article thumbnail

OCM TO BEGIN ACCEPTING CONDITIONAL ADULT USE PROCESSOR APPLICATIONS

Cannabis Law Report

The Cannabis Control Board (the “Board”) held a public meeting earlier today during which it advanced several key components of the innovative Seeding Opportunity Initiative , which positions individuals with prior cannabis-related criminal offenses to make the first adult-use cannabis sales with products grown by New York farmers.

article thumbnail

UK: Assoc For The Cannabinoid Industry Founder Says UK World’s Biggest Market After The US

Cannabis Law Report

Such products will generate sales of £690 million ($856 million, 811 million euros) in 2021, according to the Association for the Cannabinoid Industry (ACI). Faced with booming sales, professor Sagnik Bhattacharyya, who researches psychotic and substance abuse disorders at King’s College London, says clinical trials are needed.

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

CBD Market Report

Project CBD

HerbalGram, the acclaimed quarterly journal of the American Botanical Council, recently published its 2021 “Herb Market Report,” which included data on sales of CBD as an herbal ingredient in mainstream and natural retail channels in the United States. E-commerce sales of CBD in the U.S. increase in annual sales.

CBD 144
article thumbnail

New York Cannabis Control Board: Seventh Meeting News Highlights

Cannabis Law Report

Conditional Adult-Use Retail Dispensary Regulations. During the meeting, the CCB directed the OCM to post for public comment the proposed regulations for the conditional adult-use retail dispensary licenses to businesses run by owners disproportionately impacted by the criminalization of cannabis.

article thumbnail

CBD Oil vs. Hemp Oil: Understanding the Differences and Navigating the Options

United Patients Group

Cannabidiol (CBD) is a non-intoxicating cannabinoid derived from the cannabis plant known for its numerous therapeutic benefits. It is important to note that CBD does not produce the psychoactive effects commonly associated with THC (tetrahydrocannabinol) , which is the primary psychoactive cannabinoid found in marijuana.

Oil 52
article thumbnail

Heritage Cannabis Enters Exclusive Partnership to Commercialize Avicanna’s Evidence-Based Topical Products through Heritage’s Medical Opticann Brands

Cannabis Law Report

Heritage to lead medical sales and commercialization across non-competing medical channels in Canada under the Opticann brand. The Branded Products include Avicanna’s proprietary cannabinoid topical formulations developed through years of extensive research by Avicanna’s team of scientists. They are a great strategic fit.

Topical 98
article thumbnail

The Economic Impact of the Medical Marijuana Industry: Trends and Projections

MMJ Recs

This burgeoning industry encompasses a wide range of activities, including cultivation, processing, distribution, and retail sales of medical cannabis products. The establishment of cultivation, processing, and dispensary facilities creates a diverse array of employment opportunities, spanning from agricultural roles to retail positions.