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On September 24, 2020, the Bureau of Cannabis Control (“BCC”) issued a press release announcing its filing of a complaint seeking civil penalties from Vertical Bliss, Inc., also known as Kushy Punch (“Vertical Bliss”), as well as other related individuals for unlicensed commercial cannabis activity. For a bit of background, in November of last year, […] The post California Bureau of Cannabis Control Seeks Civil Penalties for Unlicensed Commercial Cannabis Activity appeared first on Harris Bricken. [...]
On August 21, the Drug Enforcement Agency (the “DEA”) released an Interim Final Rule (the “Rule”), which, in part, suggests that in-process hemp extract shall be treated as a schedule I controlled substance during any point at which its THC concentration exceeds 0.3 percent on a dry weight basis. “Any point” includes even fleetingly during […] The post The Hemp Industry Responds to the DEA Rule With a Lawsuit appeared first on Harris Bricken. [...]
We’ve been monitoring and reporting on the growing trend of investment and securities fraud litigation in the cannabis industry, and this week brings yet another case. In Murray v. Camp, et al., Murray is suing three Washington entities and their principals for breach of contract, unjust enrichment, fraud, and violation of the Securities Act of […] The post Investment and Securities Litigation – Handshake Deals Are Not. Your. Friend. appeared first on Harris Bricken. [...]
Job detailsSalary From $85,000 a yearJob Type Full-timeBenefits Pulled from the full job descriptionDrummond Woodsum offers a generous benefits package including… Read More... The post Attorney - Regulated Substances- Drummond Woodsum Portland, ME 04101 first appeared on Cannabis Law Report. [...]
Join the movement!One of the country’s largest vertically integrated cannabis companies, providing safe, reliable, top-quality cannabis products to improve people’s lives. By investing in … Read More... The post IL - Legal Associate - Real Estate- PharmaCannis first appeared on Cannabis Law Report. [...]
Job detailsSalary $71,000 – $107,000 a yearBenefits Pulled from the full job descriptionCompany paid Medical, Dental, Vision, Life and AD&D coverages.We… Read More... The post Account Manager – Cannabis Data and Insights- BDS Analytics - Colorado first appeared on Cannabis Law Report. [...]
Regulator agrees to float of UK firms but recreational suppliers still bannedMedicinal cannabis companies have been cleared by the UK’s financial regulator to float on the London Stock Exchange but firms that sell marijuana to recreational users will still be banned.The Financial Conduct Authority said businesses that grow and sell recreational cannabis, even in countries such as Canada where it is legal, cannot list in London because of the Proceeds of Crime Act. Income from the sale of cannabis and cannabis oil outside the UK could constitute “criminal property” under the act, because it covers conduct abroad that would constitute a crime if it happened in the UK. Related: Cannabis capitalism: who is making money in the marijuana industry? Continue… [...]
Loneliness, depression and anxiety behind rise, with 44% of cannabis users also smoking moreBritons have drunk more alcohol and smoked more cannabis due to loneliness, depression and anxiety during the pandemic, according to a leading study of drug-using behaviour.Almost half (48%) of British respondents to the Global Drug Survey (GDS) disclosed they were drinking more alcohol than before the coronavirus outbreak, while 44% of cannabis users reported increased use of the drug. Continue reading... [...]
Latest poll shows the No campaign ahead slightly among registered votersSupport for the Yes and No campaigns in New Zealand’s referendum on legalising and taxing cannabis is split at 49.5% each, six weeks out from voting day.The No campaign, which aims to keep the status quo, has a slight edge in the poll by news outlet Stuff when only registered voters are counted, leading 50.8% to 48.4%. Voting and being on the electoral roll is optional in New Zealand. Related: Legalising cannabis: what will New Zealanders be asked to vote on in September? Continue reading... [...]
Cannabidiols (CBDs), the non-psychoactive element of cannabis, are legal and widely sold in drinks. Do they work, could they replace alcohol – and are they even drinkable? We test five candidates ...Walk past almost any chemist these days, and you’ll see a windowful of CBD-based products, and demand for the stuff is now so great – particularly over the last stressful few months – that it has migrated into drinks as disparate as as soft drinks, tea and gin. And it’s legal.CBD (short for cannabidiol) is the non-psychoactive component of cannabis, and is claimed to have significant health benefits, including pain relief and the reduction of stress and anxiety. The labelling often features words such as “calm”, “harmony” and “balance”,… [...]
A lobbyist allegedly working with city officials in the Los Angeles suburb of Commerce has been soliciting kickbacks in exchange for help with obtaining marijuana business licenses, according to a new lawsuit filed by a cannabis company. Law360.com reported that From The Earth applied to Commerce for several cannabis business licenses but said its bid […] L.A. suburb engaging in kickback scheme for cannabis permits, suit says is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs [...]
A Maryland medical marijuana operator has been charged with violating federal law by subjecting several dispensary employees to sexual harassment, a potentially costly problem for mainstream businesses that could impact the cannabis workplace. The U.S. Equal Employment Opportunity Commission filed the lawsuit last week in U.S. District Court against Maryland Health Management, doing business as […] Federal agency sues Maryland medical marijuana firm over sexual harassment is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs [...]
A new medical cannabis product is available in Peru, another sign the market is moving in the right direction. Toronto-headquartered Khiron Life Sciences, a company with its main operations in Colombia, said it became the “first company to sell and fill medical cannabis prescriptions through private pharmacies in Peru.” Khiron’s CBD is sold as a […] New CBD product available under prescription in Peru is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs [...]
