Cannabis Countdown: Top 10 Marijuana And Psychedelics Industry News Stories Of The Week

Cannabis Countdown: Top 10 Marijuana And Psychedelics Industry News Stories Of The Week

Welcome to the Cannabis Countdown, the Legal Marijuana Industry’s Number One Curated Weekly News Recap.

In This Week’s Edition, We Recap and Countdown the Top 10 Cannabis and Psychedelics Industry News Stories for the Week of February 22nd – 28th, 2021.

Without further ado, let’s get started.

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10. Red White & Bloom to Enter Third Largest U.S. Cannabis Market With Acquisition of Acreage Holdings’ Florida Operations

Florida’s Cannabis Market is the Third-Largest in the U.S., With 2020 Medical Marijuana Sales Exceeding $1.2 Billion

Red White & Bloom (OTCQX: RWBYF) announced that the company has struck a deal with Acreage Holdings (OTCQX: ACRGF) to acquire its Florida operations. Upon closing of the deal, RWB will have operations or brands in 6 of the top 10 U.S. states, which generated combined revenue of over $8.8 billion last year.


9. Missouri Bill Would Add MDMA, Psilocybin Mushrooms and LSD To Right-to-Try Law

Missouri Residents With Debilitating, Life-Threatening or Terminal Illnesses Could Cain Legal Access to an Array of Psychedelic Drugs Under New Legislation Aimed at Expanding the State’s Existing Right-to-Try Law

A bill introduced last week by Republican Rep. Michael Davis of Kansas City would allow seriously ill people to use substances such as MDMAPsilocybin (Magic Mushrooms), LSDDMTMescaline and Ibogaine with a doctor’s recommendation after exhausting all other approved treatment options. It would also remove felony penalties statewide for simple possession of the drugs, reclassifying low-level offenses as misdemeanors.


8. The London Stock Exchange Opens For Business With The Cannabis Industry

The Brexited City of London is Now Allowing Cannabis Firms to Trade on the Exchange – What Will Be the Impact in the UK if Not the EU Beyond That?

The newly Brexited City of London is broadening its reach to allow cannabis firms to list on the LSE. This development is absolutely because of the European divorce, but also a sign of the potential, if not appetite, for further sector development domestically. Cannabis reform has marched slowly forward in the UK since 2017. The LSE opening, however, could easily be the rocket fuel it needs. Indeed, early results have been nothing short of stratospheric.

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