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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

This month, cannabis operators closed their doors on more than ten dispensary locations in Michigan and Colorado. As cannabis remains illegal at the federal level pursuant to the Controlled Substances Act, operators still struggle to find adequate banking services. billion by 2025. billion (New Frontier Data).

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A Hidden Origin Story of the CBD Craze

SMPL

In addition to convincing marijuana dispensaries to widely carry CBD, they wanted to educate the public about its promising benefits. 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.

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Meritas Law Firms Worldwide Article: Global Cannabis Industry: The Essential Primer

Cannabis Law Report

The sales prices of dispensaries are rising almost daily.”. billion in 2025, according to Grandview Research. Another researcher, New Frontier Data, pegged the global value of legal and illicit cannabis together at $340 billion in 2018. billion in 2018, and with a compound annual growth rate of 23.9%, is predicted to reach $66.3

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