Fri.Jan 10, 2020

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Why isn’t the endocannabinoid system taught in medical schools?

Leafly

The endocannabinoid system (ECS) is a bodily system that works with all other systems to maintain optimal functionality. But did you know that this vital system isn’t covered in medical school? The post Why isn’t the endocannabinoid system taught in medical schools? appeared first on Leafly.

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Side Effects Of Marijuana Vs Conventional Medications

The Fresh Toast

For many illnesses cannabis can be effective, safe, and surprisingly pleasant instead of miserable. There are even health benefits to medical marijuana, especially for those with serious conditions. Continue reading Side Effects Of Marijuana Vs Conventional Medications at The Fresh Toast.

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Receivership and Distressed Cannabis Assets in California

Canna Law Blog

Succeeding in the cannabis industry is not easy, especially in California. Complex regulation, high taxes, expensive real estate, and competition with the black market are just a handful of factors that challenge cannabis businesses. The majority of players lack sufficient reserves and agility to stay in the game. Due to the substantial upfront costs required to obtain state and local licenses, many don’t even open their doors before cash flow problems lead to unpaid rent and defaulted loans.

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Meet THCP and CBDP: Study reveals the identification of two new cannabinoids

Leafly

Researchers just uncovered two new compounds in cannabis. One of them, THCP, may be a game-changer in understanding the plant's therapeutic potential. Find out why. The post Meet THCP and CBDP: Study reveals the identification of two new cannabinoids appeared first on Leafly.

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Where the Money Grows: Learning the Industry Trends in Medical Cannabis, Recreational Marijuana, Hemp, and Beyond

Speaker: Jonathan Bench, International Cannabis and Securities Business Attorney at Harris Bricken

The U.S. cannabis industry is still in its infancy, even though states began engaging with legalization in one form or another in the late 1990s. Today, many opportunities exist for individuals and businesses that want to engage in the industry. Some want to directly own licensed businesses, while others prefer to keep the industry at an arm’s length and merely profit from it.

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Morocco Govt To Examine Draft Regulated Cannabis Laws Submitted By The Party of Authenticity and Modernity

Cannabis Law Report

The draft bills aim to tackle the following, “reduce the prosecution of farmers” and “legalize the production of cannabis” The Justice Minister Mohamed Ben Abdelkader and senior members from the party held talks this week regarding the two draft laws, PAM’s MP Larbi El Mharchi said on social media. The Moroccan government is planning to discuss two draft laws submitted by the Party of Authenticity and Modernity (PAM) to “reduce the prosecution of farmers” and

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Maltese PM Hopefuls Both Say They Support Regulated Adult Cannabis Use

Cannabis Law Report

Lovin Malta reports…… Prime Minister hopefuls Chris Fearne and Robert Abela both displayed openness to the legalisation of cannabis for personal use when asked about the topic on Xarabank last night. Health Minister Fearne said that, as a doctor, his medical advice to anyone would be not to smoke anything, be it cigarettes, cigars or cannabis, but that he doesn’t want to interfere in people’s personal choices.

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New Marijuana Delivery and Consumption Opps in Colorado – But There’s a Catch

Greenspoon Marder Cannabis Law Group Blog

By Nabil Rodriguez, Associate. The Colorado marijuana industry kicked-off the New Year with several changes to the regulatory framework guiding legal marijuana businesses, including a few new license types: Licensed hospitality businesses are now authorized to allow for social consumption. Starting January 2, 2020, medical marijuana stores in Colorado may apply for a delivery permit through the Marijuana Enforcement Division (the “MED”).

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ILLINOIS STARTS 2020 ON A HIGH NOTE

Cannabis Law Report

ILLINOIS STARTS 2020 ON A HIGH NOTE. by Akshita Singh and Douglas Sargent | Jan 10, 2020 | Legislation , Recreational Marijuana , Social Equity | Illinois. To kick off 2020, we thought it would make sense to provide an update on what’s been going on in Illinois over the last few weeks (there’s been a lot) and is continuing to keep us extremely busy.

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Michigan town ‘stinks,’ so officials buy a cannabis odor detector

Leafly

Homegrow, USA: Bessemer city council buys the Nasal Ranger to check on an increasing number of odor complaints. The post Michigan town ‘stinks,’ so officials buy a cannabis odor detector appeared first on Leafly.

