washington DC

District of Columbia Council Chairman, Phil Mendelson, introduced a new emergency bill to reform the medical marijuana market in the nation's capital where cannabis is fully legal but due to a convoluted bicameral omnibus spending bill, marijuana sales are banned in the District. The bill...

President Joe Biden has once again moved to exclude Washington, D.C. from legalizing marijuana sales as part of the budget proposal for Fiscal Year 2023, which he sent to Congress Monday.  Despite DC voters having overwhelmingly approved cannabis legalization in 2014, the district government...

Novamind Strikes Research Deal With Merck Psychedelics company Novamind (PINK: NVMDF) announced a subsidiary has been selected as a research site for a clinical trial of a compound developed by pharma giant Merck (NYSE: MRK). The phase II trial will assess the efficacy and safety of MK-1942,...

While many 2020 memories will be gladly left behind, that's not necessarily the case for psychedelics. There was unprecedented renaissance as psychedelic compounds, and their potential to treat mental health conditions, became one of the centerpieces of this year’s public...

Oregon has become the first state in US history to set up a program that regulates psilocybin, the active psychedelic ingredient in “magic mushrooms.”  Measure 109 was approved by 55.8% of voters in a ballot vote on Election Day. The measure creates a state-licensed psilocybin-...

Psyched is a bi-monthly column covering the most important developments in the industry of medicinal psychedelics. We hope you follow us periodically as we report on the growth of this exciting new industry. Champignon Brands Buys IP Company and Adds Ketamine and New Formulations To Its Portfolio...

Privately, CEOs are probably like most people, fed up with gridlock in Washington and feeling somewhat powerless to do anything about it. Based on the “polite declines” Benzinga received when reaching out to several corporate leaders for comment, however, many preferred to keep...

This is the second missive of a two-part series on cannabis stocks in 2014.  Click here to read part one. Hemp, Inc. (OTC: HEMP) has gained about 320 percent this year. This fellow pink-sheet has engaged in several transactions with other penny-stock companies as part of a "consulting service...

It’s now March but the winter isn’t showing signs of letting up. Over the weekend, a giant storm, Titan, dropped up to nine inches of snow in parts of the Midwest. Monday it affected the east coast. The winter season that began in 2013 is set to be one of the worst on record. Often, we only...

The market has had a lot to digest lately. The government shutdown and budget talks, Janet Yellen being nominated as the next Fed Chair and the start of earnings season, just to name a few. Overall, the market has done well digesting and absorbing the news, and the bulls make a strong...

The S&P 500 was able to close out last week with a one-point loss even though the government shutdown continued into the weekend. It appears investors believe the politicians will come to an agreement sooner rather than later or they have turned their attention to earnings season that is...

The last several years have seen the beginning of an exponential shift in the economic prowess of U.S. cities. If you were to ask the average layperson which cities he or she believes are on the rise in terms of not only financial growth, but also sustainability, you might get the standard...