CANNABIS. PHOTO: PEXELS
CANNABIS. PHOTO: PEXELS

Cannabis News | Top of the Week: 12/15

Every week, ACRONYM rounds up your Cannabis News into one handy dandy post. Find what’s important, WEED out what’s not. See what we did there? Check weekly under our Cannabis category for up to date news!


 

GEORGIA’S SENATE RUNOFFS COULD DECIDE FEDERAL MARIJUANA POLICY IN 2021: HERE’S WHERE THE CANDIDATES STAND (MARIJUANAMOMENT.NET)

Publish Date: December 14, 2020

THE BOTTOM LINE: 

“Two Georgia runoff elections for U.S. Senate seats being held next month will decide which party controls the chamber—and that will have significant implications for marijuana policy in the 117th Congress.

Democratic wins for both positions would mean that the party would reclaim command over the Senate, with Vice President-elect Kamala Harris serving as a tiebreaker. Both of the Democratic candidates vying for those seats are in favor of cannabis and drug policy reform. If Republicans keep the majority by winning at least one of the Georgia seats, meanwhile, the prospects of ending federal marijuana prohibition would be dimmed for at least the next two years.”

READ MORE: (MARIJUANAMOMENT.NET)

 

PSYCHEDELICS REPLACE CANNABIS AS THE NEW FAVORITE EDGY INVESTMENT (JAPANTIMES.CO)

Publish Date: December 15, 2020

THE BOTTOM LINE: 

“Cannabis is only on the cusp of many investors’ comfort zones, but the family offices and high-net-worth individuals hungry for early stage, edgy investments have already moved on to psychedelics.

Marijuana’s legal headway in recent years has paved the way for new interest in remedies typically relegated to the black market. Companies that work with drugs like psilocybin, an ingredient in magic mushrooms, or Ibogaine, used in ayahuasca-style ceremonies, are proliferating, with early stage investors predicting such substances have an even better shot than cannabis at disrupting the $70 billion market for mental health. The question now is whether such aims bear out — and in time to catch up with all the money flowing in.”

READ MORE: (JAPANTIMES.CO)

 

MEDICAL CANNABIS AND CBD REGULATIONS ARE BECOMING A CRUCIAL GLOBAL PATCHWORK TO OPERATIONS (PRNEWSWIRE.COM)

Publish Date: December 14, 2020

THE BOTTOM LINE: 

“In recent years, cannabis and products with cannabis components, such as CBD, are one of the “hot topics” in the life sciences industry. Many countries now allow the medical use of cannabis to treat numerous conditions, including chronic pain, cancer, multiple sclerosis, and many others. Additionally, more and more countries have recently allowed the recreational use of cannabis. Finally, hemp (cannabis grown without mind-altering substances), is another burgeoning industry worldwide. Though there are international treaties in place, the production, distribution, and consumption of controlled substances (including cannabis) are still traditionally regulated by each country individually (even within the EU). Some countries still consider cannabis a dangerous illicit substance. Thus the legal landscape on cannabis and cannabis products is very fragmented and complicated, making it hard to get involved in the cannabis industry.”

READ MORE: (PRNEWSWIRE.COM)

 

IS CANNABIS A PERFORMANCE ENHANCING DRUG? (WIKILEAF.COM)

Publish Date: December 14, 2020

THE BOTTOM LINE: 

“In recent years, cannabis use has become a hotly debated topic in the world of professional sports. Increased legalization and social acceptance of this naturally-derived plant coupled with a growing body of research supporting its health benefits has athletes, sports fans, and officials all wondering: is cannabis a performance-enhancing drug?

We’ll take a look at the existing rules and what science has to say.”

READ MORE: (WIKILEAF.COM)

 

STUDY FINDS THAT CANNABIS MAY HELP THOSE SUFFERING FROM CHRONIC PELVIC PAIN (HIGHTIMES.COM)

Publish Date: December 14, 2020

THE BOTTOM LINE: 

That’s the takeaway from a new study called Use of Cannabis for Self-Management of Chronic Pelvic Pain. The study, via researchers from the Mayo Clinic and published last month in the Journal of Women’s Health, found that 23 percent of patients who participated in the research reported using cannabis to soothe their symptoms.”

READ MORE: (HIGHTIMES.COM)

 

THE SINGLE KEY TO MARKETING SUCCESS IN THE CANNABIS INDUSTRY (MGRETAILER.COM)

Publish Date: December 14, 2020

THE BOTTOM LINE: 

“What a year 2020 was, eh? With all the things that happened this year—from COVID-19 to social justice, institutional racism, police brutality, elections, recession, working from home, urban immigration, and so on—I’ve been asked one question repeatedly: “Did all the unprecedented turmoil have an impact on marketing and branding? Do I need to change my approach, message, or planned campaigns?”

Marketing was a huge topic and an important element in the business milieu of 2020. After all, the atmosphere was… Let’s call it challenging. The changing climate and “the new normal” of marketing were among the hottest topics in blog posts, newsletters, email subject lines, webinars, and other content initiatives.”

READ MORE: (MGRETAILER.COM)

 

Check back next week in our Cannabis Section for more news, products, and more!

 


 

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