This Week in Weed: The FDA and the Big3 Say "Yes" to Cannabis.
At Green Entrepreneur, we're dedicated to giving you the news you need to make smart business decisions. "This Week in Weed" is a video series hosted by Conrad Martin that weeds through the top stories in the industry.
Here's what happened this week.:
FDA Greenlights Green Drug
On Monday, the Food and Drug Administration approved the first marijuana based drug. New medicine Epidiolex is an orally administered CBD treatment intended to prevent seizures.
Oklahoma Ok's Medical Marijuana
Tuesday was a historic day in Oklahoma, as voters approved the legalization of medical marijuana. According to Marijuana Business Daily, the industry could generate $100-$150 million in annual sales.
Related: Oklahoma Legalizes Medical Marijuana
Big3 Are Big on Pot for Pain
Retired NBA players' knees rejoice as rapper, Ice Cube's Big3 basketball league has become only the second US professional sports league to allow CBD use for pain management and recovery.
Related: Ice Cube's Big3 Allows CBD Use
Thanks for tuning in. This Week in Weed will appear every Friday on the site that puts the can-do in the cannabusiness @greenentrepreneur.com