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Alberta Gaming, Liquor & Cannabis Change Tune. They will Now Consider Micro-Suppliers

Cannabis Law Report

For us, this one of the more interesting “little” stories of the week. As the pump & dump giants flounder it’s great to see that smaller producers will get a look in , in Canda’s Alberta province’ This we’d like to see in US regulated states and as far away as Australia. NZ has already outlined that they’ll be looking at a model of a smaller amount of local producers.

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Super Green Powders To Maximize Your Health

Otherside Farms

Do you get sick easily? Does it seem like your cold never goes away? Well, that much is to be anticipated. The world of today is far different from how it was 70 or 80 years ago. Now that we’ve entered an age of rapid progress and innovation, many things have changed – some for the better, some for the worse, and some at the cost of the other. But that’s just how things go.

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Planet 13 Pre-Announces 2019 Revenue at $63 Million

Cannabis Law Report

Planet 13 Announces Strong Finish to 2019 – Approximately 695,000 Customers Served in 2019 at an Average Ticket above $90. Approximately 695,000 customers served in 2019 at an average ticket above $90 for preliminary unaudited revenue of ~$63 million. Preliminary unaudited gross margin of ~57% for 2019, with margin expansion throughout the year – 50% in Q4 2018 compared to between 56% and 59% in Q4 2019.

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Today’s Answer of the Day

TheAnswerPage

Does regular marijuana use have a significant effect on the amount of sedation required to perform an endoscopic procedure? Yes. According to an April 2019 study involving 250 patients (25 users and 225 non-users), the amount of required sedation in regular marijuana users was significantly greater than the amount required by non-users. For example, the marijuana users required 14 % more fentanyl, 19.6 % more midazolam and 220.5% more propofol.

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British Virgin Isles Says Govt Has Not Entered “The Marijuana Business” Just “the government will be involved in the sale of medicinal marijuana products”. 

Cannabis Law Report

BVI news reports………While government is making moves to have medicinal marijuana become a revenue-generating measure for the BVI, Minister responsible for Health and Social Development Carvin Malone wants to make it clear that “government has not entered the marijuana business”. BVI, Minister responsible for Health and Social Development Carvin Malone.

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Cannabis in Nevada – Laws, Use, and History

Sensi Seeds

Nevada legalised recreational use of cannabis in 2017. Now, adults over the age of 21 can legally purchase up to one ounce of cannabis from a state-licenced retailer; or if there isn’t a retailer near their property, they can grow up to six plants at home. However, there are rules in place. For example, public use is forbidden and will incur a fine.

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Medical Cannabis Network Editorial Advisory Board Announced

Cannabis Law Report

They write, “Launching this month and featuring the latest medical cannabis insights from leading health and industry experts, our new Medical Cannabis Network Quarterly publication will cover all aspects of the cannabis industry from the research and science behind the plant to investment, cultivation, supply chain, products, pharma, policy and more.” To mark the launch, we are pleased to announce our new Editorial Advisory Board.

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Study: Marijuana in Double Vacuum-Sealed Plastic Covers Smell

The Joint Blog

Subjects are unable to identify marijuana when it is packaged in double vacuum-sealed plastic, but can do so when it is packaged in a simple resealable sandwich bag, according to a new study published in the journal Science & Justice and first reported on by NORML. For the study, researchers from Colorado State University evaluated whether untrained observers could correctly identify dried cannabis flower based solely on smell.

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Cuomo – People, I bring you cannabis, I promise !

Cannabis Law Report

He’s beginning to sound like a Roman senator is his quest to bring NYC regulated cannabis, apparently it’s going to be gigantic. Looking at already regulated states the question is a “gigantic what ?” On Wednesday Cuomo highlighted adult-use cannabis legalization as one of his 2020 priorities. His proposal includes forming an Office of Cannabis Management to regulate medical, adult-use and hemp programs; ensuring that social equity and social justice needs are met; wor

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Weekly Legislative Roundup 1/10/20

NORML

Welcome to the first Weekly Legislative Roundup of 2020! This week, The US House Small Business Committee has waived its jurisdiction on the Marijuana Opportunity, Reinvestment, and Expungement (MORE) Act. By waiving, the Small Business Committee is de-facto advancing the bill — thus increasing the prospects that the MORE Act will receive a full House vote in the near future.

