Your Top 5 News Stories - October 18, 2021

October 18, 2021

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European Lessons from U.S. Cannabis Legalization Journey

More than €100 million ($116.2 million USD) has been invested in medical cannabis-focused companies across Europe in the past 18 months. 


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DEA Proposes Dramatic Increase in Marijuana and Psychedelic Production in 2022 Calling for 6,300% More MDMA Alone

The DEA is calling for dramatically increased production of cannabis and psychedelics (e.g., psilocybin, LSD, MDMA, and DMT) for research. 


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Three years in, more than 100 Massachusetts communities have at least 1 licensed cannabis shop

The state’s industry has passed $2 billion in sales since 2018, with more than 100 communities having at least one licensed operation. 


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Analysts Agree: Despite Market Downturn, Cannabis Is 'A Real Opportunity For The Long Term'

A NYC panel discussion among cannabis investors pondered whether a current downtrend is a good time to double down on market opportunities. 


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Too high to get it right: The effect of cannabis legalization on the performance of cannabis-related stocks

A study of Canada’s adult-use legalization from 2015-2020 suggests that it has thus far been unsuccessful from a stock market perspective. 


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