Psychedelic Drugs Looks At FDA Approval Process
Among the four Food and Drug Administration (FDA) pathways for developing new drugs faster are Fast Track, created in 1997, designed to expedite the review of drugs to treat severe conditions and fill an unmet medical need; and Breakthrough Therapy, created by the FDA in July 2012, a process designed to expedite the development and review of drugs that are intended to treat […]
Charlatans, Lack Leadership, Bureaucracy Carried U.S Hemp Down to Earth
When it comes to the smackdown suffered by the U.S. hemp industry over the last three years, most injuries were self-inflicted. As an assortment of charlatans pitched get-rich-quick schemes, and self-appointed “leaders” and “experts” amassed around CBD, the true potential of hemp – in the food, construction, biocomposites, and other significant sectors – got lost in […]
Survey Highlights Sharp Decline in Current Marijuana Consumption by Teens
Fears about youth and weed prove unfounded. Yet another study has shown that fears about teens increasing marijuana use due to legalization are unfounded. A new survey from the state of Colorado shows that teen use of cannabis dropped 35 percent from 2019 to 2021. The information came from the Healthy Kids Colorado Survey, conducted every […]
As CBD Rush Ends, U.S Hemp Faces Shrinking Returns
As the gold rush in the CBD sector appears headed for a bitter end, it has left U.S. Hemp a mere shadow of its former self, with reports showing the industry has shrunk roughly 80% from its 2019 peak. According to Stamford, Connecticut-based researcher Hemp Benchmarks, 107,702 outdoor acres have been licensed this year, down […]
Cantor Descends Flower & Fire, Auxly Cannabis
Cantor Fitzgerald analyst Pablo Zuanic downgraded Fire & Flower (OTC: FFLWF) and Auxly Cannabis Group to Neutral from Overweight and cut his price targets for both. Challenges within the Canadian cannabis market were cited as the overarching reason. Canadian Problems Zuanic noted that the market has hit a saturation point. He wrote in his report, “There […]
Smokable Hemp Products Called Off, Texas Court Rules Re-imposes It as ‘Inherently Vicious’!
Consumers in Texas can continue to puff hemp, but the production of hemp smokables is outlawed in the state as a result of a recent Supreme Court ruling. The ruling is the final word in a legal battle between state health officials and producers that started last year when hemp company Wild Hemp led a […]
5 Means to Style a Clever Investment in Psychedelics
Financial advisors will always remind an investor that any investment comes with risk. It can be complicated because it involves more than just following market metrics about past earnings and current standings throughout a company’s history. World events affect many investments across the board. For instance, today’s investment risks include issues with oil supplies and […]
Shedding Light on what is Hashish Oil and How to Use It?
American basketball player Brittney Griner was arrested in February by Russian police after being accused of smuggling hashish oil into the country. Russian authorities claim customs officials at an airport near Moscow found vape cartridges in Griner’s carry-on bag. Hashish oil is illegal in Russia, and possession of the substance is punishable by up to 10 years in […]
Albania Would Restrict Plan for Hemp Extract Business to International Stakeholders
Albania’s Ministry of Health has proposed legalizing the production of industrial hemp. However, this would limit business activity in the extracts sector to experienced companies from other European countries and limit trade in those products to exports. A National Agency for the Control and Monitoring of the Cultivation and Processing of the Cannabis Plant would be […]