Following a stunning first quarter of 2019, which saw more than a dozen popular cannabis stocks rally by at least 70%, the past 11 months have been nothing short of a train wreck for the green rush. Supply issues (both shortages and bottlenecks) have plagued the adult-use legal Canadian market, while wide price gaps between legal and illicit weed have led to struggles for vertically integrated multistate operators in the United States.

The notion of limiting THC in cannabis products is one that is as old as legalization itself. It’s almost as if government officials feel they are losing control over part of people’s lives and want to do what they can to retain as much control as possible.

Equities on Wall Street suffered their worst week since the global financial crisis in 2008 after a surge in new cases of the coronavirus was reported outside of China, fueling fears of a global pandemic. 

Pot stocks were not immune to the fallout from the outbreak this week, having steadily dropped since Monday amid the broader market sell-off that was sparked by the new infections in Italy and South Korea.

For pot stocks, concerns over potential disruptions in the supply chain, which is dependent on Chinese manufacturers, drove the sell-off.

Professional wrestler and vocal weed lover Rob Van Dam responded to a fan’s tweet with some very exciting news for fans of the fighter and his substance of choice.

“@TherealRVD needs to drop his own strain,” a Van Dam fan tweeted at the wrestler. “4.20 Denver. It’s happening,” Van Dam replied.

Although he has yet to disclose any further details about the endeavour, fans were highly receptive of the news.

Pedestrian fatalities have reached a 30-year high in the U.S. and smartphones, SUVs and marijuana may be to blame.

A new study has found that 6,590 pedestrians were killed in car crashes in 2019, an increase of five per cent from the previous year and up 60 per cent from 2009. That also happened to be the year the first smartphones starting appearing, New York Post reports.

There are plenty of legitimate operators who actually want to help the industry get over these growing pains, create good and safe products, and beat down the illicit market.

It’s been pretty clear over the last year that not everyone has been in the cannabis business to build a thriving new cash crop industry. The stories of startups making claims about growth and sales, enticing investors, then bailing with millions in ill-gotten gains, have become part of the early history of this industry. Business fraud seems almost endemic right now.

ALS causes the degeneration of nerves that control voluntary muscle movement, like those that allow us to chew, speak, and walk.

Charlie Wedemeyer was one of Hawaii’s greatest athletes when he attended Punahou School in the 1960s. He was the quarterback for the football team, but also excelled at basketball and baseball. Charlie was named the Hawaii Prep Athlete of the 1960’s and went on to play football for Michigan State.

In 1978 Charlie was the football coach at Los Gatos High School in California when he was diagnosed with Amyotrophic Lateral Sclerosis (ALS). Like many athletes before him, including the great Lou Gehrig, Charlie Wedemeyer would find a fight he could not win in ALS.

CBD products must now meet the Clean at Sephora standard, which states that all Sephora products are clear of 50+ ingredients that don’t meet their satisfaction.

Sephora has been devoting big chunks of time and effort into the CBD industry, pursuing partnerships with small and large companies in order to sell these products as legitimate beauty compounds. This past week, Sephora announced that they were now enforcing some standards on the CBD products in their stores, ensuring that all of their products are trusted and of high quality.

California is ripe with opportunity for marijuana stocks. The West Coast cannabis industry is widely regarded as the largest in the world. Despite the state legalizing recreational cannabis back in 2016, California has a long history with cannabis starting back in 1996. 24 years ago, the state passed Prop 215 which is also known as the Compassionate Care Act. Prop 215 effectively allowed one of the first statewide cannabis markets to begin in the U.S.

The stigma surrounding weed still exists. But it’s the simple fact that recreational consumption has now come to some of the most populous states in the country that attitudes are changing. 

Ah, the good old days. Remember?

Even just a few years ago, you could fire up that joint, or activate that vape, and suddenly you were the person at the party who everybody shunned, even in states where recreational consumption was legal. The smell of marijuana wafting through the kitchen of a host’s house could get you kicked out.