On March 30, 1961, the United Nations adopted the Single Convention on Narcotic Drugs, a treaty to control and regulate certain substances considered to have medicinal value, while prohibiting the use of drugs and narcotics considered harmful to society and with no medicinal value. The treaty created four schedules of controlled substances and assigned the […]
Tag Archives | Prohibition
The following story is an update to our previous post on Constellation Brands’ stock purchase of Canadian medical marijuana company Canopy Growth Corporation. Alcohol producer Constellation Brands — owners of the popular beer brand Corona, who earlier this year invested USD$191 million in Canadian medical marijuana producer Canopy Growth Corporation — announced this week it’ll […]
Michigan is considered the second largest medical marijuana market in the United States, hot on the heels of California, and is expected to soon become a $700 million industry. This year marks 10 years since medical marijuana laws were established in the state, and in July the first cannabis licenses were issued to four large […]
Former Deputy Attorney General James Cole has revealed he thought it was only “a matter of time” before Attorney General Jeff Sessions rescinded the memo that provided more relaxed guidelines for cannabis in the United States. And Cole added that while he hoped the document may have been left alone, his belief was that Sessions […]
Throughout the nation, the 2018 midterm elections are being scrutinized under the proverbial microscope, as Democrats try to take back Congress in opposition to the policies enforced by the Trump administration. Candidates in highly contested districts are looking for a silver bullet that will help them reach victory — and there are indications that having […]
The reputation of cannabis in the 1970s was one of stigma, stereotype and stagnant sciolism. Demonized by the government, the media, and anyone who opposed the political and social opinions of “stoners,” it has since taken almost half a century to chip away at this negative perception of cannabis, propagated by then-President Nixon’s prevailing war […]
Much like all other life on Earth, cannabis evolved naturally — that is, until humans discovered its many uses and began breeding it to our desires. For thousands of years, people all over the world have cultivated this crop for food, fiber, medicine and fuel, and every single time they have planted a new seed, […]
As the cannabis industry merges its hoodies and Carhartts with three-piece suits and Brooks Brothers loafers, a steady bass beat of IPOs is currently sounding like music to investors’ ears. And for those marijuana companies debuting on US stock markets, like the New York Stock Exchange or Nasdaq, it is effectively signaling to the world […]
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