Technical420 Site Search

The cannabis industry continues to be one of the greatest beneficiaries of the upcoming election as several states are set to vote on legal cannabis initiatives.The cannabis industry is currently experiencing unprecedented growth and the industry is barely in the first inning of what we expect to be a multi-decade…

Insys Therapeutics, Inc. (INSY) is up more than 3% in pre-market trading after the Nasdaq-trade cannabis company reported its financial results for the second quarter, which ended on June 30th.This report comes less than a month after Insys announced that the FDA approved Syndros, an orally administered liquid formulation of…

The U.S. Attorney's Office for the Southern District of New York announced that Jonathan Roper, a former District Manager at Insys Therapeutics (INSY), and Fernando Serrano, a former sales representative at Insys, were charged with violating the Anti-Kickback Statute.The charges were in connection with their participation in a “scheme to…

In a letter to senators, the Drug Enforcement Administration said that they plan to decide whether marijuana should be reclassified under federal law in the first half of 2016.The letter was sent in response to a letter from Democratic Senator Elizabeth Warren (Massachusetts) and sever other Democratic Senators in 2015.…

GW Pharmaceuticals plc (GWPH) is a pharmaceutical company focused on discovering, developing and commercializing novel therapeutics from its proprietary cannabinoid product platform. GWPH commercialized the world's first plant-derived cannabinoid prescription drug, Sativex, which is approved for the treatment of spasticity due to multiple sclerosis in 27 countries outside the United…

The National Cancer Institute (NCI) updated its website to include various studies revealing how cannabis may inhibit tumor growth by killing cells, blocking cell growth, and blocking the development of blood vessels that tumors need to grow. The institute released the following statement after updating its website:“A laboratory study of…

Democratic Senators Jeff Merkley and Ron Wyden and Representative Earl Blumenauer are urging Congress to pass legislation that would give legal marijuana businesses access to banking services. The lawmakers made their announcement at the Rivermark Community Credit Union in Portland.Many cannabis companies are having a tough time opening a bank…

The American Psychological Association recently released the results of a study which should alleviate some fears expressed by anti-marijuana groups and doctors. The purpose of the study was to determine if teens who use marijuana suffer from long-term health consequences.Researchers from the University of Pittsburgh Medical Center and Rutgers University…

There have been a number of questions raised about Zynerba Pharmaceuticals’ upcoming inital public offering (IPO) to which I would like to address. Tomorrow, ZYNE will commence trading on the NASDAQ exchange and they will issue 3,000,000 shares which will be priced tonight.Zynerba is looking to raise $36.3 million at a…

The New York State Department of Health announced the five organizations who won licenses to sell the medical marijuana. The organizations are allowed to open up to four dispensaries and they are required to be open for business within six months.The winners are… Bloomfield Industries: Bloomfield plans to cultivate marijuana…