Tue.May 12, 2020

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House COVID Package Includes Cannabis Banking Relief, But Not Small Business Support

NORML

House Leadership unveiled legislation today, the Health and Economic Recovery Omnibus Emergency Solutions Act (aka the ‘‘HEROES Act”), to provide additional economic resources and support in response to the global COVID-19 pandemic. Included in the language of the bill is HR 1595: The SAFE Banking Act, which amends federal law so that explicitly banks and other financial institutions may work directly with state-legal marijuana businesses.

Packaging 288
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Cannabis banking reform included in latest Congressional COVID relief bill

Leafly

The SAFE Banking Act has been folded into the latest coronavirus relief measure. That's huge. The post Cannabis banking reform included in latest Congressional COVID relief bill appeared first on Leafly.

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NORML Activist Spotlight: Tamara Netzel

NORML

Tamara Netzel was a middle school English teacher, an Army officer’s wife, and possibly the most cannabis naive individual you could have met. She was diagnosed with Multiple Sclerosis in 2013, and for a few years believed she could continue to teach and live her life as long as she followed all the doctors recommendations and took the medications they prescribed.

Advocacy 281
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Congress could save 10,000+ cannabis jobs with access to stimulus funds

Leafly

Leafly/NCR survey finds 85% of companies could save jobs if they weren't denied access to COVID-19 funds. The post Congress could save 10,000+ cannabis jobs with access to stimulus funds 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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Microdosing: The Secret To A New Cannabis Experience

The Fresh Toast

Microdosing: The Secret To A New Cannabis Experience. Medically speaking, microdosing means to consume a small amount of a substance, then gradually increase the dose in order to achieve a desired effect, such as pain relief. The post Microdosing: The Secret To A New Cannabis Experience appeared first on The Fresh Toast.

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To Live and Die in LA: Despite Increased Demand, Cannabis Retailers Still Fight for Life in Light of the Pandemic – Is Help on the Way?

The Blunt Truth

When we all sheltered in place in mid-March, social media accounts everywhere reflexively joked how marijuana use was about to skyrocket like wine consumption and On Demand streaming. True to form, recreational marijuana retailers in LA and several markets in the US where stores remained open saw an immediate spike in sales; there was a 159% increase in California over the same time period in 2019.

Retail 98
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PURA Pursues $8.5 Billion Sun Care Market Entry With CBD Infused Products

Cannabis Law Report

Dallas, Texas–(Newsfile Corp. – May 12, 2020) – Puration, Inc. (OTC Pink: PURA) today announced entering into a letter of intent (LOI) to acquire a … Read More.

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Quarantine Act Legislation: Frequently Asked Questions

Cannabis Life Network

Earlier this month, the federal government took an unprecedented step in the fight against COVID-19 and began enforcing the Quarantine Act. A relatively mysterious piece of legislation, the Quarantine Act is rarely – if ever – referred to or used by our government authorities. At this point, however, public officials have decided to begin enforcing […].

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Tilray’s says net loss “improves” to $184 million

Cannabis Law Report

MJ Biz reports… Nanaimo, British Columbia-headquartered Tilray reported a net loss of $184.1 million for its quarter ending March 31, an improvement from the previous … Read More.

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7 Cannabis Strains To Smoke Before Playing Video Games

Cannabis Life Network

Have you ever wanted to enhance your video game experience with cannabis but not sure which strain is right for you? Don’t worry, we’ve created a list of 7 cannabis strains to smoke before playing video games. Lemon Kush cannabis strain Lemon Kush (50% Sativa, 50% Indica) is a strain that will keep you happy, […]. The post 7 Cannabis Strains To Smoke Before Playing Video Games appeared first on Latest Cannabis News Today - Headlines, Videos & Stocks.

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Colorado: Sales Tax Submission/ Waiver Information Update

Cannabis Law Report

On behalf of the Department of Revenue’s Taxation Division Dear Stakeholders, Colorado retailers that are required to file a sales tax return and remit sales … Read More.

Retail 98
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The Weedmaps Subpoena: Has the Feds’ Interest in the Cannabis Industry Really Shifted?

Canna Law Blog

Last October , Weedmaps, the well-known platform providing cannabis consumers with information related to cannabis products, online ordering, retail store and product listings, and consumer education, received a subpoena from the U.S. Attorney’s office for the Eastern District of California seeking records related to a number of cannabis operators listed on the platform, as well as documents related to its ordering service, records related to its staff, investors and accounting.

