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Is cannabis legal for business purposes in Australia? Cannabis businesses must comply with several laws, including: Narcotic Drugs Act 1967 regulates cannabis cultivation and manufacture for medicinal or scientific purposes. Laws apply to business activities of all kinds at the local government level. The specific license type.
This Act amends the Controlled Substances Act to reduce the number of instances in which federal law enforcement agencies could carry out legal actions against state-licensed cannabis businesses or other related enterprises. “The majority of states now regulate either the medical use or the adult use of marijuana.
(CSE: MXT) (OTCQB: MXTTF) aims to address these problems by pairing biometric interviews with brainwave data to create a proprietary mental health reference database. Using machine learning algorithms and qualified practitioner input, the company is leveraging that data to build tools that deliver digital diagnostic opinions.
New data shows MYMD-1 has key differentiators and capabilities compared to existing TNF inhibitor drugs. BALTIMORE–(BUSINESS WIRE)– MyMD Pharmaceuticals, Inc. Data also demonstrated that none of the biological drugs selected for the comparison study proved to be anti-proliferative to any of the primary cell types assessed.
Whole Genome Data. When it comes to sequencing your cultivar’s genetics for IP purposes, the more data the better. With more data, you can better describe your cultivar and make it harder for anyone else to claim novelty. Comprehensive Reference Genome. Those pieces are then assembled in order, using a reference genome.
The Food and Drug Administration (“FDA”) had a busy Monday this week. On November 25, the agency issued warning letters to 15 businesses selling hemp-derived CBD (“Hemp-CBD”) products as unapproved drugs. The fact is that the interest in CBD has eclipsed the scientific data we have available. Warning Letters. Consumer Update.
All currency references used in this press release are in U.S. Based on government agency data, when viewed collectively, Ionic Brands manufacturing partners’ amount to the fifth-largest wholesale operator in Washington by revenue for the period of 2020. dollars unless otherwise noted. federal money laundering legislation.
This is principally done by requesting information and documents, which may be housed in a data room or exchanged in some other way. For this post, I’m looking at diligence in the context of a business purchase, for ease of reference.) In-person visits and inspections are also typical. Sellers rushing closing.
Supreme Court has decided not to help resolve an ongoing legal battle between the Internal Revenue Service (IRS) and various cannabis businesses in Colorado. Understanding the Impact of Section 280E on Cannabis Businesses. Many business owners even choose to operate illegally as a way of saving money. cannabis sector.
According to Harvard Business School , the triple bottom line refers to “a business concept that posits firms should commit to measuring their social and environmental impact—in addition to their financial performance—rather than solely focusing on generating profit, or the standard “bottom line.”
RYAH is pleased to contribute RYAH’s IoT devices and data platform and work with Medicann toward perfecting prescribing practices and dosing regimens,” said Gregory Wagner , CEO of RYAH Group, Inc. With a strong IP portfolio, RYAH gathers deep and insightful data on the complete patient session and formulation life cycle.
Based on her data, Dr. Snyder finds that requiring “Total THC” concentrations not to exceed 0.3%, rather than just limiting ?9-THC, 9-THC is commonly referred to simply as THC and is the cannabinoid known for its psychoactive effects. This data shows that 97.4% (370 out of 380) samples fell at or below the 0.3% In short, the 0.3%
Given the size and scale of the study, RYAH has developed a custom software solution, using OAuth API-integration to protect the privacy of the participants in the study, with the goal of enabling a fully integrated, patient feedback and data collection capability. About RYAH Group, Inc. RYAH Group, Inc.
There are five important “categories,” that require company leaders’ utmost focus and attention as they launch a compliant cannabis business in a newly legal state. Non-compliant businesses face the risk of being shut down and attract negative attention to the cannabis industry. Cutting across these categories is the team. Real Estate.
