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Lucid Green raises $10 million to bring smart UPC codes to cannabis

Cannabis Law Report

Yet these companies are building businesses in a tough market plagued by myriad challenges, from banking prohibitions to ever-changing regulations. Cultivators and brands can use this barcode to upload and access test results and compliance certifications. Cannabis companies face unprecedented headwinds.

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Flora Growth Signs Agreement To Acquire Industry-Leading Vessel Brand, Entering Luxury Cannabis Consumer Technology Segment

Cannabis Law Report

Proposed acquisition to enhance consumer packaged goods presence and infrastructure in the US; Vessel has widespread distribution throughout America and worldwide via its e-commerce platform. in Accountancy from San Diego State University, and began his professional career in investment banking and private equity. Garrett earned a B.S.

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Weekly Legislative Roundup 3/22

NORML

House Financial Services Committee has scheduled to convene a markup on The Safe Banking Act, HR 1595 on Tuesday, March 26th. The measure permits a parent or guardian to administer medical cannabis to their child patient on school grounds in a non-smoking and non-vaping form. CA resident? CO resident? Connecticut. IL resident?

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“Cannabis 2.0” Launches in Canada on Thursday, Industry Struggles With Limited Outlets

The Joint Blog

” launches Thursday, legalizing marijuana derivatives including edibles, beverages, extracts, and vape pens, the market may still be in for a “bumpy ride”, reports Reuters. Investment bank and advisory firm Seaport Global figures Canada needs about 1,055 stores to realize the cannabis market’s true potential.

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Canada: Medical Cannabis & Cannabinoid Regulation 2021

Cannabis Law Report

Tobaccos and Vaping Products Control and Regulation Act. By way of current example, many Canadian banks will decline to accept cannabis businesses as clients for fear of running foul of federal American law, where the banks also have operations and where cannabis is still illegal at the federal level. Regulatory Authorities.

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The Woman Behind the Scenes at Cannabis’ Biggest Private Equity Fund

Cannabis Law Report

For example, there are many banks that won’t open accounts and most brokerage firms won’t trade cannabis stocks. For example, one of our portfolio companies, Ionization Labs , is allowing the consumer to measure what’s inherent in each vape inhalation to find the right CBD/THC ratios and balance.

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2020 California Cannabis Bill Round-Up

Canna Law Blog

This Assembly Bill addresses cannabis banking on the state level. California state law doesn’t change or eliminate the Bank Secrecy Act or federal anti-money laundering laws and it definitely doesn’t change the Controlled Substances Act (“CSA”) (which renders cannabis illegal).

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