Remove 2019 Remove Banking Remove Extraction Remove Seed-To-Sale
article thumbnail

Weekly Legislative Roundup 2/22

NORML

New Jersey lawmakers have come to an agreement with Governor Murphy regarding retail marijuana tax rates, settling on charging sales tax by weight as opposed to a specific percentage. Welcome to the latest edition of NORML’s Weekly Legislative Roundup! Your Highness, Carly. Actions to Take.

article thumbnail

Cannabis Group Weekly Alert – November 2019 #2

Cannabis Law Report

Senate Banking Committee Chairman Mike Crapo (R-ID) said that an impeachment trial could delay consideration of cannabis financial services legislation, but no moreso than anything else that requires floor time. In this week’s edition: Federal e-cigarette ban on flavored products may be in the offing.

Vaping 45
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

CO Hemp Clone Farm, “National Hemp Farm”, Used Client’s Money For Own Investment Purposes Inc Real Estate & Capital Equipment Purchases Without Ever Intending To Supply Order Worth $US590K, Lawsuit Alleges.

Cannabis Law Report

Mertz , is being accused of civil theft and conspiracy for keeping hundreds of thousands of dollars from the sale of unhealthy hemp clones to a Colorado farm and then using that money to improve his hemp farm infrastructure so the two year old farm could be flipped and sold. Jun 21, 2019. 19 November 2019. million of revenue.

Hemp 98
article thumbnail

SEC Inquiry starts at CBD company Folium Biosciences Post Failed Australis Merger

Cannabis Law Report

Additionally, Cannabis Law Report obtained copies of Folium’s 2019 accounting which showed payments were made to Australis’ CEO Scott Dowty’s family and friends starting in May 2019. Since Folium is not a public company securities rules will not require the company to announce a government investigation.

CBD 131
article thumbnail

“Bury My Heart At Wounded Folium” – The Chief Hopes To Ride Into The Sunset With Australis Merger

Cannabis Law Report

The CEO of Folium Biosciences, Kashif Shan, is accused of violating a cease and desist order issued by the Colorado Spring fire department who had attempted to shut down the company’s CBD extraction plant because a host of regulations and safety codes were being ignored by the company and its senior management team. Full Spectrum CBD.

Hemp 94
article thumbnail

Redfund Capital Corp budding into a top-tier cannabis financier, incubator and accelerator

Cannabis Law Report

The cannabis-focused merchant bank has a blueprint to build a portfolio of 20 companies with $75 million that it has injected via loans. The merchant bank is also working to help Seattle-based Winterlife Inc go public in 2019. Quick facts: Redfund Capital Corp. Price: 0.085 CAD. Market: CSE. Market Cap: $4.27

Banking 45
article thumbnail

Hemp, Inc. Announces Microcap Daily Article Names Company Among ‘Most Active’ in Small Caps

Cannabis Law Report

26 with approximately 10,000 hemp seeds planted in a single day. The Company has executed a sales agreement to sell $1 million worth of DrillWall over the course of one year. (Read the full press release here.) . CEO Bruce Perlowin’s role as the subject of the No. 1 most watched CNBC documentary of all time “Marijuana Inc.”. “In

Hemp 59