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The Kennedy Effect ? “Do the other things, not because they are easy, but because they are hard”

Cannabis Law Report

A bill to federally legalize marijuana and implement restorative justice policies gained a notable cosponsor on Wednesday: Rep. Joe Kennedy III (D-MA), who only recently backed cannabis reform after being a long-time opponent. Reports Marijuana Moment. MM write. The congressman signed on to the Marijuana Opportunity Reinvestment and Expungement (MORE) Act, raising the total number of cosponsors to 67.

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BREAKING: Newsom Proposes California Cannabis Regulatory Consolidation

Canna Law Blog

On Friday, January 10, 2019, the California Bureau of Cannabis Control (BCC) issued an email press release entitled, “Consolidation of California Cannabis Licensing Authorities” concerning a budget proposal released by Governor Gavin Newsom. Per the press release: Newsom intends to combine all three California cannabis agencies into one single Department of Cannabis Control by July 2021.

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Contaminated Product Removed From 2 Alaska Stores

Cannabis Law Report

ANCHORAGE (KTUU) – The Alcohol and Marijuana Control Office says that tests on products from two Houston, Alaska marijuana businesses show that the businesses were in possession of contaminated marijuana. The report says. The office is now asking the public to surrender their products purchased from the establishments to licensed retailers for “proper destruction.” “This is the first time contaminated products from pesticide and/or fungicides has been confirmed in Alask

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Oasis Intelligence Launches, Arming Cannabis & Hemp Marketers With Unprecedented Consumer Data & Insights

Cannabis Law Report

LOS ANGELES–(BUSINESS WIRE)–Jan 9, 2020– Oasis Intelligence officially launched today, offering brand marketers in the cannabis and hemp industry, as well as related sectors, a much needed tool: unprecedented access to consumer insights at scale. The industry is poised for more growth in 2020, with Illinois notably being the tenth state to allow for adult-use recreational cannabis and racking up $10.8 million in sales over the first five days.

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Growing Pains with Medical Marijuana Taxation – Cannabis Industry News Alert

Cannabis Law Report

WRITTEN BY: Bradley Arant Boult Cummings LLP. Contact . Bethany Breeze Davenport. Whitt Steineker. More and more states across the South are adopting medical marijuana regimes. With this growth comes growing pains. One such pain for marijuana businesses is the tension between following state laws on a product that is still illegal at the federal level.

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Report: Federal Reserve Bank of Kansas City -“Is the Colorado Marijuana Industry Showing Signs of Maturation?”

Cannabis Law Report

Is the Colorado Marijuana Industry Showing Signs of Maturation? Alison Felix , Senior Policy Advisor , Sam Chapman , Associate Economist , and Jordan Bass , Research Associate. DECEMBER 31, 2019 | This issue of the Rocky Mountain Economist provides an update on the economic impacts of the marijuana industry in Colorado and evaluates signs of maturation within this industry nearly six years after the first recreational marijuana storefronts opened.

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Gov Newsom Says – This Time We Really Have Plans To Streamline CA Cannabis Tax Issues

Cannabis Law Report

California Gov. Gavin Newsom’s administration on Friday announced plans to simplify the state’s cannabis regulatory and tax systems, which have been blamed for enabling an illicit market to continue to thrive. The proposed changes, which will be in Newsom’s state budget proposal, come in the wake of recommendations by an independent agency that the state overhaul its cannabis tax regime.

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Lori Ajax & BCC Add Their Comments To Gov Newsom’s Cannabis Tax Simplification Program

Cannabis Law Report

To All Interested Parties, We are proud to share Governor Newsom’s budget proposal for cannabis industry regulation and taxation, announced by the Governor today. Regulatory Simplification. In an effort to improve access to licensing and simplify regulatory oversight of commercial cannabis activity, the Administration plans to consolidate the three licensing entities that are currently housed at — the Bureau of Cannabis Control, the Department of Food and Agriculture, and the Department of Publi