DUBLIN–(BUSINESS WIRE)–The “CBD Regulatory Report: Denmark” report has been added to ResearchAndMarkets.com’s offering. ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. Additionally, hemp seeds and preparations of less than 0.2%
Companies today need a more viable business model , one that transcends geography, mobility challenges faced by certain demographics including seniors, improves patient engagement and creates real time data scalability. However, the simplicity and efficiency of Broccoli lies in how fast the data can be returned.
Arizona marijuana dispensaries reported selling nearly $120 million worth of products in March, though officials at the Arizona Department of Revenue say the initial tax data are not yet reliable. AZ Central reports. … Why numbers likely are off the mark. ” Read more at.
For years, research has proven that content published by businesses on Instagram can directly lead to increased brand awareness, word-of-mouth marketing, and sales. According to Instagram’s own data, 90% of users follow a business on the platform. Despite that history, some cannabis businesses have found success on the platform.
Charlotte’s Web took the unusual step of issuing a public response to the refusals, available here , with a link to the company’s also public letter to the FDA here , which responds directly to the agency’s criticisms of the data provided and alleging factual inaccuracies in its response. Still About Safety. A Legislative Fix? .
As of start of business Wednesday, September 1, the Commission reported licensees have generated $844 million since January 1, already making 2021 a record sales year thus far. And despite being closed for two months in 2020 due to the COVID-19 public health emergency in Massachusetts, 89 Marijuana Retailers generated $714.1
Mark Twain is said to have offered this apt advice: “When everyone is looking for gold, it’s a good time to be in the pick and shovel business.”. The real cash crop here isn’t weed, in other words; it’s data and intellectual property—the tech foundation of the future global cannabis industry. Read the full article at [link].
There are currently five “pharmaceutical processor” permit holders in Virginia, and they’re about to open for business. ” and “We only want to see data from an American source.” You’ll see “5 percent” mentioned in reference to our program.
Simplifya Offers a Suite of Comprehensive Compliance Solutions for Cannabis Businesses in New Mexico Ahead of Adult-Use Sales Launch. The compliance solution suite available to cannabis businesses in New Mexico includes: Simplifya Standard Operating Procedures (SOPs). Here’s their press release on their NM launch.
A headline in a recent column on the issue by Rachel Premack with Business Insider said the situation is “getting a little ridiculous.” The “clearinghouse” referred to by Business Insider is the Drug & Alcohol Clearinghouse set up by the Federal Motor Carrier Safety Administration (FMCSA).
The data from the study is expected to be embedded into the RYAH MD platform, with the goal of enabling healthcare professionals to administer THC, CBD and terpenes in milliliters, which are then expected to automatically be converted into milligrams to allow for a customized, targeted patient inhalation session. “Our billion by 2027.
Both email marketing and CRM are essential to the success of cannabis and cannabis-related businesses today because they work together to help sales and marketing professionals do four critical things: Get new customer leads. The data from numerous research studies speaks for itself: Sales increase by 29% for businesses that use CRM.
–(BUSINESS WIRE)– #AD –India Globalization Capital, Inc. (“IGC”) The Data and Safety Monitoring Committee (“DSMC”) for IGC’s clinical trial, having reviewed the data obtained through Cohort 1 and Cohort 2, recommended progressing to Cohort 3, which consists of administering three doses per day. (IGC)
–(BUSINESS WIRE)– #Alzheimers –(NYSE American: IGC), India Globalization Capital, Inc. The results of the clinical trial have been submitted in the Clinical/Statistical Report (“CSR”) filed with the FDA, and relevant data is also available on Form 8-K filed with the SEC on December 2, 2021. POTOMAC, Md.–(BUSINESS
Halo continues to expand its business and scale efficiently, partnering with trustworthy leaders in the industry, who value Halo’s operational expertise in bringing top-tier products to market. 1 All sales figured sourced from BDSA Sales Data and the Company’s internal calculations. SOURCE Halo Collective Inc.
BRAMPTON, Ontario–(BUSINESS WIRE)–DATA Communications Management Corp. TSX: DCM) (“DCM” or the “Company”), a leading provider of marketing and business communication solutions to companies across North America, announces its consolidated financial results for the three and nine months ended September 30, 2021.
