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Study Looks at Psychedelics’ Belief-Altering Powers, Minnesota Inches Toward Rec. Cannabis, and Montana’s Cannabis Banking Bill

Veriheal

A study looked at the link between psychedelics and spirituality, Minnesota is closing in on recreational cannabis, and Montana is looking to make cannabis banking easy. Researchers looked at data from 2,374 psychedelics users who reported having “belief-changing” trips. Let’s dive into this week’s canna-news.

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Dama Financial to Acquire GrowFlow

Cannabis Law Report

20, 2022 /PRNewswire/ — Dama Financial (“Dama”), the nation’s largest provider of access to banking and payment solutions for the cannabis industry, has entered into an agreement to acquire GrowFlow Corp. (“GrowFlow”), whose business management and compliance tools have processed more than $3.3

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Trouble Brewing? A Look at the Cannabis Industry’s Signs of Distress – and Resilience

Cannabis Law Report

One theory is that many investors in publicly traded MSOs speculated that by now, Congress would have at least passed a bill to decriminalize the plant or would have passed the SAFE Banking Act to ease cannabis businesses’ access to banking services. billion by 2025. billion (New Frontier Data). All is not lost.

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MyMD Pharmaceuticals Announces Fourth Quarter 2021 Initiation of Phase 2 Clinical Trial of MYMD-1 for Extending Healthy Lifespan

Cannabis Law Report

Positive data from this important study would significantly advance MYMD-1’s potential to become a blockbuster drug for inflammation and aging.”. is the master regulator of inflammation, MYMD-1’s function as a TNF-? inhibitor targets the root cause of aging, not just the symptoms,” said Adam Kaplin, M.D., Chief Scientific Officer.

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MyMD Pharmaceuticals Receives FDA IND Clearance to Begin Phase 2 Trial of MYMD-1 for Extending Healthy Lifespan

Cannabis Law Report

Phase 2 trial recruiting begins immediately; efficacy data expected by the end of the first quarter of 2022. Recruitment for the Phase 2 trial will begin immediately, and efficacy data is expected by the end of first quarter of 2022. “To BALTIMORE–(BUSINESS WIRE)– MyMD Pharmaceuticals, Inc.

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Minnesota Attorney, Susan Burns, To Chair the First ABA Conference on the Cannabis Industry

Cannabis Law Report

2021 Mid-Year Market Update,” from New Frontier Data, projects revenue from the legal cannabis market will total $43 billion by the year 2025. “We’re pleased to have the opportunity to inform ABA members regarding trends surrounding the legal market for cannabis.”. The report “Cannabis in the U.S. million Americans, or 2.4%

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A Hidden Origin Story of the CBD Craze

SMPL

Last year, the investment bank Cowen estimated that the U.S. CBD industry will be worth $16 billion by 2025. Mike Tyson offers a cannabidiol-infused water called DWiiNK. On Instagram, #cbd is four times as common as #resist. And e-commerce sales of CBD have grown this year amid the coronavirus pandemic.

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