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

Welcome to the Cannabis Countdown. In This Week’s Edition, We Recap and Countdown the Top 10 Marijuana and Psychedelics Industry News Stories for the Week of June 15th – 21st, 2020.

Without further ado, let’s get started.

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10. VIDEO: TCI Interviews Brad Rogers, CEO of Super State Operator Red White & Bloom

TCI Host Alyssa Boston (Miss Universe Canada 2019 + Cannabis Crusader) Recently Sat Down with Brad Rogers, CEO of Red White & Bloom

Brad Rogers, CEO of ‘Super State Operator’ Red White & Bloom TDRYD shares his thoughts on the U.S. cannabis industry as well as his vision for RWB following the company’s successful IPO.

WATCH FULL RED WHITE & BLOOM VIDEO

9. MindMed to Commence Phase 1 Clinical Trials on DMT, the Active Psychedelic Ingredient in Ayahuasca

The Phase 1 Clinical Trials Will Put MindMed in a Position to Potentially Progress to Future Phase 2A Proof of Concept Trials Down the Road

MindMed MMEDF plans to use the Phase 1 Study to experiment with dosing methods to better understand how humans react to Ayahuasca’s active Psychedelic ingredient, DMT.

READ FULL MINDMED ARTICLE

8. New Study Sheds Light on How Psilocybin From Magic Mushrooms Dissolves Ego

If You’ve Ever Done Magic Mushrooms, You Know That Your Ego — or Your Sense of ‘Self’ — Can Melt Away as Quickly as the Wallpaper Seems to

Despite years of anecdotal accounts of good trips and bad trips, the ‘Ego Disintegration’ or ‘Ego Loss’ caused by Psilocybin — the active Psychedelic in Magic Mushrooms — has never been properly studied, until now.

READ FULL PSILOCYBIN ARTICLE

7. Bernie Sanders Calls for Marijuana Legalization in Senate Floor Speech on Policing Reform

During a Speech on the Senate floor, Sanders Discussed a Wide Range of Changes That He Feels Should Be Implemented to Policing and Criminal Justice Policies

Sen. Bernie Sanders (I-VT) said on Wednesday that Congress should federally legalize marijuana as another step toward enacting policing reform and addressing racial injustices.

READ FULL BERNIE SANDERS ARTICLE

6. Beyond Mental Health: Psychedelics as a Treatment for Human Physical Diseases

Psychedelics Can Also Be Used to Treat Other Human Conditions That Are Not Related to Mental Health

Researchers are discovering more positive aspects of Psychedelics as they continue their work to medicalize Psychedelic substances as treatments for conditions of mental health.

READ FULL PSYCHEDELICS TREATMENT ARTICLE

5. Alleged Trump Marijuana Promise at Center of Feud Between White House Aide, Reporter and GOP Operatives

The Controversy Wasn’t Solely About the Trump Administration’s Position on Cannabis Legalization

President Donald Trump’s stance on marijuana legalization became the jumping-off point for a spat between a top White House aide, Republican operatives and a reporter on Thursday after Chief of Staff Mark Meadows laughed off a question about the prospects of broad cannabis reform advancing before the election in November.

READ FULL TRUMP CANNABIS ARTICLE

4. American Cannabis Could See Increased Attention on U.S. Markets

New Cannabis Ventures Alan Brochstein Shares His Views on How He’s Seeing Increased Interest From U.S. Stock Exchanges Potentially Listing U.S. Cannabis Companies

In addition, Brochstein also explores how COVID-19 could inspire Cannabis companies to work together to find more profit through unification on the legal market versus the illegal market. In a time where health and wellness supersede everything, quality assurance and safety measures are presenting a big opportunity for the legal market to thrive.

READ FULL U.S. CANNABIS ARTICLE

3. Colorado Psilocybin Reform Ballot Measure Likely After New Poll Shows Strong Voter Support

The Flow of Good News Continues for Advocates of Psilocybin aka Magic Mushrooms

According to a new poll, roughly half of Colorado voters are likely to support a measure to decriminalize possession of Magic Mushrooms and create a legal process for the growth and sale of the popular Psychedelic, Psilocybin.

READ FULL PSILOCYBIN REFORM ARTICLE

2. This CEO Says Marijuana Will Be Federally Legal By 2022

Should States Continue to Legalize, One Top Cannabis Executive Believes the Feds Will Soon be Forced to End Prohibition Nationwide Within the Next Couple Years

“My assumption is that 2022, for me, is the magic number,” Canopy Growth CGC CEO David Klein told CNBC’s, Jim Cramer. Cramer had asked Klein whether state and local governments will leverage cannabis to uplift slashed budgets and down economies.

READ FULL FEDERAL LEGALIZATION ARTICLE

1. Michigan’s Cannabis Industry is Thriving and This Company is Dominating the State with a 22% Share of the Market

Weekly Recreational Cannabis Sales in Michigan Recently Surpass Medical Sales for the First Time Since the State’s Adult Use Market Opened in December 2019

The newly public ‘Super State Operator’ Red White & Bloom RWB TDRYD has been quietly cornering the highly lucrative Michigan cannabis market and thanks to its first-mover advantage, RWB now controls a 22% market share in the Great Lakes State.

READ FULL MICHIGAN ARTICLE

Photo by Esteban Lopez on Unsplash