TORONTO–(BUSINESS WIRE)–SOL Global Investments Corp. (“ SOL Global ” or the “ Company “) (CSE: SOL) (OTCPK: SOLCF) (Frankfurt: 9SB) is pleased to provide its investors with unaudited financials for the second quarter ended May 31, 2021, and other highlights for the interim period.
1 As of June 21st, 2021, based on analytics data provided by Alexa Internet, Inc. Traffic data provided by Google Analytics. Furthermore, High Tide granted 13,333 stock options (the “ Options “) to Harrison Baum , exercisable at CAD$9.39 per High Tide Share for a period of three years. _ ABOUT DHC SUPPLY LLC.
The successes of cannabis businesses are now a part of the mainstream conversation and considered big business, while the rights and protections for medical cannabis patients have been sidelined. So while a cannabis business can join their local chamber of commerce, a patient in hospice can be denied access to medical cannabis.
The individual in this position supports global regulatory programs, projects, and compliance initiatives across regions and business units. We are a West Coast-based company and applicants must be available during normal business hours (9:00 AM – 6:00 PM Pacific Time, Monday through Friday). west coast).
–(BUSINESS WIRE)–The Alkaline Water Company Inc. NASDAQ and CSE: WTER) (the “Company”), the country’s largest independent alkaline company and The Clean Beverage Company™, today shared highlights from the most recent Nielsen data for the 52-week and 4-week periods ending September 11, 2021. SCOTTSDALE, Ariz.–(BUSINESS
This was not easy for me, as an attorney trained in scouring insurance policies and then litigating them for over a decade, so I cannot imagine how daunting this process is for a small business owner. . When an insured sues an insurer for refusing to pay a claim, it is referred to as a “first party” or in some states, a “bad faith” lawsuit.
Highlights: Phase IIb COMP360 psilocybin therapy trial for treatment-resistant depression (TRD) close to completion; on track to report data by end of 2021. Business highlights. On track to report top-line data by end of 2021. Net loss for the six months ended 30 June 2021 was $30.2 million, or $0.79 million) compared with $24.8
The collection of data for the final study was through focused interviews with a snowball sample of eight participants who have experienced trying to enter the cannabis industry in Western City, California. Data were analyzed based on the central question, and three themes emerged. References. Refer Madness [Motion Picture].
Any product that has THC, the adult consumer should protect youth and children from that,” she said, referring to the psychoactive element in marijuana. “If But passing the rule would limit exposure to the drug in the home, Rushford said. It becomes that full spectrum, of how do we take all the steps we can?”.
Ethnobotany refers to a multidisciplinary, integrative approach to investigating the traditional relationship between regional or cultural populations and indigenous plants. Eybna utilizes ethnobotany as an observational and analytical approach to medical cannabis usage data. What is ethnobotany? What are some of these partnerships?
Despite the tremendous promise of psychedelics, there are no large-scale standardized clinical trials or data sources that clinicians can use to guide their patient decisions. Building the Data Backend. The company hopes to reach its Phase 3 target of 800 reference records by the end of August and launch the platform in December.
Flora will now have the ability to quickly and efficiently reference and manage information at its cultivation and extraction facility, collect and analyze data, derive insights to find cost efficiencies, and ensure accuracy. MIAMI & TORONTO–(BUSINESS WIRE)–Flora Growth Corp. Visit adnas.com for more information.
Understanding these trends is vital for businesses to effectively meet consumer needs and stay competitive in the market. Regulatory Framework and Policy Implications The regulatory framework governing the medical marijuana industry has profound implications for businesses, consumers, and society as a whole.
Nicknamed “K,” “special K,” “cat valium,” and “vitamin K,” ketamine is also commonly referred to as “horse tranquilizer.” Based on preclinical data results and five case studies in PD patients, University of Arizona associate professors Scott Sherman, MD, Ph.D.,
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