Your Top 5 News Stories - July 16, 2021

July 16, 2021

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finance

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Federal Legalization Update + 2021’s Big Cannabis Deals
New Frontier Data research found that companies in the U.S. legal cannabis company raised $ 7.7 billion during the first half of this year. 

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Why Are Cannabis Stocks Down?
Citing several reasons for the blip, Cantor Fitzgerald analyst advises investors to “make use of yesterday’s weakness” despite good news. 

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Biden needs to help end federal cannabis prohibition
An industry advocate warns that Biden’s repeated opposition to federal cannabis legalization fails some key constituents who elected him. 

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Study shows strong association between perceived risk, availability and past-year cannabis use
Using national surveys from 2002-2018, researchers found that a prevalence of perceiving cannabis use as low-risk doubled over the period. 

hemp

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Massive Houston hemp facility has its eyes on a cannabis-infused future
Understanding that an industry bottleneck was existing on hemp’s processing side, the founders “created the company we couldn’t find.”

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NewFrontierData.com

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