Marijuana News Today – May 7, 2021


nyc-weed-rally
An activist smokes out of a glass pipe during the annual NYC Cannabis Parade & Rally in support of the legalization of marijuana for recreational and medical use, on May 1, 2021 in New York City. (Photo by ANGELA WEISS/AFP via Getty Images)

News Americas, NEW YORK, NY, Fri. May 7, 2021: Here are the cannabis headlines making marijuana news globally and in the Caribbean and Latin America for today, May 7, 2021 in 60 seconds:

Get Ready for Legal Marijuana In North Carolina – At Least On Tribal Land. The tribal council for the Cherokee in western North Carolina has voted Thursday to legalize medical marijuana on tribal lands.

Once-rival cannabis producers Tilray and Aphria completed their mega-merger, the new company announced This week, forming one of the biggest diversified marijuana, hemp and beer companies in the world.

Chris Webber, an NBA All-Star and founder of Webber Wellness, and Jason Wild, Founder and Chief Investment Officer of JW Asset Management, have teamed up to launch a $100 million cannabis impact fund.

Israeli pharma-tech company Syqe Medical has received regulatory approval from Canadian health officials to export and sell its micro-dosing cannabis inhaler on the Canadian market.

Jamaica police Have Seized Over 1,000 pounds of marijuana in two separate raids in the past week. Cannabis in Jamaica is still illegal, but possession of small amounts was reduced to a petty offence in 2015.

Swiss lender Credit Suisse Group AG has reportedly told customers in recent months it will no longer execute transactions in shares of cannabis companies with U.S. operations or hold them on behalf of clients.

Leafly has named the top cannabis strains for may. The top three are: Orangeade, zimZims and Project 4516.

Investors seeking to enter the Barbados Cannabis Sector now have it easy with all the services needed under one roof being services by Invest Caribbean and Ritzury at investcaribbeannow.com.

And three cannabis stocks to look for this week are: Ayr Wellness (OTC:AYRW.F), Cresco Labs (OTC:CRLBF) and Trulieve Cannabis Corp.(TCNNF).



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