--- title: Your Top 5 News Stories - July 16, 2021 description: Federal Legalization Update + 2021’s Big Cannabis Deals, Why Are Cannabis Stocks Down?, and more! image: https://blog.newfrontierdata.com/hubfs/Canabis-Insight-Daily1.jpg --- [![](https://blog.newfrontierdata.com/hs-fs/hubfs/logo-ondark.png?width=431&height=233&name=logo-ondark.png "logo-ondark.png")](https://newfrontierdata.com/) # Your Top 5 News Stories - July 16, 2021 July 16, 2021 [In Sight Daily](https://blog.newfrontierdata.com/topic/in-sight-daily) [![4f528f28-606e-4754-a619-23c8a915e165](https://blog.newfrontierdata.com/hs-fs/hubfs/4f528f28-606e-4754-a619-23c8a915e165.jpg?width=1025&name=4f528f28-606e-4754-a619-23c8a915e165.jpg)](http://newfrontierdata.com) [![Best-in-class-Equio782x90-1](https://blog.newfrontierdata.com/hs-fs/hubfs/Best-in-class-Equio782x90-1.gif?width=720&name=Best-in-class-Equio782x90-1.gif)](https://newfrontierdata.com/equio-features/) --- ![finance](https://blog.newfrontierdata.com/hs-fs/hubfs/finance.jpg?width=720&name=finance.jpg) | [![Screen Shot 2021-07-16 at 1.35.17 PM](https://blog.newfrontierdata.com/hubfs/Screen%20Shot%202021-07-16%20at%201.35.17%20PM.png)](https://californianewstimes.com/federal-legalization-update-2021s-big-cannabis-deals/442188/)   | [**Federal Legalization Update + 2021’s Big Cannabis Deals**](https://californianewstimes.com/federal-legalization-update-2021s-big-cannabis-deals/442188/) 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.  | | --- | --- | --- ![wild card](https://blog.newfrontierdata.com/hs-fs/hubfs/wild%20card.jpg?width=720&name=wild%20card.jpg) | [![Screen Shot 2021-07-16 at 1.36.34 PM](https://blog.newfrontierdata.com/hubfs/Screen%20Shot%202021-07-16%20at%201.36.34%20PM.png)](https://thefreshtoast.com/finance/why-are-cannabis-stocks-down/?amp)   | [**Why Are Cannabis Stocks Down?**](https://thefreshtoast.com/finance/why-are-cannabis-stocks-down/?amp) Citing several reasons for the blip, Cantor Fitzgerald analyst advises investors to “make use of yesterday’s weakness” despite good news.  | | --- | --- | --- ![legislative](https://blog.newfrontierdata.com/hs-fs/hubfs/legislative.jpg?width=720&name=legislative.jpg) | [![Screen Shot 2021-07-16 at 1.37.43 PM](https://blog.newfrontierdata.com/hubfs/Screen%20Shot%202021-07-16%20at%201.37.43%20PM.png)](https://www.msn.com/en-us/news/politics/biden-needs-to-help-end-federal-cannabis-prohibition/ar-AAMcF4y?ocid=BingNewsSearch)   | [**Biden needs to help end federal cannabis prohibition**](https://www.msn.com/en-us/news/politics/biden-needs-to-help-end-federal-cannabis-prohibition/ar-AAMcF4y?ocid=BingNewsSearch) An industry advocate warns that Biden’s repeated opposition to federal cannabis legalization fails some key constituents who elected him.  | | --- | --- | --- [![NXTecK-DMP-782x90](https://blog.newfrontierdata.com/hs-fs/hubfs/NXTecK-DMP-782x90.gif?width=720&name=NXTecK-DMP-782x90.gif)](https://newfrontierdata.com/nxteck/) --- ![medical](https://blog.newfrontierdata.com/hs-fs/hubfs/medical.jpg?width=720&name=medical.jpg) | [![Screen Shot 2021-07-16 at 1.40.08 PM](https://blog.newfrontierdata.com/hubfs/Screen%20Shot%202021-07-16%20at%201.40.08%20PM.png)](https://medicalxpress.com/news/2021-07-strong-association-availability-past-year-cannabis.html)   | [**Study shows strong association between perceived risk, availability and past-year cannabis use**](https://medicalxpress.com/news/2021-07-strong-association-availability-past-year-cannabis.html) Using national surveys from 2002-2018, researchers found that a prevalence of perceiving cannabis use as low-risk doubled over the period.  | | --- | --- | --- ![hemp](https://blog.newfrontierdata.com/hs-fs/hubfs/hemp.jpg?width=720&name=hemp.jpg) | [![Screen Shot 2021-07-16 at 1.41.21 PM-1](https://blog.newfrontierdata.com/hubfs/Screen%20Shot%202021-07-16%20at%201.41.21%20PM-1.png)](https://www.houstonchronicle.com/business/article/Massive-Houston-hemp-plant-has-its-eyes-on-a-16317623.php)   | [**Massive Houston hemp facility has its eyes on a cannabis-infused future**](https://www.houstonchronicle.com/business/article/Massive-Houston-hemp-plant-has-its-eyes-on-a-16317623.php) Understanding that an industry bottleneck was existing on hemp’s processing side, the founders “created the company we couldn’t find.” | | --- | --- | --- ![event](https://blog.newfrontierdata.com/hs-fs/hubfs/event.jpg?width=720&name=event.jpg) [![SORSEwebcast1-600x335-TW (1)](https://blog.newfrontierdata.com/hs-fs/hubfs/SORSEwebcast1-600x335-TW%20(1).jpg?width=600&name=SORSEwebcast1-600x335-TW%20(1).jpg)](https://newfrontierdata.zoom.us/webinar/register/4216191920335/WN_Q2N1O55yR3-ARBGygSoIkg?utm_campaign=Straight%20from%20the%20Sorse%20-%20Webcast%20Series&utm_source=email&utm_medium=HubSpot&utm_term=newsletter&utm_content=Sorse%20Webcast%20ep.1) --- [![SIN blue](https://blog.newfrontierdata.com/hs-fs/hubfs/SIN%20blue.png?width=389&name=SIN%20blue.png)](http://newfrontierdata.com) [![NFDLogoBlueAquaStacked](https://blog.newfrontierdata.com/hs-fs/hubfs/NFDLogoBlueAquaStacked.png?width=155&name=NFDLogoBlueAquaStacked.png)](http://newfrontierdata.com) [NewFrontierData.com](http://newfrontierdata.com) ![61734b2a-5216-4ab5-a33f-e6179eeccc23-2](https://blog.newfrontierdata.com/hs-fs/hubfs/61734b2a-5216-4ab5-a33f-e6179eeccc23-2.png?width=110&name=61734b2a-5216-4ab5-a33f-e6179eeccc23-2.png) 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