $300,000, respectively.

READ FULL CANNABIS REFORM ARTICLE

5. International Study Finds 79% of Individuals Who Microdose With Psychedelics Report Improvements in Their Mental Health

Interest in Psychedelic Drugs as a Potential Treatment Option for Mental Health Disorders Has Been Steadily Increasing

A study published in Psychopharmacology suggests that people may turn to microdosing with Psychedelics in an attempt to improve their mental health. According to most self-reports, these attempts may be effective.

READ FULL MICRODOSING ARTICLE

4. Canadian Study Finds a Link Between Starting Medical Cannabis and Stopping Drinking

43.5% of Study Participants Who Used Marijuana as a Substitute for Alcohol Decreased the Frequency of Their Drinking

Authorized medical marijuana patients who began using cannabis to help reduce their drinking report experiencing a reduction or even discontinuation of alcohol use, notes new research out of the University of Victoria.

READ FULL MMJ STUDY ARTICLE

3. Why 2021 Could Be a Big Year for the Cannabis Industry

Federal and State Actors Plan to Revisit the Issues of Legalization and Decriminalization in the New Year

As big of a year as 2020 may turn out to be for marijuana in America — as multiple states including South Dakota, Montana, Arizona, and New Jersey, look to legalize recreational pot — there could be even more exciting developments in 2021.

READ FULL CANNABIS INDUSTRY ARTICLE

2. Inside the Movement to Decolonize Psychedelic Pharma

There’s No Question that the Psychedelic Renaissance is in Full Bloom

As Western medicine brings psychedelics into mainstream use, a growing movement is innovating new business models grounded in reciprocity and inclusion.

READ FULL PSYCHEDELIC PHARMA ARTICLE

1. Vote Green: 5 States Include Cannabis Legalization on Ballot

What is the World Going to Look Like After This Presidential Election?

For those of us in the Cannabis industry, it’s also a question we’ve been asking ourselves when thinking about the laws surrounding Marijuana. If you reside in Arizona, Mississippi, Montana, New Jersey, or South Dakota, you will have the ability to vote on the legalization of medical and recreational cannabis this November.

READ FULL CANNABIS LEGALIZATION ARTICLE

Photo by Esteban Lopez on Unsplash

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The Benzinga Cannabis Capital Conference is returning to Florida, in a new venue in Hollywood, on April 16 and 17, 2024. The two-day event at The Diplomat Beach Resort will be a chance for entrepreneurs, both large and small, to network, learn and grow. Renowned for its trendsetting abilities and influence on the future of cannabis, mark your calendars – this conference is the go-to event of the year for the cannabis world.

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