Global Cannabis and CBD News Roundup YouTube
Hi,

President Trump just signed an executive order aiming to slash U.S. prescription drug prices for Medicare by aligning them with those in other developed countries. This will save Americans a lot of money and annoy Big Pharma, whom will probably will want a legal battle. Pennsylvania’s Senate committee blocked a cannabis legalization bill that had already cleared the House. One congressman took a jab at the Governor, saying it’s time for him to step up and negotiate a middle ground. Mayor Eric Adams said New York City is removing padlocks from illegal cannabis shops now that the one-year court orders used to close them have started to expire. I bet a lot of these unlicensed shops will just open up for business again. ;)

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Have a relaxing week,
Jessica

Weekly News
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Why New York City Is Removing Padlocks on Illegal Cannabis Shops It Closed More at nytimes.com...
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Bill to Legalize Recreational Cannabis Use in PA. Dies in Committee More at nbcphiladelphia.com...
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Trump Executive Order Demands Pharma Industry Price Cuts More at reuters.com...
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Gavin Newsom Says These Middlemen Drive Up Drug Prices. He’s Got a New Plan to Fix It More at laist.com...
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Gov. Kay Ivey Signs Bill Regulating Hemp Products in Alabama More at wvtm13.com...
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Alcohol Use Is Declining. THC Is Swooping In More at cnn.com...
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An Alleged Smuggler to Colombia’s Cartels Had a Secret Ally: The DEA More at apnews.com...
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DEA Says Legal States “Aid Cartels” While Prohibition States Fuel Illicit Trade More at marijuanamoment.net...
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2 Senate Democrats Press Likely DEA Head on Cannabis Rescheduling Stance More at cannabisbusinesstimes.com...
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Members of Congress Seek Probe of Medicaid Funds Used to Fight Florida Legalization More at marijuanamoment.net...
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Lawmaker ‘Reborn’ Through Psychedelic Therapy Wants the GOP to Embrace It More at wsj.com...
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Spurned Alabama Medical Cannabis Company Sues State in Federal Court More at mjbizdaily.com...
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Analysis: State-Legal Cannabis Sales Top $30 Billion in 2024 More at norml.org...
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Trump Picks Anti-cannabis Prosecutor to Run Federal Pardon Office More at marijuanamoment.net...
Cool Finds
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From Waste to Wonder-Material: Hemp Graphene Could Be the Future of Batteries More at businessofcannabis.com...
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Today in History: 1922, New Hemp Industry Was Driving Building in Rio Oso More at appeal-democrat.com...
Stocks and Startups Briefs

05/16/25
Ayurcann Holdings Corp. (CSE: AYUR, OTCQB: AYURF) reports record sales growth in Q3 2025

05/15/25
Rubicon Organics Inc. (TSXV: ROMJ) (OTCQX: ROMJF) to report Q1 2025 results
CEA Industries Inc. (NASDAQ: CEAD, CEADW) reports Q1 2025 results
TILT Holdings Inc. (OTCPK: TLLTF) reports Q1 2025 results
Avicanna Inc. (TSX: AVCN) (OTCQX: AVCNF) reports Q1 2025 results and first profitable quarter

05/14/25
Planet 13 Holdings Inc. (CSE: PLTH) (OTCQX: PLNH) announces Q1 2025 financial results
Blum Holdings, Inc. (OTCQB: BLMH) reports Q1 2025 financial results
Advanced Flower Capital Inc. (Nasdaq: AFCG) announces financial results for the Q1 2025
Chicago Atlantic BDC, Inc. (NASDAQ: LIEN) reports Q1 2025 financial results

05/13/25
Buscar Company (CGLD) acquires 50% stake in hemp-based bioplastics company
Astrotech Corporation (Nasdaq: ASTC) reports Q3 of fiscal year 2025 financial results
Hydrofarm Holdings Group, Inc. (Nasdaq: HYFM) announces Q1 2025 results

Inspiration