The latest poll of New Zealand’s voters has revealed a further rise in support for cannabis legalisation. The public is set to vote on the Cannabis Legalisation and Control Bill in less than three months. Votes for the referendum will be taken alongside ballots for the General Election in September.
As the dust settles after the inaugural two-day event we’ve gathered some of the best takeaways from the expert talks and panel discussions:
Researchers in the US who want to investigate the medical benefits and risks of cannabis are frustrated. They would like to evaluate the wide array of cannabis products sold in states where cannabis is legal, but federal law prohibits them from doing so because cannabis is still illegal at the federal level.
Two Canadian researchers think that a special strain of cannabis might potentially be a valuable tool in the fight against COVID-19.
The researchers, Olga and Igor Kovalchuck have reportedly been developing and testing a novel cannabis strain for years, except with the goal of creating a strain that helps to combat cancer and inflammation. When the pandemic hit, the duo started to focus their efforts on how the strain might be used to help fight COVID-19.
Amid the chaos of 2020, which has included a stock market crash, the coronavirus disease 2019 (COVID-19) pandemic, and even some hoopla about the arrival of murder hornets, there's still the realization that this is an election year. In a little over four months, Americans across the country will be heading to the polls or mailing in their ballots to determine who'll lead the U.S. for the next four years.
Aurora Cannabis (NYSE:ACB) announced some business transformation plans on June 23. The plans included cost savings and margin improvement. The company also announced a reduction in the workforce, which is definitely not positive news for the employees. However, the news went well with analysts. They’re happy with Aurora Cannabis’s progress with being on track to achieve positive EBITDA. Aurora Cannabis stock closed with a gain of 0.66% on Wednesday.
When quality deserves repeating.
The pandemic forced some legalization campaigns to fold, but others are still fighting to make it before voters in November.
The coronavirus pandemic may have upended marijuana advocates’ plans for a banner year of legalization ballot initiatives. But advocates in a handful of states are still fighting to salvage campaigns to put legalization questions to voters in November.
An update to Michigan’s cannabis industry regulations will no longer require operators in the space to maintain labor peace agreements, which are meant to protect the industry and its workers.
As more states legalize their medical and/or recreational cannabis markets, the demand for jobs in the emerging industry has exponentially increased. According to a 2018 study by top cannabis researcher ArcView, the space is poised to create 414,000 jobs by 2021.
