News Americas, NEW YORK, NY, Fri. May 26, 2023: Here are the cannabis headlines making marijuana news globally and in the Caribbean and Latin America this week in less than 60 seconds:
Hulk Hogan is getting into the CBD, THC, and mushroom business, after his own life-changing experience using cannabidiol. The 69-year-old former wrestler is launching his own brand with Carma HoldCo, the company that produces Mike Tyson’s “Tyson Ranch 2.0” and Ric Flair’s “Ric Flair Drip” premium cannabis lines.
The Netherlands new legislation forbidding the smoking of cannabis in public in the old city centre of Amsterdam is now if effect.
Federal regulators claim rapper Patrick Earl Williams, who uses the stage name BigRigBaby, ran a Ponzi-like scheme with his partner Rolf Max Hirschmann for several years. The men raised $60 million for a marijuana business called WeedGenics but allegedly pocketed the money for personal use dating back to at least 2019.
An infectious pathogen inside California’s pot farms is attacking cannabis plants and growing invisibly for months only to spoil a crop just as a farmer is ready to harvest. Scientists believe that it’s in nearly every pot farm in the state and could be causing billions of dollars in damages to the national weed economy.
A key US House committee has blocked amendments to legalize marijuana and carry out a federal study into “the prevalence of fentanyl-tainted” cannabis from receiving floor votes. The proposals were both filed by Republican lawmakers who sought to attach them to a broader bill to ramp up criminalization of the opioid.
Tilray Brands, Inc. has announced that its medical cannabis division, Tilray Medical and FL Group, the Company’s subsidiary in Italy, have received authorization from Italy’s Ministry of Health to distribute three new medical cannabis compounds to pharmacies across Italy further broadening its portfolio of pharmaceutical grade cannabis offerings.
On the grounds of the Bob Marley Museum in Jamaica, the “Marley Natural” store sells cannabis products and accessories.
Stocks this week to consider are
Canopy Growth (CGC), JUSHF, Jushi Holdings Inc., and TRSSF, Terrascend Corp.