In spite of some good news on the legalization front, cannabis stocks traded down this week, largely driven by lackluster earnings reports out of big Canadian companies.
On Monday, New Mexico became the latest state to legalize adult-use cannabis, after Gov. Michelle Lujan Grisham signed the Cannabis Regulation Act. Sales are expected to begin before April 2022.
Following a legalization wave led by New York and Virginia, this approval puts more than 43% of Americans living in legal cannabis jurisdictions, according to The Marijuana Policy Project.
Switzerland will officially launch a trial version of a legal recreational cannabis market on May 15. The Swiss Federal Office of Public Health noted that the trial aims to offer “a scientific basis for the future regulation of cannabis.”
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NEW YORK, Dec. 18, 2020 /PRNewswire/ High Herstory, the highly anticipated historical comedy series at the intersection of cannabis and feminism, will be available for streaming through distribution partner, Social Club TV, early next year.
The series, which tells the stories of historical women who paved the way for modern living, introduces the viewers to Ellen Ochoa, the first Latina astronaut, Stagecoach Mary, the first Black woman in the US to become a star route mail carrier, Dr. Sara Josephine Baker, the mother of modern public health, among other under-discussed heroines, through comical reenactments. The storytellers, of course, unapologetically consume cannabis throughout each episode.\