Buried deep in the U.S. House Democrats’ latest $2.2 trillion coronavirus relief package, announced Monday, is a key provision that will delight cannabis businesses: the Secure and Fair Enforcement Banking (SAFE) Act. According to NORML, the main provisions of the proposed law – which would help marijuana businesses gain access to banking services – were […] Democrats’ COVID-19 relief bill contains cannabis banking is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs [...]
DENVER, Sept. 29, 2020 — According to Business intelligence from Akerna (Nasdaq: KERN), an enterprise software, leading compliance technology provider, and developer of the cannabis industry’s first seed-to-sale enterprise resource planning (ERP) software technology (MJ Platform®), suggests that Nevada cannabis sales are finally on the path to recovery. For retailers in the state using the MJ […] [...]
TORONTO, Sept. 29, 2020 — Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF) (“Golden Leaf” or the “Company”), a premier, consumer-driven cannabis company specializing in retail, production, processing, wholesale, and distribution, today announces expected unaudited results for the three months ended September 30, 2020. The Company anticipates final unaudited revenues for the three months ended […] [...]
NEW YORK, Sept. 29, 2020 — Acreage Holdings, Inc. (“Acreage”) (CSE:ACRG.A.U, ACRG.B.U), (OTC: ACRHF, ACRDF) today announced it has closed a financing transaction with an institutional lender for $33 million and used a portion of the proceeds to retire its short-term $11 million secured convertible note. The loan is unsecured, matures in three years, and bears […] [...]
MAMARONECK, N.Y., Sept. 29, 2020 — Zachert Private Equity GmbH , the Brandenburg Germany based private equity company, has acquired Brands Within Reach (BWR) including its owned retail brands and various licensing and distribution rights from NewAge, Inc. (NASDAQ: NBEV), the Denver Colorado based omni-channel sales and distribution company, in a deal valued at US15 […] [...]
Cannabis sales keep creeping higher and higher, setting 2020 up to be the industry's most lucrative year on record. [...]
In an era when consumers can buy groceries, pet supplies and even a life-size cardboard cutout of Lizzo without directly seeing a human, one company is ensuring Coloradans can also purchase their cannabis contactless. [...]
June marks the first month in Colorado history that recreational marijuana shops sold more than $150 million in worth of products as cannabis consumption during the COVID-19 pandemic continues to set industry records. [...]
A Commerce City man has been sentenced to 14 months in federal prison for illegal cultivation of marijuana in a residence. [...]
The royal couple’s 5½-acre Santa Barbara estate sits on land perfectly suited for cannabis growing, says the entrepreneur. He describes his offer as “a golden opportunity” that could net the Duke and Duchess of Sussex nearly £3million per year. Santa Barbara’s soil and climate has transformed it into one of the world’s pot-growing hotspots. Local […] [...]
Memorial plaque proposed for fallen Big Foot High School graduate | Local News | lakegenevanews.net We recognize you are attempting to access this website from a country belonging to the European Economic Area (EEA) including the EU which enforces the General Data Protection Regulation (GDPR) and therefore access cannot be granted at this time. For […] [...]
Kratom is a type of herb that is achieving popularity all over the World. Kratom is commonly identified as Mitragyna Speciosa and found in Asia (Malaysia, Thailand, Indonesia, and Papua New Guinea). That’s why many people wish to use Kratom and search for a secure method to get it from the stores. Kratom for sale […] [...]
© Shutterstock The issue was first discussed in February. PLEASANTON, CA — The Pleasanton City Council will consider next week adopting a ban on the retail sale of vapes and flavored tobacco products. The ordinance seeks to deter youth vaping by banning new tobacco retailers from opening within 1,000 feet of a school, park or […] [...]
Backers of medical marijuana took the first step toward a 2022 petition drive by filing new language with the Secretary of State’s Office on Monday. This time Nebraskans for Medical Marijuana is opting for a simple, direct approach with a proposed constitutional amendment saying: “Persons in the State of Nebraska shall have the right to cannabis […] The post Nebraska medical marijuana supporters take first step in 2022 petition drive appeared first on Cannabis Business Executive - Cannabis and Marijuana industry news. [...]
Compared to non-users, data showed no differences in memory, new learning, and reaction time for medical marijuana patients. Older adults have begun consuming cannabis more than ever, often using the plant to deal with chronic pain. Marijuana use almost doubled among adults ages 65 and older, a study published earlier this year found. In the United States, […] The post Study Shows No Long-Term Negative Brain Effects For Older Marijuana Patients appeared first on Cannabis Business Executive - Cannabis and Marijuana industry news. [...]
New research indicates that marijuana could alleviate some of the worst effects experienced by cancer patients undergoing chemotherapy. Tilray (NASDAQ:TLRY) announced Monday that a clinical trial in Australia has demonstrated positive results in reducing the nausea and vomiting common to people enduring such treatments for their illness. The phase 2 study comprised 81 patients, who were dosed three […] The post Tilray Reports Positive Results For Medical Marijuana In Chemotherapy Patients appeared first on Cannabis Business Executive - Cannabis and Marijuana industry news. [...]
Florida is seeing a surge in sales of medical marijuana and CBD hemp products as more people turn to them to treat their anxiety, insomnia and pain during the COVID-19 pandemic. Voters in 2016 approved the state’s new medical marijuana industry, and sales have been rising ever since. With patients limiting their trips out of […] The post Medical marijuana and CBD sales rise sharply during COVID-19 pandemic appeared first on Cannabis Business Executive - Cannabis and Marijuana industry news. [...]
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