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Cannabis Stocks Soar on Hopes Pot Wards Off Coronavirus

Cannabis company stocks are skyrocketing as investors are high on new hopes that marijuana might help ward off the deadly coronavirus. Shares in major pot firms climbed in late trading Thursday after The Post reported on a Canadian study showing that certain strains of cannabis may help prevent COVID-19 from entering host cells. Canadian pot …

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Man Serving 18 Years On Marijuana Charges Just Died In Federal Prison COVID-19 Outbreak

The most recent inmate to die as the COVID-19 crisis rips through the federal prison system is a 62-year-old who had less than two years left on an 18-year sentence for marijuana charges. Fidel Torres was sentenced to 220 months in prison way back in 2006 after he waived a jury trial and let a …

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Does the Fair Labor Standards Act Apply to Cannabis Businesses? The U.S. Supreme Court May Decide

Cannabis isn’t federally legal. Companies who operate in the cannabis space really only have the protection of the state’s laws in which they operate. Even full compliance with state laws is no shield to federal penalties or enforcement. Also, there is always a risk that cannabis contracts may not be upheld in court because they …

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New Cannabis Store Slated for Sudbury Offers Home Delivery

Greater Sudbury could soon be home to two more cannabis stores, including one based in Western Canada that offers customers home delivery. Officials with Fire & Flower Cannabis Co. say they hope to open their outlet at 1400 The Kingsway sometime in July. But as with everything else in the world today, the COVID-19 pandemic …

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Here’s How Canada Blew Its Chance to Be a Cannabis Leader

Despite being the first industrialized country to legalize adult-use pot in the modern era, Canada’s ambitions of being a marijuana leader have gone up in smoke. For years, cannabis stocks were virtually unstoppable. Following a more-than-tripling in worldwide sales between 2014 and 2018 to $10.9 billion, Wall Street and investors sent pot stock valuations into …

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From Fool to Cool (Or, how people’s attitude towards these three letters – CBD – have changed)

SPONSORED CONTENT  – A true Cinderella story in the pharmaceutical world. Global drug prohibition policy in brief The first anti-drug laws go back to the late 19th century America and span over a century: The 1870s – anti-opium laws directed at Chinese immigrants. The 1900s – anti-cocaine laws directed at African American men in the …

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