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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. [...]
For anyone who was not able to join our Q&A webinar last week on Hemp CBD, we’ve got you covered! Below, please find the full webinar for your viewing pleasure. The post Hemp CBD Q&A: The Webinar Video Replay appeared first on Harris Bricken. [...]
In a word, yes. A lawsuit recently filed in Jackson County, Oregon by a tenant alleges that his landlord has wrongfully evicted him from a warehouse containing 36,000 pounds of hemp, which the plaintiff alleges will be worth $1.5 million when processed, and 500 pounds of trimmed flower with a market value of $175,000. (Marks […] The post Oregon Hemp Litigation: Does Oregon’s Eviction Moratorium Apply to Cannabis Businesses? appeared first on Harris Bricken. [...]
As Radio NZ reports they seem to have forgotten about import laws !A Thailand cannabis company believed its low-priced imports may eventually undercut New … Read More... The post Thai Cannabis Company Marketing Bod Says They Can Undercut NZ Prices Once Country Legalizes first appeared on Cannabis Law Report. [...]
VANCOUVER, BC, Sept. 28, 2020 /PRNewswire/ – THC BioMed Intl Ltd. (“THC BioMed” or the “Company“) is pleased to announce that … Read More... The post Canada's First Filtered Joint Ships to Recreational Cannabis Market first appeared on Cannabis Law Report. [...]
The Sonoma Index Tribune reports…Sonoma voters on Nov. 3 will consider Measure X, which calls for a business tax for all cannabis and hemp … Read More... The post Measure X would tax cannabis businesses for general fund first appeared on Cannabis Law Report. [...]
Vaping is not just a trend anymore, perhaps, it is the foundation of a new lifestyle. While its popularity is increasing every day, a constant … Read More... The post Dry Herb Vaping vs E-Liquids: The Most Heated Discussion 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”,… [...]
FOR IMMEDIATE RELEASE GLOUCESTER, Mass., September 22, 2020 — Happy Valley, a company committed to excellence in product and delivering a preeminent customer experience in Massachusetts announced today that Cullen Vujosevic of New Mexico was chosen as the winner of the $2,500 Happy Valley Scholarship award. College students were asked to submit an essay that […] Happy Valley awards $2,500 college scholarship, first scholarship award for the cannabis industry is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs [...]
One of hundreds of cannabinoids, cannabichromenic acid (CBCA) may hold an important key to combatting methicillin-resistant Staphylococcus aureus (MRSA), the superbug that kills at least 9,000 people in the US each year and has left healthcare providers scrambling for solutions. It is believed half of all hospital-acquired infections are due to MRSA, a problem that […] Cannabinoid shows promise as antibiotic for MRSA is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs [...]
Two West Coast companies – Pascal Biosciences and SoRSE Technology – are collaborating to move the cannabinoid PAS-393 into clinical trials to test the drug’s effectiveness on a common immune-evading strategy that many metastatic cancers employ. Pascal, which is headquartered in Vancouver, has discovered that its PAS-393 has the potential to make tumor cells susceptible […] Clinical trials will test cannabis-based cancer therapy is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs [...]
An Ohio medical marijuana grower filed a lawsuit against state regulators alleging that government overseers have been hamstringing the MMJ program’s growth, despite clear demand for more business services. According to Law360com, Fire Rock sued the state Department of Commerce over its failure to either grant or deny an application filed in February for the […] Ohio lawsuit: Regulators ‘punting’ on medical marijuana program expansion is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs [...]
WAKEFIELD, Mass., Sept. 28, 2020 — Curaleaf Holdings, Inc. (CSE: CURA /OTCQX: CURLF) (“Curaleaf”), a leading vertically integrated cannabis operator in the United States, today announced management is scheduled to participate in the following upcoming investor conference events: A.G.P.’s Virtual Consumer Cannabis Conference on Tuesday, September 29th at 12:00 p.m. ET A.G.P.’s Virtual Consumer Cannabis Conference […] [...]
TORONTO, Sept. 28, 2020 – Namaste Technologies Inc. (“Namaste”) (TSXV: N) (FRANKFURT: M5BQ) (OTCMKTS: NXTTF), a leading online platform for cannabis products, accessories, and responsible education, is pleased to provide a corporate update with regards to a change in management and the settlement of an outstanding claim to the benefit of Company shareholders. Namaste Technologies […] [...]
Trulieve Cannabis Corp. CEO Kim Rivers will be participating in the Alliance Global Partners Consumer Cannabis Virtual Conference and Canaccord Genuity Virtual US Cannabis Symposium TALLAHASSEE, Fla., Sept. 28, 2020 – Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) (“Trulieve” or “the Company”), a leading and top-performing cannabis company in the United States, today announced that […] [...]
NORWOOD, Mass., Sept. 28, 2020 — MariMed Inc. (MRMD:OTCQX) (the “Company” or “MariMed”), a leading multi-state cannabis and hemp operator focused on health and wellness, today announced that the Company’s CEO, Bob Fireman, and CFO, John Levine, will present at Canaccord Genuity’s US Cannabis Symposium on Wednesday, September 30, 2020 at 10:30 a.m. ET on […] [...]
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 […] [...]
Colorado marijuana regulators are closer to creating new business licenses for eligible entrepreneurs who lack funding, with the micro-license applications expected to become available early next year. Securing a marijuana license has proven to be a costly, lengthy venture for a startup business in Colorado, with most licensing opportunities in Denver and other metro communities drying […] The post Marijuana Licenses for Low-Income Entrepreneurs Closer to Reality appeared first on Cannabis Business Executive - Cannabis and Marijuana industry news. [...]
2020’s record-breaking cannabis sales tell an incredibly optimistic story about the industry’s resilience during an economic downturn. Many cannabis business operators are putting all their faith into that story as they plan their next steps. Here’s why I wouldn’t get too comfortable with that perspective yet. Looking at the Bright Side: Essential Designation Pays Off […] The post Cannabis is Booming, But There’s Reason for Caution appeared first on Cannabis Business Executive - Cannabis and Marijuana industry news. [...]
This summer, the LA Municipal Code was changed decisively (the “Amendment”); shifting power power in a cannabis social equity company to the equity-shareholder (“Equity Individual”). These changes will have a significant impact on LA’s social equity licensing, and they also raise new question. So it’s important applicants and operators understand what has changed, what’s the […] The post Known Unknowns In LA’s Cannabis Social Equity Amendment appeared first on Cannabis Business Executive - Cannabis and Marijuana industry news. [...]
An armed guard and a fence trimmed with barbed wire are the only signs of what lies within the plain metal building behind the police department. Driving around, you’re more likely to notice the quaint town square or the 36-acre community park than this windowless, beige building set within a quiet industrial park. But this […] The post ‘Cannabis capital of Missouri’? This town expects to thrive from medical marijuana appeared first on Cannabis Business Executive - Cannabis and Marijuana industry news. [...]
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