TGIF, Cannabis Investors! President Joe Biden’s historic remarks about cannabis reform in last night’s State of the Union speech sparked widespread discussion across the industry. Here’s what’s being said.

Plus, can you combine cannabis with Ozempic, Wegovy, and other weight-loss drugs? Here's what you need to know.

Also, check out the newest episode of Cannabis Insider, also available on Apple and Spotify.*

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TOP STORY

Biden Calls For Cannabis Reform In State Of The Union, A Historic First: 'No One Should Be Jailed For Simply Using It'

Briefly: It was short and sweet, but for the first time in history, a President of the United States mentioned cannabis reform in a State of the Union speech.

Quoted: President Biden said, "I am taking executive action on police reform and directing my cabinet to review the federal classification of marijuana and expunging thousands of convictions for the mere possession of marijuana because no one should be jailed for simply using it or have it on their record."

Why It Matters: There were mixed reactions to the speech. While some applauded President Biden for bringing additional attention to cannabis, others criticized continuing arrests, urging lawmakers to walk it, not just talk it.

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FIVE ZINGERS

Cannabis education for baby boomers goes bilingual: Spanish-language ads aim to destigmatize use.

Science confirms safe, effective daily dose of CBD for dogs - Long-term and no risks.

MindMed receives FDA 'Breakthrough Therapy' designation for LSD as anxiety treatment, shares positive results about related clinical trials.

Dispensary success: Essential standard operating procedures for a changing market.

Next-level investing: Navigating Europe's cannabis surge.

ONE FOR THE ROAD

High Tide Charts Course For Stability In Cannabis Market

Briefly: Brendan Mitchel-Chesebro, an analyst at cannabis data company BDSA, revealed key drivers behind the cannabis industry's explosive growth.

So Basically: This is largely due to the analytical understanding of Vahan Ajamian, the company’s capital markets advisor.

So Then: With Ajamian’s guidance, High Tide is exploring avenues for growth beyond Canada, eyeing the evolving U.S. market amidst talks of cannabis rescheduling.

So What? His analysis will show how companies can prepare for and adapt to new market conditions, leveraging High Tide’s successful retail model as a case study.

What Next: Ajamian is set to bring his wealth of knowledge to the Benzinga Cannabis Capital Conference, offering attendees a look into creating financial stability within the cannabis market.

Click here to read more.

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KEEP READING

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