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- 🚨 $10M Bronx Drug Bust
🚨 $10M Bronx Drug Bust
Mayor Adams on site as trucks loaded one-by-one. Plus, Google co-founder invests in psychedelics.
Aaron & Asli Coskun
July 23, 2024
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Happy Tuesday Cannabis Investors: Cannabis stocks showed significant movement following a major announcement from President Biden. Check out our analysis of the latest market shifts and what’s driving these changes.
Plus, check out our chart of the week. Do analyst's Q2 estimates reveal an expectation of a slowdown?
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TOP STORY
Briefly: In a surprising turn, supporters of Trump and DeSantis are showing strong support for cannabis legalization, despite the staunch anti-weed stance of these politicians.
So: Recent polls reveal that nearly half of white men without college degrees, who generally back Trump, also support legalizing marijuana.
Why It Matters: This growing divergence could signal a significant shift in the political landscape of Florida, where the clash between anti-weed politicos and pro-cannabis voters is intensifying.
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ZINGERS
Cannabis Stocks: 'Opaque Political Processes,' DEA Rescheduling Deadline, And Now A New Presidential Candidate, It's No Wonder Cannabis Stocks Are All Over The Place
Psychedelics Research: Google Co-Founder Sergey Brin Pledges $15M To Psychedelics Research Start-Up
New York: $10M Bronx Drug Bust, Mayor Adams On Site As Trucks Loaded One-By-One
Japan: Japanese Artist Arrested For Cannabis Possession Challenges Nation's Strict Laws, Echoing Global Shift
ONE MORE FOR THE ROAD
Briefly: Vice President Kamala Harris has undergone a significant shift in her stance on cannabis legalization.
So: Once a staunch prosecutor of marijuana offenses, Harris now advocates for decriminalization and full legalization. Her change of heart includes co-sponsoring the Marijuana Justice Act and pushing for rescheduling cannabis under federal law.
Why It Matters: This evolution in her position could have profound implications for the industry, especially if she becomes the Democratic nominee.
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