Welcome to the latest edition of “Last week in Weed,” catching you up on the latest breaking news and industry developments in the world of cannabis.
Here’s what you may have missed over the last week:
MariMed Brings Nature’s Heritage Flower to Illinois
MariMed officially launched its premium Nature’s Heritage flower, pre-rolls, and vapes in Illinois last week, expanding its award-winning product lineup in the state. The move follows the late 2024 opening of the company’s Mt. Vernon cultivation facility. Nature’s Heritage joins MariMed’s other established brands like Betty’s Eddies and Bubby’s Baked, which are already in 82% of Illinois dispensaries. Chief Revenue Officer Ryan Crandall said the brand is expected to perform well, calling it one of their top sellers in other core markets.
CBD and CBG Ointment Shows Promise for Eczema Relief
A recent study has demonstrated that an ointment containing cannabidiol (CBD) and cannabigerol (CBG) effectively alleviates symptoms of eczema. The topical application led to significant improvements in skin hydration and reduced inflammation, suggesting cannabinoids’ potential as therapeutic agents for skin conditions.
Gary Payton Advocates for Cannabis in Mental Health
NBA Hall of Famer Gary Payton has emphasized the mental health benefits of cannabis, sharing that it significantly improved his mother’s well-being during her final days battling cancer. Payton’s advocacy aims to reshape perceptions of cannabis, highlighting its potential therapeutic roles beyond recreational use.
‘Schedule I’ Video Game is a Top Seller on Steam
The video game “Schedule I,” a satirical take on America’s war on drugs, has picked up massive amounts of popularity on Steam. Priced at just $19.99, the game lets players build a drug empire while satirizing and exploring the complexities of U.S. drug policy through interactive gameplay.
Marijuana Stock Movements
Notable movements in marijuana stocks included:
- Blueberries Medical Corp (BBRRF): Experienced a 25.4% increase, closing at $0.0106.
- Cara Therapeutics Inc (CARA): Saw a 10.7% rise, ending at $5.48.
- Target Group Inc (CBDY): Faced an 8.63% decline, closing at $0.00174.
- CLS Holdings USA Inc (CLSH): Dropped by 22.6%, finishing at $0.0211.
The post Last Week in Weed: March 31- April 7, 2025 appeared first on Cannabis & Tech Today.
