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One Marijuana Arrest Occurs Every 58 Seconds

CannaMD

You might think that cannabis legalization would lead to a significant decrease in marijuana-related arrests, but that hasn’t been the case. In 2019, that trend finally appeared to shift as the FBI’s Uniform Crime Report tallied 545,601 marijuana arrests compared to 663,367 in 2018 and 659,700 in 2017. Sentencing Commission.

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Aurora Cannabis Announces Financial Results for the Fourth Quarter and 2019 Fiscal Year

Cannabis Law Report

11, 2019 /PRNewswire/ – Aurora Cannabis Inc. the “ Company ” or “ Aurora “) (NYSE | TSX: ACB), the Canadian company defining the future of cannabis worldwide, announced today its financial and operational results for the fourth quarter and fiscal year ended June 30, 2019.

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Harborside Inc. Announces Second Quarter and First Half 2019 Results

Cannabis Law Report

— Second quarter 2019 revenue of $12.7 Adjusted EBITDA for the second quarter 2019 totaled $2.5 Company issues 2019 guidance of $55 -57 million of revenue and positive Adjusted EBITDA. 30, 2019 /PRNewswire/ – Harborside Inc. 30, 2019 /PRNewswire/ – Harborside Inc. 2019 Guidance. Financial Highlights.

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Federal Judge Denies Man’s Request To Use Medical Cannabis Due To Fact He Is On Bail For Alleged “illicit cannabis growing operation and money laundering scheme”

Cannabis Law Report

Sirois structured his operations to appear as though they complied with Maine’s medical marijuana laws while he regularly sold bulk marijuana on the illicit market, including more than $1 million worth of marijuana for out-of-state distribution between 2018 and 2019, according federal prosecutors. Download 21mj271complaint.pdf.

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Eswatini (aka Swaziland) Will Soon Introduce First Draft Of Cannabis Legislation Into Parliament

Cannabis Law Report

Cannabis Law Report has learnt that the following drafts for cannabis regulation and licensing expect to go to the Eswatini parliament chambers at the end of August or early September this year. Earlier in the year the following license application was blocked by the Eswatini cannabis association. Source: [link].

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$ 1.20 bn growth in Cannabis Testing Market in Life Sciences Tools & Services | Technavio Partnering with over 100 Fortune 500 Companies

Cannabis Law Report

The cannabis testing market in the Life Sciences Tools & Services industry is poised to grow by $ 1.20 Technavio’s latest market research report estimates that the cannabis testing market will be progressing at a CAGR of about 13%. The increasing use of cannabis for medical purposes will offer immense growth opportunities.

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12% CAGR Growth in Hemp-based Foods Market due to the Growing Vegan Population and Cases Of Celiac Disease | Technavio

Cannabis Law Report

Though the growing vegan population and cases of celiac disease will offer immense growth opportunities, the impact of natural disasters and adverse weather conditions, threat of substitutes, and product recalls and cross-contamination will challenge the growth of the market participants. Aurora Cannabis Inc., Hemp Seed-based Foods.

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