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Hemp F&B Extracts Legislation On Hold During COVID-19

Cannabis Law Report

A proposal to legalize hemp-derived extracts in food and beverages in California is on hold as lawmakers focus on coronavirus-related legislation to help the economy, … Read More.

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Medical Cannabis Oil Distribution On The Horizon In Georgia

MassRoots

As a beacon of hope for patients in Georgia, an executive director has finally been appointed by the Access to Medical Cannabis Commission to oversee the next stages of development for the state’s medical marijuana program. Andrew Turnage, who has experience as executive director for both the Georgia State Board of Cosmetology and Barbers and the Georgia Board of Nursing, was selected over four other applicants. .

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Materia officially enters the German medical cannabis market

Cannabis Law Report

Materia has now acquired the licensed medical cannabis distributor, Cannaktiv, and has officially entered the German medical cannabis market. Materia , a medical cannabis and … Read More.

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Today’s Answer of the Day

TheAnswerPage

Does CBD isolate contain any other cannabinoids or terpenes? CBD isolate is CBD in its molecular form, and is typically sold as 99+% pure. Unless indicated on the label, products made with CBD isolate do not contain any other cannabinoids or terpenes. See Answer. See Answer.

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GW Pharmaceuticals loses $8 million over last quarter

Cannabis Law Report

GW Pharmaceuticals lost $8 million in its latest quarter – an improvement over the previous three-month period – but the United Kingdom-based medical cannabinoid company … Read More.

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Australia: THC Global acquire cannabis clinic network for $3 million

Cannabis Law Report

Business News Australia reports … Cannabis producer THC Global (ASX: THC) will further diversify its business with a $3 million acquisition of clinic operator Tetra … Read More.

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ECS Botanics teams up with Essential Oils of Tasmania for hemp, cannabinoid market

Cannabis Law Report

ECS Botanics Holdings (ASX: ECS) has announced a new partnership with Tasmanian natural products business Essential Oils of Tasmania (EOT) to fast-track development and capitalise … Read More.

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Maine drops residency requirement for recreational marijuana businesses

Cannabis Law Report

The state reached an agreement with a marijuana company Monday that eliminates the rule that would have required applicants to have lived in Maine for … Read More.

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Cannabis Lab – Meet The Press – Cannabis In The Media

Cannabis Law Report

THE PRICE – Subscribe to Cannabis Lab Amount $50.00 – Chapter Member – Monthly $100.00 – Corporate Member – Monthly Recurs monthly starting immediately THE … Read More.

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Tasmania – Australia: From Devout Christians To Medical Cannabis Users

Cannabis Law Report

The Tasmania Examiner tells the story of an Australian couple who have testified to a Senate committee who ended up relying up on the black … Read More.

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Adopting a growth mindset when navigating the cannabis industry

Cannabis Law Report

THE PRICE – Free THE DATE – May 14, 2020 01:00 PM in Eastern Time (US and Canada) THE RATING – THE BLURB – Topic … Read More.

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FlowerHire & LeafWire Present: Balanced Leadership During a Crisis

Cannabis Law Report

THE PRICE – Free THE DATE – May 13, 2020 01:30 PM in Eastern Time (US and Canada) THE RATING – THE BLURB – Join … Read More.

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University of Miami School of Nursing and Health Study sheds light on ‘vulnerable’ cannabis users

Cannabis Law Report

The University of Miami reports, an international study led by the University’s School of Nursing and Health Studies says it aims to help guide public … Read More.

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SLO County “basically” bans hemp cultivation

Cannabis Law Report

Cal Coast News reports on what’s looking like a roll back of hemp production in San Luis Obispo County They write. The San Luis Obispo … Read More.

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Maine: Announcement from OMP Regarding Residency Requirements

Cannabis Law Report

The Office of Marijuana Policy (“OMP”) announced this week that they will no longer be enforcing the Maine residency requirements for owners and principals of … Read More.

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New Report: Medical Marijuana: Consumers’ Perspectives in the US and UK

Cannabis Law Report

The blurb says………The report evaluates trends across different age groups, health statuses, and other parameters to inform insightful comparisons and market-specific analyses, always linking the … Read More.

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Alaskan Pickle Over Regulated Cannabis Transport During COVID

Cannabis Law Report

The much smarter people than us at Marijuana Moment have dived headfirst into Alaska’s rules and regs for transporting regulated cannabis products during coronavirus. Here’s … Read More.

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Cannabis SaaS Company GrowFlow Raises $8.4M Growth Round

Cannabis Law Report

Funds will support accelerated sales, marketing, content product and product development LOS ANGELES , May 12, 2020 /PRNewswire/ — GrowFlow , the Los Angeles -based … Read More.