News Americas, NEW YORK, NY, Fri. March 25, 2022: Here are the cannabis headlines making marijuana news globally and in the Caribbean and Latin America for today, March 25, 2022 in less than 60 seconds:
Ben Wallace, NBA Hall of Fame player and Detroit Pistons’ legend, has officially unveiled Undrafted®—a new brand of cannabis products, strain and merchandise with Jackson-based Rair.
The U.S. House of Representatives plans to vote on a bill to federally legalize marijuana for the second time in history next week. The body will take up the Marijuana Opportunity, Reinvestment and Expungement (MORE) Act, which could remove cannabis from the list of federally controlled substances.
Meanwhile, The US Senate passed a bill to cut red tape around the research process of marijuana and marijuana-derived medications. This will help get FDA-approved, marijuana-derived medications safety to patients.
Mike Tyson’s newly launched cannabis company, Tyson 2.0, has acquired a majority stake in Ric Flair Drip, Inc. — the 16-time World Heavyweight Wrestling Champion’s business entity — with the aim of launching a second celebrity cannabis line in its portfolio and furthering their house of brands strategy.
A new study has found that CBD improves a variety of physical and psychological symptoms associated with menstruation and can be consumed in a targeted way around an individual’s menstrual cycle.
The global cannabis products market is expected to grow from $28.0 billion in 2021 to $35.0 billion in 2022 at a compound annual growth rate (CAGR) of 25.0%. The market is expected to reach $80.0 billion in 2026 at a CAGR of 23.0%.
A Ukrainian refugee derailed a live TV interview by asking a news reporter if cannabis was legal in Britain yet – as he was boarding a bus to get to safety. While a Sky News reporter was on air, the man asks her a question and she can’t hear him, so he repeats into her microphone: “Is cannabis legal in Great Britain?”
Andrew Davis, a Jamaican national, was recently sentenced to 295 months in Connecticut, USA for marijuana trafficking, firearm possession and money laundering offenses.
And Two Marijuana Stocks To Consider Buying And Holding Are: Trulieve Cannabis (TCNNF) and Planet 13 Holdings (PLNH.F)